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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Katelew who wrote (7218)1/20/2017 10:10:59 PM
From: koan  Read Replies (2) | Respond to of 363260
 
Why not?

<<We shouldn't let either state or federal government become the employer of last resort.



To: Katelew who wrote (7218)1/21/2017 1:15:01 AM
From: koan  Read Replies (2) | Respond to of 363260
 
This is what I objected to. This guy is correct.

The Ultimate Con
Taegan Goddard's Political Wire
by Taegan Goddard

Jonathan Chait: “The presidency raises the stakes of Trump’s con game to a completely new level. In his inaugural address, Trump declared his fealty to the People, promising to unleash untold wealth to them that was being held by elites in Washington and by foreigners. ‘We will bring back our jobs,’ he said. ‘We will bring back our wealth.’ He promised to quash crime and ‘eradicate’ Islamic terrorism ‘from the face of the Earth.’ The grandiosity of these promises is necessary to get even the minority of the electorate that can tolerate Trump to overlook his overt grossness and corruption.”

“The methods of a skilled con artist have worked just barely well enough to deliver the presidency to Trump. But what happens when his grandiose promises fail to materialize? And when the aspects of his program that he never mentioned in his speech — tax cuts for the rich, stripping away health insurance from millions, massive graft — do take place? A con artist who always escaped his old victims and found new ones has reached the maximal limits of his strategy. What happens when the marks are demanding that the promises he made be redeemed, and there is nowhere for him to go, and he commands the powers of the state?”



To: Katelew who wrote (7218)1/21/2017 1:45:20 PM
From: combjelly  Respond to of 363260
 
If federal employees are well-educated and have skills, they should be fine in the private economy.

I am sure they will. But who will they be displacing until and unless the economy grows enough to replace those jobs? Especially in the wake of the economic contraction that results from them being trimmed. Because the private sphere is not a separate entity. Those government workers displaced don't just vanish into thin air. And their economic activity isn't magically replaced.

We shouldn't let either state or federal government become the employer of last resort.

Why not? It results in a stable economy. Do you really want to return to the periodic panics and depressions that was the hallmark of the 19th century? Having the middle class wiped out every couple of decades?

You might want to read up on them. That is what happens when you have few or no regulations and the government isn't the employer of the last resort.