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03 29, 24, 07:12:19:AM

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Biden Does NOT need a BILL to close the border
He only needs a PEN. Thats all he needed to open it.
Thats all he needed to close it. Thats all Trump needed.
Maybe this is just Proof Trump is better than Biden.

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 |  All Boards  |  Current Events  |  Topic: last generation of economic policies may have been a complete failure 0 Members and 1 Guest are viewing this topic.
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Author Topic: last generation of economic policies may have been a complete failure  (Read 17 times)
wvit1001
Sr. Member

Posts: I am a geek!!


« on: 05 27, 16, 11:41:42:AM » Reply

The International Monetary Fund thinks all that neoliberalism might've been too much of a good thing.

Neoliberalism — which IMF researchers Jonathan Ostry, Prakash Loungani, and Davide Furceri loosely define as the opening of economies to foreign capital along with a reduction in government debt burdens — has been the dominant trend in economic policymaking over the past 30 years.

This broad framework for thinking about economic policy encourages increasing privatization of investment and a reduced capacity for government's to rack up debts in the pursuit of faster growth.

The policies of Ronald Reagan and Bill Clinton in the US and Margaret Thatcher in the UK are often held up as the gold standard of neoliberalism at work.

But now it seems some at the IMF aren't so sure this tradition is all it's been cracked up to be. In their paper, Ostray, Loungani, and Furceri argue that these goals have both hampered the economic growth that neoliberalism champions and exacerbated the rise of inequality.

The pursuit of neoliberal policies, the IMF argues, by the international economic and political elite has led to what they call "three disquieting conclusions."

- The benefits in terms of increased growth seem fairly difficult to establish when looking at a broad group of countries.
- The costs in terms of increased inequality are prominent. Such costs epitomize the trade-off between the growth and equity effects of some aspects of the neoliberal agenda.
- Increased inequality in turn hurts the level and sustainability of growth. Even if growth is the sole or main purpose of the neoliberal agenda, advocates of that agenda still need to pay attention to the           distributional effects.


http://www.businessinsider.com/imf-neoliberalism-warnings-2016-5
D2D
Republicans believe every day is the fourth of July! Democrats believe every day is April 15!
Sr. Member

Posts: I am a geek!!

#SayHisName Cannon Hinnant


« Reply #1 on: 05 28, 16, 06:10:39:AM » Reply

Liberalism is why the EU is an economic basket case!

It is also why Venezuela is collapsing!

Eventually you run out of other peoples money!
DaBoz
Contributor
Sr. Member

Posts: 41944

Obama shit on Blacks, They are Arab toilets.


« Reply #2 on: 05 28, 16, 06:16:00:AM » Reply

Fiat money always fails, combine it with Socialists, and it is a road to doom in any economy.
DaBoz
Contributor
Sr. Member

Posts: 41944

Obama shit on Blacks, They are Arab toilets.


« Reply #3 on: 05 28, 16, 06:25:53:AM » Reply

In recent weeks bank shares have fallen precipitously and selloffs are occurring in Spain, Italy, Greece and Germany. Economic troubles are intensified by an uncertain geopolitical situation in the Middle East and tensions between the United States, Russia and China.
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