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Author Topic: Why do people think Presidents and Congress can "fix" the economy? [Locked]
_Gimpzilla_  1 star
Posts: 116
Registered: 2000-3-12 20:20:37
Republicans want to "fix" it by bringing the pay levels and working conditions of China to America. I hope you peasants enjoy your future in sweatshops.

 

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Hyperimiator  3 stars
Title: Maximus Probus
Posts: 840
Registered: 2001-7-20 18:55:36
regulator_cracka posted:

Akza posted:

Lowest tax rates in ... ever while using cheaper labor from other countries equals record profits for large corporations.



Yep, that is what I was saying. Their profits have just skyrocketed and still more jobs leave. Jobs leave, incomes leaves. There is nothing Congress or a President can do that will change this if they are [not] creating new US jobs right now.



They are creating plenty of jobs, only over in Iraq and Afghanistan.

 

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Arc_DT  2 stars
Title: Mithan said I am smart
Posts: 363
Registered: 2002-5-28 08:25:51
They have direct control over fiscal policy.

They have direct control over trade policy.

They have indirect control over monetary policy.

HELL YES it's possible. Just because you've been brainwashed into thinking trade, fiscal, and monetary options don't exist doesn't mean that they couldn't have a significant effect on our economy. Lrn2macroeconomics.

 

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BritonGuy  4 stars
Title: Serious Business
Posts: 1,567
Registered: 2004-3-4 20:43:50
Because Obama proved they can ruin it.

 

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regulator_cracka  4 stars
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
Hyperimiator posted:

They are creating plenty of jobs, only over in Iraq and Afghanistan.



Sad truth is sad truth.

 

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