the romney record
- Thread starter UncleBuck
- Start date
UncleBuck
Well-Known Member
i'm sorry, were you talking about the deficit? because this is what i replied to, baby einstein:
- 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.
i responded to exactly what you said, baby einstein.
note what happens starting in february 2009. even the republicans, including romney, called for a stimulus, baby einstein.
actually, here they added lanes where it usually bottlenecks. not sure how much less time i have spent idling in traffic, wasting gas and thus money, but it is significant. so your little strawboy is pure fail, baby einstein.
i should also note that the goods and products people buy travel on that same road, and if they sit and idle and waste gas, they pass that cost onto the consumer. infrastructure, along with health care and education, are the best value added investments any government can make. note how i used the word investment, not spending, baby einstein.
any more fail, willard lover?
abandonconflict
Well-Known Member
You don't even realize that about half of the stimulus plan was tax cuts? It was a measure literally designed to prevent death as a last resort, the economy is not dead, therefore it worked. Great depression #2 averted. Did you expect some miracle recovery while we were still pulling out of two wars and giving tax cuts to a bunch of welfare billionaires who won't fucking hire anyone?
Johnny Retro
Well-Known Member
You said the republican party was the reason to blame why Keynesian economics wasn't working. Do you suffer from dissociative amnesia?
Go on and continue your ad hominem attacks and baseless assumptions. Just because I favor fiscal republican viewpoints doesn't mean I'm voting for Romney.
Are you that delusional that you're are to blind to see unemployment has gone NOWHERE and the labor participation rate has dropped 2% points. That's your definition of stimulus? LMAO
Here, let me educate you:
https://sites.google.com/site/ccgesstudytour/hamburg-2011/reports-and-reflection/the-financial-crisis-a-view-of-germany-s-recovery
"Germany exited out of the global economic crisis at an astonishing rate. Economic indicators that illustrate the quick recovery are: the increase in Germany’s GDP, the rebound of the DAX stock index and rising inflation rates."
"The German government made a critical tax reform in 2009 to assist recovery from the financial crisis. The reform was a substantial reduction in the corporate tax rate"
Can you provide any proof of an economy printing money and successfully pulling the economy out of a recession?
abandonconflict
Well-Known Member
We were still waiting for it to trickle down until last month. The Bush tax cuts are now finally gone, Obama had to be forceful.
abandonconflict
Well-Known Member
Johnny Retro
Well-Known Member
Can you provide any proof of an economy printing money and successfully pulling the economy out of a recession?
Johnny Retro
Well-Known Member
Selective reading, maybe?libertarians like abandon and liberals like me agree: trickle down does not work. all the empirical evidence says so.
hey johnny, i'll keep it nice and simple for you: who has benefited from trickle down?
"Germany exited out of the global economic crisis at an astonishing rate. Economic indicators that illustrate the quick recovery are: the increase in Germany’s GDP, the rebound of the DAX stock index and rising inflation rates."
"The German government made a critical tax reform in 2009 to assist recovery from the financial crisis. The reform was a substantial reduction in the corporate tax rate"
abandonconflict
Well-Known Member
Like a video?
UncleBuck
Well-Known Member
i believe we just averted one not too long ago.
a perfunctory google search for "keynesian successes" put germany right on top.
http://www.spiegel.de/international/business/a-keynesian-success-story-germany-s-new-economic-miracle-a-707231.html
can you provide me examples of how contractionary policy got anyone out of a recession?
a similar perfunctory search for austrian economic successes brought up a whole bunch of theories and blogs.
abandonconflict
Well-Known Member
Ayn Rand collected social security.
kelly4
Well-Known Member
Whaaaa?! I went out of town for two weeks and the stimulous suddenly worked?
I didn't miss an alien landing too, did I?
abandonconflict
Well-Known Member
No, no alien landing.
Johnny Retro
Well-Known Member
I think you are gravely mistaken.
http://www.indiana.edu/~eucenter/documents/Silvia%20Financial%20Crisis%20-%20D%20v%20US%20Reactions%20110407.pdf
"Spend a little time in the academic circles of each country and it soon becomes clear that Americans are from Keynes, Germans are from Hayek."
"Keynesians asserted that the financial crisis was a “Keynesian moment,” if there ever was one, and emphasized boosting employment through accommodating fiscal and monetary policy.3 Neo-monetarists and adherents of Irving Fisher stressed accommodating monetary policy to the point of quantitative easing to expand the money supply, but also supported an immediate fiscal stimulus to treat the collapse of an overleveraged economy"
"the Obama Administrations painted an understanding of the economic crisis in hews of demand management, whereas German leaders of both the center-left and center-right justified their actions as measures to preserve international competitiveness"
"The economics profession is much less ideologically diverse in Germany than in the United States. The default setting is a combination of neo-monetarism and the free market ideology of the “ordo-liberal” Freiburg school of “ordo-liberalism,” which in turn draws on influence from the Austrian school of economics"
Thank you for proving my point directly. Classic Keynes vs Hayek. Looks like Hayek won..
UncleBuck
Well-Known Member
just like i said:
- a similar perfunctory search for austrian economic successes brought up a whole bunch of theories and blogs.
you quoted me theory when i asked for examples.
the rawn pawl contingent, who are quite fond of hayek and austrian economics, like to proclaim that they too always win.
Johnny Retro
Well-Known Member
I post a paper written by Stephen Silvia, the director at the School of International Service, proving how Germans follow an Austrian economic model and Americans follow a Keynesian model. Did you even read the paper to educate your narrow mind?
And you post a media outlet's website.
And you post a media outlet's website.