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forums; Originally Posted by UncleBuck the ARRA did spur aggregate demand. not fairy tail stuff. saner tax rates would help. some ...
  1. #131
    Mr.Ganja Mr. Ganja Johnny Retro's Avatar
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    Quote Originally Posted by UncleBuck View Post
    the ARRA did spur aggregate demand. not fairy tail stuff.

    saner tax rates would help. some reduction in spending would help, but contractionary policy on the tail end of a recession is the stuff of mental retardation.

    austrian economics? you mean the rawn pawl way? destroy it in order to save it? the my lai approach?

    even lower on the IQ scale. unless, of course, you long for those agrarian days of yore where we all inhabit little huts on ranches in wyoming.
    You must not understand Austrian economics if all you see it as is "the ron paul way". He has a very obscure and distorted view of Austrian Economics. He is right on some issues, but others he is totally wrong.

    I'm still waiting for this sustained "aggregate demand". Pretty sure his economists predicted 4.3% GDP growth for the first quarter of 2012 when they enacted ARRA. Unfortunately, we are at 1.9% and trending down. Were we not just at .4% not 2 years after it was put in place? Only to be saved by mr Bernanke. Yes, fairy tail stuff. Keep on printing, Japan is a great model to follow apparently.

    It's hard to believe people still buy into Keynesian economics, it has been an obvious failure since it has been in practice. A few years of a weak GDP surplus back in the late 90's early 2000's over a span of 70 years with deficits and people still listen to this stuff. My god..
    Last edited by Johnny Retro; 06-20-2012 at 11:57 PM.

  2. #132
    Marijuana EXPERT Mr. Ganja UncleBuck's Avatar
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    Quote Originally Posted by Johnny Retro View Post
    You must not understand Austrian economics if all you see it as is "the ron paul way". He has a very obscure and distorted view of Austrian Economics. He is right on some issues, but others he is totally wrong.

    I'm still waiting for this sustained "aggregate demand". Pretty sure his economists predicted 4.3% GDP growth for the first quarter of 2012 when they enacted ARRA. Unfortunately, we are at 1.9% and trending down. Were we not just at .4% not 2 years after it was put in place? Only to be saved by mr Bernanke. Yes, fairy tail stuff. Keep on printing, Japan is a great model to follow apparently.

    It's hard to believe people still buy into Keynesian economics, it has been an obvious failure since it has been in practice. A few years of a weak GDP surplus back in the late 90's early 2000's over a span of 70 years with deficits and people still listen to this stuff. My god..
    they didn't count on the GOP breaking stuff to prove that it's broken.
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    Quote Originally Posted by UncleBuck View Post
    they didn't count on the GOP breaking stuff to prove that it's broken.
    Break out the tin foil hats. It's a right win conspiracy...

  4. #134
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    Quote Originally Posted by JustAnotherHead View Post
    Break out the tin foil hats. It's a right win conspiracy...
    worse than dukeanthony and aznsouljah27 combined.
    Quote Originally Posted by nontheist View Post
    Hello retarded Bucky. Apparently you reading compensation has failed you?
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    I'm a fucking bigot

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    Mr.Ganja Mr. Ganja Johnny Retro's Avatar
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    Quote Originally Posted by UncleBuck View Post
    they didn't count on the GOP breaking stuff to prove that it's broken.
    Back to the partisan talking point..that didn't take long. So, according to your logic, In these past 70 years the Republicans have totally fucked up everything and democrats have done nothing? I'm pretty sure I've seen you say multiple times that the republican party has shifted very far right past few rounds of elections. That back in 40's, 50's, 60's, 70's and 80's they would have been considered democrats by today's standards. You still stand by that point? You are just so logical its unbelievable.

  6. #136
    Marijuana EXPERT Mr. Ganja UncleBuck's Avatar
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    Quote Originally Posted by Johnny Retro View Post
    Back to the partisan talking point..that didn't take long. So, according to your logic, In these past 70 years the Republicans have totally fucked up everything and democrats have done nothing? I'm pretty sure I've seen you say multiple times that the republican party has shifted very far right past few rounds of elections. That back in 40's, 50's, 60's, 70's and 80's they would have been considered democrats by today's standards. You still stand by that point? You are just so logical its unbelievable.
    imagine a republican championing the estate tax.

    imagine a republican focusing on the most major infrastructure project we've ever had.

    imagine a republican starting an agency like the EPA.

    imagine a republican agreeing on tax increases and amnesty for millions.

    imagine a republican applauding the efforts of planned parenthood.

    republican presidents of days gone by did these things.

    more recently, republicans have shot down their own ideas.

    like the individual mandate.

    and the DREAM act.

    and the payroll tax cut.

    and infrastructure spending.

    you are just so blind it's believable.
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    Quote Originally Posted by nontheist View Post
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    I'm a fucking bigot

  7. #137
    Marijuana EXPERT Mr. Ganja UncleBuck's Avatar
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    Quote Originally Posted by UncleBuck View Post
    worse than dukeanthony and aznsouljah27 combined.
    throw in unlucky and brick top for good measure.
    Quote Originally Posted by nontheist View Post
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    I'm a fucking bigot

  8. #138
    Super Stoner Mr. Ganja abandonconflict's Avatar
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    I love how a Rmoney bashing thread turned into defending Obama successfully in a debate about economics.

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    "But one thing gives hope – the visible swing in public opinion...In that spectacular disaster the working class, the middle class and even a section of the business community could see the utter rottenness of private capitalism." ~George Orwell

  9. #139
    Mr.Ganja Mr. Ganja Johnny Retro's Avatar
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    Quote Originally Posted by UncleBuck View Post
    imagine a republican championing the estate tax.

    imagine a republican focusing on the most major infrastructure project we've ever had.

    imagine a republican starting an agency like the EPA.

    imagine a republican agreeing on tax increases and amnesty for millions.

    imagine a republican applauding the efforts of planned parenthood.

    republican presidents of days gone by did these things.

    more recently, republicans have shot down their own ideas.

    like the individual mandate.

    and the DREAM act.

    and the payroll tax cut.

    and infrastructure spending.

    you are just so blind it's believable.
    Out of your nice long partisan list, only 3 things can be attributed to the deficit. And out of those 3 things the amount of revenue generated is so miniscule it wouldn't even shave .03% off the debt. It's quite comical how you will stray far far away from the conversation at hand just to take a jab at the republican party.
    I argue that Keynesian economics is an utter and complete failure, you come back with msnbc talking points about how republicans are the devil.

    Please continue to educate us on how printing money will stimulate the economy, its so insightful. Unemployment in February of 2009(when arra was signed), 8.1%. Unemployment today, 8.2%. Labor participation rate Feb 09, 65.8. Rate today, 63.8. Man I hope we get more of this amazing stimulus! It is helping our economy sooooo much. Maybe we can add 10 trillion dollars to the deficit in 4 years if he gets elected again! Ballooning debt? pfff print more money!

    btw, the notion that infrastructure spending during a recession will stimulate the economy is bat shit crazy. Yes, lets spend MORE government money that we don't have to create temporary jobs that will help make our roads less bumpy. That's whats keeping us down! Just ask the UK and Greece how that's working for them..


  10. #140
    Super Stoner Mr. Ganja abandonconflict's Avatar
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    Quote Originally Posted by Johnny Retro View Post
    Out of your nice long partisan list, only 3 things can be attributed to the deficit. And out of those 3 things the amount of revenue generated is so miniscule it wouldn't even shave .03% off the debt. It's quite comical how you will stray far far away from the conversation at hand just to take a jab at the republican party.
    I argue that Keynesian economics is an utter and complete failure, you come back with msnbc talking points about how republicans are the devil.

    Please continue to educate us on how printing money will stimulate the economy, its so insightful. Unemployment in February of 2009(when arra was signed), 8.1%. Unemployment today, 8.2%. Labor participation rate Feb 09, 65.8. Rate today, 63.8. Man I hope we get more of this amazing stimulus! It is helping our economy sooooo much. Maybe we can add 10 trillion dollars to the deficit in 4 years if he gets elected again! Ballooning debt? pfff print more money!

    btw, the notion that infrastructure spending during a recession will stimulate the economy is bat shit crazy. Yes, lets spend MORE government money that we don't have to create temporary jobs that will help make our roads less bumpy. That's whats keeping us down! Just ask the UK and Greece how that's working for them..
    The stimulus worked, your entire argument was therefore a waste. Cool opinion bro.
    "But one thing gives hope – the visible swing in public opinion...In that spectacular disaster the working class, the middle class and even a section of the business community could see the utter rottenness of private capitalism." ~George Orwell

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