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  1. #76
    Veteran DarrinS's Avatar
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    Curious who here is actually a millionaire. Raise your hand and state your position.
    250K is the new million

  2. #77
    dangerous floater Winehole23's Avatar
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    Its the new reality, not a recession.
    The new reality sucks almost as bad as the recession. Some rebound we're having, eh?

  3. #78
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    Sure - but with no quick fix at some point you have to start doing things like raising taxes. There was a time when we could have done better with stimulus but that time is gone. Now that we got the lemons, we better find some way to make some lemonade.

  4. #79
    Veteran scott's Avatar
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    250K is the new million
    Not what I asked. Learn to read, dip .

  5. #80
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    "find some way to make some lemonade."

    ain't no "way".

    The VRWC's restructuring of the country and economy and the Repugs increasing still extremism and polarization these past 30+ years to their favor and to everybody's else's disfavor is ratcheted into place, irreversible, and as we can see with the obstructive/destructive Repugs in Congress and the Repugs in several states, the ratchet is advancing to screw over public schools (tea party admits they want to destroy public schools), salaries, pensions, employees, patients, unions, retirees, the poor, the disabled, the vets, etc.

    The VRWC has got the country by balls with their Banksters' Great Depression, and they ain't gonna let go. Such huge political and economic power is never given away freely.

  6. #81
    Veteran DarrinS's Avatar
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    I would also point out that technically, we aren't in a recession.

    A lot of people miss that.
    Whew! What a relief. Thanks man.

  7. #82
    I am that guy RandomGuy's Avatar
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    Whew! What a relief. Thanks man.
    That's it? Your entire position here has been debunked as either factually incorrect or logically flawed, and all you have is some weak sauce attempt at sarcasm?

  8. #83
    Veteran DarrinS's Avatar
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    That's it? Your entire position here has been debunked as either factually incorrect or logically flawed, and all you have is some weak sauce attempt at sarcasm?
    What's clearly debunked is Keynesian economics.

  9. #84
    dangerous floater Winehole23's Avatar
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    Now that we got the lemons, we better find some way to make some lemonade.
    We are the lemons, dude, but yeah. People with gross quan ies of spare juice can kick down a little harder.


    (BTW, so can everybody else: we're all in the same boat.)

  10. #85
    dangerous floater Winehole23's Avatar
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    What's clearly debunked is Keynesian economics.
    Every other economic theory has failed or soon will, so it's a rather large club.

  11. #86
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    We are the lemons, dude, but yeah. People with gross quan ies of spare juice can kick down a little harder.


    (BTW, so can everybody else: we're all in the same boat.)
    I won't argue against raising taxes on everyone. I don't think there's much sound economics behind it but I do think there's a lot of sound social reasons to do so. Mainly, maybe people will pay attention more if their having to pay some more into the system.

  12. #87
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    What's clearly debunked is Keynesian economics.
    Um what? Keynesian economics has certainly be reinforced every step of the way in recent years.

  13. #88
    I am that guy RandomGuy's Avatar
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    What's clearly debunked is Keynesian economics.
    Because *you* say it is?

    You will have to pardon me while I don't assign that any credibility whatsoever.

    If I had more time, I would simply search for all the times the 9-11 truthers claim to have "debunked" the claims of the "shills", and see who well that aligns with what you are tryign to do here.

    Since it is so clearly debunked, please demonstrate how. Unless your mouth just cashed a check your ass can't cash.

    That is how the truthers and other conspiracy wankers operate. Claim something they disagree with is "debunked" then completely fail to back up that claim with anything that approaches logical arguments or reasonable evidence, and prance around pretending to have won some great point.

    I call bull on this. Back it up or take it back.

    and no, I won't do your work for you. If you want to be a lazy , just say so up front.

  14. #89
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    He's absolutely wrong but since when has being wrong ever stopped Darrin from anything? Don't expect to draw out substantial conversation from Darrin, though. He's got his trolling methods down to a science.

  15. #90
    dangerous floater Winehole23's Avatar
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    I won't argue against raising taxes on everyone. I don't think there's much sound economics behind it but I do think there's a lot of sound social reasons to do so.
    I roughly agree with this, Manny.

  16. #91
    Scrumtrulescent
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    We really don't know whether Keynesian economics have been debunked or not because the government's attempts at it haven't really been in tune with what Keynes was advocating. Keynes wanted government to make investments in infrastructure and to spend money in other ways that directly contributed to creating demand. Government was supposed to be the en y demanding the goods and services.

    But that's not really what we did. Instead of the government demanding goods and services, the government basically just gave a bunch of money away through tax breaks and other direct payments to individuals hoping that the demand would create itself. The government wanted to spend money to put people to work, but apparantely didn't think it was warm and fuzzy enough to actually require people to work for the money they wanted to spend. The end result was a stimulus package that was essentially ineffective because a large chunk of the population took the money they were given and basically funnelled it to the banks via paying down debt or putting it into savings.

  17. #92
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    Not to mention Keynesian economics is not simply spending when the economy is down but rather draw backs during times of economic boom. Yeah, when the has the United States undertaken that aspect of it?

    The idea behind Keynesian economics is to flatten the wave - not to eliminate all troughs.

  18. #93
    Scrumtrulescent
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    Not to mention Keynesian economics is not simply spending when the economy is down but rather draw backs during times of economic boom. Yeah, when the has the United States undertaken that aspect of it?

    The idea behind Keynesian economics is to flatten the wave - not to eliminate all troughs.
    Good point. We've been practicing our bas ized Keynsian approach through good times and bad, for decades now.

  19. #94
    dangerous floater Winehole23's Avatar
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    We really don't know whether Keynesian economics have been debunked or not because the government's attempts at it haven't really been in tune with what Keynes was advocating. Keynes wanted government to make investments in infrastructure and to spend money in other ways that directly contributed to creating demand. Government was supposed to be the en y demanding the goods and services.

    But that's not really what we did. Instead of the government demanding goods and services, the government basically just gave a bunch of money away through tax breaks and other direct payments to individuals hoping that the demand would create itself. The government wanted to spend money to put people to work, but apparantely didn't think it was warm and fuzzy enough to actually require people to work for the money they wanted to spend. The end result was a stimulus package that was essentially ineffective because a large chunk of the population took the money they were given and basically funnelled it to the banks via paying down debt or putting it into savings.
    According to Keynesian theory, government is supposed to fill the demand gap. Your point that very little practical attempt to do so was made, in favor of temporary tax gimmicks and such, is salient.

  20. #95
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    Much of the ARRA funds went to states and muncipalities to keep people employed and off the dole. Job maintenance is as important and easier than job creation.

  21. #96
    Veteran DarrinS's Avatar
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    Much of the ARRA funds went to states and muncipalities to keep people employed and off the dole.
    They're on the dole either way.

  22. #97
    keep asking questions George Gervin's Afro's Avatar
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    Because *you* say it is?

    You will have to pardon me while I don't assign that any credibility whatsoever.

    If I had more time, I would simply search for all the times the 9-11 truthers claim to have "debunked" the claims of the "shills", and see who well that aligns with what you are tryign to do here.

    Since it is so clearly debunked, please demonstrate how. Unless your mouth just cashed a check your ass can't cash.

    That is how the truthers and other conspiracy wankers operate. Claim something they disagree with is "debunked" then completely fail to back up that claim with anything that approaches logical arguments or reasonable evidence, and prance around pretending to have won some great point.

    I call bull on this. Back it up or take it back.

    and no, I won't do your work for you. If you want to be a lazy , just say so up front.

    sorry RG but if darrins says so it must be the truth..

  23. #98
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    They're on the dole either way.
    no, sitting at home/looking for a job is not producing.

    Being employed at a job is not on the dole.

    The public employees getting laid off and forced to renegotiate pension/employement contract were not the cause of the Banksters' Great Depression.

    They, along with the poor, sick, disabled, young, old, and millions of middle class employees now jobless, are being scapegoated and punished for the Banksters' crimes.

  24. #99
    Veteran Wild Cobra's Avatar
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    Not to mention Keynesian economics is not simply spending when the economy is down but rather draw backs during times of economic boom. Yeah, when the has the United States undertaken that aspect of it?

    The idea behind Keynesian economics is to flatten the wave - not to eliminate all troughs.
    It was also never advocated in times with such high debt ratios.

  25. #100
    Rising above the Fray spursncowboys's Avatar
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    Raising taxes as in just getting rid of the Bush tax cuts?

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