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Debt is money that we already owe, cutting spending doesn't "erase" debt.Quote:
Originally Posted by Ignignokt
But if we do cut spending we'll probably end up hurting the economy. This is what the Fed believes and why wouldn't suddenly taking billions of dollars of spending out of the economy not hurt it?
We can't raise revenue because history shows that we increase spending? What a lazy argument.
You should take the rest of the day off. You earned it. It can't be easy cramming so much horseflop in.:lolQuote:
Originally Posted by Ignignokt
At the end of the day, your whole case was a bunch of unconnected dots. You mock all of us for not connecting them, but you never connected them yourself.
You just bang on about how Keynes and FDR were demon indwelt.
Quote:
deep stuff
Pearl Harbor?Quote:
Originally Posted by Ignignokt
This?Quote:
Robert Stinnett, in his book Day of Deceit (2001),[8] claims Kimmel was deliberately kept ignorant, at least indirectly on the specific orders of FDR, because the President and others were aware not only of Japan's intent to attack Pearl Harbor, but also of the date and time. Kimmel, Stinnett argues, was given deceptive orders. In fact, Kimmel was denied access to MAGIC for security reasons, and worked poorly with his Army counterpart, General Walter Short, who had responsibility for defending the fleet.[9] Stinnett argues Admiral Kimmel and General Short were scapegoated to cover up deliberately allowing the Japanese to strike in order to arouse American public opinion.
http://en.wikipedia.org/wiki/Husband_E._Kimmel
Quote:
The Japanese attack on Pearl Harbor occurred on December 7, 1941. Edwin T. Layton related that during the attack, “Kimmel stood by the window of his office at the submarine base, his jaw set in stony anguish. As he watched the disaster across the harbor unfold with terrible fury, a spent .50 caliber machine gun bullet crashed through the glass. It brushed the admiral before it clanged to the floor. It cut his white jacket and raised a welt on his chest. ‘It would have been merciful had it killed me,’ Kimmel murmured to his communications officer, Commander Maurice ‘Germany’ Curts.”[2][3] In The World at War a naval serviceman, who had been situated alongside Admiral Kimmel during the attack, recalled that as Kimmel watched the destruction of the fleet, he tore off his four star shoulder boards and replaced them with those of a Rear Admiral, in apparent recognition of the impending end of his command of the Pacific Fleet.
Amity Shlaes?Quote:
Originally Posted by Iggy
Guys.... Settle down.
The whole reason the great depression lasted so long, was that politicians did as the always do. Pointed fingers at everyone, and scared the people in how they wanted to use their power.
They made it political. Just like today.
It's Bush's fault.... Still. Just ask any liberal who wants to raise the taxes of employers. No wonder employers are afraid to hire more people.
They don't want to hire more people because people aren't spending.
Taxes were plenty high on corps and citizens and capitalists from '45 to '75, and USA had huge growth in real wealth, widely shared.
There are plenty of places who need more help, like where I work. They are simply working those of us who don't mind working overtime allot. There are several of us in my small division alone working enough overtime to keep five or more people from being hired. Other places are doing the same thing. With the uncertainty of future business costs, they are only hiring people as a last resort.Quote:
Originally Posted by ChumpDumper
Also had higher import tariffs, and our free trade agreements of today didn't exist.Quote:
Originally Posted by boutons_deux
Who is buying part changing?Quote:
Originally Posted by Wild Cobra
I repair automation equipment. You find automation equipment just about everywhere.Quote:
Originally Posted by ChumpDumper
Like they weren't hiring in the Clinton days when the taxes were higher?Quote:
Originally Posted by Wild Cobra
Just ask any conservative or liberal how that statement you made is full of shit.
Sorry, part changing does not an economy make.Quote:
Originally Posted by Wild Cobra
You minimize the helpfulness of unions in agreeing to wage flexibility, but that's essentially my understanding too.Quote:
Originally Posted by Ignignokt
The media conspracy goes all the way back, huh?Quote:
Originally Posted by Ignignokt
"the market reallocating it's resources"
the 1929-1932 banking system and wall st were financing the market?
Recently listened to H. W. Brand's Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt
Recommended for those who are interested (and you'd have to be at 888 pages and/or one long audiobook).
Just found out that Brand is a professor at UT - Hook 'em!
What stood out for you?
When ida tarbell who was related to the Sun Oil exec wrote a scathing article against standard oil which led to anti trust. What? is it hard to concieve that there is ideological biases in trades? Does that violate any law of this metaphysical universe?Quote:
Originally Posted by Winehole23
Okay, maybe you were looking for a Economy Job that symbolizes the whole economy as an example. That's a reasonable expectation.Quote:
Originally Posted by ChumpDumper
Maybe I wasn't.Quote:
Originally Posted by Ignignokt
Besides, you weren't being addressed.
Hypocrite.