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Reverand Paul gives a sermon on the Book of Fiscal Conservatism

Incisor said:
It means plenty, you either don't understand it or refuse to accept it. That's kinda your thing.




No one was forcing them to do anything. They made those loans on their own accord. They placed a bad bet and they lost.




Yeah, and the result of that austerity was a more than doubling of the unemployment rate and a near-doubling of Greece's debt-to-GDP (your favorite measurement, if I'm not mistaken). Is Greece in a better place now than they were in 2010? No.




So victim blaming is not how you're going to wiggle out of responsibility for the failure of austerity -a policy you enthusiastically support. Your attempt to dodge the conversation over the empirical failure of austerity notwithstanding, there's a simple question to ask here; is Greece better off now than it was before austerity? The answer, of course, is no.
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Who cares? Greece is the one who did the austerity. Blame them.
 
Incisor said:
LOL! Wow, dude. Charts mean nothing when they undermine your argument? LOL! That's mature...
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My argument has nothing to do with charts. It has to do with lenders not being obligated to lend anyone any money. Since Greece wanted more loans then lenders told them to get their house in order first or no more money. That's all there is to it. You're trying to make the argument that the lenders should have kept on throwing money into the black hole with no bottom to it. You don't get to dictate to lenders what they can and cannot do. If they make a mistake they make a mistake. It's on them. Their mistake was in ever giving Greece dime one, not in demanding austerity.
 
JohnfrmClevelan said:
Yes, that comes from me. Because it is COMPLETELY clear that you are absolutely ignorant of Eurozone economics. I am qualified to call you unqualified.
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LOL!!! LMAO!!! A five year hobby with no education in economics whatsoever makes you qualified?
 
Moderate Right said:
LOL!!! LMAO!!! A five year hobby with no education in economics whatsoever makes you qualified?
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It certainly qualifies me to call you unqualified, because you understand so very little about this subject.

Why you continue to post in these forums is beyond me. You are so demonstrably wrong on so many subjects, most humans would be too embarrassed to put their ignorance on display like that.

Go read up on Greece before you post again. I know you aren't into reading the sources you cite, but you really should try. You have much to learn.
 
JohnfrmClevelan said:
It certainly qualifies me to call you unqualified, because you understand so very little about this subject.

Why you continue to post in these forums is beyond me. You are so demonstrably wrong on so many subjects, most humans would be too embarrassed to put their ignorance on display like that.

Go read up on Greece before you post again. I know you aren't into reading the sources you cite, but you really should try. You have much to learn.
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It is music to my ears to know that my posts are such a threat to you. You can't give me any greater honor than attacking me with your nonsense. Anyone with any common sense at all knows how irresponsible it is to to add many more trillions on top of the 20 trillion dollar debt we already have. Looking at Greece is like looking into our future if we keep on with the path we are following. Even Hillary campaigned, claiming that she would not add one penny onto the debt. Trump won the election because your liberal fiscal policies were driving the good paying jobs out of the country and all you can do is throw your arms up in the air in defeat and claim that that is just the new economy but, not to worry, because we have a $15 per hour job reserved for you at Walmart to replace the $24 per hour job you lost.
 
Incisor said:
Right. It's all about feelings and emotion and theory. That's your argument. Squishy, intangible things.
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Your argument is that lenders should have kept on losing more and more money.
 
Incisor said:
My argument is that austerity doesn't work.
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My argument is that there is small austerity, medium austerity, and large austerity. You can't just blanketly say that no austerity of any kind works in any situation. I think the problem is you as a liberal have no clue whatsoever of being fiscally responsible. You have income coming in and expenses going out. With a country the difference is either a budget surplus or a budget deficit. If the country's finances are out of control and you are running large deficits then modest austerity will lower that deficit. Thus, in this case, austerity works. If you overdo the austerity the deficit could actually rise, in which case the austerity did not work. Nothing else matters but how the austerity that you did effects the bottom line budget results. If they improve then austerity worked. If things stay the same or the deficits gets even larger then the austerity did not work.
 
Beaudreaux said:
That's why countries like Greece are in free fall collapse, and have been for years - federal debt has little-to-no impact on the economy.

Rebuilding our infrastructure should be of critical and primary importance, but... we need to reduce spending in other areas that are not as critical, and revenues increased through tax code changes that eliminate loopholes, deductions, and tax shelters, rather than increasing taxes on the ones that drive the economy (middle class and business owners).

Robbing Peter to pay Paul, borrowing from the bank (just another version of robbing Peter to pay Paul), or what may be worse, printing money (monetizing the debt) just to have more money to spend, has never worked for long because at some point the bill comes due and has to be paid back. Even federal debt.
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Can't compare us to greece. Greece gave up the right to print their own currency. We didn't.
 
Incisor said:
You're a parrot, now? I guess that's a step up the evolutionary ladder...
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I love it! I love it when you guys have no argument and the best you can do is call me names. It is music to my ears that my posts irritate you so much that the only way you can respond is with insults, a common liberal thing to do when you have lost your argument because you have no facts.
 
Moderate Right said:
I love it! I love it when you guys have no argument and the best you can do is call me names. It is music to my ears that my posts irritate you so much that the only way you can respond is with insults, a common liberal thing to do when you have lost your argument because you have no facts.
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Your "posts" aren't posts. You're just merely parroting what other people say. Not a single original thought of your own.
 
Incisor said:
Your "posts" aren't posts. You're just merely parroting what other people say. Not a single original thought of your own.
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Says the one who only responds to me instead of talking about the thread topic. My posts must really be a threat to your arguments or you wouldn't bother responding.
 
Moderate Right said:
Says the one who only responds to me instead of talking about the thread topic. My posts must really be a threat to your arguments or you wouldn't bother responding.
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I've been talking about the thread topic. You are the one who moves it into this squishy place of feelings, emotion, and melodrama.

You don't accept charts for some reason. Probably because they undermine you.
 
Incisor said:
I've been talking about the thread topic. You are the one who moves it into this squishy place of feelings, emotion, and melodrama.

You don't accept charts for some reason. Probably because they undermine you.
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Yet another post that doesn't talk about the thread topic. The only thing you have left is to insult me. I guess by insulting me you think you have won the argument.
 
Moderate Right said:
Yet another post that doesn't talk about the thread topic. The only thing you have left is to insult me. I guess by insulting me you think you have won the argument.
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The argument was won when you declared that charts don't matter.
 
Incisor said:
The argument was won when you declared that charts don't matter.
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I understand that your brain only sees things from a liberal perspective, devoid of the truth and hiding behind charts that don't even represent what we were talking about. They weren't even cherry picked charts. We were talking about apples and you produced a chart about trains and declared victory. But, then again, I understand that you only see things through liberal eyes. You only see your truths.
 
Moderate Right said:
I understand that your brain only sees things from a liberal perspective, devoid of the truth and hiding behind charts that don't even represent what we were talking about. They weren't even cherry picked charts. We were talking about apples and you produced a chart about trains and declared victory. But, then again, I understand that you only see things through liberal eyes. You only see your truths.
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And why did he show a chart that wasn't representative of the thread topic? Because you asked him to do so.

Moderate Right said:
Please show proof that Greece is worse off fiscally than before austerity....
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Critter7r said:
And why did he show a chart that wasn't representative of the thread topic? Because you asked him to do so.
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Give him a little slack, his multiple personalities seem to not all be on the same page.
 
Moderate Right said:
I was asking him about apples and he shows me a graph of trains.
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More like you asked about apples and he showed you some Red Delicious.

You asked him to show you that Greece was fiscally worse off after austerity than before, and he showed you a chart of their debt-to-GDP thru those years.
 
Critter7r said:
More like you asked about apples and he showed you some Red Delicious.

You asked him to show you that Greece was fiscally worse off after austerity than before, and he showed you a chart of their debt-to-GDP thru those years.
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The bottom line is that lenders are under no obligation to keep throwing money into a black hole. That's what you guys don't seem to understand. Greece was going backwards before and they are still going backwards now. If your cousin asks you for a loan of one thousand dollars every month for years and he continually makes partial payments to pay you back, causing your bank account to go from $100,000 to $10,000, at some point you are going to say screw you or that you are not going to loan him any more money until he gets his finances in order and you know that he can actually pay you back instead of asking for more money. It is not your obligation to continually keep on loaning your cousin one thousand dollars a month with no hope of him ever really paying you back. You liberals seem to think the lenders should just keep on throwing money into that black hole.
 
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