right wing economics

[darkwader]

and the egregious errors they commit, either knowingly or coz they're under educated idiots. lol

and the same idiots call everything that isnt in their favor fake news.

https://ritholtz.com/2019/12/right-w...onomic-errors/

[the_real_Barleycorn]

Why bother reading drivel? Left wing economics is simple. Force everyone to play by the same self defeating rules. Can anyone name a pure socialist organization that ever bested a free capitalist organization?

[darkwader]

didnt expect anything less

[friendly fred]

Originally Posted by darkwader

and the egregious errors they commit, either knowingly or coz they're under educated idiots. lol

and the same idiots call everything that isnt in their favor fake news.

https://ritholtz.com/2019/12/right-w...onomic-errors/

Some fat guy criticizes the Wall Street Journal and you expect us to believe all right wingers lie about economics?

I don't think Wall Street is all about right wingers - plenty of people like Criag Hall, who bought his wife an Ambassadors position, are on Wall Street.

Half of the multimillionaires at Goldman Sachs are liberals, in my opinion.

[LexusLover]

Originally Posted by darkwader

didnt expect anything less

Most Loons, like you, have low expectations. It's their standard.

It's a bitch to be dependent on dwindling government support in a Capitalistic economic environment in which jobs are created so dependent loons can get off the government tit. Just ask Jack'Son!

[the_real_Barleycorn]

You always hear about someone escaping socialism but you rarely hear of a non criminal suspect escaping to socialism.

[LexusLover]

Originally Posted by the_real_Barleycorn

You always hear about someone escaping socialism but you rarely hear of a non criminal suspect escaping to socialism.

That's why we need the border walls to be completed ASAP!

The CommunistSocialistLiberals (like the OP) are enticing the illegal alien invaders with "free shit" so they can "qualify" them to vote for their "free shittism" and keep their lazy asses in office.....so they can support themselves with other people's money who have a right to live in this country.

As more minorities get good paying jobs here the "base" for the CommunistSocialistLiberals (like the OP) dwindles and they need to release prisoners and open the borders to get more "supporters" so they can keep on the TIT. It's a rather simple concept .... practiced back in their "HOMELANDS" ....

[eccielover]

Originally Posted by darkwader

and the egregious errors they commit, either knowingly or coz they're under educated idiots. lol

and the same idiots call everything that isnt in their favor fake news.

https://ritholtz.com/2019/12/right-w...onomic-errors/

I should have agreed with the author in one point early on.

For the record, I never did get to the fourth paragraph or beyond, so you’re on your own. Forewarned is forearmed.

I should have stopped after his first three points as well, but since I did read the whole thing, let us critique.

1. Three and part of a fourth point(out of the whopping 6) are all based on the same July 2019, with two plus of the points coming from essentially the same WSJ "opinion" piece.
2. On one of the points a correction was posted making his argument largely moot.
3. The point regarding the jobs market is simply all opinion, Using only raw job creation numbers doesn't show the whole story which is exactly what the author wants.
4. The point regarding Trump is laughable when he chooses toe posit that the number was 35% by using a misleading index 100 chart from the S&P. While Trump probably overstated the number somewhat at 60%, if you take the dow on Nov 8th at 18332 and the dow high within a month of that Aug 20th, which topped out around 27400, you have a solid 50% growth. I didn't look at the Nasdaq for that period, but the author was definitely trying to falsify his numbers more even than Trump.
5. And the number 6 point is also laughable. The author bitches about yet another reference to and "pile on" of the earlier item, and then goes on to say that yes pretty much every number Hilton used was true, but, but, Trump should not be afforded any credit for it.

The entire piece is nothing but another hit job using very very limited examples. this whole thing really amounted to a whole 3 incidents, and tries to portray it as being fully representative of the right.

I could cite far more hyperbole from the left over the last 3 years regarding the economy than this moron did in his 6 points.

[HoeHummer]

Originally Posted by the_real_Barleycorn

You always hear about someone escaping socialism but you rarely hear of a non criminal suspect escaping to socialism.

You do?

You don’t?

You sober?

[eccielover]

Originally Posted by the_real_Barleycorn

You always hear about someone escaping socialism but you rarely hear of a non criminal suspect escaping to socialism.

[oeb11]

Not even the site DPST's are so foolish as to leave for Venezuela.

Although many wish they would do so.

[SpeedRacerXXX]

Originally Posted by eccielover

Actually I have several friends who have left the U.S. after retiring and now live in places like Mexico, Portugal, Nicaragua, Costa Rica, Israel, and Canada. While none of these countries are totally socialistic, they are certainly more socialistic than the U.S.

There are no solid statistics as to the number of people who have moved from the U.S. but most estimates are in the 9 million range. Obviously there are many reasons why people decide to leave the U.S. But my friends who moved elsewhere did so due to the cost of living in the U.S.

[eccielover]

Originally Posted by SpeedRacerXXX

Actually I have several friends who have left the U.S. after retiring and now live in places like Mexico, Portugal, Nicaragua, Costa Rica, Israel, and Canada. While none of these countries are totally socialistic, they are certainly more socialistic than the U.S.

There are no solid statistics as to the number of people who have moved from the U.S. but most estimates are in the 9 million range. Obviously there are many reasons why people decide to leave the U.S. But my friends who moved elsewhere did so due to the cost of living in the U.S.

So obviously your friends took advantage of the great advantages and possibilities afforded them in the US through capitalism to take their capitalist accrued wealth to retire in nations where they wouldn't be subject to taxes as they are no longer earning income and leech of the socialist program afforded them in those nations.

Retiring in comfort in another nation leaning socialist is not at all like escaping capitalism for socialism.

But thanks for pointing out that many from the US do indeed take their US cash to where it will benefit them better in retirement.

[HedonistForever]

Originally Posted by darkwader

didnt expect anything less

I haven't been here long and this is the first post by you I have seen and I'm curious since you have not replied to any of the comments nor made any comments on the article itself. If you aren't here to debate and defend your ideas, what's the point of the post?

[LexusLover]

Originally Posted by SpeedRacerXXX

Actually I have several friends who have left the U.S. after retiring and now live in places like Mexico, Portugal, Nicaragua, Costa Rica, Israel, and Canada. While none of these countries are totally socialistic, they are certainly more socialistic than the U.S.

You are not trying to sell the "socialistic" advantages of those countries are you? Let's make it easy ... have you ever lived in Mexico? The lower cost of living is not based on government subsidies or programs. Most of those people living in Mexico, for instance, do so, because they get more "bang for their buck" than they have back home and they are living off the "local economy"!

Doesn't have a fucking thing to do with the "political" status ... because actually they have none!

You are probably not old enough or informed enough to recall the "Nationalization" of banks in Mexico .... the coastal properties and U.S. dollar accounts of U.S. citizens were confiscated ... by the government in the takeover .... as the Mexicans followed that move with an artificial devaluation of the Peso, which went from 12.5 per dollar to 150 per dollar overnight ... 2-3 days with U.S. dollar accounts frozen.

Guess what ... vote for one of the Loons if you like that tactic.