The Official "Damned Trump" Thread

[Dmitry1983]

https://en.wikipedia.org/wiki/Financial_..._2007–2008

Linking me the wiki article of the whole fucking financial crisis od 2007-2008?

I was pointing out that entire world economy experienced abnormally low growth because of 2008 crisis including China.

Still much higher than in developed countries.

...which i never disputed. You were the one making a claim.

I was making a claim that Europe's low growth is caused by extremely expensive social programs. China spends less on social programs and as result it's economy grows faster.

Try to google "Wirtschaftswunder".

a lasting period of low inflation and rapid industrial growth was overseen by the government led by West German Chancellor Konrad Adenauer and his Minister of Economics, Ludwig Erhard, who went down in history as the "father of the German economic miracle

In the first free elections following the Nazi era, Erhard stood for election in a Baden-Württemberg district and was elected. He was appointed Minister for Economic Affairs, a position he would hold for the next 14 years; from 1957 to 1963 he was also the second Vice-Chancellor of Germany.

A staunch believer in economic liberalism, Erhard joined the Mont Pelerin Society in 1950, and used this influential body of liberal economic and political thinkers to test his ideas for the reorganization of the West German economy.

At the same time, the government, following Erhard's advice, cut taxes sharply on moderate incomes. Walter Heller, a young economist with the U.S. occupation forces who was later to become chairman of President Kennedy's Council of Economic Advisers, wrote in 1949 that to "remove the repressive effect of extremely high rates, Military Government Law No. 64 cut a wide swath across the German tax system at the time of the currency reform." Individual income tax rates, in particular, fell dramatically. Previously the tax rate on any income over 6,000 Deutschmark had been 95 percent. After tax reform, this 95 percent rate applied only to annual incomes above 250,000 Deutschmark. For the West German with an annual income of about 2,400 Deutschmark in 1950, the marginal tax rate fell from 85 percent to 18 percent.

[GUBU]

Scaramucci: “When you talk to elected Republicans privately, they can’t stand the president," Trump's former communications director said. "They know the president is a lawless person and basically a criminal."

https://thehill.com/homenews/administrat...-of-end-of

Unfortunately the whole party is lawless criminials. The only reason they hate Dumbfuck is he's obvious about it.

[Deesse23]

Try to google "Wirtschaftswunder".

a lasting period of low inflation and rapid industrial growth was overseen by the government led by West German Chancellor Konrad Adenauer and his Minister of Economics, Ludwig Erhard, who went down in history as the "father of the German economic miracle

In the first free elections following the Nazi era, Erhard stood for election in a Baden-Württemberg district and was elected. He was appointed Minister for Economic Affairs, a position he would hold for the next 14 years; from 1957 to 1963 he was also the second Vice-Chancellor of Germany.

A staunch believer in economic liberalism, Erhard joined the Mont Pelerin Society in 1950, and used this influential body of liberal economic and political thinkers to test his ideas for the reorganization of the West German economy.

At the same time, the government, following Erhard's advice, cut taxes sharply on moderate incomes. Walter Heller, a young economist with the U.S. occupation forces who was later to become chairman of President Kennedy's Council of Economic Advisers, wrote in 1949 that to "remove the repressive effect of extremely high rates, Military Government Law No. 64 cut a wide swath across the German tax system at the time of the currency reform." Individual income tax rates, in particular, fell dramatically. Previously the tax rate on any income over 6,000 Deutschmark had been 95 percent. After tax reform, this 95 percent rate applied only to annual incomes above 250,000 Deutschmark. For the West German with an annual income of about 2,400 Deutschmark in 1950, the marginal tax rate fell from 85 percent to 18 percent.

Ok, the Wirtschaftswunder is the last time i will refute your nonsense, since i honestly dont have the spare time to educate a willingly ignorant fool like you.

For the record: I was born in the 60s and am an inhabitant of Baden-Württemberg, so i had to chuckle a bit when someone like you tries to teach me stuff about ...my own country.

Erhard being "a staunch believer in liberalism":
Too bad you stuck to a rather bad, overly simplified and ultimately and incorrect translation,along with the false dichotomy i already told oyu about. It does not mean what you think it means. I bet you have heared that phrese before.
The original german term is, and translates to english literally as: "believer in social market economy". The technical term is "Ordoliberalism"

Ordoliberalism is the German variant of social liberalism that emphasizes the need for the state to ensure that the free market produces results close to its theoretical potential.

Ordoliberals separate themselves from classical liberals.

Ordoliberal theory holds that the state must create a proper legal environment for the economy and maintain a healthy level of competition (rather than just "exchange") through measures that adhere to market principles.

While the ordoliberal idea of a social market is similar to that of the third-way social democracy advocated by the likes of the New Labour government (especially during the premiership of Tony Blair), there are a few key differences. Whilst they both adhere to the idea of providing a moderate stance between socialism and capitalism, the ordoliberal social market model often combines private enterprise with government regulation to establish fair competition

While Erhard was minister of economics, he still had a boss: Chancellor Adenauer, who was even more "social" (and less liberal) than Erhard and did override Erhard on important decisions like the "Generationenvertrag". Still both would be rated as "hardcore commies" in your own black/white world of economic/politics.
You.need.to.learn.that.capitalism.vs.socialism.is.a.false.dichotomy.
Didnt i already tell you? Who dont you listen?

So, you are still stuck in false dichotomies and equivocation fallacies.

[Dmitry1983]

For the record: I was born in the 60s and am an inhabitant of Baden-Württemberg, so i had to chuckle a bit when someone like you tries to teach me stuff about ...my own country.

I'm teaching you about your economic model not your country. It's totally ok because most people in western countries have no idea how their economies work.

The original german term is, and translates to english literally as: "believer in social market economy". The technical term is "Ordoliberalism"

I'm ok with ordoliberalism since it includes sharp reduction in taxation.

[BrianSoddingBoru4]

He must have spent all of two brain cells wordsmithing that masterpiece of English.

That's all he could spare.  His other three cells are locked up in witch-hunt mode.

Boru

[GUBU]

third-way social democracy

I know it's not your term, but third way partiez have nothing to do with social democracy. Thru are very close to classical liberal parties of the 19th century, in that they combine turbo capitalist free market economics with a faked and very superficial concern for the people hurt by their policies.

---

He must have spent all of two brain cells wordsmithing that masterpiece of English.

That's all he could spare.  His other three cells are locked up in witch-hunt mode.

Boru

Don't you mean wirch hunt?

[BrianSoddingBoru4]

I know it's not your term, but third way partiez have nothing to do with social democracy.  Thru are very close to classical liberal parties of the 19th century, in that they combine turbo capitalist free market economics with a faked and very superficial concern for the people hurt by their policies.

---

That's all he could spare.  His other three cells are locked up in witch-hunt mode.

Boru

Don't you mean wirch hunt?

Apparently, it's been corrected for the t-shirt.

https://www.thedailybeast.com/john-olive...hunt-merch

(7 minutes, but worth it)

Boru

[Deesse23]

For the record: I was born in the 60s and am an inhabitant of Baden-Württemberg, so i had to chuckle a bit when someone like you tries to teach me stuff about ...my own country.

I'm teaching you about your economic model not your country. It's totally ok because most people in western countries have no idea how their economies work.

The original german term is, and translates to english literally as: "believer in social market economy". The technical term is "Ordoliberalism"

I'm ok with ordoliberalism since it includes sharp reduction in taxation.

Yeah, and taxation is irrelevant (like most things you say) to your original point of "capitalism = no social programs = big growth, and vice versa", which i refuted by pointing out Germanys economic model of post 1945, to which you replied with data of post 1975, which is irrelevant again.

You also claimed that China has an economic growth rate of 9,4% on average (without telling for which timeframe), which i showed to be untrue by pointing out that Chinas growth rate is under 10% and sinking for at least 10y. You also kept being silent after me pointing out that big growth is quite easy to achieve when you start of from a pretty low economic standard.

Want to go on more irrelevant tangents to your original points? Fine, but without me. I have wasted enough time with you already.

[Dmitry1983]

I'm teaching you about your economic model not your country. It's totally ok because most people in western countries have no idea how their economies work.

I'm ok with ordoliberalism since it includes sharp reduction in taxation.

Yeah, and taxation is irrelevant (like most things you say) to your original point of "capitalism = no social programs = big growth, and vice versa", which i refuted by pointing out Germanys economic model of post 1945

This model included low taxes.

You also claimed that China has an economic growth rate of 9,4% on average (without telling for which timeframe), which i showed to be untrue by pointing out that Chinas growth rate is under 10% and sinking for at least 10y.

I explained to you that low growth of world economy is caused by global financial crisis.

You also kept being silent after me pointing out that big growth is quite easy to achieve when you start of from a pretty low economic standard.

Brasil has same GDP per capita as China but their growth rate is 1% for last 10 years.
https://tradingeconomics.com/brazil/gdp-growth

[GUBU]

I'm teaching you about your economic model not your country. It's totally ok because most people in western countries have no idea how their economies work.

I'm ok with ordoliberalism since it includes sharp reduction in taxation.

Yeah, and taxation is irrelevant (like most things you say) to your original point of "capitalism = no social programs = big growth, and vice versa", which i refuted by pointing out Germanys economic model of post 1945, to which you replied with data of post 1975, which is irrelevant again.

You also claimed that China has an economic growth rate of 9,4% on average (without telling for which timeframe), which i showed to be untrue by pointing out that Chinas growth rate is under 10% and sinking for at least 10y. You also kept being silent after me pointing out that big growth is quite easy to achieve when you start of from a pretty low economic standard.

Want to go on more irrelevant tangents to your original points? Fine, but without me. I have wasted enough time with you already.

Dmitry's made of tangents.