Comments by "whyamimrpink78" (@whyamimrpink78) on "Jim Webb: The Democratic Party Has 'Moved Very Far To The Left'" video.
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"You can't blame the stagnation of the 1970's on regulations! That's just a GOP talking point that is not based on fact. "
There is a strong correlation there. Many of those regulations are not needed. Air quality and work related deaths were already dropping before that time. Also, the payroll tax has led to lower wages.
" In fact, studies show that regulations cause job growth. "
Eh, not really. You can say that in terms of government jobs, maybe. But like I said, the strongest economies get the most out of their resources. Creating meaningless jobs does not create economic growth. Jobs are easy to create, wealth isn't. For example, we can create tons of jobs by outlawing tractors, is that necessary? In New Jersey they created jobs by making it a law that drivers could not pump their own gas. Jobs are easy to create and job growth is not a sign of a strong economy.
"Nothing in life, or economics is ever that simple"
I agree, but you are making it seem like it is.
"I think you desperately need to take some history & economics courses and quit watching Fox news."
I don't watch Fox News, I really don't see Fox News relates to this conversation.
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" Denying the gilded age and great depression"
The depression was caused by massive federal government spending, not the free market. The free market has led to fast recoveries.
" there is no correlation in aggregate, and claiming it entering the
federal level in the 70s is somehow a catalyst for economic decline is
absurd. "
It is not absurd. The two times where we saw the federal government grow the most were in the 30s which created a depression and in the mid 60s to 70s that is creating the problems we have now. The latter was slowed down because we were so far ahead to begin with compared to the rest of the world, ,and the .com boom helped as well But the problems we are seeing now is the result of federal government expansion.
"the "economy" has grown upward non-stop, and the corporate bottom lines are higher than ever,"
And....?
"but the corporations are victims of government? "
I never said that. We have corporatism now which is the result of big federal government.
"and arguably the only policies we have in place for the public interest "
Such as.......?
"And they sure as hell barely effects the CEOs and companies bottom lines, they continue to grow year after year in aggregate"
So now growth is bad? Do you want a stagnate economy? I really don't see how this is a problem by the way you are presenting it.
" they receive more subsidies and kickbacks than any other segments of society, "
Which is the result of Keynesian economics, not the free market.
" They actively automate"
And that is bad how?
" Full employment is a mathematical impossibility "
Because we have people who refuse to work.
"And you're arguing giving the corporations more opportunity to make more money"
Never argued that. Plus, I still don't see how that is bad.
"Look at who owns 80% of stocks right now, 5% of the populace"
So.
" look at the undoing of banking regulations and protections"
Like the bailouts?
"corporations do not only have no inherent motive to benefit society,"
Not true. If they don't provide a good service no one will give them money. If they are not a good place to work for no one will work for them. All a corporation can do is offer you a job and/or a product.
"It's a utopic fantasy to believe giving corporations more power"
They don't have power, only government does.
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