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HEY CONSERVATARDS: EXPLAIN YOUR OPPOSITION TO KEYNESIAN ECONOMIC

http://www.bloomberg.com/news/2012-02-09/columbia-s-sachs-sa...
slim_shady_man  02/09/12
sachs is even more left wing than krugman you dumbshit
,.,...,..,.,.,;:,.:,.,.,::,..,..,:,.,.:.:.,:.::,.  02/09/12
Sachs fucked up with his Russian revival argument in the 90'...
slim_shady_man  02/09/12
TBF the SHOCK (therapy) doctrine worked pretty well for Czec...
.,.,..,...,..,:,,:,,...,:::,...,:,;,.:...:.,:.::,;  02/09/12
Source for claim?
slim_shady_man  02/09/12
Nobody is opposed to it per se. It just does not work. Am I ...
Cow goes Moo  02/09/12
Do you think economists just decide the optimal level of gov...
slim_shady_man  02/09/12
You are the dumbest fucking poster on this site. Kill yourse...
...,,.,..,,..........,,,.,.,....,,....,.........,  02/09/12
Spending now, austerity later is what this economy needs. To...
:D  02/09/12
Why, brother? Can you provide a couple cogent reasons to but...
slim_shady_man  02/09/12
Economies are depressed by lack of investment or lack of dem...
:D  02/09/12
What about the broken glass fallacy, brother?
slim_shady_man  02/09/12
Productivity improvements help everyone. That glassmaker can...
:D  02/09/12
hires dude to dig ditch than cover it.
NihilismSuperTroll  02/09/12
...
slim_shady_man  02/11/12
death panels or actually tax billionaires.
Pat the Cat  02/09/12
or how about we stop giving free shit to poors who don't wor...
NihilismSuperTroll  02/09/12
so fucking tired of this conservative bogeyman. you think al...
.,.,.,,,.,.,.,.,.,..,,.,.,.,,,,,...,...,.,..,..,..  02/09/12
tcr
........... ............ ............  02/10/12
That's not what he said shitlib
NO_LIMIT_GINGER  02/10/12
MFE (not sarcasm)
,..,.,.,.,.,.,..,.,.,.,.,.,..,.,.,.,.,..,.,.,.,.,.  02/09/12
I hate Keynes esp. on full employment, but if you think we n...
NihilismSuperTroll  02/09/12
Thoughts on Krugman's economics?
slim_shady_man  02/09/12
As an economist, he's a great writer Kidding aside, as fa...
NihilismSuperTroll  02/09/12
Example? Also, are you opposed to a social safety net? Do yo...
slim_shady_man  02/09/12
He's a proponent of hudson river school economics e.g. Bizar...
NihilismSuperTroll  02/09/12
What explains the persistence of poverty in America?
slim_shady_man  02/09/12
The identity politics game and American black culture as a w...
NihilismSuperTroll  02/09/12
Why is healthcare free in the Scandinavian countries?
slim_shady_man  02/09/12
The explanation is cultural. They'd rather have more benefit...
Crossfit bro stylin on partner in moment of hubris  02/10/12
Racial inequality and its cumulative nature certainly are at...
.,.,.,.,.,.....`...,.,.,`.,...,'  02/09/12
because poverty is a social construct. the poors in America...
thus_spoke_puff  02/10/12
...
itwasonthatdayiputajihadonthem  02/10/12
His support for unions in nauseating but otherwise good. Giv...
:D  02/09/12
I'm a fan of his union support.
NihilismSuperTroll  02/09/12
(mafia)
:D  02/09/12
you just make things up. you don't know what you are talking...
wgwaG  02/09/12
Bad idea if you don't cut spending in the future. Dems made ...
:D  02/09/12
...
slim_shady_man  04/17/12
it's just gone too far. dems these days act like every econo...
,,,...,,......,,....  02/09/12
Ummmm..austerity measures (slashing important social safety ...
slim_shady_man  02/09/12
*defaults*
.,.,,...;.;,.,.,:,,:,...,:;:,..,,:,.,.:..:.,:.::,.  02/09/12
thoughts on Keynesian economics?
slim_shady_man  02/09/12
i'm dumb, dooder. hence the one-liner.
.,.,,...;.;,.,.,:,,:,...,:;:,..,,:,.,.:..:.,:.::,.  02/09/12
"they should have spent more" yeah, they've bee...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  02/10/12
http://www.nytimes.com/2012/02/10/business/global/breakthrou...
slim_shady_man  02/10/12
What's you point? Overpaid workers got pay cuts? Stupid ...
NO_LIMIT_GINGER  02/10/12
reduction of minimum wage and the social safety net, transla...
slim_shady_man  02/10/12
You need to understand something: The debt-fueled binge up u...
Cow goes Moo  02/10/12
Why do we have to cut into social safety net basics (like mi...
slim_shady_man  02/10/12
First, for anyone who is not an economic illterate, the min ...
Cow goes Moo  02/10/12
Can you talk about military spending in America? Does it hav...
slim_shady_man  02/10/12
Gov't spending is never a "stimulus" because it ha...
Cow goes Moo  02/10/12
So do you think it's the government's duty to address povert...
slim_shady_man  02/10/12
Inanimate market forces have enriched Chinese living in pove...
NO_LIMIT_GINGER  02/10/12
sOURCE? There are millions of Chinese people still in povert...
slim_shady_man  02/10/12
Have you been living under a rock for 20 years? If you're t...
NO_LIMIT_GINGER  02/10/12
China has about 150 million people living below the United...
slim_shady_man  02/10/12
You're stupid or a troll. These numbers are an amazing imp...
NO_LIMIT_GINGER  02/10/12
"unjust distributions" I do not know what this ...
Cow goes Moo  02/10/12
Where do you stand on the issue of income inequality? Do you...
slim_shady_man  02/10/12
a) Market forces are not "inanimate" the market is...
Cow goes Moo  02/10/12
I usually agree with you but if govt spending was zero, I wo...
NO_LIMIT_GINGER  02/10/12
Yea, the dicussion is in the context of gov't social program...
Cow goes Moo  02/10/12
I think u and I are bros, bro. SSM hasn't read Bastiat, thou...
Crossfit bro stylin on partner in moment of hubris  02/10/12
Yes I have, brother. I've read the broken window fallacy arg...
slim_shady_man  02/10/12
"hasn't read bastiat." your familiarity w one of h...
Crossfit bro stylin on partner in moment of hubris  02/10/12
How do you see the relevance of the broken window fallacy to...
slim_shady_man  02/10/12
We probs agree on the broken window fallacy and the relevanc...
Crossfit bro stylin on partner in moment of hubris  02/10/12
who is your intellectual godfather, brother?
slim_shady_man  02/10/12
Dr. Seuss
Crossfit bro stylin on partner in moment of hubris  02/10/12
180, brother. I seriously meant it. Mine is Theodoro ...
slim_shady_man  02/10/12
Cannot most of the world's ills be more effectively examined...
Crossfit bro stylin on partner in moment of hubris  02/10/12
Give an example for illustration purposes?
slim_shady_man  02/10/12
On the issue of genocide: "A person's a person, no matt...
Crossfit bro stylin on partner in moment of hubris  02/10/12
Thoughts on Gramsci?
slim_shady_man  02/10/12
"One fish two fish red fish blue fish."
Crossfit bro stylin on partner in moment of hubris  02/10/12
...
slim_shady_man  06/14/12
When you take candy away from children, they get mad shitlib...
NO_LIMIT_GINGER  02/10/12
can i make a joke about how i dont take economic advice from...
there's a wocket in my pocket  02/10/12
Most conservatives who claim to be anti-Keynesian are advoca...
michael yidd-killchrist  02/11/12


Poast new message in this thread



Reply

Date: February 9th, 2012 8:39 PM
Author: slim_shady_man

http://www.bloomberg.com/news/2012-02-09/columbia-s-sachs-says-krugman-is-crude-keynesian-on-spending-tom-keene.html

“Paul has a powerful bully pulpit in his New York Times column, and he’s been on one theme for three years,” Sachs said. Krugman has “under-emphasized the risks of growing debt, he’s over-asserted what we really know about the effects of these policies and he has underestimated the long-term need for public-sector change and reform,” Sachs said.

“Krugman has staked out a rather crude Keynesian position and unrelentingly so,” Sachs said today, referring to John Maynard Keynes, the British economist who advocated government spending to spur economic growth during the Great Depression. Krugman “knows one thing, which is stimulus, stimulus, stimulus and expand deficit spending,



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933319)



Reply

Date: February 9th, 2012 8:41 PM
Author: ,.,...,..,.,.,;:,.:,.,.,::,..,..,:,.,.:.:.,:.::,.

sachs is even more left wing than krugman you dumbshit

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933332)



Reply

Date: February 9th, 2012 8:42 PM
Author: slim_shady_man

Sachs fucked up with his Russian revival argument in the 90's.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933337)



Reply

Date: February 9th, 2012 9:13 PM
Author: .,.,..,...,..,:,,:,,...,:::,...,:,;,.:...:.,:.::,;

TBF the SHOCK (therapy) doctrine worked pretty well for Czech and Poland among others.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933520)



Reply

Date: February 9th, 2012 9:27 PM
Author: slim_shady_man

Source for claim?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933587)



Reply

Date: February 9th, 2012 8:42 PM
Author: Cow goes Moo

Nobody is opposed to it per se. It just does not work. Am I opposed to "cleaning" your car with grease?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933334)



Reply

Date: February 9th, 2012 8:45 PM
Author: slim_shady_man

Do you think economists just decide the optimal level of government spending on the basis of a rough notion of fairness?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933352)



Reply

Date: February 9th, 2012 9:12 PM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

You are the dumbest fucking poster on this site. Kill yourself.

(For those following along at home, no it's not brilliant play dumb shtick either).

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933516)



Reply

Date: February 9th, 2012 8:46 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

Spending now, austerity later is what this economy needs. To believe otherwise is idiotic.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933356)



Reply

Date: February 9th, 2012 8:47 PM
Author: slim_shady_man

Why, brother? Can you provide a couple cogent reasons to buttress your argument? I am naturally sympathetic to your claim. Thanks

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933366)



Reply

Date: February 9th, 2012 8:50 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

Economies are depressed by lack of investment or lack of demand. Interest rates are 0 so it ain't lack of investment. Consumers won't spend because they are fearful they will lose their jobs, which depresses the economy more. We are now in a vicious cycle. Luckily the government has a printing press and can get roads and shit built that we are going to need in the future anyway to stimulate demand. This deficit spending is fine if you have Medicare death panels in place in the future. Dems have been completely unserious about that though.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933378)



Reply

Date: February 9th, 2012 8:51 PM
Author: slim_shady_man

What about the broken glass fallacy, brother?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933385)



Reply

Date: February 9th, 2012 8:54 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

Productivity improvements help everyone. That glassmaker can move on to more produtive profession. We could have full employment if we went Pol Pot and swung scythes in the wheat fields, but that would be dumb.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933405)



Reply

Date: February 9th, 2012 9:00 PM
Author: NihilismSuperTroll

hires dude to dig ditch than cover it.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933441)



Reply

Date: February 11th, 2012 11:33 AM
Author: slim_shady_man



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19942465)



Reply

Date: February 9th, 2012 8:57 PM
Author: Pat the Cat (seven)

death panels or actually tax billionaires.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933417)



Reply

Date: February 9th, 2012 8:59 PM
Author: NihilismSuperTroll

or how about we stop giving free shit to poors who don't work and commit crimes?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933436)



Reply

Date: February 9th, 2012 9:25 PM
Author: .,.,.,,,.,.,.,.,.,..,,.,.,.,,,,,...,...,.,..,..,..

so fucking tired of this conservative bogeyman. you think all 300,000 people who make new unemployment claims every fucking week are criminals who don't work?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933579)



Reply

Date: February 10th, 2012 12:09 AM
Author: ........... ............ ............

tcr

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19934968)



Reply

Date: February 10th, 2012 9:42 AM
Author: NO_LIMIT_GINGER

That's not what he said shitlib

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936400)



Reply

Date: February 9th, 2012 8:47 PM
Author: ,..,.,.,.,.,.,..,.,.,.,.,.,..,.,.,.,.,..,.,.,.,.,.

MFE (not sarcasm)

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933369)



Reply

Date: February 9th, 2012 8:50 PM
Author: NihilismSuperTroll

I hate Keynes esp. on full employment, but if you think we need austerity now that's insane.

Thoughts on social credit? I saw a refernce to it in Keynes and now I'm going on a SC/guild soc binge

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933379)



Reply

Date: February 9th, 2012 8:53 PM
Author: slim_shady_man

Thoughts on Krugman's economics?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933398)



Reply

Date: February 9th, 2012 8:54 PM
Author: NihilismSuperTroll

As an economist, he's a great writer

Kidding aside, as far as NYT Op/ed columnists go, he borders on tolerable.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933401)



Reply

Date: February 9th, 2012 8:55 PM
Author: slim_shady_man

Example? Also, are you opposed to a social safety net? Do you think conservatives are right for calling for the elimination of things like TANF?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933406)



Reply

Date: February 9th, 2012 8:59 PM
Author: NihilismSuperTroll

He's a proponent of hudson river school economics e.g. Bizarro Laffer.

Safety net, no, not at all. Fine with that. Universal HC too. Free shit for people who have no intention of working and commit crimes, that I tend to oppose.

I have mixed feelings on TANF. I'll tell you where we do cut - schools in urban neighborhoods and BOOMER pensions. Sentry turret for the former, death panels for the latter.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933428)



Reply

Date: February 9th, 2012 9:01 PM
Author: slim_shady_man

What explains the persistence of poverty in America?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933451)



Reply

Date: February 9th, 2012 9:02 PM
Author: NihilismSuperTroll

The identity politics game and American black culture as a whole (though it's not just blacks).

Specifically, if you mean the Gini, we can never adequately institute socialism because of cultural and ethnic heterogeneity more broadly. Look at european countries with high Gini and strong (not communistic) socialisms. All scandanavian. All collectivistic. All one race/culture.

God forbid I ever say that in public though.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933456)



Reply

Date: February 9th, 2012 9:20 PM
Author: slim_shady_man

Why is healthcare free in the Scandinavian countries?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933553)



Reply

Date: February 10th, 2012 5:02 PM
Author: Crossfit bro stylin on partner in moment of hubris

The explanation is cultural. They'd rather have more benefits and pay for them than less benefits and more takehome. However, the Scandinavian paradise is fading due to an influx of immigrants flooding the entitlement system. natural born swedes don't want to pay for immigrant benefits.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938334)



Reply

Date: February 9th, 2012 9:30 PM
Author: .,.,.,.,.,.....`...,.,.,`.,...,'

Racial inequality and its cumulative nature certainly are at play here.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933603)



Reply

Date: February 10th, 2012 6:46 AM
Author: thus_spoke_puff

because poverty is a social construct. the poors in America are doing quite well.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936130)



Reply

Date: February 10th, 2012 12:24 PM
Author: itwasonthatdayiputajihadonthem



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936925)



Reply

Date: February 9th, 2012 8:55 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

His support for unions in nauseating but otherwise good. Give him credit for ripping Bush from day 1.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933409)



Reply

Date: February 9th, 2012 8:59 PM
Author: NihilismSuperTroll

I'm a fan of his union support.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933432)



Reply

Date: February 9th, 2012 9:08 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

(mafia)

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933497)



Reply

Date: February 9th, 2012 9:00 PM
Author: wgwaG

you just make things up. you don't know what you are talking about.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933439)



Reply

Date: February 9th, 2012 8:47 PM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)

Bad idea if you don't cut spending in the future. Dems made it clear they won't cut Medicare ever, even when it's 20% of GDP.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933367)



Reply

Date: April 17th, 2012 6:08 PM
Author: slim_shady_man



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#20484438)



Reply

Date: February 9th, 2012 9:07 PM
Author: ,,,...,,......,,....

it's just gone too far. dems these days act like every economic problem can be solved w/ some government spending. how's japan, greece doing with that?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933483)



Reply

Date: February 9th, 2012 9:13 PM
Author: slim_shady_man

Ummmm..austerity measures (slashing important social safety net benchmarks) has caused immense social upheaval and increase in poverty. its not helping in Greece. They should have spent more.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933522)



Reply

Date: February 9th, 2012 9:20 PM
Author: .,.,,...;.;,.,.,:,,:,...,:;:,..,,:,.,.:..:.,:.::,.

*defaults*

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933558)



Reply

Date: February 9th, 2012 9:21 PM
Author: slim_shady_man

thoughts on Keynesian economics?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933560)



Reply

Date: February 9th, 2012 9:47 PM
Author: .,.,,...;.;,.,.,:,,:,...,:;:,..,,:,.,.:..:.,:.::,.

i'm dumb, dooder. hence the one-liner.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933711)



Reply

Date: February 10th, 2012 7:33 AM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

"they should have spent more"

yeah, they've been spending like there's no tomorrow for years. that's why greece has the largest debt relative to GDP in the entire world. their ridiculous spending was what got them into this mess in the first place. spending MOAR, especially when they're about to default by the bunches, is retarded. you seem dumb.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936141)



Reply

Date: February 10th, 2012 9:45 AM
Author: slim_shady_man

http://www.nytimes.com/2012/02/10/business/global/breakthrough-on-austerity-cuts-clears-way-for-greek-deal.html?_r=1&ref=world

In a highly political climate ahead of elections expected as early as April, the leaders agreed to a range of unpopular measures, including cutting the minimum wage on which all private-sector contracts are based by 22 percent — 30 percent for workers under 25. This in a country where average wages have dropped 15 percent since 2009, after having risen by that amount in the relatively prosperous years between 2004 and 2009, according to a study by the Bank of Greece.

They also agreed to shorten the terms of collective bargaining agreements, freeze private sector salary increases until unemployment drops below 10 percent from its current 19 percent, loosen job protections in the public sector and by the end of 2015 cut 150,000 jobs from the government payroll of 800,000.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936410)



Reply

Date: February 10th, 2012 9:47 AM
Author: NO_LIMIT_GINGER

What's you point? Overpaid workers got pay cuts? Stupid shitlib.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936417)



Reply

Date: February 10th, 2012 9:49 AM
Author: slim_shady_man

reduction of minimum wage and the social safety net, translate into a greater number of Greeks descending into a state of poverty and destitution. How the fuck is that rejuvenating the economy, tard?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936426)



Reply

Date: February 10th, 2012 9:54 AM
Author: Cow goes Moo

You need to understand something: The debt-fueled binge up until 2009 was unsustanable. A drop in the wages and standards of living of most people has to come in order to cleanse the system. The question is whether you want it to be short or pro-longed, 1921 or 1929, you tell me.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936436)



Reply

Date: February 10th, 2012 9:58 AM
Author: slim_shady_man

Why do we have to cut into social safety net basics (like minimum wage)? Why not require the Greeks cut military spending or reduce its spiraling bureaucratic infrastructure? Why do we have to harm the ordinary citizen? What ever happened to justice?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936444)



Reply

Date: February 10th, 2012 10:01 AM
Author: Cow goes Moo

First, for anyone who is not an economic illterate, the min wage does nothing but hurt the lower classes. It is a tool used by unions to boolster their own power at the expense of unskilled labour. Maybe pick Healthcare or something next time.

The perfect video for an eco-newbie:

http://www.youtube.com/watch?v=IFbYM2EDz40

Second, you will not find me disputing the cutting of military spending, but I think that for Greece, it is the social shit that is killing them (unlike in America, where military spending is indeed a tangible drain).

Finally, do not throw words like "justice" around. Unless you define them, they are meaningless emotionally-loaded terms.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936454)



Reply

Date: February 10th, 2012 10:04 AM
Author: slim_shady_man

Can you talk about military spending in America? Does it have an economic stimulus by giving ordinary Americans work? What about the military industrial complex?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936461)



Reply

Date: February 10th, 2012 10:08 AM
Author: Cow goes Moo

Gov't spending is never a "stimulus" because it has to suck up the resources from someone/somwhere else. Infact it is the opposite because the gov't tends to be horribly inefficient with how to utilizes these resources ($600 toliet seats anyone?). I am on the fence about which is worse, social or military spending. Both are far worse than if the gov't just used taxpayer money to dig and re-fill ditches. With military spending, you blow the money, but you also anger alot of people around the world. With Social spending, you blow the money, but you also subsidize and encourage non-production and poverty. Tough call.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936470)



Reply

Date: February 10th, 2012 10:10 AM
Author: slim_shady_man

So do you think it's the government's duty to address poverty and income inequality? How can inanimate market forces rectify unjust distributions of wealth?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936482)



Reply

Date: February 10th, 2012 10:18 AM
Author: NO_LIMIT_GINGER

Inanimate market forces have enriched Chinese living in poverty.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936502)



Reply

Date: February 10th, 2012 10:19 AM
Author: slim_shady_man

sOURCE? There are millions of Chinese people still in poverty. Abject poverty?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936506)



Reply

Date: February 10th, 2012 10:40 AM
Author: NO_LIMIT_GINGER

Have you been living under a rock for 20 years? If you're too stupid to see or google Econ data on how many people have been lifted out of poverty In china due to global capitalism, I'm not going to continue this.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936575)



Reply

Date: February 10th, 2012 10:46 AM
Author: slim_shady_man

China has about 150 million people living below the United Nations poverty line of one US dollar a day.

[ Wikipedia “Income Inequality in China”; China Development Research Foundation Feb 2011 report ]

Nearly 500 million Chinese people live on less than $2 a day.

[ BBC News “Millions 'left behind' in rural China” May 12, 2010 ]

85% of China’s poor live in rural areas, with about 66% concentrated in the country’s west.

[China Development Research Foundation Feb 2011 report ]



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936598)



Reply

Date: February 10th, 2012 10:55 AM
Author: NO_LIMIT_GINGER

You're stupid or a troll. These numbers are an amazing improvement over what it was 30 years ago.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936638)



Reply

Date: February 10th, 2012 10:19 AM
Author: Cow goes Moo

"unjust distributions"

I do not know what this is. Stop just throwing around words like that.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936505)



Reply

Date: February 10th, 2012 10:24 AM
Author: slim_shady_man

Where do you stand on the issue of income inequality? Do you think it is a natural result of inanimate market forces?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936523)



Reply

Date: February 10th, 2012 11:01 AM
Author: Cow goes Moo

a) Market forces are not "inanimate" the market is each and every one of us. It is organic.

b) My stand on income inequality is the same as my stand on height inequality or weight inequality; So, what?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936656)



Reply

Date: February 10th, 2012 10:14 AM
Author: NO_LIMIT_GINGER

I usually agree with you but if govt spending was zero, I would say building a DEFENSIVE military, court systems to enforce contracts, and a police force would be a stimulus. Agreed, at this level of spending, no more spending is stimulative, and counter-productive.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936490)



Reply

Date: February 10th, 2012 10:18 AM
Author: Cow goes Moo

Yea, the dicussion is in the context of gov't social programs and such, not the justice system. Many good people would agree with your opinion re: Gov't expenditure on courts/police/defense as being legitimate and helpful.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936503)



Reply

Date: February 10th, 2012 3:19 PM
Author: Crossfit bro stylin on partner in moment of hubris

I think u and I are bros, bro. SSM hasn't read Bastiat, though..

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19937867)



Reply

Date: February 10th, 2012 4:31 PM
Author: slim_shady_man

Yes I have, brother. I've read the broken window fallacy argument vis a vis Iraq War 2003.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938178)



Reply

Date: February 10th, 2012 4:57 PM
Author: Crossfit bro stylin on partner in moment of hubris

"hasn't read bastiat." your familiarity w one of his better known contributions doesn't mean anything. Have you read economic sophisms or the law? Guaranteedly the answer is no, because if it were yes, this thread wouldn't exist.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938320)



Reply

Date: February 10th, 2012 5:01 PM
Author: slim_shady_man

How do you see the relevance of the broken window fallacy to the Iraq War 2003? Thanks

No, I've never read those works. Can you recommend which one?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938330)



Reply

Date: February 10th, 2012 5:06 PM
Author: Crossfit bro stylin on partner in moment of hubris

We probs agree on the broken window fallacy and the relevance to the Iraq war is self apparent brother. I'd recommend the law, or Hazlitt who draws influence from bastiat and is eminently readable.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938340)



Reply

Date: February 10th, 2012 5:09 PM
Author: slim_shady_man

who is your intellectual godfather, brother?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938351)



Reply

Date: February 10th, 2012 5:12 PM
Author: Crossfit bro stylin on partner in moment of hubris

Dr. Seuss

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938367)



Reply

Date: February 10th, 2012 5:13 PM
Author: slim_shady_man

180, brother.

I seriously meant it.

Mine is Theodoro Adorno and Antonio Gramsci.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938372)



Reply

Date: February 10th, 2012 5:29 PM
Author: Crossfit bro stylin on partner in moment of hubris

Cannot most of the world's ills be more effectively examined through the lens of Seussian axioms?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938452)



Reply

Date: February 10th, 2012 5:31 PM
Author: slim_shady_man

Give an example for illustration purposes?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938470)



Reply

Date: February 10th, 2012 5:35 PM
Author: Crossfit bro stylin on partner in moment of hubris

On the issue of genocide: "A person's a person, no matter how small."

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938496)



Reply

Date: February 10th, 2012 5:35 PM
Author: slim_shady_man

Thoughts on Gramsci?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938499)



Reply

Date: February 10th, 2012 5:37 PM
Author: Crossfit bro stylin on partner in moment of hubris

"One fish two fish red fish blue fish."

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938506)



Reply

Date: June 14th, 2012 8:09 AM
Author: slim_shady_man



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#20885578)



Reply

Date: February 10th, 2012 9:45 AM
Author: NO_LIMIT_GINGER

When you take candy away from children, they get mad shitlib.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936413)



Reply

Date: February 10th, 2012 3:20 PM
Author: there's a wocket in my pocket (cowboy boots)

can i make a joke about how i dont take economic advice from the lead singer of tool

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19937875)



Reply

Date: February 11th, 2012 11:36 AM
Author: michael yidd-killchrist

Most conservatives who claim to be anti-Keynesian are advocates of tax cuts as a form of economic stimulus, which is Keynesian.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19942474)