Why do the tea party blame the public sector for the recession?

[Amorphos]

Why do the tea party blame the public sector for the recession?

I was watching a documentary about the tea party the other day, and they all seamed to blame the state aka the public sector for their problems. They seam to think that the cost of living in a civilised society is what caused the economic problems, and yet we all know that it is the people at the top of the ‘private sector’ who caused it.
Seams to me that they are a bunch of ‘I’m alright jack’ types, who think individual freedom is all that’s required to ‘put things right’? well what do they think is right ~ a virtually barbaric society which punishes the unfortunate, but that doesn’t matter as long as they are ok?

How about, take austerity measures on the private sector! The public sector provides services just as the private sector does, the only difference is in the way we pay for it. I would not initially be against full privatisation, but if you do that it simply changes the way we pay for the services which make our nations what they are. Instead of level payment and returns, you just get hierarchies, one can offset the disadvantages of this if the top end pay more to compensate for the lower end, but it rarely works out like that ~ a fact we can see in how Americas healthcare was [perhaps still is, I don’t know?].

What is the worth of your vote!? We cannot vote for banks, corporate business nor can we have any effect on wages that fat cats and that which bosses generally give themselves. If you shrink the state your vote is worth less comparatively… that is if the power of the govt is equally reduced. We need a strong state/govt to give accountability to those whom have even more power than the state [banks ect], if our governments just consider the private sector untouchable they become flaccid and weak, ‘the man’ [banks etc] then has too much power and goes off playing roulette with the money [much of which originated from the people], that’s what happened! That is what caused the recession! The state was fine before the recession, it gave us the higher civilisation we had, it is down to the people who caused this mess to ‘put it right’.

Also, if we reduce the state then do we not reduce average wages even further, the private sector is increasingly moving towards mass MW or thereabouts, the middle classes are shrinking as corporations get larger yet it is they who yield the most buying power, if you grow the middle class you grow the economy. Money is generally being filtered to the top while wages are being generally squeezed towards the bottom, is that what kind of society we want to live in?

[magickyleo101]

Because they crazy.

[ShockBlast]

Well i guess because they don't know how things work.The public sector might be ineffcient but it couldn't trigger the recession because it didn't have anything to do with the housing bubble and the fact that banks where giving money too easy to the population.
It was the private sector's fault for reasons stated above and also the state's fault because it didn't do it's damn job : REGULATING THE ECONOMY ,that is why we have damn laws and the system is called mixed market economy and not free market economy.

Great answer. But technically they were correct because the deregulation policies of the last ten years partly led to the economic collapse propagated by the private-for-profit sector.

Public sector means the means of production and services provided by the state not the policies that were used by the state.Yes it was the policies but not the public sector.

[Amorphos]

technically they were correct because the deregulation policies of the last ten years partly led to the economic collapse propagated by the private-for-profit sector.

I’m sorry I don’t understand american politics [god I sound like a tea party member ], what happened?

It was the private sector's fault for reasons stated above and also the state's fault because it didn't do it's damn job : REGULATING THE ECONOMY ,that is why we have damn laws and the system is called mixed market economy and not free market economy.

For sure, but everyone these days seams to not want the govt to be involved [esp tea pty] ~ an increasing trend I fear. I thought the banks wanted everyone in debt, I presume they over did it a tad.

[ShockBlast]

For sure, but everyone these days seams to not want the govt to be involved [esp tea pty] ~ an increasing trend I fear. I thought the banks wanted everyone in debt, I presume they over did it a tad.

Only the the left can get an economy out of recession the right will make you outlive it.
You don't have to have a PHD in Economics to know this.

I wouldn't go as far as saying the banks wanted us in debt,they just when after the profit without thinking about the side effects.

[Phier]

Only the the left can get an economy out of recession the right will make you outlive it.
You don't have to have a PHD in Economics to know this.

I wouldn't go as far as saying the banks wanted us in debt,they just when after the profit without thinking about the side effects.

You might not need a PHD in economics to know that but you do have to live in some sort of fantasy land where taxation and government spending is more efficient than free trade at economic growth.

[Phier]

How about, take austerity measures on the private sector!

This really makes my brain hurt. Not because its thinking but because its trying desperately to unread it.

Your logic is that the more government the better because the more your vote controls? So the best government would be 100% state control of everything?

The problem is the corruption and gross efficiency of the government when it comes to production, spending, oversight of itself, etc.

For example, I'm not an Area 51 nut, but there were valid complaints of long term health issues worker there had due to the burning of toxic substances. Being its the government president Clinton was able to end the suit by making it a national security mater that the courts had no jurisdiction over. A private company would have been sued for millions.

My wife was hit by a post office semi truck that damn near killed her. A private driver and company would have been out 30k dollars minimum for the damages to her car and herself. The post office simply says they are the government you can't sue us for damages, poof gone.

Thats just self oversight.

Do we really need to explain how people are inefficient in spending other peoples money where there is no bottom line you need to worry about? Hell I recall the big ordering time at my university was before the next budget because if they didn't spend their entire budget they were afraid they wouldn't get the same amount of money next year! Thats what happens when its not based on need but a government bureaucracy.

The tea party doesn't really blame the recession on the public sector beyond Clinton tinkering with the loans, but it does blame the government for how its tried to get us OUT of the recession. First with TARP, then with the 'stimulus' now with devaluing our currency.

[Darth_Revan]

Because they crazy.

[MathiasOfAthens]

Great answer. But technically they were correct because the deregulation policies of the last ten years partly led to the economic collapse propagated by the private-for-profit sector.

[Dr. Croccer]

You might not need a PHD in economics to know that but you do have to live in some sort of fantasy land where taxation and government spending is more efficient than free trade at economic growth.

You do have to live in a fantasy land to think that moderate tax cuts and a prayer can revive a severely depressed economy.

[Amorphos]

You do have to live in a fantasy land to think that moderate tax cuts and a prayer can revive a severely depressed economy.

Indeed. Pay a man to dig a hole and fill it back up again, is the general way forwards I thought. Make more unemployed and you shrink the wage base and hence slow growth?

[Boyar Son]

Why do the tea party blame the public sector for the recession?

Ask them where they get their news. Wonder which news station has bashed the government and unions with holy fervor for the last few years.

Though the Tea Party is against what they call "wall street thugs" and their bail out.

[Dr. Croccer]

Ask them where they get their news. Wonder which news station has bashed the government and unions with holy fervor for the last few years.

Though the Tea Party is against what they call "wall street thugs" and their bail out.

Because those were the unscrupulous plutocrats who got bailouts, whilst the Tea Party is largely composed of the unscrupulous plutocrats who didn't get bailouts, or wanted to profit from the collapse of those saved by bail-outs.

[Boyar Son]

Because those were the unscrupulous plutocrats who got bailouts, whilst the Tea Party is largely composed of the unscrupulous plutocrats who didn't get bailouts, or wanted to profit from the collapse of those saved by bail-outs.

Yep. Their banks and businesses were saved, shouldn't that satisfy the Tea Party who constantly calls for free market better and treatment for big business

[Dr. Croccer]

You are confusing the right with some sort of robber baron mentality.

At least the Robber Baron mentality had logic in it.

[Enemy of the State]

Well i guess because they don't know how things work.The public sector might be ineffcient but it couldn't trigger the recession because it didn't have anything to do with the housing bubble and the fact that banks where giving money too easy to the population.

Ever heard of the Federal Reserve controlling interest rates? They created the bubble.

[chilon]

Ever heard of the Federal Reserve controlling interest rates? They created the bubble.

Indeed.

And who was in charge of the Fed Res interest rates that created the bubble?
Alan Greenspan.

And what was Greenspan's philosophy behind his decision making?
Pure Laissez-faire economics.

And how did that work out?
We all know.


Also important to note is the Federal Reserve is not part of American Constitutional Government. It is a quasi-public corporation whose stakeholders are financial institutions many of which are foreign not domestic American institutions.

[Phier]

At least the Robber Baron mentality had logic in it.

Unlike what?

[Dr. Croccer]

Unlike what?

The Liberal voodoo economics which assume that the economy is a regenerating entity that can be saved within a short time with a few tax cuts.

[Phier]

The Liberal voodoo economics which assume that the economy is a regenerating entity that can be saved within a short time with a few tax cuts.

Ah well we will have to disagree.

Its not 'saved' by tax cuts btw, tax cuts just accelerate the process, its saved by people just doing what they do naturally.