Is this lil’ zoomerino right?https://www.youtube.com/watch?v=W8Z3MfNpJpE
>>61432784In the 30s under hoover and FDR?We had the great depression due to statist/socialist policies.Is this zoomer high?Also taxes on the general public in the 50s were much lower. Effective taxation on the rich was roughly the same it is today.We had much lower levels of government intervention and spending in the 50s.That's why the post war boom happened.
>>61432784Also why do these brainwashed fucks blame billionaires for everything and not the policies that created the billionaires and inequality in the first place, central banking and government?
>>61432816it's a chicken and the egg problem, you can't rightfully blame one side when it's hard to tell who started it.
The problem is the west keeps looking only at itself for economic policyRetards talk about Reagan, or trickle down economics, without understanding the fundamentals problem is that America’s competitors do not play by the same rules America does. Being indifferent to human rights violations is impossible to compete with, and ends up with asymmetrical starvation of resources while feeding the enemy your own shit. The US is at least 30 years late in implementing tariffs on the Chinese to punish their insect-like behavior and it’s likely too late now.
>>61432784Also fuck you for showing me this guy exists.I hate how zoomers are getting radicalized to be retarded commies due to mass misinformation.
>>61432973If capitalists didn’t want two entire generations to support communism, maybe they shouldn’t have let assholes like Jack Welch gut the middle class and publicly traded companies sacrifice their future for this quarter’s report?
mutt government forced mutts at gunpoint to give up their gold KEKnorth korea tier
>>61432973>I hate how zoomers are getting radicalized to be retarded commies due to mass misinformation.this is what's called a correction in the marketplace of ideas. the thesis of "history has ended with talmudic neoliberalism which must be enforced with violence" meets its antithesis, eventually returning to a stable equilibrium of gold backed currencies and the elimination of debt based transnational finance
>>61433053>Jack WelchLiterally who?But you're partially right.Central banking has created more communists than Lenin.The collapse of the US dollar will cause so much poverty and violence.There's probably going to be a communist or fascist USA in my lifetime and its horribly depressing.Capitalism is being destroyed and government and its being blamed on capitalism rather than government.
>>61433084>neoliberalismSo you're a tool and fell for leftist propaganda?Neoliberalism isn't real.We live under central banking and statism.>eventually returning to a stable equilibrium of gold backed currencies and the elimination of debt based transnational financeI fucking hope.
>>61433104>Literally who?Fucking kek. Go back to Gumatapura and never post here again.
>>61432784We still had real money back then so yes it was better.
>>61433130neoliberalism is the same as globohomo, a phrase you undoubtedly used in every other post circa 2014.
>>61433132>GumatapuraLiterally what?>>61433141Leftists will never talk about that.They want the same horrible monetary policies of today in addition to the insane intervention policies of the great depression.Hundreds of millions of Americans will starve to death.
>>61433167No it was invented by leftists to smear reagan and thatcher.It's about economic policy and not social issues.It's also completely made up.
>>61433182nothing needs to be invented to smear ronald reaganstein. just look at all of his disastrous policies, like giving millions of illegals amnesty, delivering the killing blow to state mental hospitals, and kicking off disastrous free trade initiatives that began the slow and miserable death of the american middle class.
>>61433194Why do you people never recognize the most important thing is monetary policy?That's what raped us and nobody is talking about it.
>>61433246because it's not just monetary policy. the elimination of central banking doesn't magically insulate a country from the disastrous consequences of retarded policy elections. it doesn't prevent companies from seeking out disastrously lower wages with illegal immigration and outsourcing. it doesn't prevent a government from debasing its own currency even without the tools of modern economics.
>>61433289>it doesn't prevent companies from seeking out disastrously lower wagesOutsourcing in a country with a deflationary currency just raises real wages across the board as prices fall.Complaining that we don't need to manufacture as much anymore is like complaining that most people don't work on farms anymore.
>>61432809He’s talking about post-New Deal.There are of course many factors, but he wasn’t highlighting just the corporate tax rate but that the corporate taxation motivated businessholders to share profits more evenly compared to today where it’s a matter of sharing as little as possible.One reason China is advanced so fast is precisely that: the revenue is more distributed to factory workers vs the US.
>>61433130Neoliberalism is just a nickname for shareholder-dominated economies.
>>61433246Not everything was ideal for most of the history where muh gold was used. I’d argue it was more miserable and inequal.It did indeed impact the global economy more negative when the gold-backed money system was abolished but shiny rock boomers are overblowing the impact.
>>61433333Wasted get
just another clickbait and empty communist arguments
>>61433344That's ungodly retardedCorporate taxes are just a tax on wages.If you want to tax the rich, tax them directly, don't tax production.>One reason China is advanced so fast is precisely that: the revenue is more distributed to factory workers vs the US.That has absolutely nothing to do with chinas rise.Also you and he completely fucking ignore the elephant in the room, the money printing, the currency debasement.It's the main fucking problem>>61433369Untrue>>61433387>Not everything was ideal for most of the history where muh gold was used. I’d argue it was more miserable and inequal.We had real wage growth for decades.American workers were the richest in the world.Prices fell for decades instead of rose like they do now
>>61433333>deflationary currencyrarely existed even before modern economics.>Complaining that we don't need to manufacture as much anymore is like complaining that most people don't work on farms anymore.we should manufacture more in the USA. ending central banking does not eliminate outsourcing or seeking out lower wages. christ, we imported millions of nigger slaves to work for free when were on the gold/silver standard.
>>61433493>rarely existedUsa from after the civil war until 1913 had a deflationary currencyand had monumental growth with living standards increasing>we should manufacture more in the USA.We are going to have to when the dollar dies
>>61433543>nitwit keeps bumping thread with his nitwitted ideaspost portfolio or get off biz and back to flipping burgers
>>61433344Aren’t their wages still awful by comparison? I mean they’ve risen but that’s part of the reason why manufacturing is moving into countries like Vietnam and Bangladesh. Between rising labor costs and tariffs, most of what China has going for it now is just resources.
