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Warbling J Turpitude's avatar

i salute the evermore succinct, savourably summary deliveries of (i know not your military rank) TMG. One thing i need you to break down for me: when the Economist uses what for me remains at the level of its jargon, to wit "a third of America's output per person", what does this *output* per individual person consist in? How and by what is it measured? Does it have everything to do with...how much tax paid? How much product shifted through a person's actual hands, or what? Dejargonify me, if you please

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Kafr Dhimmi's avatar

A ascendant utopian socialist society lifts all boats until they run out of other people’s money.

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Jerome's avatar

Lots of good commentary in your analysis, but I think all articles about Trump policies ought to acknowledge, with thanks, that he's attacking the $36T+ national debt - which needs doing.

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Steve Fleischer's avatar

I am struck by how similar the economic positions of the American left are to that of the Nazis.

Ironically, few stop to think about how decisively the western allies outproduced Germany. (There is convincing evidence that Canada alone produced more trucks than Germany).

But few expect rational economic thought from the American left.

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Thomas M Gregg's avatar

Yes, I think the term of art is “command economy”: not centrally planned down to the last detail but centrally directed.

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