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"Promise Zones." - 1/10/2014 2:00:55 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
Well, President Pantload has come up with a great idea now, "Promise Zones!"
My guess is that he'll pour Taxpayer dollars not into middle class areas, not into working class areas, but into inner city areas.
Do you think I'm close? AND, I bet there'll be mention of a Clinton holdover,.."Midnight Basketball!"
I wonder what public "Promises" he's going to make,... publically? Probably something vague about ,...."education."
Ever notice that,. they always mention ..."education." Funny though, I bet their "target audience" of "Promisees" couldn't give two shits about,...."education." As if mentioning,...."education" means they're,..."smart." And they'll make those announcements wearing glasses and with a shitload of *books* behind them to appear,..."smart."
I bet that in three years or so when Pantload is gone those ,...."Promise Zones" will become,..."Dead Zones."
And on Fox's The Factor with Bill O'Reilly Bill cited a study that concluded that if the gov't simply gave the money to The People they'd be 100 times better than if they put it into a "gov't program."
I bet Pantload will have "offices" in those,..."Promise Zones" filled with unemployed lawyers suddenly making $100k off of,.....us. They'll be economic counselors, small business councillors, psychological councillors, you name it! None of them, not a one will know how to use a shovel without the manual.
What say you?

< Message edited by popeye1250 -- 1/10/2014 2:20:57 AM >


_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"
Profile   Post #: 1
RE: "Promise Zones." - 1/10/2014 3:13:29 AM   
Phydeaux


Posts: 4828
Joined: 1/4/2004
Status: offline

quote:

ORIGINAL: popeye1250

Well, President Pantload has come up with a great idea now, "Promise Zones!"
My guess is that he'll pour Taxpayer dollars not into middle class areas, not into working class areas, but into inner city areas.
Do you think I'm close? AND, I bet there'll be mention of a Clinton holdover,.."Midnight Basketball!"
I wonder what public "Promises" he's going to make,... publically? Probably something vague about ,...."education."
Ever notice that,. they always mention ..."education." Funny though, I bet their "target audience" of "Promisees" couldn't give two shits about,...."education." As if mentioning,...."education" means they're,..."smart." And they'll make those announcements wearing glasses and with a shitload of *books* behind them to appear,..."smart."
I bet that in three years or so when Pantload is gone those ,...."Promise Zones" will become,..."Dead Zones."
And on Fox's The Factor with Bill O'Reilly Bill cited a study that concluded that if the gov't simply gave the money to The People they'd be 100 times better than if they put it into a "gov't program."
I bet Pantload will have "offices" in those,..."Promise Zones" filled with unemployed lawyers suddenly making $100k off of,.....us. They'll be economic counselors, small business councillors, psychological councillors, you name it! None of them, not a one will know how to use a shovel without the manual.
What say you?

There are no unemployed lawyers.

By the way. What do you get when you cross a pig with a lawyer?

Nothing. There are somethings a pig will not fuck.

(in reply to popeye1250)
Profile   Post #: 2
RE: "Promise Zones." - 1/10/2014 7:10:46 AM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
Could someone inform the rest of us what these two are babbling about now? Sounds like they got their information from some right wing talk show that conveniently got their information wrong since they know their listeners are to stupid and ignorant to check the actual information out.

(in reply to Phydeaux)
Profile   Post #: 3
RE: "Promise Zones." - 1/10/2014 7:34:14 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline
This is EE-YUL!!! EE-YUL!! EE-YUL!! from square one.

O'Reilly cited a credible, verifiable, factual, topical something?  Bullshit.   

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


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Profile   Post #: 4
RE: "Promise Zones." - 1/10/2014 2:43:52 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
'Tail, go ahead and,...promise me something then you can go and break your promise!

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to mnottertail)
Profile   Post #: 5
RE: "Promise Zones." - 1/10/2014 2:45:18 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline
You are not oathable.



_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to popeye1250)
Profile   Post #: 6
RE: "Promise Zones." - 1/11/2014 2:41:28 AM   
SadistDave


Posts: 801
Joined: 3/11/2005
Status: offline
The really funny thing about these "Promise Zones", aside from their ridiculous premise is that they are already expected to do the opposite of what they're supposed to be doing. Case in point: L.A.

http://www.latimes.com/local/la-me-ln-promise-zone-poor-20140110,0,2739898.story#axzz2q5KF0PoP

For you non-link clickers... apparently L.A. expects that the money coming into their "Promise Zones" will make the area so desirable that the property values will escalate due to increased commerce to the point that poor people (Remember the poor people? This is supposed to help the poor people.) in "The Zone" won't be able to afford living there anymore.

This is classic Obamafail!

-SD-

_____________________________

To whom it may concern: Just because someone is in a position of authority they do not get to make up their own facts. In spite of what some people here (who shall remain nameless) want to claim, someone over the age of 18 is NOT a fucking minor!

(in reply to mnottertail)
Profile   Post #: 7
RE: "Promise Zones." - 1/11/2014 6:20:35 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline

quote:

ORIGINAL: SadistDave

The really funny thing about these "Promise Zones", aside from their ridiculous premise is that they are already expected to do the opposite of what they're supposed to be doing. Case in point: L.A.

http://www.latimes.com/local/la-me-ln-promise-zone-poor-20140110,0,2739898.story#axzz2q5KF0PoP

For you non-link clickers... apparently L.A. expects that the money coming into their "Promise Zones" will make the area so desirable that the property values will escalate due to increased commerce to the point that poor people (Remember the poor people? This is supposed to help the poor people.) in "The Zone" won't be able to afford living there anymore.

This is classic Obamafail!

-SD-



Lol, L.A. will then have the best dressed pimps and drug pushers in the state!
And, they could have highly paid "consultants" there to teach them "manners" and grace.
Imagine that, pimps who know which fork to use at a formal dinner!

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to SadistDave)
Profile   Post #: 8
RE: "Promise Zones." - 1/11/2014 6:26:43 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline

quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: SadistDave

The really funny thing about these "Promise Zones", aside from their ridiculous premise is that they are already expected to do the opposite of what they're supposed to be doing. Case in point: L.A.

http://www.latimes.com/local/la-me-ln-promise-zone-poor-20140110,0,2739898.story#axzz2q5KF0PoP

For you non-link clickers... apparently L.A. expects that the money coming into their "Promise Zones" will make the area so desirable that the property values will escalate due to increased commerce to the point that poor people (Remember the poor people? This is supposed to help the poor people.) in "The Zone" won't be able to afford living there anymore.

This is classic Obamafail!

-SD-



Lol, L.A. will then have the best dressed pimps and drug pushers in the state!
And, they could have highly paid "consultants" there to teach them "manners" and grace.
Imagine that, pimps who know which fork to use at a formal dinner!

Are we having a contest for most racist post and nobody told me?

(in reply to popeye1250)
Profile   Post #: 9
RE: "Promise Zones." - 1/11/2014 6:32:12 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
quote:

ORIGINAL: SadistDave
The really funny thing about these "Promise Zones", aside from their ridiculous premise is that they are already expected to do the opposite of what they're supposed to be doing. Case in point: L.A.

http://www.latimes.com/local/la-me-ln-promise-zone-poor-20140110,0,2739898.story#axzz2q5KF0PoP

For you non-link clickers... apparently L.A. expects that the money coming into their "Promise Zones" will make the area so desirable that the property values will escalate due to increased commerce to the point that poor people (Remember the poor people? This is supposed to help the poor people.) in "The Zone" won't be able to afford living there anymore.

This is classic Obamafail!

-SD-


Once more you have failed to actually understand the meaning behind the wording. Anyone can read the 2nd amendment, yet a huge number can not explain it as if they were from the 18th century. Made worst is your personal delight in hoping things fail for America to some warp way 'get even with the President'.

The idea behind the 'promised zones' as I understand it, is to do effectively the opposite of the 'trickle down theory'. Through the use of grants and other programs, those in the affected areas might see an increase into their way of life. Like a ship in a bad storm that suddenly see's a way out to calmer waters. The trick for that ship captian, much like those individuals in that area, are given a chance to steer towards calmer waters. Understand the folks in those areas really feel they have no chance. The 'American Dream' to them, is such a myth as to be laugh at rather than taken seriously. They will not become millionaires or even 'well off' over night. In fact some of them will simply remain right were they are. The remainder however, have an opportunity and for a small group, a chance to really do something with it. Just enough nodging helps those people rise from the utter crap of their current situation towards a better life for themselves, their families and maybe the community.

Recall the nature of the recession right now for most of America. We have the 'supply' yet, not the 'demand'. This pushes the price of a good/service down. An as you know, this lower price mark yields less gross profit to the company. Now, give those people some help in handling life, and they start using the resources within the community. Local communities gain the immediate benefit but soon that expands to other areas within a few months. People will a bit more in resources, will tend to consume more things, thus creating the demand the supply curve needs. Look at the grocery bill for a family of four. The poor economic group will tend to buy nearly the same quantity of food to be consumed as the upper middle or lower upper classes. Most people do not believe in hording food and then using a FIFO (First In, First Out) process of consumption. Some of it will go bad, thus creating the need for new consumption. This process works for non-perishable items as well. When similar processes have been used in the past, it has helped Americans get back onto their feet.

But keep up with the antics, they only make you look like a fool for not understanding history.

(in reply to SadistDave)
Profile   Post #: 10
RE: "Promise Zones." - 1/11/2014 7:28:16 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: joether
Recall the nature of the recession right now for most of America. We have the 'supply' yet, not the 'demand'. This pushes the price of a good/service down. An as you know, this lower price mark yields less gross profit to the company. Now, give those people some help in handling life, and they start using the resources within the community. Local communities gain the immediate benefit but soon that expands to other areas within a few months. People will a bit more in resources, will tend to consume more things, thus creating the demand the supply curve needs. Look at the grocery bill for a family of four. The poor economic group will tend to buy nearly the same quantity of food to be consumed as the upper middle or lower upper classes. Most people do not believe in hording food and then using a FIFO (First In, First Out) process of consumption. Some of it will go bad, thus creating the need for new consumption. This process works for non-perishable items as well. When similar processes have been used in the past, it has helped Americans get back onto their feet.


Where is demand lagging supply? That is, what sectors are lagging because of low demand?

Don't you see that artificially increasing demand when natural demand isn't there will lead to malinvestments and skew the Market? This kind of crap just boosts the boom/bust cycle.




_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to joether)
Profile   Post #: 11
RE: "Promise Zones." - 1/11/2014 8:47:38 PM   
SadistDave


Posts: 801
Joined: 3/11/2005
Status: offline

quote:

ORIGINAL: joether

Once more you have failed to actually understand the meaning behind the wording. Anyone can read the 2nd amendment, yet a huge number can not explain it as if they were from the 18th century. Made worst is your personal delight in hoping things fail for America to some warp way 'get even with the President'.

The idea behind the 'promised zones' as I understand it, is to do effectively the opposite of the 'trickle down theory'. Through the use of grants and other programs, those in the affected areas might see an increase into their way of life. Like a ship in a bad storm that suddenly see's a way out to calmer waters. The trick for that ship captian, much like those individuals in that area, are given a chance to steer towards calmer waters. Understand the folks in those areas really feel they have no chance. The 'American Dream' to them, is such a myth as to be laugh at rather than taken seriously. They will not become millionaires or even 'well off' over night. In fact some of them will simply remain right were they are. The remainder however, have an opportunity and for a small group, a chance to really do something with it. Just enough nodging helps those people rise from the utter crap of their current situation towards a better life for themselves, their families and maybe the community.

Recall the nature of the recession right now for most of America. We have the 'supply' yet, not the 'demand'. This pushes the price of a good/service down. An as you know, this lower price mark yields less gross profit to the company. Now, give those people some help in handling life, and they start using the resources within the community. Local communities gain the immediate benefit but soon that expands to other areas within a few months. People will a bit more in resources, will tend to consume more things, thus creating the demand the supply curve needs. Look at the grocery bill for a family of four. The poor economic group will tend to buy nearly the same quantity of food to be consumed as the upper middle or lower upper classes. Most people do not believe in hording food and then using a FIFO (First In, First Out) process of consumption. Some of it will go bad, thus creating the need for new consumption. This process works for non-perishable items as well. When similar processes have been used in the past, it has helped Americans get back onto their feet.

But keep up with the antics, they only make you look like a fool for not understanding history.


Look at you! All "special needs" and shit! What a goddamn family of four spends on groceries has not one fucking thing to do with this.

Pumping large amounts of cash into poor neighborhoods will increase the property values upwards because the neighborhoods will become cleaner and safer. As the property values rise, people who can afford to pay the increasing rent on commercial buildings will open businesses that attract people in ever increasing income brackets to the neighborhood. After the commercially zoned properties start increasing in value, residential properties will increase in value. In just a few years, the poor will no longer be able to afford living there.

When the rent on someones shithole house or apartment is suddenly increased to the point that they can no longer afford to pay rent, they have to move. In this case it means they will have to move out of these so-called "Promise Zones" and into other shithole apartments and houses in another ghetto.

This actually happens all the time. If you knew as much about history as you claim to, you would be aware of how inner city migrations are affected by economic drivers. All these "Promise Zones" will do is force these things to happen artifically at a much faster pace than normal. Instead of it happening over the course of decades, it will be a matter of a couple of years. When the poor are displaced, there is a very real possibility that they will have nowhere to move to when they can no longer afford to live in the "Promise Zone".

-SD-

_____________________________

To whom it may concern: Just because someone is in a position of authority they do not get to make up their own facts. In spite of what some people here (who shall remain nameless) want to claim, someone over the age of 18 is NOT a fucking minor!

(in reply to joether)
Profile   Post #: 12
RE: "Promise Zones." - 1/12/2014 12:22:45 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline

quote:

ORIGINAL: DomKen


quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: SadistDave

The really funny thing about these "Promise Zones", aside from their ridiculous premise is that they are already expected to do the opposite of what they're supposed to be doing. Case in point: L.A.

http://www.latimes.com/local/la-me-ln-promise-zone-poor-20140110,0,2739898.story#axzz2q5KF0PoP

For you non-link clickers... apparently L.A. expects that the money coming into their "Promise Zones" will make the area so desirable that the property values will escalate due to increased commerce to the point that poor people (Remember the poor people? This is supposed to help the poor people.) in "The Zone" won't be able to afford living there anymore.

This is classic Obamafail!

-SD-



Lol, L.A. will then have the best dressed pimps and drug pushers in the state!
And, they could have highly paid "consultants" there to teach them "manners" and grace.
Imagine that, pimps who know which fork to use at a formal dinner!

Are we having a contest for most racist post and nobody told me?



Dom Ken, what do you find "racist" about this thread?

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to DomKen)
Profile   Post #: 13
RE: "Promise Zones." - 1/12/2014 8:42:39 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: joether
Recall the nature of the recession right now for most of America. We have the 'supply' yet, not the 'demand'. This pushes the price of a good/service down. An as you know, this lower price mark yields less gross profit to the company. Now, give those people some help in handling life, and they start using the resources within the community. Local communities gain the immediate benefit but soon that expands to other areas within a few months. People will a bit more in resources, will tend to consume more things, thus creating the demand the supply curve needs. Look at the grocery bill for a family of four. The poor economic group will tend to buy nearly the same quantity of food to be consumed as the upper middle or lower upper classes. Most people do not believe in hording food and then using a FIFO (First In, First Out) process of consumption. Some of it will go bad, thus creating the need for new consumption. This process works for non-perishable items as well. When similar processes have been used in the past, it has helped Americans get back onto their feet.


Where is demand lagging supply? That is, what sectors are lagging because of low demand?

Don't you see that artificially increasing demand when natural demand isn't there will lead to malinvestments and skew the Market? This kind of crap just boosts the boom/bust cycle.


The reason the recession took place was due to a rapid decline in demand. The buyers failed on a number of levels and directions to keep pressing forth a buying desire to companies providing the supply to generate the price point. As the demand weakened, the supply side would not reduce their price point to the newer levels, instead forcing the previous price level. In other words, those supplying did not read the market accurately until things were out of control. So the suppliers had inventory, they were not sure held any sort of value as there was nothing to compare it towards. Hence the 'toxic assets' that came into existence back in 2007. So the those doing the supplying were not just lagging behind, they totally missed the changing marketplace. Using previously held thought without taking into account the new marketplace cost many of these companies heavily.

In previous recessions, the government would step in to provide an artificial demand. This would allow the industry affected to retool their operations to handle the new market environment to regain profitability. However, it is not an exact science but an art form. To much aid can create wasteful spending and usage, while to little simply slows but does not stop the downward spiral. When the American Recovery and Reinvestment Act was put into play, most of the industries saw a rapid slowing of that downward spiral. By 2010, many of them had either leveled out or were regaining ground (albeit at a slow rate). The reason the program was not continued into 2011 had more to do with politics than economics. Even though most economists at the time stated keeping the program for one additional year would have the nation out of a recession. Think about what was going on in this country in 2011-2012 from a political standpoint. Who would gain from a healthy economy by using knowledge and sound business advice that has been shown to work in the past?

This recession is handled differently to previous recessions. I understand how it works, but I may not be explaining it correctly here.

(in reply to DesideriScuri)
Profile   Post #: 14
RE: "Promise Zones." - 1/12/2014 9:49:09 PM   
DaddySatyr


Posts: 9381
Joined: 8/29/2011
From: Pittston, Pennsyltucky
Status: offline
"The first thing I'll do is end the wars in Iraq and Afghanistan"

"I will undo the damage done to this country by the PATRIOT Act"

"If you like your doctor, you can keep your doctor"

"If you're happy with your current health coverage, you'll be able to keep it"

"I will get to the bottom of this IRS situation and hold those who are responsible accountable"

So ... I'm supposed to believe this promise ... why?



A voter


< Message edited by DaddySatyr -- 1/12/2014 9:50:49 PM >


_____________________________

A Stone in My Shoe

Screen captures (and pissing on shadows) still RULE! Ya feel me?

"For that which I love, I will do horrible things"

(in reply to joether)
Profile   Post #: 15
RE: "Promise Zones." - 1/13/2014 1:12:51 AM   
FellowSlave


Posts: 97
Joined: 11/23/2013
Status: offline
Fro m The Market Orackle:
[“Under the proposed Promise Zones, the federal government plans to partner with local governments and businesses to provide tax incentives and grants to help combat poverty.” (“Obama to name 5 ‘Promise Zones’ for assistance“, USA Today)

Combatting poverty’ has nothing to do with it. Obama plans to shower the nation’s biggest corporations–which recorded record profits in the last year and are presently sitting on more than $1.3 trillion in cash–with more lavish subsidies and tax breaks while providing an endless source of cheap slave labor to boost future earnings. The president believes that the wealth generated in these profit zones, er, promise zones will trickle down to the area’s residents, even though–as the Christian Science Monitor notes–”it can be hard to tell whether a program’s benefits reach the poorest people, rather than flowing largely into the hands of the business owners who get the tax credits.”]

Basically, it will be experimental future US plantation model. One just needs to extend the zones later to cover the territory.

(in reply to DaddySatyr)
Profile   Post #: 16
RE: "Promise Zones." - 1/13/2014 1:27:43 AM   
FellowSlave


Posts: 97
Joined: 11/23/2013
Status: offline
The problem is the government really does not care about 40% bottom feeders at all. They try to fool the population with some illusions of progress hoping (for good reason) they buy it, and people maintain some loyalty to the government. After all the corporatist-globalist agenda is more important, the two problems contradict each other and they can not be solved at the same time.
At the same time the idea with zones would work different way if we knowingly would take a path to decentralization, and we would make an attempt to get the central government out of communities restoring local economies.

(in reply to FellowSlave)
Profile   Post #: 17
RE: "Promise Zones." - 1/13/2014 8:33:26 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
Anytime I hear the phrase "Big Business and government Partnering together" I just instinctively know that that's not a good thing and that The People are going to get screwed!
"Big Business" always ends up getting the money (tax dollars) from The People.

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to FellowSlave)
Profile   Post #: 18
RE: "Promise Zones." - 1/13/2014 9:25:16 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: joether
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: joether
Recall the nature of the recession right now for most of America. We have the 'supply' yet, not the 'demand'. This pushes the price of a good/service down. An as you know, this lower price mark yields less gross profit to the company. Now, give those people some help in handling life, and they start using the resources within the community. Local communities gain the immediate benefit but soon that expands to other areas within a few months. People will a bit more in resources, will tend to consume more things, thus creating the demand the supply curve needs. Look at the grocery bill for a family of four. The poor economic group will tend to buy nearly the same quantity of food to be consumed as the upper middle or lower upper classes. Most people do not believe in hording food and then using a FIFO (First In, First Out) process of consumption. Some of it will go bad, thus creating the need for new consumption. This process works for non-perishable items as well. When similar processes have been used in the past, it has helped Americans get back onto their feet.

Where is demand lagging supply? That is, what sectors are lagging because of low demand?
Don't you see that artificially increasing demand when natural demand isn't there will lead to malinvestments and skew the Market? This kind of crap just boosts the boom/bust cycle.

The reason the recession took place was due to a rapid decline in demand. The buyers failed on a number of levels and directions to keep pressing forth a buying desire to companies providing the supply to generate the price point. As the demand weakened, the supply side would not reduce their price point to the newer levels, instead forcing the previous price level. In other words, those supplying did not read the market accurately until things were out of control. So the suppliers had inventory, they were not sure held any sort of value as there was nothing to compare it towards. Hence the 'toxic assets' that came into existence back in 2007. So the those doing the supplying were not just lagging behind, they totally missed the changing marketplace. Using previously held thought without taking into account the new marketplace cost many of these companies heavily.
In previous recessions, the government would step in to provide an artificial demand. This would allow the industry affected to retool their operations to handle the new market environment to regain profitability. However, it is not an exact science but an art form. To much aid can create wasteful spending and usage, while to little simply slows but does not stop the downward spiral. When the American Recovery and Reinvestment Act was put into play, most of the industries saw a rapid slowing of that downward spiral. By 2010, many of them had either leveled out or were regaining ground (albeit at a slow rate). The reason the program was not continued into 2011 had more to do with politics than economics. Even though most economists at the time stated keeping the program for one additional year would have the nation out of a recession. Think about what was going on in this country in 2011-2012 from a political standpoint. Who would gain from a healthy economy by using knowledge and sound business advice that has been shown to work in the past?
This recession is handled differently to previous recessions. I understand how it works, but I may not be explaining it correctly here.


IOW, you have no fucking idea where demand is lagging. Artificially inflated demand (which I do believe accurately describes pre-Recession) isn't a good standard to use to measure proper aggregate demand. That's just a great way to continue the boom/bust cycle forever.




_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to joether)
Profile   Post #: 19
RE: "Promise Zones." - 1/13/2014 12:41:04 PM   
FellowSlave


Posts: 97
Joined: 11/23/2013
Status: offline
I give some credit to Obama administration. The "Promise zones" idea is a public confession the whole economy is structured wrong way and this is a problem.
Large scale changes are not possible because the government as a whole has lost connection to reality. Mihhail Gorbachev end of 1980-s entertained the same ideas for the Soviet Union (free trade zones). The same with China: they started with "special economic zones".
People are talking a lot about coming economic collapse. I think the US economy has collapsed already. The basic parameters prove it. Discussing market fundamentals makes no sense: it is centrally controlled system (through credit, favoritism, and direct government contracts). Stock market is disconnected from the physical economy, values are bogus. Most people still have relative economic comfort, but the economy does not support it without borrowing. The final blow will be gradual (or not so gradual) weakening of the dollar. So, any effort to ease the situation is welcome. After all the US has the highest business tax in the World [multinational corporations fused with the government are exempt].




(in reply to DesideriScuri)
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