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HEY CONSERVATARDS: EXPLAIN YOUR OPPOSITION TO KEYNESIAN ECONOMIC

http://www.bloomberg.com/news/2012-02-09/columbia-s-sachs-sa...
Tripping trust fund persian
  02/09/12
sachs is even more left wing than krugman you dumbshit
Titillating Walnut Forum
  02/09/12
Sachs fucked up with his Russian revival argument in the 90'...
Tripping trust fund persian
  02/09/12
TBF the SHOCK (therapy) doctrine worked pretty well for Czec...
Chocolate Trip Useless Brakes Idiot
  02/09/12
Source for claim?
Tripping trust fund persian
  02/09/12
Nobody is opposed to it per se. It just does not work. Am I ...
awkward alpha
  02/09/12
Do you think economists just decide the optimal level of gov...
Tripping trust fund persian
  02/09/12
You are the dumbest fucking poster on this site. Kill yourse...
Emerald Halford
  02/09/12
Spending now, austerity later is what this economy needs. To...
dun kitty psychic
  02/09/12
Why, brother? Can you provide a couple cogent reasons to but...
Tripping trust fund persian
  02/09/12
Economies are depressed by lack of investment or lack of dem...
dun kitty psychic
  02/09/12
What about the broken glass fallacy, brother?
Tripping trust fund persian
  02/09/12
Productivity improvements help everyone. That glassmaker can...
dun kitty psychic
  02/09/12
hires dude to dig ditch than cover it.
arousing useless international law enforcement agency
  02/09/12
...
Tripping trust fund persian
  02/11/12
death panels or actually tax billionaires.
Indigo excitant pisswyrm mad cow disease
  02/09/12
or how about we stop giving free shit to poors who don't wor...
arousing useless international law enforcement agency
  02/09/12
so fucking tired of this conservative bogeyman. you think al...
bistre affirmative action trailer park
  02/09/12
tcr
Cyan Insane Piazza Stock Car
  02/10/12
That's not what he said shitlib
Dashing Spot
  02/10/12
MFE (not sarcasm)
Ivory background story volcanic crater
  02/09/12
I hate Keynes esp. on full employment, but if you think we n...
arousing useless international law enforcement agency
  02/09/12
Thoughts on Krugman's economics?
Tripping trust fund persian
  02/09/12
As an economist, he's a great writer Kidding aside, as fa...
arousing useless international law enforcement agency
  02/09/12
Example? Also, are you opposed to a social safety net? Do yo...
Tripping trust fund persian
  02/09/12
He's a proponent of hudson river school economics e.g. Bizar...
arousing useless international law enforcement agency
  02/09/12
What explains the persistence of poverty in America?
Tripping trust fund persian
  02/09/12
The identity politics game and American black culture as a w...
arousing useless international law enforcement agency
  02/09/12
Why is healthcare free in the Scandinavian countries?
Tripping trust fund persian
  02/09/12
The explanation is cultural. They'd rather have more benefit...
racy disgusting heaven
  02/10/12
Racial inequality and its cumulative nature certainly are at...
appetizing mood philosopher-king
  02/09/12
because poverty is a social construct. the poors in America...
Amethyst hairy legs
  02/10/12
...
Lake corner
  02/10/12
His support for unions in nauseating but otherwise good. Giv...
dun kitty psychic
  02/09/12
I'm a fan of his union support.
arousing useless international law enforcement agency
  02/09/12
(mafia)
dun kitty psychic
  02/09/12
you just make things up. you don't know what you are talking...
cowardly vibrant chad mediation
  02/09/12
Bad idea if you don't cut spending in the future. Dems made ...
dun kitty psychic
  02/09/12
...
Tripping trust fund persian
  04/17/12
it's just gone too far. dems these days act like every econo...
Grizzly motley degenerate reading party
  02/09/12
Ummmm..austerity measures (slashing important social safety ...
Tripping trust fund persian
  02/09/12
*defaults*
Wonderful Dysfunction Temple
  02/09/12
thoughts on Keynesian economics?
Tripping trust fund persian
  02/09/12
i'm dumb, dooder. hence the one-liner.
Wonderful Dysfunction Temple
  02/09/12
"they should have spent more" yeah, they've bee...
elite multi-colored ratface
  02/10/12
http://www.nytimes.com/2012/02/10/business/global/breakthrou...
Tripping trust fund persian
  02/10/12
What's you point? Overpaid workers got pay cuts? Stupid ...
Dashing Spot
  02/10/12
reduction of minimum wage and the social safety net, transla...
Tripping trust fund persian
  02/10/12
You need to understand something: The debt-fueled binge up u...
awkward alpha
  02/10/12
Why do we have to cut into social safety net basics (like mi...
Tripping trust fund persian
  02/10/12
First, for anyone who is not an economic illterate, the min ...
awkward alpha
  02/10/12
Can you talk about military spending in America? Does it hav...
Tripping trust fund persian
  02/10/12
Gov't spending is never a "stimulus" because it ha...
awkward alpha
  02/10/12
So do you think it's the government's duty to address povert...
Tripping trust fund persian
  02/10/12
Inanimate market forces have enriched Chinese living in pove...
Dashing Spot
  02/10/12
sOURCE? There are millions of Chinese people still in povert...
Tripping trust fund persian
  02/10/12
Have you been living under a rock for 20 years? If you're t...
Dashing Spot
  02/10/12
China has about 150 million people living below the United...
Tripping trust fund persian
  02/10/12
You're stupid or a troll. These numbers are an amazing imp...
Dashing Spot
  02/10/12
et tu randy?
Ruby vigorous half-breed
  04/26/17
"unjust distributions" I do not know what this ...
awkward alpha
  02/10/12
Where do you stand on the issue of income inequality? Do you...
Tripping trust fund persian
  02/10/12
a) Market forces are not "inanimate" the market is...
awkward alpha
  02/10/12
I usually agree with you but if govt spending was zero, I wo...
Dashing Spot
  02/10/12
Yea, the dicussion is in the context of gov't social program...
awkward alpha
  02/10/12
I think u and I are bros, bro. SSM hasn't read Bastiat, thou...
racy disgusting heaven
  02/10/12
Yes I have, brother. I've read the broken window fallacy arg...
Tripping trust fund persian
  02/10/12
"hasn't read bastiat." your familiarity w one of h...
racy disgusting heaven
  02/10/12
How do you see the relevance of the broken window fallacy to...
Tripping trust fund persian
  02/10/12
We probs agree on the broken window fallacy and the relevanc...
racy disgusting heaven
  02/10/12
who is your intellectual godfather, brother?
Tripping trust fund persian
  02/10/12
Dr. Seuss
racy disgusting heaven
  02/10/12
180, brother. I seriously meant it. Mine is Theodoro ...
Tripping trust fund persian
  02/10/12
Cannot most of the world's ills be more effectively examined...
racy disgusting heaven
  02/10/12
Give an example for illustration purposes?
Tripping trust fund persian
  02/10/12
On the issue of genocide: "A person's a person, no matt...
racy disgusting heaven
  02/10/12
Thoughts on Gramsci?
Tripping trust fund persian
  02/10/12
"One fish two fish red fish blue fish."
racy disgusting heaven
  02/10/12
...
Tripping trust fund persian
  06/14/12
When you take candy away from children, they get mad shitlib...
Dashing Spot
  02/10/12
can i make a joke about how i dont take economic advice from...
Exhilarant maroon market legal warrant
  02/10/12
Most conservatives who claim to be anti-Keynesian are advoca...
opaque set sound barrier
  02/11/12


Poast new message in this thread



Reply Favorite

Date: February 9th, 2012 8:39 PM
Author: Tripping trust fund persian

http://www.bloomberg.com/news/2012-02-09/columbia-s-sachs-says-krugman-is-crude-keynesian-on-spending-tom-keene.html

“Paul has a powerful bully pulpit in his New York Times column, and he’s been on one theme for three years,” Sachs said. Krugman has “under-emphasized the risks of growing debt, he’s over-asserted what we really know about the effects of these policies and he has underestimated the long-term need for public-sector change and reform,” Sachs said.

“Krugman has staked out a rather crude Keynesian position and unrelentingly so,” Sachs said today, referring to John Maynard Keynes, the British economist who advocated government spending to spur economic growth during the Great Depression. Krugman “knows one thing, which is stimulus, stimulus, stimulus and expand deficit spending,



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933319)



Reply Favorite

Date: February 9th, 2012 8:41 PM
Author: Titillating Walnut Forum

sachs is even more left wing than krugman you dumbshit

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933332)



Reply Favorite

Date: February 9th, 2012 8:42 PM
Author: Tripping trust fund persian

Sachs fucked up with his Russian revival argument in the 90's.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933337)



Reply Favorite

Date: February 9th, 2012 9:13 PM
Author: Chocolate Trip Useless Brakes Idiot

TBF the SHOCK (therapy) doctrine worked pretty well for Czech and Poland among others.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933520)



Reply Favorite

Date: February 9th, 2012 9:27 PM
Author: Tripping trust fund persian

Source for claim?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933587)



Reply Favorite

Date: February 9th, 2012 8:42 PM
Author: awkward alpha

Nobody is opposed to it per se. It just does not work. Am I opposed to "cleaning" your car with grease?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933334)



Reply Favorite

Date: February 9th, 2012 8:45 PM
Author: Tripping trust fund persian

Do you think economists just decide the optimal level of government spending on the basis of a rough notion of fairness?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933352)



Reply Favorite

Date: February 9th, 2012 9:12 PM
Author: Emerald Halford

You are the dumbest fucking poster on this site. Kill yourself.

(For those following along at home, no it's not brilliant play dumb shtick either).

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933516)



Reply Favorite

Date: February 9th, 2012 8:46 PM
Author: dun kitty psychic

Spending now, austerity later is what this economy needs. To believe otherwise is idiotic.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933356)



Reply Favorite

Date: February 9th, 2012 8:47 PM
Author: Tripping trust fund persian

Why, brother? Can you provide a couple cogent reasons to buttress your argument? I am naturally sympathetic to your claim. Thanks

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933366)



Reply Favorite

Date: February 9th, 2012 8:50 PM
Author: dun kitty psychic

Economies are depressed by lack of investment or lack of demand. Interest rates are 0 so it ain't lack of investment. Consumers won't spend because they are fearful they will lose their jobs, which depresses the economy more. We are now in a vicious cycle. Luckily the government has a printing press and can get roads and shit built that we are going to need in the future anyway to stimulate demand. This deficit spending is fine if you have Medicare death panels in place in the future. Dems have been completely unserious about that though.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933378)



Reply Favorite

Date: February 9th, 2012 8:51 PM
Author: Tripping trust fund persian

What about the broken glass fallacy, brother?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933385)



Reply Favorite

Date: February 9th, 2012 8:54 PM
Author: dun kitty psychic

Productivity improvements help everyone. That glassmaker can move on to more produtive profession. We could have full employment if we went Pol Pot and swung scythes in the wheat fields, but that would be dumb.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933405)



Reply Favorite

Date: February 9th, 2012 9:00 PM
Author: arousing useless international law enforcement agency

hires dude to dig ditch than cover it.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933441)



Reply Favorite

Date: February 11th, 2012 11:33 AM
Author: Tripping trust fund persian



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19942465)



Reply Favorite

Date: February 9th, 2012 8:57 PM
Author: Indigo excitant pisswyrm mad cow disease

death panels or actually tax billionaires.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933417)



Reply Favorite

Date: February 9th, 2012 8:59 PM
Author: arousing useless international law enforcement agency

or how about we stop giving free shit to poors who don't work and commit crimes?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933436)



Reply Favorite

Date: February 9th, 2012 9:25 PM
Author: bistre affirmative action trailer park

so fucking tired of this conservative bogeyman. you think all 300,000 people who make new unemployment claims every fucking week are criminals who don't work?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933579)



Reply Favorite

Date: February 10th, 2012 12:09 AM
Author: Cyan Insane Piazza Stock Car

tcr

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19934968)



Reply Favorite

Date: February 10th, 2012 9:42 AM
Author: Dashing Spot

That's not what he said shitlib

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936400)



Reply Favorite

Date: February 9th, 2012 8:47 PM
Author: Ivory background story volcanic crater

MFE (not sarcasm)

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933369)



Reply Favorite

Date: February 9th, 2012 8:50 PM
Author: arousing useless international law enforcement agency

I hate Keynes esp. on full employment, but if you think we need austerity now that's insane.

Thoughts on social credit? I saw a refernce to it in Keynes and now I'm going on a SC/guild soc binge

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933379)



Reply Favorite

Date: February 9th, 2012 8:53 PM
Author: Tripping trust fund persian

Thoughts on Krugman's economics?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933398)



Reply Favorite

Date: February 9th, 2012 8:54 PM
Author: arousing useless international law enforcement agency

As an economist, he's a great writer

Kidding aside, as far as NYT Op/ed columnists go, he borders on tolerable.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933401)



Reply Favorite

Date: February 9th, 2012 8:55 PM
Author: Tripping trust fund persian

Example? Also, are you opposed to a social safety net? Do you think conservatives are right for calling for the elimination of things like TANF?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933406)



Reply Favorite

Date: February 9th, 2012 8:59 PM
Author: arousing useless international law enforcement agency

He's a proponent of hudson river school economics e.g. Bizarro Laffer.

Safety net, no, not at all. Fine with that. Universal HC too. Free shit for people who have no intention of working and commit crimes, that I tend to oppose.

I have mixed feelings on TANF. I'll tell you where we do cut - schools in urban neighborhoods and BOOMER pensions. Sentry turret for the former, death panels for the latter.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933428)



Reply Favorite

Date: February 9th, 2012 9:01 PM
Author: Tripping trust fund persian

What explains the persistence of poverty in America?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933451)



Reply Favorite

Date: February 9th, 2012 9:02 PM
Author: arousing useless international law enforcement agency

The identity politics game and American black culture as a whole (though it's not just blacks).

Specifically, if you mean the Gini, we can never adequately institute socialism because of cultural and ethnic heterogeneity more broadly. Look at european countries with high Gini and strong (not communistic) socialisms. All scandanavian. All collectivistic. All one race/culture.

God forbid I ever say that in public though.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933456)



Reply Favorite

Date: February 9th, 2012 9:20 PM
Author: Tripping trust fund persian

Why is healthcare free in the Scandinavian countries?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933553)



Reply Favorite

Date: February 10th, 2012 5:02 PM
Author: racy disgusting heaven

The explanation is cultural. They'd rather have more benefits and pay for them than less benefits and more takehome. However, the Scandinavian paradise is fading due to an influx of immigrants flooding the entitlement system. natural born swedes don't want to pay for immigrant benefits.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938334)



Reply Favorite

Date: February 9th, 2012 9:30 PM
Author: appetizing mood philosopher-king

Racial inequality and its cumulative nature certainly are at play here.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933603)



Reply Favorite

Date: February 10th, 2012 6:46 AM
Author: Amethyst hairy legs

because poverty is a social construct. the poors in America are doing quite well.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936130)



Reply Favorite

Date: February 10th, 2012 12:24 PM
Author: Lake corner



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936925)



Reply Favorite

Date: February 9th, 2012 8:55 PM
Author: dun kitty psychic

His support for unions in nauseating but otherwise good. Give him credit for ripping Bush from day 1.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933409)



Reply Favorite

Date: February 9th, 2012 8:59 PM
Author: arousing useless international law enforcement agency

I'm a fan of his union support.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933432)



Reply Favorite

Date: February 9th, 2012 9:08 PM
Author: dun kitty psychic

(mafia)

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933497)



Reply Favorite

Date: February 9th, 2012 9:00 PM
Author: cowardly vibrant chad mediation

you just make things up. you don't know what you are talking about.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933439)



Reply Favorite

Date: February 9th, 2012 8:47 PM
Author: dun kitty psychic

Bad idea if you don't cut spending in the future. Dems made it clear they won't cut Medicare ever, even when it's 20% of GDP.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933367)



Reply Favorite

Date: April 17th, 2012 6:08 PM
Author: Tripping trust fund persian



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#20484438)



Reply Favorite

Date: February 9th, 2012 9:07 PM
Author: Grizzly motley degenerate reading party

it's just gone too far. dems these days act like every economic problem can be solved w/ some government spending. how's japan, greece doing with that?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933483)



Reply Favorite

Date: February 9th, 2012 9:13 PM
Author: Tripping trust fund persian

Ummmm..austerity measures (slashing important social safety net benchmarks) has caused immense social upheaval and increase in poverty. its not helping in Greece. They should have spent more.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933522)



Reply Favorite

Date: February 9th, 2012 9:20 PM
Author: Wonderful Dysfunction Temple

*defaults*

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933558)



Reply Favorite

Date: February 9th, 2012 9:21 PM
Author: Tripping trust fund persian

thoughts on Keynesian economics?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933560)



Reply Favorite

Date: February 9th, 2012 9:47 PM
Author: Wonderful Dysfunction Temple

i'm dumb, dooder. hence the one-liner.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19933711)



Reply Favorite

Date: February 10th, 2012 7:33 AM
Author: elite multi-colored ratface

"they should have spent more"

yeah, they've been spending like there's no tomorrow for years. that's why greece has the largest debt relative to GDP in the entire world. their ridiculous spending was what got them into this mess in the first place. spending MOAR, especially when they're about to default by the bunches, is retarded. you seem dumb.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936141)



Reply Favorite

Date: February 10th, 2012 9:45 AM
Author: Tripping trust fund persian

http://www.nytimes.com/2012/02/10/business/global/breakthrough-on-austerity-cuts-clears-way-for-greek-deal.html?_r=1&ref=world

In a highly political climate ahead of elections expected as early as April, the leaders agreed to a range of unpopular measures, including cutting the minimum wage on which all private-sector contracts are based by 22 percent — 30 percent for workers under 25. This in a country where average wages have dropped 15 percent since 2009, after having risen by that amount in the relatively prosperous years between 2004 and 2009, according to a study by the Bank of Greece.

They also agreed to shorten the terms of collective bargaining agreements, freeze private sector salary increases until unemployment drops below 10 percent from its current 19 percent, loosen job protections in the public sector and by the end of 2015 cut 150,000 jobs from the government payroll of 800,000.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936410)



Reply Favorite

Date: February 10th, 2012 9:47 AM
Author: Dashing Spot

What's you point? Overpaid workers got pay cuts? Stupid shitlib.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936417)



Reply Favorite

Date: February 10th, 2012 9:49 AM
Author: Tripping trust fund persian

reduction of minimum wage and the social safety net, translate into a greater number of Greeks descending into a state of poverty and destitution. How the fuck is that rejuvenating the economy, tard?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936426)



Reply Favorite

Date: February 10th, 2012 9:54 AM
Author: awkward alpha

You need to understand something: The debt-fueled binge up until 2009 was unsustanable. A drop in the wages and standards of living of most people has to come in order to cleanse the system. The question is whether you want it to be short or pro-longed, 1921 or 1929, you tell me.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936436)



Reply Favorite

Date: February 10th, 2012 9:58 AM
Author: Tripping trust fund persian

Why do we have to cut into social safety net basics (like minimum wage)? Why not require the Greeks cut military spending or reduce its spiraling bureaucratic infrastructure? Why do we have to harm the ordinary citizen? What ever happened to justice?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936444)



Reply Favorite

Date: February 10th, 2012 10:01 AM
Author: awkward alpha

First, for anyone who is not an economic illterate, the min wage does nothing but hurt the lower classes. It is a tool used by unions to boolster their own power at the expense of unskilled labour. Maybe pick Healthcare or something next time.

The perfect video for an eco-newbie:

http://www.youtube.com/watch?v=IFbYM2EDz40

Second, you will not find me disputing the cutting of military spending, but I think that for Greece, it is the social shit that is killing them (unlike in America, where military spending is indeed a tangible drain).

Finally, do not throw words like "justice" around. Unless you define them, they are meaningless emotionally-loaded terms.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936454)



Reply Favorite

Date: February 10th, 2012 10:04 AM
Author: Tripping trust fund persian

Can you talk about military spending in America? Does it have an economic stimulus by giving ordinary Americans work? What about the military industrial complex?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936461)



Reply Favorite

Date: February 10th, 2012 10:08 AM
Author: awkward alpha

Gov't spending is never a "stimulus" because it has to suck up the resources from someone/somwhere else. Infact it is the opposite because the gov't tends to be horribly inefficient with how to utilizes these resources ($600 toliet seats anyone?). I am on the fence about which is worse, social or military spending. Both are far worse than if the gov't just used taxpayer money to dig and re-fill ditches. With military spending, you blow the money, but you also anger alot of people around the world. With Social spending, you blow the money, but you also subsidize and encourage non-production and poverty. Tough call.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936470)



Reply Favorite

Date: February 10th, 2012 10:10 AM
Author: Tripping trust fund persian

So do you think it's the government's duty to address poverty and income inequality? How can inanimate market forces rectify unjust distributions of wealth?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936482)



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Date: February 10th, 2012 10:18 AM
Author: Dashing Spot

Inanimate market forces have enriched Chinese living in poverty.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936502)



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Date: February 10th, 2012 10:19 AM
Author: Tripping trust fund persian

sOURCE? There are millions of Chinese people still in poverty. Abject poverty?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936506)



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Date: February 10th, 2012 10:40 AM
Author: Dashing Spot

Have you been living under a rock for 20 years? If you're too stupid to see or google Econ data on how many people have been lifted out of poverty In china due to global capitalism, I'm not going to continue this.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936575)



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Date: February 10th, 2012 10:46 AM
Author: Tripping trust fund persian

China has about 150 million people living below the United Nations poverty line of one US dollar a day.

[ Wikipedia “Income Inequality in China”; China Development Research Foundation Feb 2011 report ]

Nearly 500 million Chinese people live on less than $2 a day.

[ BBC News “Millions 'left behind' in rural China” May 12, 2010 ]

85% of China’s poor live in rural areas, with about 66% concentrated in the country’s west.

[China Development Research Foundation Feb 2011 report ]



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936598)



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Date: February 10th, 2012 10:55 AM
Author: Dashing Spot

You're stupid or a troll. These numbers are an amazing improvement over what it was 30 years ago.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936638)



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Date: April 26th, 2017 9:12 PM
Author: Ruby vigorous half-breed

et tu randy?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#33171199)



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Date: February 10th, 2012 10:19 AM
Author: awkward alpha

"unjust distributions"

I do not know what this is. Stop just throwing around words like that.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936505)



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Date: February 10th, 2012 10:24 AM
Author: Tripping trust fund persian

Where do you stand on the issue of income inequality? Do you think it is a natural result of inanimate market forces?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936523)



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Date: February 10th, 2012 11:01 AM
Author: awkward alpha

a) Market forces are not "inanimate" the market is each and every one of us. It is organic.

b) My stand on income inequality is the same as my stand on height inequality or weight inequality; So, what?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936656)



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Date: February 10th, 2012 10:14 AM
Author: Dashing Spot

I usually agree with you but if govt spending was zero, I would say building a DEFENSIVE military, court systems to enforce contracts, and a police force would be a stimulus. Agreed, at this level of spending, no more spending is stimulative, and counter-productive.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936490)



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Date: February 10th, 2012 10:18 AM
Author: awkward alpha

Yea, the dicussion is in the context of gov't social programs and such, not the justice system. Many good people would agree with your opinion re: Gov't expenditure on courts/police/defense as being legitimate and helpful.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936503)



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Date: February 10th, 2012 3:19 PM
Author: racy disgusting heaven

I think u and I are bros, bro. SSM hasn't read Bastiat, though..

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19937867)



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Date: February 10th, 2012 4:31 PM
Author: Tripping trust fund persian

Yes I have, brother. I've read the broken window fallacy argument vis a vis Iraq War 2003.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938178)



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Date: February 10th, 2012 4:57 PM
Author: racy disgusting heaven

"hasn't read bastiat." your familiarity w one of his better known contributions doesn't mean anything. Have you read economic sophisms or the law? Guaranteedly the answer is no, because if it were yes, this thread wouldn't exist.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938320)



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Date: February 10th, 2012 5:01 PM
Author: Tripping trust fund persian

How do you see the relevance of the broken window fallacy to the Iraq War 2003? Thanks

No, I've never read those works. Can you recommend which one?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938330)



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Date: February 10th, 2012 5:06 PM
Author: racy disgusting heaven

We probs agree on the broken window fallacy and the relevance to the Iraq war is self apparent brother. I'd recommend the law, or Hazlitt who draws influence from bastiat and is eminently readable.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938340)



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Date: February 10th, 2012 5:09 PM
Author: Tripping trust fund persian

who is your intellectual godfather, brother?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938351)



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Date: February 10th, 2012 5:12 PM
Author: racy disgusting heaven

Dr. Seuss

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938367)



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Date: February 10th, 2012 5:13 PM
Author: Tripping trust fund persian

180, brother.

I seriously meant it.

Mine is Theodoro Adorno and Antonio Gramsci.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938372)



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Date: February 10th, 2012 5:29 PM
Author: racy disgusting heaven

Cannot most of the world's ills be more effectively examined through the lens of Seussian axioms?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938452)



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Date: February 10th, 2012 5:31 PM
Author: Tripping trust fund persian

Give an example for illustration purposes?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938470)



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Date: February 10th, 2012 5:35 PM
Author: racy disgusting heaven

On the issue of genocide: "A person's a person, no matter how small."

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938496)



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Date: February 10th, 2012 5:35 PM
Author: Tripping trust fund persian

Thoughts on Gramsci?

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938499)



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Date: February 10th, 2012 5:37 PM
Author: racy disgusting heaven

"One fish two fish red fish blue fish."

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19938506)



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Date: June 14th, 2012 8:09 AM
Author: Tripping trust fund persian



(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#20885578)



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Date: February 10th, 2012 9:45 AM
Author: Dashing Spot

When you take candy away from children, they get mad shitlib.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19936413)



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Date: February 10th, 2012 3:20 PM
Author: Exhilarant maroon market legal warrant

can i make a joke about how i dont take economic advice from the lead singer of tool

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19937875)



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Date: February 11th, 2012 11:36 AM
Author: opaque set sound barrier

Most conservatives who claim to be anti-Keynesian are advocates of tax cuts as a form of economic stimulus, which is Keynesian.

(http://www.autoadmit.com/thread.php?thread_id=1869920&forum_id=2#19942474)