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re: Populism is the only Thing That Will Save Capitalism

Posted on 11/27/23 at 1:16 pm to
Posted by moneyg
Member since Jun 2006
61926 posts
Posted on 11/27/23 at 1:16 pm to
quote:

They can't achieve it, or they can't achieve it after taking a gap year in Europe


Too much thinking in absolutes.

Obviously, all opportunity is not gone. And, in fact, there's still plenty of opportunity out there.

But, there's way too much pressure on the middle class right now. Inflation has made it very difficult. Interest rates rising has made home ownership a lot more difficult. These aren't good things. But, we have a government that is unwilling to control its spending to the benefit of those that pay said government actors off.
Posted by rmnldr
Member since Oct 2013
39839 posts
Posted on 11/27/23 at 1:18 pm to
You’re 100% correct

I know hard working men and women across all fields from their mid 20s to early 40s who simply cannot get ahead. They’re not working minimum wage jobs, they’re not spending money on luxuries, if they do vacations it’s a simple road trip with minimal expenses. People cannot get ahead right now and they can’t start families.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 11/27/23 at 1:18 pm to
quote:

All you have to freakin do is look at family income distribution and compare it to things like avg home mortgage and cost of an automobile


Covid and stimulus money.

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 11/27/23 at 1:23 pm to
quote:


But, there's way too much pressure on the middle class right now. Inflation has made it very difficult. Interest rates rising has made home ownership a lot more difficult. These aren't good thing


All easily preventable.



Populist policies make things more expensive, not less.
This post was edited on 11/27/23 at 1:25 pm
Posted by rmnldr
Member since Oct 2013
39839 posts
Posted on 11/27/23 at 1:25 pm to
I don’t see how they can vote for someone that won’t initiate a reckoning for what happened in 2020.
Posted by BlackAdam
Member since Jan 2016
7038 posts
Posted on 11/27/23 at 1:33 pm to
Dumb. The American dream is in reach to anyone who

Finishes high school
Doesn’t have kids out of wedlock
Doesn’t go to jail

Usually only 2 of the 3 will get you there.
Posted by Esquire
Chiraq
Member since Apr 2014
14386 posts
Posted on 11/27/23 at 1:35 pm to
quote:

JJJimmyJimJames
Posted by Flats
Member since Jul 2019
26888 posts
Posted on 11/27/23 at 1:38 pm to
quote:

bootstrap mythology


I think we all know where you're coming from now.
Posted by El Segundo Guy
1-866-DHS-2-ICE
Member since Aug 2014
11358 posts
Posted on 11/27/23 at 1:43 pm to
quote:

Dumb. The American dream is in reach to anyone who

Finishes high school
Doesn’t have kids out of wedlock
Doesn’t go to jail

Usually only 2 of the 3 will get you there.


Yep and I'm living proof. I don't have any piece of paper higher than a high school diploma. I spent over 20 years in the military. While in, I used my deployment money on starting 2 businesses (instead of an Escalade or dumb shite) and got fortunate on some real estate investments.

I worked my arse off as a 19K Tanker on an M1A2 Abrams and still had side hustles.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 11/27/23 at 1:46 pm to
quote:

I don’t see how they can vote for someone that won’t initiate a reckoning for what happened in 2020.


Its the most astounding thing I have witnessed politically.

Its right there in their faces. 2020 was horrible in most ways under Trumps watch.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 11/27/23 at 1:47 pm to
quote:

with your anecdotes and your bootstrap mythology


Were you born on third base?

Most of us werent. We earned our way out of poverty or working class backgrounds.
Posted by rmnldr
Member since Oct 2013
39839 posts
Posted on 11/27/23 at 1:53 pm to
I don’t think he’s necessarily arguing throughout history or even recent history of the past 8-20 years.

The past 3 years and the next 7 are going to get UGLY if something doesn’t change. The amount of illegals that have entered the country coupled with artificial scarcity of housing and wage increases that are being lapped times over by inflation are going to kill the future of our country. I don’t agree with the usage of “bootstrap mythology” considering the standard of living even for those in poverty in our country is so much higher than even the middle class of countries elsewhere around the world but the classic “American dream” furure vision is rapidly becoming unattainable by the youngest generations in our country.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 11/27/23 at 1:56 pm to
quote:

The past 3 years and the next 7 are going to get UGLY if something doesn’t change. The amount of illegals that have entered the country coupled with artificial scarcity of housing and wage increases that are being lapped times over by inflation are going to kill the future of our country. I don’t agree with the usage of “bootstrap mythology” considering the standard of living even for those in poverty in our country is so much higher than even the middle class of countries elsewhere around the world but the classic “American dream” furure vision is rapidly becoming unattainable by the youngest generations in our country.




The issue is the younger people are voting for more of the same stuff that got us here in the first place. its a death spiral.

"We have in effect undertaken to dispense with the forces which produced unforeseen results and to replace the impersonal and anonymous mechanism of the market by collective and ‘conscious’ direction of all social forces to deliberately chosen goals."
This post was edited on 11/27/23 at 1:59 pm
Posted by 4cubbies
Member since Sep 2008
58932 posts
Posted on 11/27/23 at 2:47 pm to
Funny that you posted that book. Have you ever read it? Hayek himself admits that society should protect the environment and socially vulnerable like widows and orphans.
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/27/23 at 3:09 pm to
Uncle Roger is killing in this thread.
Posted by 4cubbies
Member since Sep 2008
58932 posts
Posted on 11/27/23 at 3:40 pm to
quote:

Scale back regulations and the market will fix itself.


Lobbyists will never allow competition to increase.
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/27/23 at 3:41 pm to
quote:

Lobbyists will never allow competition to increase.

Only thing lobbyists have the power to do is lobby. You're blaming the wrong people.
Posted by Penrod
Member since Jan 2011
51967 posts
Posted on 11/27/23 at 3:42 pm to
quote:

By what standard do we measure our system? I propose that we measure it by the American Dream. What percentage of our people are able to achieve any semblance of the American dream under the current system?

The Answer is, not may. A minority. Even by the most modest of definitions, the American Dream is in reach of modest minority.

Most can't achieve everyone of the following:

Shelter in a safe neighborhood.

Healthy diet

A Modest nest egg for times of unemployment or distress.

Health insurance to avoid calamity due to illness

Ownership of Personal transportation and the means to pay for it.

Adequate savings to allow for retirement with no deterioration of living standard.


Ahh, I see you’ve added some things to the American Dream. Even then all of this is attainable by any able-bodied person who is not a retard.

Become a plumber, welder, carpenter. All of those are attainable, and all give everything you mention above.

I just built a house, and the guy the General Contractor uses to do the trim work lives across Lake Pontchartrain in Covington (Safe Neighborhood); he has wheels, looks very healthy, and I’d guess he has savings, but I can’t say for sure. How did he do it?

Well, he’s not very bright. I can tell you that. But he is a super nice man; he’s reliable; and he has a work ethic. He has achieved the American dream, in spite of not being bright enough to go to college. He chose a job that paid well, instead of one that gave him fulfillment or some other BS.

Everyone I know of who is able-bodied, has a work ethic, is not retarded, and chose a career that was in demand has achieved the American Dream.

Now, if you’re more interested in surfing social media and taking vacations then in working hard I’ll tell you what my Business Partner once told a guy who requested five weeks annual vacation: “We’re hiring workers, not vacationers.”
Posted by 4cubbies
Member since Sep 2008
58932 posts
Posted on 11/27/23 at 3:43 pm to
quote:

Only thing lobbyists have the power to do is lobby. You're blaming the wrong people.
politicians who have enslaved themselves to lobbyists will never allow this to happen.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 11/27/23 at 3:46 pm to
quote:

Esquire
whatever you linked - you are nothing whatsoever but a dumbazz - literally nothing but... as you just showed again

nothing but..

never have been

likely never will
This post was edited on 11/27/23 at 3:55 pm
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