Oh, NOW the media sees the booming economy

[Xavier_Onassis]

One that provides BOTH sides of a story, OBJECTIVELY reports BOTH the good and bad events happening, and allows the viewer to make up their own mind
=====================================================================
I don't see where you have had any trouble making up your own mind.

I haven't had any trouble at all, either.

This "biased media" crap is old and tired. There are plenty of opinions and plenty of events reported for anyone wiht even half a brain to decide what the real facts are and evaluate them.

Reporting is often incomplete, not because of a bias, but because the media companies just don't want to spend a few more bucks telling us what is really going on in p[laces like the Sudan, Burma, or Nicaragua.

[sirs]

One that provides BOTH sides of a story, OBJECTIVELY reports BOTH the good and bad events happening, and allows the viewer to make up their own mind
=====================================================================
I don't see where you have had any trouble making up your own mind.  I haven't had any trouble at all, either.  This "biased media" crap is old and tired. There are plenty of opinions and plenty of events reported for anyone wiht even half a brain to decide what the real facts are and evaluate them.

<----------------------------------------------------------------------------------------------------



whooooooooosh

[Xavier_Onassis]

Now that proves you are right, doesn't it?

Is this one picture worth 1000 words, or does it count for 2,000?

[Plane]

"Investing in retailing Chinese products also does not serve to make the economy grow."



What?

Should I sell my retail stocks because they are not really part of the US economy?

Do yuou just hate furreners or what?
===============================================================
I did not say that retail was not part of the US economy. I said that investing in Wal*Mart or some other retail purveyor of Chinese or other imported goods will not cause the economy of the US to grow.

If Wal*Mart were selling US-made products, then US workers would get paid for making these goods and if more of such goods were sold, the US company would nuild a bigger factory and more US jobs would be created. There is a multiplier effect at work here.

If, on the other hand, the goods sold are made in China, the multiplier benefits the CHINESE economy and not the US economy.

I am not against foreigners. I am merely stating that for the supposedly miracle-working US tax cuts to benefit the US economy, it is far better if the money spent goes to US workers.

If the government spends the money, it also has a multipler efect in the US. If the US government uses the money to pay the salary of someone to repair, test or schlep weapons about the Warner-Robbins AF Base, then you will spend your money mostly in the US and the US economy will benefit more than after the tax cut, when you are fired in a cost-cutting move and the tax savings go to say, Richard Mellon Scaife, who then invests in say, a factory in China.

For the US economy to benefit from the tax cut, the money must create more jobs than it loses as a result in cuts in government programs. You are more a part of the US economy that a guy who makes schlock in China to be sold in Wal*Mart. If the tax money is paid to you, then the US economy will benefit more than if it is sent to China to buy scholck. Even well-made schlock.

This is pretty complicated, and I doubt that RR or Rush or even O'Reilly actually has the statistics to prove that Juniortbush's tax cuts actually caused the current rise in the Stock Market.

And again, a rise in the stock market does not benefit even most Americans, though I have done pretty okay as a result.

 

The Chineese economy is leaping forward on our dime.

Eventually they will support a standard of liveing simular to ours , and they will be buying a lot of our grain.

How elese should it work?

If Georgia quit buying the Cheese of Wyoming it might help Georgian dairys , but only somewhat less than it would hurt Georgian Cheese eaters.


I am paid by the tax you pay , but I have here a 10% off coupon for any drygoods I buy at Wall Mart, why not get the best bang for the buck I can?

[Xavier_Onassis]

The argument is not whether you should or should not shop at Wal*Mart. The argument was originally about whether Juniorbush's tax cuts are responsible for the current boost in the stock market. I say that far more than the tax cuts, Wall Street has surged recently because the fear of the supposed Terrorist Jihadists is no longer giving the heebie-jeebies to even the most nervous of Nellies on the Street.

I say the tax cuts have very little to do with the current boom on Wall Street. About half of my investments are in other countries and they are mostly outperforming the domestic ones. Bush's tax cuts can have had no real effect on Brazil or the Czech Republic.
 
China will never manage to have a standard of living as great as the US. They may live as comfortably on their own terms (that is to say, really crowded, and travelling far less) as we do now, but there are not sufficient resources for this.

They produce manufactured goods, we ship them raw materials and agricultural supplies. That sort of makes us their colony, doesn't it?

I don't think Wyoming produces much cheese. Wisconsin outproduces Georgia and Wyoming together.

I shop at the Wal*Mart from time to time, because they sell some things that aren't available at even double the price in other places.

But the argument here was over the supposed benefits of Juniorbush's tax cuts.

[Amianthus]

Bush's tax cuts can have had no real effect on Brazil or the Czech Republic.

Sure they can.

[Xavier_Onassis]

>>>>>Oh Great Wizardly One,  <<<<<<<<<<<<
Why don't you explain how Juniorbush's tax cuts have caused businesses in Brazil and the Czech Republic to prosper.

[Amianthus]

Why don't you explain how Juniorbush's tax cuts have caused businesses in Brazil and the Czech Republic to prosper.

Well, gee, it's obvious.

[Xavier_Onassis]

What would  seem most obvious is that you have no answer.

[Amianthus]

What would  seem most obvious is that you have no answer.

Sure I do. I connected the dots and came to the obvious answer.

Isn't that the way we debate around here? After all, I don't seem to remember you providing many sources for your "pronouncements from on high" - even when asked.

Though, in this case, I would think you would see a link between increased US consumption and exports from other countries.

[Plane]

The argument is not whether you should or should not shop at Wal*Mart. The argument was originally about whether Juniorbush's tax cuts are responsible for the current boost in the stock market. I say that far more than the tax cuts, Wall Street has surged recently because the fear of the supposed Terrorist Jihadists is no longer giving the heebie-jeebies to even the most nervous of Nellies on the Street.

I say the tax cuts have very little to do with the current boom on Wall Street. About half of my investments are in other countries and they are mostly outperforming the domestic ones. Bush's tax cuts can have had no real effect on Brazil or the Czech Republic.
 
China will never manage to have a standard of living as great as the US. They may live as comfortably on their own terms (that is to say, really crowded, and travelling far less) as we do now, but there are not sufficient resources for this.

They produce manufactured goods, we ship them raw materials and agricultural supplies. That sort of makes us their colony, doesn't it?

I don't think Wyoming produces much cheese. Wisconsin outproduces Georgia and Wyoming together.

I shop at the Wal*Mart from time to time, because they sell some things that aren't available at even double the price in other places.

But the argument here was over the supposed benefits of Juniorbush's tax cuts.

Well I got my W states confused there didn't I?

I don't see you disproveing the principal involved tho.
There is such a thing as Gerogian Cheese , but would it help Georgia to stop Wisconson Cheese at the border of Tennesee?

I do not think it would , nor would Wisconson cheese producers or Gerogian Cheese eaters think it was fair.

If China continues to improve its productivity our standard of liveing will not be defended by protectionist policys that attempt top save our jobs by robbing them from China.

[Xavier_Onassis]

If China continues to improve its productivity our standard of liveing will not be defended by protectionist policys that attempt top save our jobs by robbing them from China.

============================================
China can produce Microsoft XP disks for about 50 cents, at a profit.

Music CDs can be made for the same price or less.

Is the US "robbing" China by prohibiting them from being sold here?

There are hundreds of models of cars made in India, China, Indonesia that are banned from the US because they lack safety devices like seatbelts, airbags and adequate bumpers. Others are banned becaue they pollute too much. And they sell for thousands less than the cars we do allow in? 

Shouldn't we allow the consumer to decide if he would perfer a cheap, polluting, unsafe car? Who is the government to "rob" this option from the marketplace?

I have nothing against cheese from anywhere made in the US.
I think I would prefer cheese that was safe to eat, though.