How America Became an Economic Superpower

Re:How America Became an Economic Superpower by Zigurd on Wednesday December 24, 2014 @10:18PM (#8795295)

We've had a shale oil and gas boom for roughly a decade. Imagine how fucked we'd have been in the "Great Recession" without that.

I'll toast our success after we unwind QE and a reasonable fraction of the bottom 70% have jobs and wages that support buying a house.

We still have TBTF banks that can implode again, just like in 2007. We still count military spending and excess medical spending on the plus side of the GDP and productivity ledgers. We still have disturbing quality of life issues in policing, the Drug War, education, and health.

Let's say Putin wakes up on the wrong side of the bed and invades some FSU nations. Still complacent?

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Re:How America Became an Economic Superpower by vixen99 on Thursday December 25, 2014 @03:52AM (#8795858)

Perhaps someone will suggest a review that takes down Mark Steyn's After America but I haven't seen it.

There is nothing virtuous about “caring” compassionate” “progressives” demonstrating how caring and compassionate and progressive they are by spending money yet to be earned by generations yet to be born.

http://www.davemanuel.com/us-national-debt-clock.php

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Re:How America Became an Economic Superpower by Zigurd on Thursday December 25, 2014 @10:18AM (#8796385)

How much money has QE printed so far? How many times the cost of a basic income program would that be?

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Re:How America Became an Economic Superpower by vidoc on Wednesday December 24, 2014 @11:33PM (#8795420)

Putin seems to be the new bad guy these days.

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