Comments on: This Is What Socialism Brings http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/ Your daily dose of conservative offsets to combat annoying liberal global whining. Sun, 12 Feb 2012 00:09:56 +0000 hourly 1 By: Grant http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/comment-page-1/#comment-3329 Grant Sat, 03 Feb 2007 16:15:48 +0000 http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/#comment-3329 There's no doubt that we're in for a heavy dose of socialism, but this is the way it's been for most of U.S. history. There just isn't such thing as a purely free market economy in the world. Once you have a government, the people in it are going to want to gain as much power as possible. Their two mediums to do so are the military and the market. We should all be thankful that we can still (for now at least) opt to save on our own. If taxes go up, a lot of people will start to lose that option, which just continues to build a dependency on the government. Still though, I don't think these numbers are nearly as ominous as they were made to sound like. Two sides to every coin, and I say they're a sign of a healthy spender's economy. And if savings rates are the lowest they've been since the Great Depression, maybe we are in for a Post-Depression era boom of sorts? There’s no doubt that we’re in for a heavy dose of socialism, but this is the way it’s been for most of U.S. history. There just isn’t such thing as a purely free market economy in the world. Once you have a government, the people in it are going to want to gain as much power as possible. Their two mediums to do so are the military and the market. We should all be thankful that we can still (for now at least) opt to save on our own. If taxes go up, a lot of people will start to lose that option, which just continues to build a dependency on the government.

Still though, I don’t think these numbers are nearly as ominous as they were made to sound like. Two sides to every coin, and I say they’re a sign of a healthy spender’s economy. And if savings rates are the lowest they’ve been since the Great Depression, maybe we are in for a Post-Depression era boom of sorts?

]]> By: PinguMama http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/comment-page-1/#comment-3327 PinguMama Sat, 03 Feb 2007 13:29:56 +0000 http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/#comment-3327 Sure it is great that everyone is spending and borrowing, but eventually you have to save or your are up poop creek without a paddle. I see the lack of personal initiative in terms of taking care of their own financial security as a sign that we will have socialism if not communism (Social Security, Welfare, etc.) for a long time to come. Which is a darn shame. Sure it is great that everyone is spending and borrowing, but eventually you have to save or your are up poop creek without a paddle.

I see the lack of personal initiative in terms of taking care of their own financial security as a sign that we will have socialism if not communism (Social Security, Welfare, etc.) for a long time to come. Which is a darn shame.

]]> By: Grant http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/comment-page-1/#comment-3322 Grant Sat, 03 Feb 2007 02:10:55 +0000 http://www.americanconservativedaily.com/2007/02/this-is-what-socialism-brings/#comment-3322 Isn't one of the benefits of the economy that people are so willing to spend? The economy is in the best shape it's been in since pre-9/11 and personal savings has hovered at low rates below 2% for most the decade. Don't get me wrong, I think everyone should be saving adequate amounts to fund their entire lives, but we should also be happy about current spending trends. Like your post on Exxon, (not the greatest example because consumer spending doesn't translate as easily into oil profits) we are all profiting when people are borrowing. I think a lot of this can be attributed to consumer confidence in the market and willingness to borrow for pleasure or venture capitalism. Also, we are in a rebuilding phase since the economic dip after the .com fallout and 9/11. Here's something interesting. China has the opposite problem that we have. Personal savings is between 30-40% of their GDP (last I knew in 05-06'). They have empty shopping malls. All of this because many know and remember the first-hand tragedies of a communist system...which I guess I am a huge supporter of. Just kidding everybody. Isn’t one of the benefits of the economy that people are so willing to spend? The economy is in the best shape it’s been in since pre-9/11 and personal savings has hovered at low rates below 2% for most the decade. Don’t get me wrong, I think everyone should be saving adequate amounts to fund their entire lives, but we should also be happy about current spending trends. Like your post on Exxon, (not the greatest example because consumer spending doesn’t translate as easily into oil profits) we are all profiting when people are borrowing.

I think a lot of this can be attributed to consumer confidence in the market and willingness to borrow for pleasure or venture capitalism. Also, we are in a rebuilding phase since the economic dip after the .com fallout and 9/11.

Here’s something interesting. China has the opposite problem that we have. Personal savings is between 30-40% of their GDP (last I knew in 05-06′). They have empty shopping malls. All of this because many know and remember the first-hand tragedies of a communist system…which I guess I am a huge supporter of.

Just kidding everybody.

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