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TopicI suddenly have an opinion on immigrants
Zeus
05/12/17 8:53:59 PM
#12:


Mead posted...
Zeus posted...
lol, no, universal healthcare is not the largest cause of unemployment and that's like paying $10 to save $5.


Looks at every other other developed country in the world

Yeah, gonna call Fake News on ya there


Which makes even less sense than claiming that healthcare causes unemployment which, by the way, is a Fox News argument.

ParanoidObsessive posted...
China's rising no matter what happens with the US, because of a number of inevitable social and economic factors.


In many regards, China is the world's largest ponzi scheme, a series of bubbles built on bubbles. So much of their economy is built on speculative trends which thus far haven't panned out, including massive investments in low-quality real estate that make our real estate bubble look tiny.

ParanoidObsessive posted...
In fact, a lot of the problems the US is facing right now are due to the global economy and factors entirely outside the control of any US President or Congress, and which there really isn't a "fix" for.

In a sense, the US has been benefiting from disproportional success for a number of reasons for decades now, and the check is starting to come due. The next few decades are going to involve a lot of downward slide for everyone no matter who is in charge or what decisions they make


Yes and no. We had a tremendous advantage coming out of WWII where much of the world's infrastructure was devastated which would have diminished naturally (although, technically speaking, you can hold an advantage like that by locking down the market) but we accelerated it through overpricing US labor and the removal of tariffs which led to the export of jobs. However, our greatest advantage has always been America's tremendous natural resources and a strong work ethic; the former still exists in spades while the latter has largely vanished.

In general, the US gets screwed on trade not only because we run a trade deficit with pretty much everybody -- although that's generally a sign of strength because we can afford to do so -- but also because many of their governments subsidize their companies and products, which is how China is able to effectively ship things for free. I'm sure all of us have bought things on ebay where the total cost is less than what's marked for shipping.

TheCyborgNinja posted...
Empires always collapse from within.


That's not actually true. Many empires have been conquered or fractured.

TheCyborgNinja posted...
I think a lack of reinvestment in itself will be its ultimate downfall


Infrastructure investments are somewhat overrated if you don't have the industry to support it. It's like building highways and bridges to nowhere.
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