Author Topic: The Trudeau Brand  (Read 91205 times)

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Offline wilber

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Re: The Trudeau Brand
« Reply #495 on: October 27, 2020, 08:34:09 pm »
No one is talking about that.

No, they are ignoring it.
"Never trust a man without a single redeeming vice" WSC

Offline JMT

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Re: The Trudeau Brand
« Reply #496 on: October 27, 2020, 08:49:40 pm »
My answer is in my signature.  I've been saying the same thing for years on here.

Your signature doesn't communicate any kind of economic reality. Federal deficits were well within OECD and IMF guidelines, and were, according to the PBO, completely sustainable over the long term.
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Offline JMT

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Re: The Trudeau Brand
« Reply #497 on: October 27, 2020, 08:50:11 pm »
No, they are ignoring it.

The only one ignoring anything is you. The reality on the ground doesn't care about the deficit.

Offline wilber

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Re: The Trudeau Brand
« Reply #498 on: October 27, 2020, 08:56:32 pm »
The only one ignoring anything is you. The reality on the ground doesn't care about the deficit.

It sure will in the future.
"Never trust a man without a single redeeming vice" WSC

Offline JMT

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Re: The Trudeau Brand
« Reply #499 on: October 27, 2020, 09:00:04 pm »
It sure will in the future.

Again, who are you going to let go hungry? How much do you expect people to sacrifice at the alter of the economy?

Offline Queefer Sutherland

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Re: The Trudeau Brand
« Reply #500 on: October 27, 2020, 09:18:12 pm »
Your signature doesn't communicate any kind of economic reality. Federal deficits were well within OECD and IMF guidelines, and were, according to the PBO, completely sustainable over the long term.

Never-ending deficits aren't sustainable.  Virtually nobody saw the great depression, or WWII, or the great recession, or COVID coming before they hit.  Yet here we are.  I've been proven correct but you'll never admit it, which is irrelevant, it doesn't make me any less correct.  I won't respond to your reply because i'm not getting into this argument again.
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Offline JMT

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Re: The Trudeau Brand
« Reply #501 on: October 27, 2020, 09:25:55 pm »
Never-ending deficits aren't sustainable.

Yes, in fact they are. Deficits don't exist in a vacuum. We can take it even further though. Here's economist Stephanie Kelton on this today. Our understanding of what a government deficit is, is in fact, totally backwards.

https://twitter.com/StephanieKelton/status/1321180774675238912?s=20

Offline wilber

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Re: The Trudeau Brand
« Reply #502 on: October 27, 2020, 09:31:57 pm »
Again, who are you going to let go hungry? How much do you expect people to sacrifice at the alter of the economy?

Ask places like Venezuela and Argentina what happens when debt gets out of control. People go hungry whether you like it or not.
"Never trust a man without a single redeeming vice" WSC

Offline JMT

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Re: The Trudeau Brand
« Reply #503 on: October 27, 2020, 09:34:29 pm »
Ask places like Venezuela and Argentina what happens when debt gets out of control. People go hungry whether you like it or not.

So tell me who goes hungry. Tell me what you want them to do.

Offline wilber

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Re: The Trudeau Brand
« Reply #504 on: October 28, 2020, 12:16:54 pm »
So tell me who goes hungry. Tell me what you want them to do.

I'm saying that if you destroy your currency, people will go hungry anyway and you won't be able to do anything about it.
"Never trust a man without a single redeeming vice" WSC

Offline Montgomery

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Re: The Trudeau Brand
« Reply #505 on: October 28, 2020, 12:20:49 pm »
Excellent discussion! The political right has no satisfactory answers because the greed of their capitalist priorities comes before the lives of people. Venezuela is the perfect example of a rich country being harmed by the US priorities of greed.

Or how about Vietnam for the most egregious example of all in our modern world?
It was believed afterward that the man was a lunatic, because there was no sense in what he said. ~M.T.
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Offline Montgomery

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Re: The Trudeau Brand
« Reply #506 on: October 28, 2020, 12:23:47 pm »
I'm saying that if you destroy your currency, people will go hungry anyway and you won't be able to do anything about it.

There's something very wrong and evil about that statement wilbur. People don't eat currency or put currency on their backs to clothe themselves. Cuba is an example of what people have to do when they are faced with great odds being forced on them by US capitalist priorities.
It was believed afterward that the man was a lunatic, because there was no sense in what he said. ~M.T.
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Offline JMT

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Re: The Trudeau Brand
« Reply #507 on: October 28, 2020, 12:29:25 pm »
I'm saying that if you destroy your currency, people will go hungry anyway and you won't be able to do anything about it.

Who said anything about destroying the currency? Talk about hyperbole.
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Offline Montgomery

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Re: The Trudeau Brand
« Reply #508 on: October 28, 2020, 12:45:32 pm »
Who said anything about destroying the currency? Talk about hyperbole.

Currency is the greedy capitalist's God! Wilbur is just a shallow person who hasn't come to understand that yet. Many never do.

We're privileged to be living in a time where we can at least see and understand the way forward into the 21st. century. China is showing us how it has to be done!
It was believed afterward that the man was a lunatic, because there was no sense in what he said. ~M.T.

Offline wilber

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Re: The Trudeau Brand
« Reply #509 on: October 28, 2020, 02:04:09 pm »
Currency is the greedy capitalist's God! Wilbur is just a shallow person who hasn't come to understand that yet. Many never do.

We're privileged to be living in a time where we can at least see and understand the way forward into the 21st. century. China is showing us how it has to be done!

Currency is what feeds you and puts a roof over your head.
"Never trust a man without a single redeeming vice" WSC