You beat me to it. I blame the government.Undeed said:You can blame the government for damn near anything. That doesn't make it feasible or true, but you can say whatever you want.
http://ecx.images-amazon.com/images/I/514Q-kzr4jL._SL500_AA240_.jpgDoctorNick said:For tanking the economy with inflationary policies that led to poor lending practices and digging the hole deeper by destroying capital with higher taxes and a multiplied deficit.
Is there somewhere I can get off the good ship Obama?
Your Keynesian economics does not impress me. Such a school of though has been prevalent for some time now and I've seen nothing but trouble from it.Horticulture said:http://ecx.images-amazon.com/images/I/514Q-kzr4jL._SL500_AA240_.jpgDoctorNick said:For tanking the economy with inflationary policies that led to poor lending practices and digging the hole deeper by destroying capital with higher taxes and a multiplied deficit.
Is there somewhere I can get off the good ship Obama?
http://ecx.images-amazon.com/images/I/51xJUJhLlkL.jpg
Please read.
Peter was right and he is still right, we can't keep going to way we're going. We have to let stuff die.DoctorNick said:For tanking the economy with inflationary policies that led to poor lending practices and digging the hole deeper by destroying capital with higher taxes and a multiplied deficit.
Is there somewhere I can get off the good ship Obama?
Edit:
Oh, and by the way PETER SCHIFF WAS RIGHT. [http://www.youtube.com/watch?v=zdVP_sgCETo]
Unfortunately our new RoboOverlord Obamatron's HopeChange juggernaut apparently feels they need to do more. [http://www.youtube.com/watch?v=QOVDqZEQk8E&feature=related]CrimsonAssassin said:Peter was right and he is still right, we can't keep going to way we're going. We have to let stuff die.DoctorNick said:For tanking the economy with inflationary policies that led to poor lending practices and digging the hole deeper by destroying capital with higher taxes and a multiplied deficit.
Is there somewhere I can get off the good ship Obama?
Edit:
Oh, and by the way PETER SCHIFF WAS RIGHT. [http://www.youtube.com/watch?v=zdVP_sgCETo]
Last I checked, it took both supply and demand to, you know, have an economy. But what do I know? After all, I learned economics from the Man.DoctorNick said:Your Keynesian economics does not impress me. Such a school of though has been prevalent for some time now and I've seen nothing but trouble from it.
Supply-side all the way baby.
The fact that there was an economic bubble in some sectors doesn't mean that the entire world's economy needs to contract. Schiff's tirades about 'phony wealth' and the need to decrease consumption are disproven by the facts of the current recession: real productive capacity in the 'underproducing' U.S. is declining as a result of low demand.CrimsonAssassin said:Peter was right and he is still right, we can't keep going to way we're going. We have to let stuff die.