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Thread: Five Economic Reforms Millennials Should Be Fighting For

  1. #51
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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Henrin View Post
    You should really look up what Keynes had to say and follow that up with a short little study on Keynesian economics. Keynesian economics isn't a tool for permanent growth, but a stop gap in a down turn with the use of work programs. You were then supposed to cut spending to deal with the debt that was ensured by the spending. Guess what we never did?

    1. We didn't limit it to what Keynes said.
    2. We made it permanent.
    3. We never cut spending to deal with the debt.

    FDR in fact pissed off Keynes for failing to follow his plan.
    Keynesian economics is a broad area with many interpretations since then and it certainly is not a "stop gap" idea only to be used in recessions, wtf are you even talking about? That is only one part of it and if you were following what I've said in this thread you would know that I reference Krugman and Stiglitz which support very high stimulus spending, much more than what we have done and they certainly don't support cutting spending as a Keynesian idea?? This is ridiculous, that is the whole point is to spend to get the economy going in bad times and deal with the deficit later when the economy is strong.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Henrin View Post
    If you want to prove your policies are best you can't look towards a period where pretty much anything would work. I know liberals/progressives love the fifties to say how great their policies are, but it doesn't prove anything.
    Yeah you're right, history can't be trusted to mean anything when it doesn't support your positions.

    Look at what Reaganomics has done, it has created a country where the top individuals are super compensated at the expense of everyone else, congrats!

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Verax View Post
    Yeah you're right, history can't be trusted to mean anything when it doesn't support your positions.

    Look at what Reaganomics has done, it has created a country where the top individuals are super compensated at the expense of everyone else, congrats!
    and that has increased under obamatardation



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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Verax View Post
    Keynesian economics is a broad area with many interpretations since then and it certainly is not a "stop gap" idea only to be used in recessions, wtf are you even talking about? That is only one part of it and if you were following what I've said in this thread you would know that I reference Krugman and Stiglitz which support very high stimulus spending, much more than what we have done and they certainly don't support cutting spending as a Keynesian idea?? This is ridiculous, that is the whole point is to spend to get the economy going in bad times and deal with the deficit later when the economy is strong.
    I don't care what Krugman and Stiglitz says about their own ****, let alone economics. I know what the whole point of the retarded affair is and that is why I told you we never cut the spending. Keynesian economics is shear nonsense for many reasons, but one of the reasons is his assumption that spending will ever be cut.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Verax View Post
    Yeah you're right, history can't be trusted to mean anything when it doesn't support your positions.

    Look at what Reaganomics has done, it has created a country where the top individuals are super compensated at the expense of everyone else, congrats!
    It should be fun watching you figure out how to blame Reagan for all of this considering the fact that he increased debt, increased government power and did much of your idiocy.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Btw, you might want to learn math Verax. Reagan was president from 1981-1989, which is NOT 40 years ago.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by TurtleDude View Post
    and that has increased under obamatardation
    Oh please, Obama's policies have absolutely nothing to do with what I'm talking about. All he did was a weak stimulus when people were calling for 4x, 5x, more and his "wall street reform" was barely anything. What he did was mostly more of the same while giving lip service to these ideas he never did any of them even half assed. Besides, the writing was on the wall before he even took office.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Verax View Post
    Oh please, Obama's policies have absolutely nothing to do with what I'm talking about. All he did was a weak stimulus when people were calling for 4x, 5x, more and his "wall street reform" was barely anything. What he did was mostly more of the same while giving lip service to these ideas he never did any of them even half assed. Besides, the writing was on the wall before he even took office.
    that again makes no sense whatsoever



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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Henrin View Post
    I don't care what Krugman and Stiglitz says about their own ****, let alone economics. I know what the whole point of the retarded affair is and that is why I told you we never cut the spending. Keynesian economics is shear nonsense for many reasons, but one of the reasons is his assumption that spending will ever be cut.
    Of course you don't care, why would you read or learn about anything other than what you want to believe? Of course you rant about cutting spending, you guys have been doing this nonstop for decades now. It is a minor problem compared to the others but its all you guys can focus on because the rich don't want to pay the bills for the upkeep of their economic engine.

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    Re: Five Economic Reforms Millennials Should Be Fighting For

    Quote Originally Posted by Verax View Post
    Oh please, Obama's policies have absolutely nothing to do with what I'm talking about. All he did was a weak stimulus when people were calling for 4x, 5x, more and his "wall street reform" was barely anything. What he did was mostly more of the same while giving lip service to these ideas he never did any of them even half assed. Besides, the writing was on the wall before he even took office.
    So basically he creates a ton of new government jobs, passes a stimulus, and creates a whole new welfare program and he is doing nothing towards your ends. How about some ice cream little champ?

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