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Topic:
Gov't should stop picking winners and losers [Locked] |
Sin_of_Onin  Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Aerlinthian posted:
Sin, you're blaming the symptoms and not the causes. Dr Paul long before the others called out the causes and pointed out the symptoms. That is just the historical facts that can't be twisted or explained away no matter how much you try. And that is why the more people who actually take the time to look at his history and track record are won over. The facts speak for themselves.
He failed to understand the cause or really anything beyond the superficial understanding of the issue which even USA today could pick up on.
The facts are that he thinks the growth from 1940s on is just a big bubble.
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Sin_of_Onin posted:
vn_nnanji posted:
Sin_of_Onin posted:
This is also a major issue at the state and local level where states are willing to give away money to corporations in a desperate attempt to increase employment.
How would you suggest states attract new businesses without offering incentives? It's a tad more than increasing employment and it's a necessary thing for states to do.
What makes it necessary is other states doing it.
No kidding. It's exactly the same as "we need to cut taxes on rich people or they'll go somewhere else that cuts taxes on rich people!"
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Yukishiro1 posted:
No kidding. It's exactly the same as "we need to cut taxes on rich people or they'll go somewhere else that cuts taxes on rich people!"
Which is exactly what is happening.
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theredkay1  Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
I dont know what you think the 1920 recession proves. One of the articles says it was a time when the government just sat on its heels and let the market work itself out and we came roaring out of a recession. This is a total misdirection. One article specifically says the Fed did nothing and the economy started to recover in August 1921...but the Fed cut interest rates in May of 1921.
In 1919 gov't started slashing spending since the war was over. Lots of soldiers came back into the economy. The Fed almost doubled interest rates. Govt slashes spending + fed jacks up interest rates + deflation coming off of wartime prices = recession. By the beginning of 1922 the Fed had greatly lowered the interest rate...and the economy was moving forward again.
Are you unaware that the Fed existed at that time?
You have given us an example of the government slashing spending followed by a recession...and the Fed slashing interest rates followed by a boom. I dont think its supposed to work this way according to you...is it? This is not a good example for you.
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
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Oh misdirection? Cite the exact passages and article.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Aerlinthian posted:
Oh misdirection?
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Modeeb Title: A Ghost In The Machine
Posts: 1,258
Registered: 2002-4-19 10:48:36
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
There is much ugliness we must come face to face with. I am skeptical. Do your best with the days you have. Let all of the macroeconomics go. We have little input.
-----signature-----
"What is here is there. What is not here is nowhere." Vishvasara Tantra
"Ever tried, Ever Failed. No matter. Try Again.
Fail Again. Fail Better. Samuel Beckett
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Modeeb posted:
There is much ugliness we must come face to face with. I am skeptical. Do your best with the days you have. Let all of the macroeconomics go. We have little input.
I assume you can appreciate the act of thinking things through for their own sake.
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
Aerlinthian posted:
Yukishiro1 posted:
No kidding. It's exactly the same as "we need to cut taxes on rich people or they'll go somewhere else that cuts taxes on rich people!"
Which is exactly what is happening.
Uh that article is about raising fees for renouncing your citizenship. If rich people are renouncing their citizenship I really doubt a $450 fee is going to make them have second thoughts.
You are like a caricature of a stupid person.
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Modeeb Title: A Ghost In The Machine
Posts: 1,258
Registered: 2002-4-19 10:48:36
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Date Posted:
1/1/00 12:00am
Subject:
Gov't should stop picking winners and losers |
SoO, I find macro-conceptualizing to be a natural gift. I'm just giving input from one a different perspective. Of course, it is important to hypothesize about what benefits we can bright the world, whether it is by making public policy or just being a good-hearted person. I meant no criticism.
-----signature-----
"What is here is there. What is not here is nowhere." Vishvasara Tantra
"Ever tried, Ever Failed. No matter. Try Again.
Fail Again. Fail Better. Samuel Beckett
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