Well, aren't we all a bunch of ass-douches today!. Sadly, as deplorable as Trump may be, the real world is an even more disparaging and inconvenient place for the liberal idiologue. You'll are running out of places to hide.
Manufacturing is for developing countries.
Lmfao. Wow. That won't buff out. Check your Rust Belt geography. As near as makes no difference, the Rust Belt begins about 97mi from the eastern beaches and extends to about 67mi from the Pacific.... and from the Canadian border to the Gulf of Mexico (strays a bit further inland up by Sacramento, CA and the Tahoe region). That's one seriously humongous, formerly prosperous region of the country... and could benefit from a few more (deplorable/manufacturing) jobs you intellectual elites love to hack on.
Services and high tech is for developed countries.
Dammit if we're not sending those awesome high tech and finance jobs offshore
too. Had lunch with a stock broker lately (one of the lucky ones who's job wasn't eliminated)? Our most prolific national product is outsourcing jobs, and of course, DEBT.
...you boneheads with no background knowledge on Economics....
Yeah, that UCSD revisionist economic/liberal sociopath/monetary history garbage sucked quite a bit. Stopped short of telling my commie professors what a bunch of epic commie whack jobs they were. i survived, in any case.
And really, stop talking about the economy. You know nothing...
My pastor, Milton (Friedman) is gone, and now you wanna take his place... Sorry, not today. Old Milt wrote the bible; (
A Monetary History of the United States/re; Nobel Prize) and
Money Mischief.... Hopefully you'll read up on somebody not named Krugman or Reich.
Study your M1 M2, M3... of course, it's hardly monetary policy that got us here.... nor is it just something you blame on the Democrats. The Republican's deserve their fair share of blame (what with running the CIA, silly Empire and endless warfare all over the world. Back to Friedman; The M2 and M3 tell you a lot more about where our economy has been, the present, and where it's going. Jim Davidson is another who (eats faux economists for breakfast).... He called this mess 2 decades ago. I hope we can just keep sailing along.
All you do is throw around words like stagflation...
Used for expediency to describe our hollow recovery ... For the booksmart liberal utopia Clinton supporter, perhaps 'zombie economy' or 'DEAD CAT BOUNCE,' is more appropriate. You're faith in your sacred wingnut institutions is about to be crushed.
There are a few exceptions; Chicago, Dallas, Atlanta, Houston, Johnston County, (KS). But, once you leave the coastal areas, we're still on the wrong side of a >25 year period of lost jobs and stagnant wages. When people go out of work, they experience disturbingly-long periods of unemployment... only to eventually return to lower-pay.... (McJobs for all those Deplorables)...
But the hollowing out of our economy isn't limited to the Rust Belt: Prices for housing, food, education, healthcare and transportation are an extreme burden for dozens of millions of Americans. Then there's the staggering education debt dragging on our young people like a ball and chain: Add that to the Baby boombers trading in their stocks and downsizing their homes to pay for prescription drug cataclysm. In a few years we could see a housing meltdown of nightmare proportions.
Life has rarely been harder for such a high % of people for such an extended period. You have to go back to about 1940....
The last several so-called economic recoveries have occurred with very flat, real dollar wage increases, and less and less participation by the greater population. With each passing downturn there's a widening gap between the haves and have nots. The Republicans deserve there share of the blame, but this has by and large occured during a period of unprecidented DEMOCRAT rule.
Our economy is far worse than the 1970s. And while the current version of stagflation isn't happening with exactly the same signature, including high interest rates, or an even longer period of runaway inflation, we are certainly living in the aftermath of decades of manufacturing moving offshore, corporate downsizing, abysmal wage increases, and sharp increases in food and cost of living prices.
The US has a sub-5% unemployment rate and an unusually low inflation rate
Damn them lies and statistics. U6 and (U7/total) under-employment, labor participation, and income levels all continue to occur at disturbing (deflationary) levels.
http://www.forbes.com/sites/louisef...the-real-unemployment-rate-12-6/#1e17c46a1e12
U7 (victims of history)
http://bud-meyers.blogspot.com/2013/10/u-7-unemployment-rate-is-162-millions.html
Ah, the soft-spoken, modern day Bolshevik. Stifle all dissenting opinion. Your commie overlords created a whole new tolerant class on America's college campuses. Well played.
deep down somewhere you know you've been played....
Americans (not born into privilege) have been played.