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Thread: Wal-Mart: Our shoppers are 'running out of money'

  1. #501
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    Massive government spending pulled us out of the Great depression.
    you keep saying that as though it were a magic talisman, when all the evidence is against it. mindlessly repeating a just-so argument isn't exactly an effective debate - it's the internet equivelent of the school yard "uh-huh!, nuh-uh!, uh-huh!, nuh-uh!".

    Reagan pulled us out of his recession by massive deficit spending and deregulation.
    incorrect. deficit spending hampered him the economy in his later years - as he himself acknowledged. that's why he made his "i'll raise a dollar of taxes for every three you cut" deal with the Democrats.... only to get suckered into going first. Reagan achieved the growth he did by breaking inflation, restoring the dollar, deregulation, and reducing tax rates.

    That led to the Savings and Loan crisis and 180 billion bailout. Historical record.
    The S&L crises was not the result of deficit spending - but it is instructive. Because Reagan's response was basically to do nothing.... now, compare that recovery to the one we are currently enjoying and ask yourself which one you think appears to have come from a wiser policy.

    Bush's meltdown was closer to a depression. The entire banking and housing sectors were on the verge of total ruin. Had the government done nothing the entire country would have collapsed.
    and the sky would have fallen and aliens would have invaded and the 13th Imam would have rode in and slain us all in the streets, yes, i know, i remember the press releases from the time. It was all crap, mind you - you could maybe make a case for TARP (though altering the mark-to-market rules would have saved the banks the vast majority of their losses and perhaps made it uneccessary); but the Stimulus? it was nothing more than a grab-bag of democratic goodies, pork they had wanted but not been able to shove through for 20 years.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    If that is all you kknow about it, you must have slept thru the Carter administration....
    Wish I could have slept through it and woke up to find out it was just a terrible nightmare.

    Unfortunately, I had to live and suffer through it.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Gill View Post
    Wish I could have slept through it and woke up to find out it was just a terrible nightmare.

    Unfortunately, I had to live and suffer through it.
    I was one of those who chose to listen to his ideas, been a conservation nut ever since. Our house in Utah has much lower heating and cooling bills than most smaller/older houses in the area. Passive solar ideas work, it is old tech.
    Newer/larger houses just up the hill where the "nicer" homes are being built should be just as energy efficient, but I see multilple AC units in their side yards. The biggest mistake, putting too many windows on the east and west sides...
    Common sense is still free....
    Oracle of Utah
    Truth rings hollow in empty heads.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    I was one of those who chose to listen to his ideas, been a conservation nut ever since. Our house in Utah has much lower heating and cooling bills than most smaller/older houses in the area. Passive solar ideas work, it is old tech.
    Newer/larger houses just up the hill where the "nicer" homes are being built should be just as energy efficient, but I see multilple AC units in their side yards. The biggest mistake, putting too many windows on the east and west sides...
    Common sense is still free....
    I agree with most of what you say, except the comment that seems to think multiple A/Cs are a bad idea. In fact, heating and cooling by zones is the most efficient way to heat and cool homes, especially larger or multi-story ones.

    But, Carter was still an idiot and the worst president in my lifetime.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    I was one of those who chose to listen to his ideas, been a conservation nut ever since. Our house in Utah has much lower heating and cooling bills than most smaller/older houses in the area. Passive solar ideas work, it is old tech.
    Newer/larger houses just up the hill where the "nicer" homes are being built should be just as energy efficient, but I see multilple AC units in their side yards. The biggest mistake, putting too many windows on the east and west sides...
    Common sense is still free....

    Ok, that's a good thing. And I can agree that with newer tech on things like passive solar being built into new construction, as well as a thriving after market business. However, I remember the Carter years. Unemployment high, Interest rates on purchase of homes in double digits, Odd/Even days to buy gas due to artificial restrictions on price placed by Carter, And a man that also went around the world trumpeting apologies for America, and making friends with the worlds most thuggish dictators, including Yasser Arafat.

    People didn't like that at all, and booted his sorry arse out after one term as well, which is exactly what will happen to Obama should he continue to stick it to us.


    j-mac
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    If we had followed Carters policies we would be energy independent right now. Thank Reagan for screwing things up, once again.
    Ironically, Carter's position was based on the conservative principle of personal responsibility.

    He got crucified for it by thos ewho support a nanny-state, though.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Tucker Case View Post
    Ironically, Carter's position was based on the conservative principle of personal responsibility.

    He got crucified for it by thos ewho support a nanny-state, though.
    Wow, that is incredibly revisionist. Possible that he paid lip service to personal responsibility, but as we are finding out now, closet Marxists from that era meant something entirely different with that phrase than what it actually is.

    Like so called "Social Justice"


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    jimmy carter's "plan" was rejected overwhelmingly by the american people

    what good are positions doa?

    vote obama, 2012!

    remember carter!

    seeya at the polls, progressives

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Dirty Harry View Post
    Massive government spending pulled us out of the Great depression.
    given modern importance of defeating this myth, I thought it might be instructive to point out that FDR's own Secretary of the Treasury admitted that massive spending in an attempt to get us out of the Depression had been a complete failure:

    Quote Originally Posted by Henry Morgantheau,
    "We are spending more money than we have ever spent before and it does not work. I want to see this country prosperous. I want to see people get a job. We have never made good on our promises. I say after eight years of this administration we have just as much unemployment as when we started and an enormous debt to boot."


    - testimony before the House Ways and Means Committee, May 1939
    Last edited by cpwill; 05-13-11 at 01:56 PM.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by j-mac View Post
    Wow, that is incredibly revisionist. Possible that he paid lip service to personal responsibility, but as we are finding out now, closet Marxists from that era meant something entirely different with that phrase than what it actually is.

    Like so called "Social Justice"


    j-mac
    speaking of revisionism, which part of carter's position on energy related to social justice in any way?

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