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Thread: Economy limping back to strength

  1. #261
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    Re: Economy limping back to strength

    Quote Originally Posted by winston53660 View Post
    And that is a bad thing because?
    Appeasement isn't desirable.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  2. #262
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    Re: Economy limping back to strength

    Quote Originally Posted by phattonez View Post
    Appeasement isn't desirable.
    Let them eat cake I say...LOL

  3. #263
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    Re: Economy limping back to strength

    Quote Originally Posted by winston53660 View Post
    Let them eat cake I say...LOL
    So give the thief the money instead of punishing the bad behavior? That's a recipe for a great society.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  4. #264
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    Re: Economy limping back to strength

    Quote Originally Posted by phattonez View Post
    So give the thief the money instead of punishing the bad behavior? That's a recipe for a great society.
    So now all poor people are thieves? Hilarious!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #265
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    Re: Economy limping back to strength

    Quote Originally Posted by Goldenboy219 View Post
    So now all poor people are thieves? Hilarious!
    When did I ever say that? You said that being poor makes you more inclined to be a thief.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Economy limping back to strength

    Economy limping back to strength.
    It's called free enterprise, or what's left of it...

  7. #267
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    Re: Economy limping back to strength

    Quote Originally Posted by Erod View Post
    Translation: welfare keeps the poor from rising up and killing the rich.
    I'll take my chances. I'd rather be free...

  8. #268
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    Re: Economy limping back to strength

    Quote Originally Posted by Goldenboy219 View Post
    You claim to be pro markets, but refuse to acknowledge the cyclical instability that pressures markets. Social safety nets have been created to deal with the effects of such instability, helping to remove the under consumption that plagues cyclical recessions.

    You will go on to say under consumption is needed all while ignoring the painful consequences and degradation of human capital that accompanies it. Sorry, but the world is not as black and white as you make it out to be.
    Under consumption? Relative to what?

    Degradation of human capital? What's that?

    Keynesianism and social safety nets protect capitalism from its embedded instability.
    Huh?

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    Re: Economy limping back to strength

    Also, what is "under consumption"? Is there some optimal level of consumption that I'm unaware of?

  10. #270
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    Re: Economy limping back to strength

    Quote Originally Posted by Ethereal View Post
    Also, what is "under consumption"? Is there some optimal level of consumption that I'm unaware of?
    Yeah, it's where we're not allowed to save any money so the government has to provide all of the services that saved money would do for us.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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