Obama Progressives ForeWarned Is ForeArmed

[Guest]

"Imagine a city where all the major economic planks of the statist or "progressive" platform have been enacted: A "living wage" ordinance far above the federal minimum wage, for all public employees and private contractors. A school system that spends significantly more per pupil than the national average. A powerful school employee union that militantly defends the exceptional pay, benefits and job security it has won for its members. A tax system that aggressively redistributes income from businesses and the wealthy to the poor and to government bureaucracies.

Would this be a shining city on the hill, exciting the admiration of all? We don't have to guess because there is such a city right here in our state: Detroit.

Detroit has been dubbed "the most liberal city in America" and each of these progressive policies is alive and well there. How have they worked out?

In 1950 Detroit was the wealthiest city in America on a per capita income basis. Today, the Census Bureau reports that it is the nation's second poorest major city, just "edging out" Cleveland.

Could it be pure coincidence that the decline occurred over the same period in which union power, the city government bureaucracy, taxes and business regulations all multiplied? While correlation is not causation, it is striking that the decline in per capita income is exactly what classical economist predict would occur when wage controls are imposed and taxes are increased."

(Jarrett Skorup Mackinac Center Feb 14) reported in WSJ Notable & quotable 2/16/12

[Guest]

Thanks Rubicon ~ :bigbow:

what's that saying about insanity....Oh, yeah, I remember-Insanity is doing te same thing over and over, hoping things will change.

[Guest]

Fantasy. :ohdear:

[Guest]

Fantasy. :ohdear:

You may not always be right but you will always be the DaleMN man. Admire your loyalty to your party.

Personal Best Regards:

[Guest]

Pure fantasy indeed. America's poorest cities:

10.Laredo, TX
9. Steubenville, OH AND Weirton, VA
8. Jonesboro, Ark.
7. Las Cruces, NM
6. Cumberland, MD
5. Kingsport - Bristol, TN
4. Albany, GA
3. McAllen - Edinburgh - Mission, TX
2. Pine Bluff,Ark
1. Brownsville - Harlingen, TX

10. Laredo, Texas (http://www.dailyfinance.com/photos/10-laredo-texas/4545992/)

[Guest]

Where would Detroit be if Mitt Romney were president and had just let the auto companies go bankrupt?

[Guest]

coralway, you need to do research by population and average income. The cites that you posted are all small in size.

BTW, Las Cruse, New Mexico is the fastest richest growing city in New Mexico. So I think that your data is way outdated.

[Guest]

Pure fantasy indeed. America's poorest cities:

10.Laredo, TX
9. Steubenville, OH AND Weirton, VA
8. Jonesboro, Ark.
7. Las Cruces, NM
6. Cumberland, MD
5. Kingsport - Bristol, TN
4. Albany, GA
3. McAllen - Edinburgh - Mission, TX
2. Pine Bluff,Ark
1. Brownsville - Harlingen, TX

10. Laredo, Texas (http://www.dailyfinance.com/photos/10-laredo-texas/4545992/)

I agree with the above-stated listings. However, in your haste you missed the operative words in this article. The author cited it as a "major city" I have been to a number of those cities you cited and they are not "major cities

Beside which you ignore the "teachable moment" and prospective this author
offers all of us.

[Guest]

You may not always be right but you will always be the DaleMN man. Admire your loyalty to your party.

Personal Best Regards:

:icon_wink:

[Guest]

Where would Detroit be if Mitt Romney were president and had just let the auto companies go bankrupt?

You cite another great example of the progressive agenda. General Motors is making huge profits because of the government bailout which in part included not paying corporate taxes for a very long time and with no debt paid by courtsey of taxpayers. Let me see no liaibilities no taxes = huge profits leading to more comp and benefits for unions and big bonuses for executives
while creditors and taxpayers dig deeper in their pockets to pay the bill. Now that sensible economics.

[Guest]

So better to let them go bankrupt and put one million people out of work, Mr Romney? I think if you check your facts, you'll find that a lot of the auto bailout money has been repaid with interest.

[Guest]

pure capitalism led to the demise of Detroit. Their product was awful,workmanship shoddy,management lazy and they did not keep up with the pulse of America and they could not survive the onslaught of a superior product from Japan. The leadership of the companies is to blame for their demise nothing else. It was capitalism at its best or worst. To blame anything else is pure fiction.

[Guest]

Two things bombed Detroit.

First: NAFTA. All unions where for it, until they found out that the jobs would be moved to Mexico, where labor was cheaper.

Second: Japan and Korea started making a better product at a cheaper price counting the drop in wages for moving jobs to Mexico.

Finally, how did Detroit expect $15.00 an hour workers (most of us) to buy $75.00 an hour workers (UAW workers) cars and still make a profit.

[Guest]

So better to let them go bankrupt and put one million people out of work, Mr Romney? I think if you check your facts, you'll find that a lot of the auto bailout money has been repaid with interest.

janmcn: There we go again with the Obama misinformation machine.

While it is true that GM paid off its TARP loan they did so with other taxpayers money/ aka TARP money shuffle (Neil M. Barofsky Inspector General Senate Finance Committee April 20-22, 2010. We got took pure and simple

Do yourself a favor "trust but verify" when it comes to politicians

[Guest]

Two things bombed Detroit.

First: NAFTA. All unions where for it, until they found out that the jobs would be moved to Mexico, where labor was cheaper.

Second: Japan and Korea started making a better product at a cheaper price counting the drop in wages for moving jobs to Mexico.

Finally, how did Detroit expect $15.00 an hour workers (most of us) to buy $75.00 an hour workers (UAW workers) cars and still make a profit.

This is bold is SO true.

The unions have built another kind of welfare mentality: "The rest of society OWES me (higher pay, fatter insurance and pension benefits, retire at 50 or 55 instead of 65 or older like most of America has had to do, more paid vacation...." Which is just like Greece and unions here still refuse to learn from that!

This attitude has caused a lot of economic and societal wreckage too.

[Guest]

Detroit was 'bombed' *LONG* before NAFTA.

I'm amazed that in a crowd of people dominated by those with life experience, the obvious isn't mentioned more often.

Why was Detroit so rich? Why were the unions be able to get so much? It's only hinted at when the discussion turns to Detroit having their heads handed to them by Japan.

Why were they able to get that way in the first place?

...because the rest of the world had their industrial capacity bombed back to the stone age in WWII. We held a monopoly on manufacturing.

The Japanese will tell you that they brought in American quality experts when it was time to rebuild their factories. Because they had nothing in place and could re-start from scratch, they were able to do better and build on the experience of others with being saddled with the legacies of those histories.

Now Japan faces the same thing from the South Koreans. Someday, if CHina's quality improves, it'll happen again.

[Guest]

So better to let them go bankrupt and put one million people out of work, Mr Romney? I think if you check your facts, you'll find that a lot of the auto bailout money has been repaid with interest.

janmcn there are a number of financial expert who have written articles explaining that the bailouts were not necessary. In fact the economy was in that same situation in 1840 and the government refused bailouts and the economy recovered and did so quickly.

government action in most cases is counter-intutitive as is golf when it appears governement should do more they really should do less.

Take for example that the Mormon's Chariity is so well organized that during catastrophe such as Karina they were able to assist people with food, shelter clothing and fuel much faster than our government. if the government were smart they might want to learn how they are able to mobilize so quickly

[Guest]

The bailouts were to save the Unions and not to save the auto industry. The competitors to the unionized companies would have filled the void as fast as they could. A vacuum cannot exist in business.

I'm a union man myself, but the truth is the truth.

[Guest]

most people do not understand the concept of bankruptcy. What they know is what they hear from the media that wants only to deliver the message they want you to hear. They certainly are not going to point out the attributes of the bankruptcy process.

The advents and allegations of millions being put out of work is the boogey man's version of the results of a bankruptcy. And of course a politically spun notion.

The car companies would be in much better shape today if they had been allowed to go through the process. There would be as many people employed after the process if not more.

The government rescue allowed more of the business as usual to continue. And why wouldn't they....the government that is....the sterling examples of business as usual.

Read up on the companies that have gone through the bankruptcy process. Try to understand the positive effect a bankruptcy has on a company emerging from bankruptcy.

Bashing Romney for advocating his position denotes a complete lack of understanding and ONLY presents a political spin.

btk