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Economists: Stimulus didn't work

Steve

Well-known member
inflation comes in many forms... smaller cans of paint for the same price..

less in a bundle,.. all the costs of doing business have gone up.. except working profits...

seems the only ones doing well are Obama's wall street buddies..
 

hopalong

Well-known member
Steve said:
inflation comes in many forms... smaller cans of paint for the same price..

less in a bundle,.. all the costs of doing business have gone up.. except working profits...

seems the only ones doing well are Obama's wall street buddies..

Wait we were told right here on this forum by our noted jurist that the fatcat bankers were buddies of BUSH,

Who are we to believe, Steve orrrrrrrr
:wink: :wink: :wink:
 

hypocritexposer

Well-known member
hopalong said:
Steve said:
inflation comes in many forms... smaller cans of paint for the same price..

less in a bundle,.. all the costs of doing business have gone up.. except working profits...

seems the only ones doing well are Obama's wall street buddies..

Wait we were told right here on this forum by our noted jurist that the fatcat bankers were buddies of BUSH,

Who are we to believe, Steve orrrrrrrr
:wink: :wink: :wink:

obviously it is not an either/or question. The answer is both. The Government (Repub. and Dem.) has teamed with labour and capital/big business groups.

While giving the impression of the middle class having a seat at the table, it does not appear to be beneficial in any manner to the middle class in the past few years or anytime in the forseeable future. Probably just a coincidence, but we've seen this happen in the past.


Corporatism was originally a 19th-century doctrine which arose in reaction to the competition and class conflict of capitalist society. In opposition to the trend towards both mass suffrage and independent trade unionism, it promoted a form of functional representation - everyone would be organized into vocational or industrial associations integrated with the state through representation and administration.

The contention was that if these groups (especially capital and labour) could be imbued with a sense of mutual rights and obligations, such as presumably united the medieval estates, a stable order based on "organic unity" could be established. Although the notion of industrial parliaments was commonly raised in liberal democracies after WWI, the only states that explicitly adopted a corporative form of representation were the fascist regimes of Italy, Germany, Spain, Portugal, Vichy France and various South American dictatorships.

In all these cases, corporatist structures were primarily a decorative façade for authoritarian rule, state repression of independent trade unionism being the main motive and consequence. Given this experience, corporatist ideology has not been popular in Western liberal democratic societies, but by the 1970s it became increasingly common for social scientists to discern that certain political arrangements had developed within these frameworks, which in operative premise and institutional form bore some resemblance to the functional-representation notions of corporatism.

http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0001939

Coincidence? Some also think it is a Conspiracy Theory.

The common theme in conspiracy theories about a New World Order is that a powerful and secretive elite with a globalist agenda is conspiring to eventually rule the world through a totalitarian world government, which would replace sovereign nation-states and put an end to international power struggles. Significant occurrences in politics and finance are speculated to be orchestrated by an extremely influential cabal operating through many front organizations. Numerous historical and current events are seen as steps in an on-going plot to achieve world domination through secret political gatherings and decision-making processes.

http://en.wikipedia.org/wiki/New_World_Order_%28conspiracy_theory%29

When does a theory become proven?
 
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