Kamunism

[HellToupee 1,583]

#Kamunism

Kamala Harris can’t even fathom basic economics

By 

 Published Aug. 16, 2024, 5:22 p.m. ET

Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation.

Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden and Harris, fueled by a $5 trillion spending binge paid for by debt and printing money.

The centerpiece of the Harris plan is the imposition of federal price controls on “greedy corporations” she says are “price gouging” consumers. Landlords would be prohibited from raising rents more than 5% a year. 

Even the Washington Post has trashed the plan, advising Kamala that “when your opponent calls you a ‘communist,’ maybe don’t propose price controls.”

Code red

Kamala Harris’ plan for American-style communism is a $1.7 trillion giveaway, when our budget deficit this year is $1.9 trillion, and our national debt is already $35 trillion. We rate some of the proposals on a scale of 1-5 hammer and sickles:

PRICE CONTROLS
Pitch: A “first-ever” federal ban on “price gouging.”

What’s wrong with it: What’s gouging? What’s excessive? It does not say, and price controls invariable backfire as demand increases for limited goods.

Cost: Black markets, hoarding, less competition . . . and higher inflation

Rating:

☭☭☭☭☭

CHILD TAX CREDIT

Pitch: Restore the COVID-era child tax credit of $3,600, but raise it even more to $6,000 for the first year of a child’s life.

What’s wrong with it: It all comes at a massive cost, which is why it wasn’t renewed when the pandemic was over. The credit also disincentivized work, and helped fuel inflation as parents spent more on child care.

Cost: $1.2 trillion

Rating:

☭☭☭

HOUSING GIVEAWAY

Thesis: Up to $25,000 in down-payment assistance for first-time homebuyers.

Critique: Will likely spur even more inflation. With the government chipping in money to help buy a home, home prices will go up.

Cost: $100 billion

Rating

☭☭☭☭

BUILDER TAX BREAKS

Thesis: A $40 billion “innovation fund” to get cities to build more housing.

Critique: Harris again does not trust the market to operate as it always has — demand for homes will spur more construction. Instead she wants to give companies tax breaks, which likely won’t result in affordable housing.

Cost: $100 billion

Rating:

☭☭

Are grocery stores and 7-Elevens and Walmart guilty of price gouging? No. It turns out, as Heritage Foundation economist E.J. Antoni points out, producer prices have risen by 19.5%, which is almost exactly the same pace as consumer prices. In other words, to stay afloat, businesses are simply passing on their higher costs to consumers. 

The San Francisco Fed found the exact same thing a few months ago: “Aggregate markup across all sectors of the economy . . . has stayed essentially flat during the post-pandemic recovery.”

Vice President Kamala Harris speaks during the American Federation of Teachers’ 88th national convention on July 25, 2024 in Houston. AP

Kamala Harris doesn’t understand that companies must raise their prices to cover their rising costs in order to stay in business. That’s because her administration can run $2 trillion deficits from now until the cows come home. 

That’s reflected in the “economic plan” she’s announcing Friday, which includes no blueprint for growth or prosperity. Instead it just makes the government bigger, with the restoration of a child tax credit of $3,600 a kid, and a new proposal to raise that to $6,000 for the first year of a child’s life.

The Tax Policy Center found the cost of the COVID-era child-tax credit was $125.5 billion. Expanding it would cost even more. 

How would we pay for that? Who knows? For her, it’s just spend, spend, spend. Inflation would continue to climb.

Man viewing receipts in supermarket. Shutterstock / Denys Kurbatov

Those of a certain age will recall that back in 1971 when prices were similarly spiraling out of control, Richard Nixon announced an executive order to stop inflation. “I am today ordering a freeze on all prices and wages throughout the United States.” This unconstitutional move established a 90-day freeze was enforced by a “Pay Board” and a “Price Commission.” It was an utter failure. After the 90 days were up, inflation got worse. 

Price controls have never worked anywhere, at any time. Instead, they almost invariably cause shortages, which lead to higher prices, which make consumers worse off. 

This was the conclusion of a landmark study by Cliff Winston of the Brookings Institution. He found that in industries as wide-ranging as oil and gas, banking, trucking and airlines, it was the cessation of price controls and the return to the free market that led to on average a 30% reduction in prices thanks to the power of free market competition.

The energy crisis of the 1970s ended when Ronald Reagan, on the first day of his presidency, lifted all oil and gas price controls, which had only benefited the Saudis and killed domestic production. It was a teachable moment for the country. 

I used to teach a course in economics to college freshmen. If they had written on their final exam that price controls were the solution to inflation, they would have failed the course.

Congratulations, Kamala Harris: you get an F in economics. 

Stephen Moore is co-founder of Unleash Prosperity. He also serves as a visiting fellow in economics at the Heritage Foundation.

[HellToupee 1,583]

 

 

 

 

 

 

 

Greg Price

 

@greg_price11

 

 

Here's your summary of Kamala's speech on the economy: 1) "Our country has come a long way since Biden and I took office" 2) "The price of food is up 50% today than it was four years ago." 3) "Home ownership is out of reach for far too many American families." 4) "I will chart a new way forward." Everything sucks and is too expensive but you should vote for me anyway.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3:33 PM · Aug 16, 2024

·

752.7K

Views

[HellToupee 1,583]

#kamunism trending #1

[HellToupee 1,583]

The WaPo editorial board getting a little sour on Harris

Opinion The times demand serious economic ideas. Harris supplies gimmicks.

Editorial BoardAugust 16, 2024 at 6:28 p.m. EDT

 

Vice President Kamala Harris appears at a campaign event at the Georgia State Convocation Center in Atlanta on July 30. (Demetrius Freeman/The Washington Post)

Vice President Kamala Harris’s speech Friday was an opportunity to get specific with voters about how a Harris presidency would manage an economy that many feel is not working well for them. Unfortunately, instead of delivering a substantial plan, she squandered the moment on populist gimmicks.

Americans are clearly still anxious and angry about the high cost of groceries, housing and even $5.29 Big Macs. While the inflation rate has cooled substantially since the 2022 peak, an ostensible Biden-Harris administration accomplishment, prices remain elevated relative to the Trump years. So it’s a real political issue for Ms. Harris. One way to handle it might be to level with voters, telling them that inflation spiked in 2021 mainly because the pandemic snarled supply chains, and that the Federal Reserve’s policies, which the Biden-Harris administration supported, are working to slow it. The vice president instead opted for a less forthright route: Blaming big business. She vowed to go after “price gouging” by grocery stores, landlords, pharmaceutical companies and other supposed corporate perpetrators by having the Federal Trade Commission enforce a vaguelydefined “federal ban on price gouging.”

Follow the Editorial Board

 

[HellToupee 1,583]

Opinion When your opponent calls you ‘communist,’ maybe don’t propose price controls?

Catherine RampellAugust 15, 2024 at 6:42 p.m. EDT

“Price gouging” is the focus of Vice President Kamala Harris’s economic agenda, her presidential campaign says. She’ll crack down on “excessive prices” and “excessive corporate profits,” particularly for groceries.

So what level counts as “excessive,” you might ask? TBD, but Harris will ban it.

That’s the thing about price gouging: As has been said of hardcore pornography, you know it when you see it.

https://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/

[Dizkneelande 1,085]

 

[Hardcore troubadour 14,913]

Imagine voting for Kamala and thinking you are fulfilling your obligation as an American man? You’re no different than those euro weenies that let their countries be overrun with savages that rape their daughters. 

[The Real timschochet 6,397]

She seems to understand the free market, when it comes to trade, far better than her opponent. 
 

As for the rest of it damn you guys are silly. 

[bostonlager 2,664]

Does anyone expect good ideas when you send a woman to do a man’s job?

[The Real timschochet 6,397]

Also per Frank Luntz: trying to label Kamala a Communist over her plan to stop price gouging is a complete political disaster for Trump. It’s just going to lose him votes: 

https://www.cnn.com/2024/08/16/politics/video/donald-trump-communist-claims-kamala-harris-luntz-digvid-lead

[The Real timschochet 6,397]

2 minutes ago, bostonlager said:

Does anyone expect good ideas when you send a woman to do a man’s job?

This argument will no doubt do as well with voters as the Communist one. Well done! 

[bostonlager 2,664]

2 minutes ago, The Real timschochet said:

This argument will no doubt do as well with voters as the Communist one. Well done! 

Oh vey!!!! Thank you 

[Hardcore troubadour 14,913]

“The political polling profession is done”- Frank Luntz , 2020

[Patented Phil 1,469]

10 minutes ago, The Real timschochet said:

Also per Frank Luntz: trying to label Kamala a Communist over her plan to stop price gouging is a complete political disaster for Trump. It’s just going to lose him votes: 

https://www.cnn.com/2024/08/16/politics/video/donald-trump-communist-claims-kamala-harris-luntz-digvid-lead

Trump needs to stop calling her stupid and tossing out other personal insults.  But he’s absolutely on point calling her and Walz’ price control plan Communist.  Because that’s exactly what it is.

She blew it bigtime.  All she had to do was stay the course, dodge the Press, smile and cackle and spread joy.  We have two candidates who can’t stay out of their own way.

[The Real timschochet 6,397]

3 minutes ago, bostonlager said:

Oh vey!!!! Thank you 

Ah you’re in the @Cdub100 club, right? 

[bostonlager 2,664]

Just now, The Real timschochet said:

Ah you’re in the @Cdub100 club, right? 

Cdub seems like a decent guy, but way too liberal for my liking, Mike. 

[Patented Phil 1,469]

11 minutes ago, The Real timschochet said:

Also per Frank Luntz: trying to label Kamala a Communist over her plan to stop price gouging is a complete political disaster for Trump. It’s just going to lose him votes: 

https://www.cnn.com/2024/08/16/politics/video/donald-trump-communist-claims-kamala-harris-luntz-digvid-lead

I just watched Luntz.  I’m a fan of his, but I think he’s missing this one.  I get what he is saying in general - Trump needs to stop the name calling and focus on the issues.  Honestly, I don’t think he’s capable of it, which is ultimately his undoing.

Luntz’s argument is that Americans are concerned with inflation, and therefore Harris’s plan to deal with rising cost on food items in and of itself is going to resonate. That’s nonsense. It may resonate with low info voters, but really anyone with high school education knows that price controls have destroyed countless economies in the last hundred years, most recently Venezuela. I could be wrong on this, but I think Kamala and Luntz underestimate the American voter.  We’ll see.

 

[thegeneral 2,889]

Chid tax credit seems like a good investment.

Price gouging needs a lot of work.

Builder tax credits, sure. Good to encourage building.

Price controls - would rather see taxing the corporations more effectively. These shithead CEO types making 1000 times their staff or whatever is also absurd but I guess they are worth it.

[Patented Phil 1,469]

Gallup poll from 2021:

Socialism, Capitalism Ratings in U.S. Unchanged

BY JEFFREY M. JONES

 

STORY HIGHLIGHTS

• Capitalism viewed positively by 60%; socialism, by 38%
• Positive image of big business down six points to 46%
• Democrats continue to view socialism more positively than capitalism

WASHINGTON, D.C. -- Americans remain much more positive toward capitalism than socialism, and their ratings of each have been largely stable over the past decade-plus.

Line graph. Americans' positive ratings of capitalism and socialism. Sixty percent of U.S. adults in 2021 have a positive image of capitalism, and 38% have a positive image of socialism. These ratings have been stable over time.

These results are based on an Oct. 1-19 Gallup survey. Since 2010, Gallup has measured Americans' basic opinions of several economic or governmental terms, including capitalism and socialism. Their views of socialism have held steady, even as Sen. Bernie Sanders and progressive Democratic politicians have pursued an expanded government role in addressing healthcare, poverty and early childhood education -- policies their critics describe as moving the U.S. toward socialism. Likewise, Americans' opinions of capitalism have not varied, even with greater discussion of income inequality in the U.S. and the concentration of U.S. wealth in a small percentage of people.

Socialism ties with "the federal government" as the lowest rated of the six terms included in the 2021 survey. In contrast, Americans are most positive toward small business and free enterprise, while they are slightly more negative than positive toward big business.

Americans' Positive and Negative Ratings of Economic and Governmental Terms

Just off the top of your head, would you say you have a positive or negative image of each of the following. How about -- [RANDOM ORDER]?

	Positive	Negative
	%	%
"No opinion" percentages not shown
GALLUP, OCT. 1-19, 2021
Small business	97	3
Free enterprise	84	13
Capitalism	60	38
Big business	46	53
Socialism	38	59
The federal government	38	62

Ratings of Big Business Dip

Gallup has assessed Americans' opinions of these terms on six occasions since 2010. Their opinions on each have not moved much, apart from a significant decline in positive ratings of the federal government over time, from as high as 51% in 2012 to 38% in both the 2019 and 2021 surveys.

This year's survey did show a modest decline in positive ratings of big business, from 52% to 46%, which mirrors declines in confidence in the institution of big business and in satisfaction with the size and influence of major corporations.

Line graph. Americans' positive ratings of economic and governmental terms. Ninety-seven percent of U.S. adults have a positive image of small business and 84% have a positive image of free enterprise. Meanwhile, 46% have a positive image of big business and 38% have a positive image of the federal government. Opinions of small business and free enterprise have been stable over time, while ratings of big business and the federal government are less positive today than in past years.

Just as Republicans are responsible for the overall decreases in public confidence in big business and satisfaction with corporate influence, shifting Republican views account for the less-positive perceptions of big business. Currently, 56% of Republicans and Republican-leaning independents, down from 72% in 2019, have a positive opinion of big business. Democrats' and Democratic leaners' views are stable, at 36%.

Line graph. Positive images of big business by political party. Fifty-six percent of Republicans and Republican-leaning independents have a positive opinion of big business in 2021. In most years, about 60% of Republicans have had a positive view, except for 2012, when 75% did, and 72% in 2019. Democrats and Democratic leaners have consistently been less positive toward big business than Republicans are, with the latter's percentages slightly above 40% between 2010 and 2016 and slightly below 40% since then, including 36% in the current survey.

Republicans' dimmed views of big business coincide with a period when many Republican leaders and media personalities have publicly criticized large corporations for activism on social issues like racial justice, diversity and inclusion, and climate change. Many Republicans have also spoken out against large technology companies like Twitter and Facebook because they believe those companies are censoring conservative viewpoints.

Even so, Republicans still view big business positively overall, and more positively than Democrats do.

Republicans, Democrats Diverge on Opinions of Capitalism and Socialism

Majorities of Republicans and Democrats have positive opinions of capitalism, but Republicans rate it higher. Whereas roughly seven in 10 Republicans and Republican leaners have viewed capitalism positively since 2010, about half of Democrats have done so. This year, 72% of Republicans and 52% of Democrats have a positive image of capitalism.

Line graph. In 2021, 72% of Republicans and Republican-leaning independents have a positive view of capitalism and 52% of Democrats and Democratic-leaning independents do, generally similar to their ratings since 2010.

The two partisan groups' opinions of socialism diverge even more, with 14% of Republicans and 65% of Democrats saying they have a positive image of it. Democrats' opinions of socialism have gotten slightly more positive over the years, moving from 53% in 2010 and 2012 to over 60% in the past two surveys. Republicans have become slightly less positive toward socialism than they were in the initial surveys.

Line graph. Positive ratings of socialism by political party. Sixty-five percent of Democrats and Democratic-leaning independents in 2021 have a positive view of socialism, compared with 14% of Republicans.

Since 2018, Democrats have rated socialism more positively than they have rated capitalism. Before that, they held similar views of the two economic systems.

Bottom Line

Americans' opinions of capitalism have generally been stable over the past decade, with around six in 10 having a positive view of capitalism and slightly fewer than four in 10 having a positive view of socialism. Democrats view both economic systems favorably, but have become more positive toward socialism than capitalism.

Recent Gallup research found that Americans, particularly Democrats, are most likely to think of socialism in terms of equality and government provision of benefits and services. When Gallup polled Americans on the meaning of socialism in 1949, the largest proportion described it in the traditional sense as government ownership of the means of economic production. Thus, the meaning of the term to Americans is evolving, but most still view it negatively.

[MDC 7,118]

I give her credit for having an economic platform.  

Trump’s big economic speech this week entirely about himself, whining about the media, and crying about muh fraud. The next time he talks policy at all will be the first.

[The Real timschochet 6,397]

18 minutes ago, Patented Phil said:

Gallup poll from 2021:

Socialism, Capitalism Ratings in U.S. Unchanged

BY JEFFREY M. JONES

 

STORY HIGHLIGHTS

• Capitalism viewed positively by 60%; socialism, by 38%
• Positive image of big business down six points to 46%
• Democrats continue to view socialism more positively than capitalism

WASHINGTON, D.C. -- Americans remain much more positive toward capitalism than socialism, and their ratings of each have been largely stable over the past decade-plus.

Line graph. Americans' positive ratings of capitalism and socialism. Sixty percent of U.S. adults in 2021 have a positive image of capitalism, and 38% have a positive image of socialism. These ratings have been stable over time.

These results are based on an Oct. 1-19 Gallup survey. Since 2010, Gallup has measured Americans' basic opinions of several economic or governmental terms, including capitalism and socialism. Their views of socialism have held steady, even as Sen. Bernie Sanders and progressive Democratic politicians have pursued an expanded government role in addressing healthcare, poverty and early childhood education -- policies their critics describe as moving the U.S. toward socialism. Likewise, Americans' opinions of capitalism have not varied, even with greater discussion of income inequality in the U.S. and the concentration of U.S. wealth in a small percentage of people.

Socialism ties with "the federal government" as the lowest rated of the six terms included in the 2021 survey. In contrast, Americans are most positive toward small business and free enterprise, while they are slightly more negative than positive toward big business.

Americans' Positive and Negative Ratings of Economic and Governmental Terms

Just off the top of your head, would you say you have a positive or negative image of each of the following. How about -- [RANDOM ORDER]?

	Positive	Negative
	%	%
"No opinion" percentages not shown
GALLUP, OCT. 1-19, 2021
Small business	97	3
Free enterprise	84	13
Capitalism	60	38
Big business	46	53
Socialism	38	59
The federal government	38	62

Ratings of Big Business Dip

Gallup has assessed Americans' opinions of these terms on six occasions since 2010. Their opinions on each have not moved much, apart from a significant decline in positive ratings of the federal government over time, from as high as 51% in 2012 to 38% in both the 2019 and 2021 surveys.

This year's survey did show a modest decline in positive ratings of big business, from 52% to 46%, which mirrors declines in confidence in the institution of big business and in satisfaction with the size and influence of major corporations.

Line graph. Americans' positive ratings of economic and governmental terms. Ninety-seven percent of U.S. adults have a positive image of small business and 84% have a positive image of free enterprise. Meanwhile, 46% have a positive image of big business and 38% have a positive image of the federal government. Opinions of small business and free enterprise have been stable over time, while ratings of big business and the federal government are less positive today than in past years.

Just as Republicans are responsible for the overall decreases in public confidence in big business and satisfaction with corporate influence, shifting Republican views account for the less-positive perceptions of big business. Currently, 56% of Republicans and Republican-leaning independents, down from 72% in 2019, have a positive opinion of big business. Democrats' and Democratic leaners' views are stable, at 36%.

Line graph. Positive images of big business by political party. Fifty-six percent of Republicans and Republican-leaning independents have a positive opinion of big business in 2021. In most years, about 60% of Republicans have had a positive view, except for 2012, when 75% did, and 72% in 2019. Democrats and Democratic leaners have consistently been less positive toward big business than Republicans are, with the latter's percentages slightly above 40% between 2010 and 2016 and slightly below 40% since then, including 36% in the current survey.

Republicans' dimmed views of big business coincide with a period when many Republican leaders and media personalities have publicly criticized large corporations for activism on social issues like racial justice, diversity and inclusion, and climate change. Many Republicans have also spoken out against large technology companies like Twitter and Facebook because they believe those companies are censoring conservative viewpoints.

Even so, Republicans still view big business positively overall, and more positively than Democrats do.

Republicans, Democrats Diverge on Opinions of Capitalism and Socialism

Majorities of Republicans and Democrats have positive opinions of capitalism, but Republicans rate it higher. Whereas roughly seven in 10 Republicans and Republican leaners have viewed capitalism positively since 2010, about half of Democrats have done so. This year, 72% of Republicans and 52% of Democrats have a positive image of capitalism.

Line graph. In 2021, 72% of Republicans and Republican-leaning independents have a positive view of capitalism and 52% of Democrats and Democratic-leaning independents do, generally similar to their ratings since 2010.

The two partisan groups' opinions of socialism diverge even more, with 14% of Republicans and 65% of Democrats saying they have a positive image of it. Democrats' opinions of socialism have gotten slightly more positive over the years, moving from 53% in 2010 and 2012 to over 60% in the past two surveys. Republicans have become slightly less positive toward socialism than they were in the initial surveys.

Line graph. Positive ratings of socialism by political party. Sixty-five percent of Democrats and Democratic-leaning independents in 2021 have a positive view of socialism, compared with 14% of Republicans.

Since 2018, Democrats have rated socialism more positively than they have rated capitalism. Before that, they held similar views of the two economic systems.

Bottom Line

Americans' opinions of capitalism have generally been stable over the past decade, with around six in 10 having a positive view of capitalism and slightly fewer than four in 10 having a positive view of socialism. Democrats view both economic systems favorably, but have become more positive toward socialism than capitalism.

Recent Gallup research found that Americans, particularly Democrats, are most likely to think of socialism in terms of equality and government provision of benefits and services. When Gallup polled Americans on the meaning of socialism in 1949, the largest proportion described it in the traditional sense as government ownership of the means of economic production. Thus, the meaning of the term to Americans is evolving, but most still view it negatively.

Of course they do. Socialism is awful and leads to evil outcomes, Communism is even worse. 
The problem with this approach is that Kamala is neither. 

[iam90sbaby 2,472]

12 minutes ago, The Real timschochet said:

Of course they do. Socialism is awful and leads to evil outcomes, Communism is even worse. 
The problem with this approach is that Kamala is neither. 

She's a dumb and even if you don't like trump how excited you are about her makes you a retard 

[The Real timschochet 6,397]

1 hour ago, Patented Phil said:

But he’s absolutely on point calling her and Walz’ price control plan Communist.  Because that’s exactly what it is.

 

No it isn’t. It may very well be a bad idea, but it’s not Communist. Unless you think Richard Nixon was a Communist. 
 

It’s irrelevant anyhow because she won’t ever get it passed. 

[Patented Phil 1,469]

37 minutes ago, The Real timschochet said:

Of course they do. Socialism is awful and leads to evil outcomes, Communism is even worse. 
The problem with this approach is that Kamala is neither. 

Right.  I forgot that the Left scrubbed the books and removed the part where she was rated as the most far-Left Senator.

I also forgot about the redefinition of Capitalism to include government run universal healthcare, price controls, and mandates on energy sourcing within the economy.

This is why good, honest debate is no longer possible in this country.  The Left just gaslights on every focking issue these days.  Kamala is not a Socialist.  She wasn’t the border czar.  She believes in a strong border.  You people are pathological liars.

[Hardcore troubadour 14,913]

13 minutes ago, The Real timschochet said:

No it isn’t. It may very well be a bad idea, but it’s not Communist. Unless you think Richard Nixon was a Communist. 
 

It’s irrelevant anyhow because she won’t ever get it passed. 

So she’s not to be taken seriously ? 

[lickin_starfish 1,889]

If we have to go through a little bit of food shortages, economic despair, and social violence, it will be worth it to get to murder babies and keep the borders open.

[Dizkneelande 1,085]

29 minutes ago, Patented Phil said:

Right.  I forgot that the Left scrubbed the books and removed the part where she was rated as the most far-Left Senator.

I also forgot about the redefinition of Capitalism to include government run universal healthcare, price controls, and mandates on energy sourcing within the economy.

This is why good, honest debate is no longer possible in this country.  The Left just gaslights on every focking issue these days.  Kamala is not a Socialist.  She wasn’t the border czar.  She believes in a strong border.  You people are pathological liars.

Come on Phil the Senator rated to the left of Bernie Sanders a Socialist, is really a Capitalist. 

[Patented Phil 1,469]

21 minutes ago, Hardcore troubadour said:

So she’s not to be taken seriously ? 

At minimum it establishes her as a disingenuous, pandering lier.  A clown.

[squistion 1,944]

55 minutes ago, The Real timschochet said:

No it isn’t. It may very well be a bad idea, but it’s not Communist. Unless you think Richard Nixon was a Communist. 
 

It’s irrelevant anyhow because she won’t ever get it passed. 

If someone is going to throw around the term "Communist" they should have some clue what it actually means.

[Patented Phil 1,469]

55 minutes ago, squistion said:

If someone is going to throw around the term "Communist" they should have some clue what it actually means.

What do you define it as?  And what countries in the world today would you classify as Communist?

[Cdub100 3,825]

2 hours ago, bostonlager said:

Cdub seems like a decent guy, but way too liberal for my liking, Mike. 

Now this is insulting. 

[IndyColtsFan 325]

Another Harris-Walz thread.

[The Real timschochet 6,397]

12 minutes ago, Patented Phil said:

What do you define it as?  And what countries in the world today would you classify as Communist?

I will answer this: 

Though you didn’t ask, a socialist country is where the means of production is owned and controlled by the government. 
 

A communist country is a socialist country combined with an authoritarian (usually totalitarian) dictatorship. 
 

There are very few truly Communist countries left. Not even China is really one, since there is a lot of privately owned industry there. The best (worst?) example of a Communist country is North Korea. 

[Patented Phil 1,469]

10 minutes ago, The Real timschochet said:

I will answer this: 

Though you didn’t ask, a socialist country is where the means of production is owned and controlled by the government. 
 

A communist country is a socialist country combined with an authoritarian (usually totalitarian) dictatorship. 
 

There are very few truly Communist countries left. Not even China is really one, since there is a lot of privately owned industry there. The best (worst?) example of a Communist country is North Korea. 

And which countries in the world “own” the means of production?

[The Real timschochet 6,397]

1 minute ago, Patented Phil said:

And which countries in the world “own” the means of production?

There are several in Africa, Asia, a couple in Latin America. Never in the USA and price controls won’t make that happen either, which is why your terminology is demonstrably false. You can call price controls a form of progressive, even leftist politics that you disagree with. But you can’t call it Communism or socialism without being deliberately disingenuous. 

 

[The Real timschochet 6,397]

And it’s so incredibly hypocritical for Trump supporters to call Kamala’s plans Communism while ignoring the elephant in the room which is Trump’s tariffs which are a much worse form of price control, and far more leftist and socialist than anything Kamala is proposing. It’s such a flaw in their argument that one can’t take them seriously. 

[seafoam1 2,798]

9 minutes ago, The Real timschochet said:

And it’s so incredibly hypocritical for Trump supporters to call Kamala’s plans Communism 

No it isn't. It's factual. 

You seem lost.

[Dizkneelande 1,085]

46 minutes ago, Patented Phil said:

What do you define it as?  And what countries in the world today would you classify as Communist?

INSIGHTS

Analysis of all 37.5 million registered firms in China reveals that 65% of the largest 1,000 private owners have direct equity ties with state owners. All told, over 100,000 private owners had equity ties to the state, comprising 15% of China’s registered capital in 2019.

Large private owners also hold significant stakes in smaller firms that themselves invest in other private owners. This results in 3.5 million "indirectly state-connected" private owners, comprising an additional 18% of China's registered capital in 2019.

The number of private owners with direct equity ties with the state almost tripled between 2000 and 2019, and those with indirect equity ties rose 50-fold. The analysis suggests that equity ties to the state may have aided, not constrained, the growth of China’s private sector.  
 
Stanford Center on China’s Economy and Institution - The Rise of the State-Connected Private Sector in China November 1, 2023  

[Hardcore troubadour 14,913]

2 hours ago, squistion said:

If someone is going to throw around the term "Communist" they should have some clue what it actually means.

As you throw around white suoremacist. 

[Hardcore troubadour 14,913]

Venezuela was once the 4th richest country in the world per capita. More than England, more than Canada.  Then socialism came along and in order to keep power the socialists starting giving everything away, controlling the prices and seizing the natural resources.  Now it’s 156 th and the zoos are empty.