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Jordan Mills on choosing Tech:
“It’s a great experience seeing them play. It was a good atmosphere. The fans stood up the whole game and never sat down. They have a great fan base.”
I wish we could try something for an extended period to see which is right. We will try trickle-down for 8 years and we have booms and busts (Reagan/Bush) and then we try Keynsian for 8 years and we get booms and busts (Clinton/Obama). Economists disagree over political lines of which is best. Trickle-down makes a lot of sense to me, but I'm conservative and believe people create jobs not the government. Liberals will argue that it's the government's role to create jobs.
With the nuts in DC fiddling with dynamite (debt) and the Greek train wreck looming on the horizon. Its getting harder and harder to believe that we're going to come out of this fiscal mess without having another huge financial meltdown. Housing,banking,unemployment and underfunded reirement plans continue to lurk. All the while the nuts in DC are going into full campaign mode for 2012. Absolutely no leadership!
My view - Keynesian strategies may work to smooth the downside of an economic cycle, but any manipulation of the market leads to a loss of total efficiency. Therefore, the longer you manipulate the market, the more you hurt the market over the long term. Furthermore, Keynesian strategies are only of limited effectiveness and are only useful for small corrections in the most predictable economic cycles. Overmanipulation or use of Keynesian strategies to direct the market will only in rare cases achieve the desired result, but more significantly hurts long-term growth.
Jordan Mills on choosing Tech:
“It’s a great experience seeing them play. It was a good atmosphere. The fans stood up the whole game and never sat down. They have a great fan base.”
And a dyed-in-the-wool lib "friend" of mine argues that capitalism is a proven failure because there are people (the "poor") in the world that have not benefitted from it. Yes, I kid you not, that's his contention, which is echoed by fellow libtards.Originally Posted by Guisslapp
Of course, while these three (that was the number present at that particular time) liberal college professors () all sat in self-righteous indignation of capitalists...once even allowing "well, not all capitalists are totally bad", some like Bill Gates set up foundations....blah, blah, blah...they sipped expensive imported wines, ate expensive foreign delicasies, wore expensive clothes (not from "redneckville" i.e. WalMart), then rushed home in their BMWs, all the while complaining they were under-payed and that the university couldn't hope to keep quality faculty unless it was willing to pay for it. hmmm.....ya mean, like capitalists the better college professors will seek higher pay, and those qualified will realize it? Like that?
And NOT once acknowledging that their jobs, clothes, wine, BMW's etc are all brought to them courtesy of.....capitalism! To be true to their ideals they should refrain from anything produced by capitalists....which would mean they are doomed to stand naked in the wilderness (unless it happens to be privately owned land, then they can't stand there either).
HYPOCRITES!
Not to mention, people are only Keynesian when times are bad. No one wants to throttle back the economy when times are good, and that includes politicians and their constituents. It is the easiest time to do it, but everyone wants the good times to keep rolling. I agree with you that any market manipulation is bad, especially if done by the gov, but if you are going to do it, do it right. You cant just be Keynesian when times are bad, it doesnt work that way. What you end up getting is what we have now. We had a huge boom with no throttle, then we had a huge boost with throttle. What does it lead to? A long time of general malaise and little growth like we have seen for the last decade and are likely to see for the forseeable future.
Jordan Mills on choosing Tech:
“It’s a great experience seeing them play. It was a good atmosphere. The fans stood up the whole game and never sat down. They have a great fan base.”
Sums it up pretty well.
Too bad many americans won't read that or worse, don't care.
Is it the president's responsibility to inform?
Counterproductive to his agenda.
What are you saying?
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