US US Politics General - Discussion of President Biden and other politicians

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Skeletonized Cow said:
The USA exports only about 10% of our GDP. AKA, we import 50% more than we export.

Yes, most of our GDP is domestic, but over half of our GDP is also things like finance, real estate, business, government expenditures, etc. Things that don't contribute to real wealth creation. That 5% imbalance actually represents a huge proportion of the nation's real wealth being sucked up and removed from the country.
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It is worse for almost every other nation. The US is at least the major country least dependent on international trade, if you look at it, the US has traditionally had a 25-30% trade to GDP ratio, owing to the large domestic market and diversified economy. China is around 30-40%. For Europe? Many if not most European nations have it over 100%.
 
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Gehenna said:
I'd add one more faction, but not dispute your classification of either two named people, and that's the "Humanists". Largely non-religious but feel that going full transhumanist is squicky so they just wanna make the world a better place.

They are usually very NIMBY, easily tricked by whatever faction has the most power, almost never have a proper idea of what will actually help, and in general never will look deeper.



These people make up the majority of WEF funding through companies they own and their general membership. This should explain a lot if you think about it.
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It seems the actual people in power are all headed in the same direction. There's only quibbling on the details. The people talking about US vs China vs Russia, are just watching the Superbowl. Who's behind Biden? Who's behind Obama?
 
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Skeletonized Cow said:
The USA exports only about 10% of our GDP. AKA, we import 50% more than we export.

Yes, most of our GDP is domestic, but over half of our GDP is also things like finance, real estate, business, government expenditures, etc. Things that don't contribute to real wealth creation. That 5% imbalance actually represents a huge proportion of the nation's real wealth being sucked up and removed from the country.
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I am confused by what you mean as wealth creation? finance, real estate and business create wealth. Finance is used to assign capital, real estate (building homes, etc) and business are part of "wealth creation"

I will be the first to say that the fed and other groups are pants on head retarded and I would love to see improvements on that front. And yes there are problems, but america has alot of resources, in fact i would argue that the 80 years of playing cold war and globalization put a pause on devopling our local resources.


Waifu Denier said:
It is worse for almost every other nation. The US is at least the major country least dependent on international trade, if you look at it, the US has traditionally had a 25-30% trade to GDP ratio, owing to the large domestic market and diversified economy. China is around 30-40%. For Europe? Many if not most European nations have it over 100%.
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Also US largest trading partners are mexico and canada. We can are de coupling and gonna have our own little trading partnership.
 
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GamerGateSurvivor said:
>Pregnant woman shoplifts from a Kroger liquor store
>Cops show up as she's about to drive away
>She tries running over one of the cops
>Gets shot
>BLM is declaring her a martyr

And just in time for the elections.
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Too early, this is a warmup to the main act.
 
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northstar747 said:
I am confused by what you mean as wealth creation? finance, real estate and business create wealth.
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What I meant, even if it didn't come across well, is that those things really only create wealth on paper. The kind that can evaporate in a heartbeat. The stock market, speculation in real estate, etc. doesn't actually make anything and as such shouldn't be counted alongside manufacturing, mining, agriculture, etc. when considering genuine wealth.

Two businesses trading back and forth a billion dollars in stocks adds two billion dollars to the GDP without actually making anything. A man growing ten bucksof potatoes in his back yard actually made something, and contributed more than those two businesses.
 
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Skeletonized Cow said:
What I meant, even if it didn't come across well, is that those things really only create wealth on paper. The kind that can evaporate in a heartbeat. The stock market, speculation in real estate, etc. doesn't actually make anything and as such shouldn't be counted alongside manufacturing, mining, agriculture, etc. when considering genuine wealth.
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Ah I see what you mean.

money is basically a human invention and abstraction with a rather difficult dual purpose of being both a "medium of exchange" and "store of value"

And as we get to high levels of abstraction goverments and organization defiantly play games.

I used to work in the trades, and would say any builder making homes, IMO is making a consumable good. I E housing should be viewed as a consumable because their is a life span on the fucking building, at certain periods you will need to replaces things and do minor/major work. But building something does create a "thing" that can be assigned a "value" and I get that your more of a "money isnt wealth" potatoes are.

I would say one of the most economically damaging things the US has going is student debt where people are trading money they dont yet have (future earnings) for an education, that is knowledge which is of questionable value. But would you call this exchange an exchange of wealth because both the money and knowledge are non tangible abstractions
 
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>tfw no Asian gf said:
What's the point of having a GDP worth a trillion dollars when the average person can't afford to buy a decent house and the infrastructure all over your country is falling apart?
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Does the GDP even matter if it's artificially boosted with printed money? Or that spending is exceeding the GDP?
 
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>tfw no Asian gf said:
What's the point of having a GDP worth a trillion dollars when the average person can't afford to buy a decent house and the infrastructure all over your country is falling apart?
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While I agree, it is bullshit, I think it's also telling that in an economic depression as the world is currently in, America's powerhouse economy still booms.

Everyone is doing WAY WORSE everywhere else. Gubbmint gibbs will be drying up in a lot of Europe soon, immigration while bad in the US is vastly worse across Europe, China has crippling floods and laughable vaporware infrastructure projects, and India is a non-state where one of the largest moneymaking enterprises is literally stealing from the elderly in the US.

I've said it before, but if America sinks, so does the world. It is in everybody else's best interests to keep us stable.
 
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Gehenna said:
I'd add one more faction, but not dispute your classification of either two named people, and that's the "Humanists". Largely non-religious but feel that going full transhumanist is squicky so they just wanna make the world a better place.

They are usually very NIMBY, easily tricked by whatever faction has the most power, almost never have a proper idea of what will actually help, and in general never will look deeper.



These people make up the majority of WEF funding through companies they own and their general membership. This should explain a lot if you think about it.
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So, people like the widow Jobs? The sort of mid-century liberals who think that they can control the cowlike masses through information control, without the need to go full factory farm like the neo-feudalists? It's a question to ask if a faction is really a faction without a leader, or is it merely the hoi polloi that the people with actual plans and schemes need to sway?
 
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