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Thread: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

  1. #91
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    From 1869 to 1920, recessions were quite common. In fact, the months of expansion to months of contraction ratio is about 1:1. Following WWII, (when coherent macro stabilization policy was considered), it has been more than 5:1.
    actually, doctor, before ronald reagan, they're still 1:1

    after dear ronnie, it's more like 10:1

    Any questions?
    sure, where are the results TODAY of all that coherent macro stabilization?

    LOL!

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    actually, doctor, before ronald reagan, they're still 1:1

    after dear ronnie, it's more like 10:1
    Nope! Besides, it is false dichotomy, of which you cannot back up. BTW Ronnie was all for deficit spending to get out of a recession. Given the stagflationary environment, tax cuts were integral in combating inflation.

    sure, where are the results TODAY of all that coherent macro stabilization?

    LOL!
    Are we currently experiencing economic expansion? (hint: positive GDP)
    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

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    However.... If your argument is "correlation does not equal causation", why bother replying?
    Because your argument is "correlation equals causation".

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    Nope! Besides, it is false dichotomy, of which you cannot back up.
    it's not even a dichotomy, let alone false

    it's simply an observation

    Are we currently experiencing economic expansion? (hint: positive GDP)
    expansion?

    growth?

    LOL!

    take my advice---

    don't SAY it in michigan
    Last edited by The Prof; 02-15-10 at 03:49 PM.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    it's not even a dichotomy, let alone false
    Attempting to brand the post Reagan years as carrying the load is the sign of a clear attempt to split the prosperity numbers.

    it's simply an observation
    Does it hurt your heart that Reagan was the model Keynesian?

    expansion?

    growth?

    LOL!

    take my advice---

    don't SAY it in michigan
    I was unaware that Michigan represents the entire economy. Once again you fail!
    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

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    my heart? you're asking about my heart?

    how kind, how personal

    LOL!

    unfortunately, yes, michigan is the miserable mug of this entire economy

    poster state

    she tugs at the hearts of all, i presume

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    my heart? you're asking about my heart?

    how kind, how personal

    LOL!

    unfortunately, yes, michigan is the miserable mug of this entire economy

    poster state

    she tugs at the hearts of all, i presume
    Again you side step in an attempt to avoid admitting to error. I'll give you another chance at regaining some credibility.
    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

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    huh?

    i'll give YOU one more chance...

    LOL!

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    huh?

    i'll give YOU one more chance...

    LOL!
    Chance for what? I have pointed out all of the errors in your replies, and you have yet to establish credibility. Instead, you either ignore or side step. Either way....
    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

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Morality Games View Post
    Campaign promises are irrelevant.
    It does not surprise me that you have no issue with candidates putting forth bald-faced lies in order to get elected -- whatever it takes to get your guy elected, eh?

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