Trickle down voodoo-economics at work....

Kacper said:
President Clinton happened to be President when the global economy surged ahead due to computers, including in countries that were unaffected by US policy. The debt was already projected to grow by $9T over the next 10 years even if nothing else changed because of social security and medicare obligations, so yes I do know that. Debts don't grow by $9T if there is no deficit.
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The power structure has no need to worry about any so called debt, and you'll notice they don't. At all. Only their mouths pretend otherwise, not their actions.
 
Havana Moon said:
Fuck me rigid, he is ten times the man you are when it comes to economic matters.

Sent from my Lenovo K8 using Tapatalk
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In an unrelated matter. I see your on the OP's banned from the thread list.

How the fuck did you pull off posting here.

:rofl2:
 
Bigdog said:
So you're just here to take an angry dump ... on patriotic Americans ... because your life didn't turn out the way you wanted it to.

:palm:
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I'm good thanks, the thing is, it is america that did not turn out the way america says it did/does, and wants us all to forget.

Sorry, we didn't.
 
Fentoine Lum said:
I'm good thanks, the thing is, it is america that did not turn out the way america says it did/does, and wants us all to forget.

Sorry, we didn't.
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So you're taking an angry dump ... because "America" broke a promise to you ... and your butthurt.

:palm:

Got those minimum wage stats for me, yet?
 
Bigdog said:
In an unrelated matter. I see your on the OP's banned from the thread list.

How the fuck did you pull off posting here.

:rofl2:
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I have told him repeatedly that he is on my permanent thread ban list of known racists, trolls, libelers, and dunces. But he apparently cannot stay away from my threads, and I think the mods have some explanation of how he is willfully able to evade thread bans.

On the topic of the thread, I never cease to amaze that no matter how many times trickle down, voodoo economics fails to deliver on its predictions and promises, and generally ends up resulting in fiscal and budgetary disaster, the rightwing clings to it like an article of faith. Which leads to another interesting question....is this weird rightwing fealty to voodoo economics an article of faith? Is it borne of immutable emotional investment? Are there deep roots of dishonesty that compel them to support it? Or are the other reasons they support the failures of voodoo economics, but are unwilling to articulate? I have my theories about it....
 
Cypress said:
I have told him repeatedly that he is on my permanent thread ban list of known racists, trolls, libelers, and dunces. But he apparently cannot stay away from my threads, and I think the mods have some explanation of how he is willfully able to evade thread bans.

On the topic of the thread, I never cease to amaze that no matter how many times trickle down, voodoo economics fails to deliver on its predictions and promises, and generally ends up resulting in fiscal and budgetary disaster, the rightwing clings to it like an article of faith. Which leads to another interesting question....is this weird rightwing fealty to voodoo economics an article of faith? Is it borne of immutable emotional investment? Are there deep roots of dishonesty that compel them to support it? Or are the other reasons they support the failures of voodoo economics, but are unwilling to articulate? I have my theories about it....
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Look at the economic growth of the '80's. Those numbers speak for themselves. Obama was your traditional big government Keynesian and look what that produced. And economic inequality continued on a hockey stick. What's the argument today for Keynesian economics and what examples of success are we supposed to look to?
 
Cypress said:
I have told him repeatedly that he is on my permanent thread ban list of known racists, trolls, libelers, and dunces. But he apparently cannot stay away from my threads, and I think the mods have some explanation of how he is willfully able to evade thread bans.

On the topic of the thread, I never cease to amaze that no matter how many times trickle down, voodoo economics fails to deliver on its predictions and promises, and generally ends up resulting in fiscal and budgetary disaster, the rightwing clings to it like an article of faith. Which leads to another interesting question....is this weird rightwing fealty to voodoo economics an article of faith? Is it borne of immutable emotional investment? Are there deep roots of dishonesty that compel them to support it? Or are the other reasons they support the failures of voodoo economics, but are unwilling to articulate? I have my theories about it....
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And yet, you still can't fathom the critical importance of foreign competition in a global market, and the power of the American consumer.

:palm:

We no longer have a virtual monopoly on the infrastructure required for industrial manufacturing.
 
cawacko said:
Look at the economic growth of the '80's. Those numbers speak for themselves. Obama was your traditional big government Keynesian and look what that produced. And economic inequality continued on a hockey stick. What's the argument today for Keynesian economics and what examples of success are we supposed to look to?
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Obama saved us from a Second Great Republican Depression.
Obama the relentless Kenyesian? Once the GOP took over, they blocked almost all of Obama's infrastructure and public works proposals. The argument could be made they actually intentionally tried to crash the economy, with their relentless threats to default on the national deft.

I do not think you remember that Reagan's 1981 tax cut was actually followed by the worst post-World War 2 recession this nation ever had -- until 2008. It is a dubious proposition to claim the economic expansion that began in the mid-80s was due to the disasterous 1981 tax cut....because Reagan began a massive expansion the military (aka, government spending), and he also took many steps to raise taxes and revenue after 1983. Some argue that Reagan was the biggest tax increaser in modern history.

The 1980s was the beginning of the hallowing out of the middle class. The demise of the middle class began in earnest under Reagan. The investor class did very well.
 
Fentoine Lum said:
The power structure has no need to worry about any so called debt, and you'll notice they don't. At all. Only their mouths pretend otherwise, not their actions.
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I don't disagree, particularly with so many baby boomers still masturbating with public policy to make sure they get theirs even if it screws everybody who came and come behind them
 
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