Chinese business Magnate Jack Ma Slaughters Donald trump For Failing to Understand How Finance works

[mfcorey1]

Drumpf opens his mouth and looks like a.......

[dlk]

1. Ma Has a Point

[dixiegrrrrl]

2. Extrememly well said!

[Angry Dragon]

3. kick

[Frustratedlady]

4. He's pointing out what the Repubs insist on doing, which is wrong, and where our attention

should be concentrated. Infrastructure, for one. It is shameful how much money we have lost due to the Republican theories. I''m sure the Democrats have screwed up, as well, but nothing like them. Their whole attitude toward maintaining a viable economy is flawed. Very interesting.

[Bernardo de La Paz]

8. One thing deliberately forgotten by people saying gubmnt should be run like a business

Originally posted here:
https://www.democraticunderground.com/?com=view_post&forum=1014&pid=1774044

They deliberately do not say that one of the main principles of business it that you make money by spending money.

A well run government spends taxpayer money to support taxpayers so they can be productive and earn greater prosperity and enjoy life more. Good government spends on:

* Education so people have skills and wisdom (understanding) to be really productive.
* Health care so that illness is prevented, alleviated quickly, and people can spend more time gaining prosperity.
* Environment so that people are not debilitated by pollution.
* Consumer protection so that people don't have their life savings taken by crooks.
* Productive infrastructure such as public transportation for efficient movement of goods and services and people.

When you invest in the well-being of the People of the USA, the country remains competitive and a great place to live.

Also:
Raise taxes and lower spending when the economy is good.
Lower taxes and raise spending when the economy is bad and needs stimulus.

Democrats know this, but Republicons are aways on about lowering taxes no matter what, so they therefore spend up huge deficits.

[Eko]

6. No one stole our jobs.

US business decided to move them away, and the lie of "steal your job" helped redirect the anger away to the "foreign people".

[Eko]

10. Politicans were not ok with it.

Some, mostly Democratic ones were against it, the others weren't ok with it, that is what they wanted.

[Eko]

12. Plenty of economists

that are not partisan disagree with you on your assumptions. I would argue with you but I've learned never to argue with a populist nationalist, even those with a progressive worldview.

[keithbvadu2]

7. They took our jobs!