BigBucnNole
Elite
- Joined
- Jan 15, 2021
- Messages
- 2,158
Not @rebarcock levels of drinking and opiods, but enough to make this thread...
Communism doesn't work because the initial cash injection required comes from the cannibalization of existing spending. Meaning the cash injection into output that produces all the pretty multipliers is offset immediately by a negative impact to the economy from taking that money out of circulation. Forces a greater reliance on loans and higher taxes to account for the cannibalization and ensuing knock-down effects.
Trumpists suck economically because they push for similar impacts by wanting to close borders and free trade. The key to a successful economy is always encouraging new spending versus replacement spending. Trumpists want replacement spending which takes money out of the economy and reinvests since no external sources exist for initial spending. Creating a similar situation to the commies where there is a negative economic impact offset by a positive one. If you cut off free trade, investment comes from either savings or existing spending rerouted. Both have dampening effects on economic growth. The best way forward is to force new money into yore economy which then creates jobs, labor income, GDP value add, and economic production.
The end.
Communism doesn't work because the initial cash injection required comes from the cannibalization of existing spending. Meaning the cash injection into output that produces all the pretty multipliers is offset immediately by a negative impact to the economy from taking that money out of circulation. Forces a greater reliance on loans and higher taxes to account for the cannibalization and ensuing knock-down effects.
Trumpists suck economically because they push for similar impacts by wanting to close borders and free trade. The key to a successful economy is always encouraging new spending versus replacement spending. Trumpists want replacement spending which takes money out of the economy and reinvests since no external sources exist for initial spending. Creating a similar situation to the commies where there is a negative economic impact offset by a positive one. If you cut off free trade, investment comes from either savings or existing spending rerouted. Both have dampening effects on economic growth. The best way forward is to force new money into yore economy which then creates jobs, labor income, GDP value add, and economic production.
The end.