American Economics Thread

Equation

Lieutenant General
Looks like Trump is doing well on the jobs front, and it must hurt for CNN to admit that. We'll see if he could keep it up.

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13z0v3.jpg
 

delft

Brigadier
Harold Wilson, then prime minister of UK, said half a century ago: "A week is a long time in politics". For an economist ten years is a very long time. At last I have completed reading "The Invisible Hand? - How market economies have emerged and declined since AD 500" by Bas van Bavel, professor of Transitions of Economy and Society at Utrecht University in the Netherlands. He shows in considerable detail the development of free market economies with initially very good growth rates, the development of market elites who corrupt the markets when the growth rates decline and their capture of political power to protect their position in Iraq in the early Middle Ages, in North and Middle Italy in the high Middle Ages and in the Low Countries ( about Belgium and the Netherlands ) in the late Middle Ages and the early modern period. He then shows comparable developments in UK in the 18th and 19th century, in US in the 19th and 20th century and in North West Europe in the last seventy years.
I hope it will be exported to China in considerable numbers.:)
ISBN 978-0-19-960813-3
 

Blackstone

Brigadier
Obamacare reform fails;

Establishment Elites: 1
Donald J. Trump: 0
Biggest loser: the American public

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"Obamacare is the law of the land," Ryan says
"We're going to be living with Obamacare for the foreseeable future," Paul Ryan says.


There is no Plan B for the Republicans after the health care bill failed today.

"I think we were doing the architects of Obamacare a favor" with this bill, Ryan said, adding that the Affordable Care Act is on the brink of failure.

"I am sure they may be pleased right now," he said. "But when they see how bad this thing gets..."
 

Bernard

Junior Member
My prediction... Trump will be in denial how he's not the greatest negotiator the world has ever seen.

All the backlash from the liberal over how bad Trump care was. But OCare is still alive and FAILING. So Republicans will just say we tried and hope blame stays with Obama and the democrats.

I just think trump doesn't think politically longterm. And so arrogant.
 

AssassinsMace

Lieutenant General
I love Trump's logic. He's blaming the Democrats for why Trumpcare failed yet the Republicans are the majority of both houses. He's inept at negotiating with his own party so it's the Democrat's fault because they didn't vote for his plan.
 

Bernard

Junior Member
Republicans know Ocare was a major reason democrats sunk? And don't want to go down the same road. I wish there was a capitalistic free market health care plan, that was good for everyone. But Healthcare is so complicated with humans and this economy. Lot's of college kids getting out of parental umbrella with huge debt, chronic diseases, cancer and other diseases, those all cost so much money and the need for healthcare companies to run capable of profit. There really is no answer.

If you think the American government is capable of a gov't run single payer health care HAHAHA! Look at most government run things. Terrible


Back to economics as a person with libertarian views government sucks. $20 Trillion in debt wow.
 

Yvrch

Junior Member
Registered Member
What's the point of having a government at all when the truly weak and sick have to fend for themselves?
 
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