Recession or reboot?

-Removed-

No.

Originally posted by telerion
No.

Of course not. They want all the property and most of the people dead. Aint that right? You squirel headed good guy you.

-Removed-

What I can tell you is that I noticed the economy going south about a decade before the credit crisis. I'm not sure I buy into the whole conspiratorial notion, but I do believe there were those who saw what was coming and used it for their own benefit. The real question is were they oppurtunists or did they orchastrate it?

One thing of note is that there are far fewer small businesses now which translates for a better monopolistic business environment for big business. Unfortunately, however, small business accounts for about 2/3 of new job creation annually in the states so I think the rising unemployment rate is an indication of how they have been struggling. In fact, from what I have heard, unemployment in socialist countries is routinely around 15%. I suppose that is where the US is headed as well. So I guess the moral of the story is that big government equals big business. In the end they all become blurred. Case in point is the bail outs of the banks by the federal government. Then you see a bank like Chase turning around and buying up outstanding debt by from the state of California? You tell me what's going on mate?

Originally posted by whodey
In fact, from what I have heard, unemployment in socialist countries is routinely around 15%.

What constitutes a "socialist country" in your opinion, and where did you get that figure?

Originally posted by whodey
I think the rising unemployment rate is an indication of how they have been struggling. In fact, from what I have heard, unemployment in socialist countries is routinely around 15%. I suppose that is where the US is headed as well. So I guess the moral of the story is that big government equals big business.

It's in the interests of big business to have high unemployment, so that wages can be kept low through competition.

By contrast, it's in the interests of government to have low unemployment, so that voters will be satisfied.

So how does big government equal big business?

Originally posted by Teinosuke
It's in the interests of big business to have high unemployment, so that wages can be kept low through competition.

By contrast, it's in the interests of government to have low unemployment, so that voters will be satisfied.

So how does big government equal big business?

It's in the interest of big business for unemployment to be low so more people have money to spend on what big business produces.

There is no comparison between business and guvamint, one of the two operates on the inititation of force and threats of force. The other you can opt in and out of anytime you like.