What is the reason for our economic problems?

In many of our countries, wages are going down and more people are becoming unemployed.
Everyone agrees there is a serious problem, but no one can agree what exactly the causes are.
We cannot fully begin solving the problem until we know what the causes are.

Take the survey and share what you think. You can mark more than one answer.

 

1) Minority handouts
2) Jewish bankers

Did I miss something?

 

this is the number one issue "free trade agreements, outsourcing jobs"

 

How do you calculate that?

 

You should also add "consumer culture". Westerners have been brainwashed through TV to waste their money on crap.

 

I'm actually shocked, considering the OP's normal level of posting, that the "blacks and Jews" choice wasn't in the poll.

 

But you're not going to try to disprove it? Just dismiss it as "hate" or something.

 

There is plenty of wealth in the U.S. It's just that it gets taxed and handed out to parasites, conned by Jewish banks, and the bought out government actually bails out these con banks when their pyramid schemes collapse.

A sound government would lock them up indefinitely.

Furthermore the Fed, which is privately run by Jews with no audit, prints your money, as much as they want, and hands it out to their Jew banker buddies. How does that make you feel citizen?

 

Congress is just as much to blame. The Federal Reserve would never be able to print so much money if it were not for the government getting into so much debt. Half the bank notes (money) issued by the Federal Reserve are backed with USA Treasury debt. The government has already borrowed over 1 trillion dollars from the Federal Reserve bank. I wonder where all the interest on this debt goes?

 

Neo-liberalism created the current crisis. Try and solve it with Georgism!

 

Americans generally are poorly educated and their labor costs are uncompetitive. Thus, America has no economic advantages any longer.

 

There sure are plenty of unemployed American engineers and scientists. What type of jobs exactly do you think Americans need to be educated to do?

 

Anyone who points to outsourcing as a problem must also believe the millions of jobs outsourced to the United States are a problem. The number of jobs we get through outsourcing is higher than those we allegedly "lose."

 

Look at Silicon Valley in California as an example. There are plenty of jobs available for highly educated and highly skilled people. But a lot of those jobs can't be filled by Americans. They have been educated in American public schools. That means they don't have the background necessary to qualify for those jobs. So in order to fill the jobs the companies import Indians and Chinese who haven't been disabled by contact with American public schools. I know this because one of my sons runs audit teams for one of the Big Four auditing high tech companies in San Jose, Mountain View, Palo Alto, Campbell, Cupertino, Sunnyvale, Milpitas and Santa Clara.

 

There are plenty of underemployed computer programmers in the USA. Perhaps you are suggesting they all move to Silicon Valley?

 

Horsepucky.

First of all, what happens overseas is not outsourcing. They come here, remember? If it were outsourcing they wouldn't come and we would have the jobs.

Secondly, prove your assertion. Do you have a link or can you please quote the numbers?

 

I think those who say outsourcing is a significant factor should be first to demonstrate.

 

Standard corruption of zero sum game bobbins! Labour mobility generates economic opportunity.

Its basic economics. Outsourcing is essentially a means to achieve all available comparative advantage gains

 

0/10

Bad poll options skewed towards your anti-trade nonsense. Economic nationalism is a tired old hat, though thankfully someone was nice enough to demonstrate that at least some aspect of it is driven by discrimination.

 

China and Japan practice economic nationalism and their economy is taking over.

The U.S. is practicing "let's all hold hands and pretend nobody is concerned for their ethnic interests" and their economy is in the crapper and getting worse.

You are this: wrong.

And how is economic nationalism "anti-trade"? What a ridiculous strawman.

 

Taking over what? In either case you're just flat wrong. Japan and China are both in the top 5 in regards to international trade.

We don't get rich trading with ourselves and only hurt ourselves in attempts to do so.

 

Riiight. It had NOTHING to do with the disastrous effects of "Supply Side" economics, the bludgeoning of unions, the MASSIVE and ever-growing 'defense' budget or a gutted tax system that lets multinats dump risk on the people while keeping most of the profit.

No, it's none of that, it's the blacks and the Jews...

 

Japan and China practice economic nationalism. This is not mutually exclusive to trade. This is what you seem to not understand. They trade when it is in their benefit to do so. That is economic nationalism.

 

So can you name some of these multinats that dump risk on people while keeping most of the profit? Which are the worst? Why do we have such a massive defence budget? Nothing to do with Israel?

I'm not sure "supply side economics" is a major factor, nor the unions.

 

Obviously not enough to keep them out of the top 5...

Umm... that's what we all do, we wouldn't be willing to trade if there was nothing to be gained by us. There is, and always will be.

Nope, economic nationalism.

IOW, fanboys for bad policies.