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U.S. Economy: The Real Problem

 
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KOREAN_MAN



Joined: 01 Oct 2006

PostPosted: Fri Sep 19, 2008 2:39 am    Post subject: U.S. Economy: The Real Problem Reply with quote

For money, and political power to make more money, Party A is trying to win the White House. Party B wants the same thing. (There's no Party C.)

Party A lures people to vote for Party A by saying, "If I get elected, you shall receive A, B, and C."

Party B makes a similar promise. "If I get elected, you shall receive X, Y, Z."

Then Party A, to win more votes, exaggerates on that promise. "If I get elected, you shall receive A, B, C and X, Y, Z!"

Party B now has no choice but to follow suit. "I also promise you A, B, C, and X, Y, Z."

People vote. Party B wins. (It doesn't really matter who wins.)

Now Party B needs to keep those promises. Otherwise, people wouldn't vote for Party B in the coming election.

But it only has enough money to take care of X, Y, Z and not A, B, C. What should it do?

Well, Party B can tax more. But people refuse. So Party B comes up with another plan. Having complete control over the money supply, Party B decides to print up more money. Nobody can get in the way. (Actually, nobody is even aware of this.) Now A, B, C and X, Y, Z are all taken care of. Yay~!

But eventually a funny thing happens. Prices go up. (Inflation.)

And then the value of the money begins to decrease. (Devaluation.)

All of sudden, people don't want money anymore. So they give money away to buy land, stocks, and gold.

Since money is not as desirable as once it was, people are less willing to work for it. Now the economy is going down.

To save the economy, Party B decides to print out even more bills and coins.

So... what's next?

We don't know yet for sure. But I bet its name is hyperinflation.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Fri Sep 19, 2008 2:48 am    Post subject: Reply with quote

Quote:
(There's no Party C.)



I think I see where your theory breaks down. There are approximately twice as many parties as there are letters in the alphabet. That's probably why they are called 3rd parties--there is an infinite number of numbers but only 26 letters.
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blaseblasphemener



Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be

PostPosted: Fri Sep 19, 2008 5:18 am    Post subject: Reply with quote

Ya-ta Boy wrote:
Quote:
(There's no Party C.)



I think I see where your theory breaks down. There are approximately twice as many parties as there are letters in the alphabet. That's probably why they are called 3rd parties--there is an infinite number of numbers but only 26 letters.


If there's a party in the forest, and nobody comes, does anybody care?
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Join Me



Joined: 14 Jan 2008

PostPosted: Fri Sep 19, 2008 5:19 am    Post subject: Reply with quote

The real problem. Simple.

George W. Bush and Company
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aka Dave



Joined: 02 May 2008
Location: Down by the river

PostPosted: Fri Sep 19, 2008 5:59 am    Post subject: Reply with quote

The parties do pander to a degree, but the choice between parties is an ideological choice, not a choice between "who will give me what". That is to say, the Republicans tend to offer tax cuts, the Democrats offer healthcare, investments in training and infrastructure, etc.

Thing is, the Republican ideology has been empirically tested, and has failed abysmally.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Fri Sep 19, 2008 9:08 am    Post subject: Reply with quote

Quote:
and has failed abysmally


Twice.
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