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the "new normal" in the US

Rollo Tamasi said:
I can remember the leading economists saying that medicare would go bankrupt by 1997.
That was during the Reagan administration.

P.S. What's with the new avatar?
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Im using what medicare.gov and ssi.gov say. not what a politician says.

adam Clarke who I read from a lot as a commentary was a Methodist. the flame and cross is the Methodist symbol. the flame represents the HOLY Spirit dancing around the Cross. its actually beautiful if you see that.
 
Michael74 said:
Military inflation is the #1 problem. Tank and plane inflation is in the stratosphere. The bank is removing purchasing power from the military budget. Military items are not tracked by the CPI.

State and local budgets are similarly being affected, as the bank confiscates purchasing power from their revenue. State and local pension plans are in a real situation.
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If we get rid of the reticulates Retirement Plan for the Professional Politicians and stop the Civilian Waste, the double triple and quadruple layers that sit there and draw their Federal Handouts we have no need not to have the biggest military in the world. There is no reason to pay Jimmy Carter, Bill Clinton, the Bushes nor any of the rest of them better than a quarter million a year, retirement, and hundreds of thousands a year spent on secret Service protection. And then, on top of that, every Senator that remains for a while draws a very flush retirement on top of all the theft they profit from while in office, supremely stupid. Our founding fathers set a government of the people, by the people and for the people into place and we allowed it to be perverted... we desrve to fall for being so stupid!
 
Certainly, better efficiency in spending can improve military preparedness.

However, consider that during WWII the US economy was so far ahead of the other nations that we produced as much GDP as all of the rest of the nations put together. Today we are #2 in GDP behind China, and we are still going backward. No amount of improved spending efficiency will get the job done if our economy keeps going backward.
 
Michael74 said:
Certainly, better efficiency in spending can improve military preparedness.

However, consider that during WWII the US economy was so far ahead of the other nations that we produced as much GDP as all of the rest of the nations put together. Today we are #2 in GDP behind China, and we are still going backward. No amount of improved spending efficiency will get the job done if our economy keeps going backward.
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so can you explain that well do we stop trade with china. force free market to stop that trade and come back to America where the dollar would be stronger . so they would just bring them here have all the cheap labor. kinda like Mexican labor. they will work hard under the table. that is a BIG concern if we do away with min wage laws

uhm no, we were in debt prior to ww2. we also had brittiania whom wasn't a weak nation. remember they fought with us in Europa. while , we did aid them. I understand what you are saying but well history lesson to be noted. we spent billions on these and well they are being phased out
1)m2 Bradley
2) hmmv.
3) the m1 series also well wasn't invulnerable to ieds. it also took hits and was leveled but it was the toughest to do that too. I throw this in as the next track will have to deal with that problem. simple ww2 anti tank mines did that tank in. three on top of each other or an arty piece.
 
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jasonc said:
...do we stop trade with china...
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That will accomplish nothing. We need to allow free market capitalism to once again make us #1.

...we also had brittiania...
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Britain was our ally in Iraq too.

...we spent billions on these and well they are being phased out...
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Yes, but WWII had its share of phased out hardware too. The difference was that we could just redesign a new unit to replace a less than stellar design. Today, the entire air force design budget goes into one plane, the F-35. One plane design is all our current economy can afford, and not even a first rate design process either.

A banana republic economy can only support a banana republic military. There is no getting around that.
 
Michael74 said:
That will accomplish nothing. We need to allow free market capitalism to once again make us #1.



Britain was our ally in Iraq too.

ah yes so we must dominate the world. the world has changed. we must accept that. since the 1960s' when we didn't have free trade how is that Germany's frank the brittish pound in comparison to the usd dollar. was stronger? both of those economies weren't on the euro. soldiers had to paid more

free market? really so are you going to work for 50 cents an hour in the us and the Chinese whose economy is at present still weaker will work for that? work ethic, we suck.


Yes, but WWII had its share of phased out hardware too. The difference was that we could just redesign a new unit to replace a less than stellar design. Today, the entire air force design budget goes into one plane, the F-35. One plane design is all our current economy can afford, and not even a first rate design process either.

A banana republic economy can only support a banana republic military. There is no getting around that.
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the brittish, not gm invented the chothbam armor that the m1 uses. isreal gave us reactive armor. the recoiless mortar.
besides what nation is a threat? china? I don't trust them but they aren't stupid. they like money, they wont attack us. weak nations they might, but japan isn't weak either. they are building there fleet. let them deal with china. they did before. they aren't like to be aggressive. we cant be the worlds police.

free market shall not be restricted so how can that idea work if the business want to sell to china? tariff? ban it? they must hire americans? oh that will work. if some one is willing to undercut the workers in wages should the government say NO?! I see another if we refuse to buy for foreign made products. but its again a complicated issue. jap cars sold in America are made in America. unlike American cars. bmw and Mercedes also do that. yet their profits go back to the home nation.
I just see changes from old 19th century values because the world changes. the internet has changed a lot.
 
jasonc said:
...weak nations they might...
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You mean our allies like the Philippines, South Korea, Taiwan, etc...?

We either have to get rid of our treaties of alliance with these people, or be prepared to defend them. You can't sign a treaty pledging to defend China's neighbors, and then ignore the treaty if they are attacked. That's dishonorable.
 
Michael74 said:
No, that's a straw man. Tariffs are useless.

Free market capitalism made the US #1 in d ays of yore. In the west, bank central planning of the economy has become the fashion, and the west has been going backward ever since.
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the constitution allows for that.

besides without any reason nor personal MORAL incentive to stay even without the tariff it will be cheaper to hire, build in third or fourth world nations. you have made my case.

the $$$ will always be the base of what is going to move America. not patriotism. if that was the case then all those companies would come back if we did that, but if the dollar goes stronger then the reverse also can apply they stay overseas. dollar buys MORE!

you cant ignore that.

here the history of tarrifs. the pros and cons. we paid of revolutionary war debt with tariffs!

I wish that idea would work but reality is that the average millionare/billionaire only cares about where he can get the greatest break. not American greatness. that is reality.if it wasn't then where I live I would have to fight mega power corp that is backed and owned by a few of those types that want to rape/dismantle the county seat and the town I grow up and they have neither care nor concern for the locals and how we see things. tear up the beach lots and build, build and old historical homes/edifice. so by logical extension I assume that is the case with the mega corps. left/right. either way the middle class is screwed.
 
Michael74 said:
You mean our allies like the Philippines, South Korea, Taiwan, etc...?

We either have to get rid of our treaties of alliance with these people, or be prepared to defend them. You can't sign a treaty pledging to defend China's neighbors, and then ignore the treaty if they are attacked. That's dishonorable.
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south korea. is able to defend herself. they when they are able will ask us to leave. its a matter of time.
we have one brigade of infantry in korea, and also one calvary division. korea attacks, that is but a speed bump. that is just for show. slow them down,(they all die or are to slow them down) we cant in three days just project power that fast. granted korea would likely be visibly moving troops but they have built tunnels that can by pass our speed bump. uhm ever heard of never fight a land war in asia? who said that? oh it was ike. wise man and the ONLY president in the last 60 years to balance and pay towards the national debt. he didn't want us in nam. he didn't want us in any wars, the dod wasn't weak then either but he was wise.

so we pay for their defenses in the mean time? like tawains? korea has well built there own. I believe that if they feel the need they can leave and ask so.
if china attacks any nation that is our ally they would also be kind hitting their own economy. so its not likely they are going to do that for some time. oddly they have contained. if we got involved again, I think it would be another nam.korea. land wars that involve civil wars are never wise to enter as a third party.

so I ask should we then pay for the defense of japan ? we have been doing that. we have pretty much withdrawn from the phillipines but then there is this.

http://www.nytimes.com/2014/04/28/w...es-agree-to-a-10-year-military-pact.html?_r=0
 
Michael74 said:
Why do you keep debating against the merits of tariffs? No one is promoting them.
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because if we don't have them. why do you possibly think jobs would come back if we lowered taxes, removed the min wage? I wouldn't. I would stay in mexico or what ever nation. cheaper labor and weaker dollar. the us dollar will buy more. I mentioned tariffs in that well how do you prevent someone doin what I say selling products to americans built in china that are owned by an American or not? that is what a tariff stops. so tell me how would you stop phillips the maker of leds and lights from staying in china or whatever nation woos them? and bring them back. sure it would help if we did that but not all well come back. I can argue against freebies for business. I have seen that locally. baseball gets those and well that worked out real well. piper aircraft got those and then a month later sold to a muslim sultan of brunei who doesn't have to pay taxes or much on utilities. as part of the deal to stay they have to keep some employed. that is where it is going to get greyish.
 
jasonc said:
...why do you possibly think jobs would come back if we lowered taxes, removed the min wage?
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I don't. None of that will get the job done.

I think we need to go back to the free market capitalism that made our nation #1. Bank central planning is working out little better than the old Soviet central planning did.
 
Michael74 said:
Exactly. Bring them home, or prepare to defend them.
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we cant ignore our allies. how many do you think we should keep there? one million? 100000. remember that is money we are giving to their economy. wooops we wanted to leave Germany and they asked us to stay over that. at one time we had in Germany at the time of the cold war peak several corps and divisions. needed but all those were still speed bumps compared to the much, much more massive army. the Fulda gap is where all that was centralized. the idea with that is too slow down not stop the advances. we cant station that large amount there. Germany and korea were diferrent armies and missions. stateside was always train and politics and shows. those duties in oconus were always mission driven. patrol the border, hide this piece here.
 
Michael74 said:
I don't.

I think we need to go back to the free market capitalism that made our nation #1. Bank central planning is working out little better than the old Soviet central planning did.
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again. see the history of what you tend to ignore. was there central planning in 1828? No. why did the tariff happen? oh because the uk was able UNDER bid American products. that is what im getting at. how can florida citrus which was the largest producer of that stuff in the 50s and before(most of my county sold citrus, pineapples and groves were so large then even went to the beach! yet its going to be undercut by brazil. but that death of local growers is a long and interesting but for another thread. taxation, nafta and such like didn't do that in only. canker and greening and so forth also took a hit.
 
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