Capitol Hill Blue Forums Political Issues Politics In General Sense vs. Nonsense in Debt Ceiling Debate

bahh ... all mainstream sources and therefore corrupted liberal sources ... where are the right wing sources such as hannity and limbo???

I guess I can understand why you are trying so hard to distance yourself from the one claim you made that I responded to which was, "no one knows what makes the economy contract and expand". By the way, some refer to such contractions and expansions as a business cycle. Personally, I refer to the modern version as a credit cycle. Neither here nor there, but just thought I might re-mention that.:-)
Anyway, since you believe that noboby sounded out warnings about what certain polices would lead to, and you erroneously believe that Ron Paul did not warn about what would happen as a consequence of some government economic actions, this fellow is another canary in the mine:
Yours,
Issodhos

let me cite myself

that was not very clear but i think i was more than clear enough for you to figure it out but then again i assume people can put their thinking caps on and arrive at the logical conclusion of a series of facts or arguments. Again you have proved me wrong ... i guess my mathematical training just overwhelms me

yes all economists can derive some understanding of what happened during economic variations ... it's a look back thing ... just as Friedman/Keynes believes he understands what caused the great depression after the fact he still couldn't predict when it would happen again and yet he understands in his mind what caused it ... likewise in your citation Paul understands what might happen but he fails to predict when it would happen

let's see i predict one economic uptick and one economic downturn within the next 10 years ... i think statistically i am historically sitting on a probability of 1.0

...

Why is "this" a "contest"?

"Really"? "Nonsense" IS A "CONTESTANT"?

"REALLY"?

Spending Cuts To Whack Economy?
One element in the boneheaded taxedenoughalready "strategy" that we haven't discussed much is the wrongheadedness of cutting spending in a recession. Cutting "Big Government" right now owill cause a further reduction in the dynamic of exchanging goods and services, which is my definition of an economy. The downward angle of trajectory of the economic spiral will become steeper, reducing incomes (and jobs) and reducing revenues that are generated from goods and services exchanges. It's a really stupid idea, and we knows whose idea it is.

Government spending needs to be reformed, for sure. But just frantically cutting it will not be positive or productive. It should be done in an intelligent and systematic way that optimizes and enhances the dynamic of beneficial exchanges of goods and services.

Government revenue production systems also need to be reformed, and "economic" activity that does not contribute to the healthy exchange of goods and services (such as speculation and gambling) should be taxed in a discouraging way.

The whole idea of investment as being something that wealthy people do, and it being the primary driver for a healthy economy, is more of the upside-down myth of the Trickle Down theory. An economy is the sum of exchanges of goods and services and is driven by those exchanges. Investment occurs when and where there is a need for more goods and services.

A healthy economy occurs when and where the most opportunity for healthy exchanges of goods and services happens, and that is antithetical to our current situation of a widening gap between rich and poor. GW Bush was superficially right when he glibly said that Americans needed to go out and spend more money - the problem was that most Americans have less money to spend. But most Americans will not have more money to spend if the system continues to allow wealth to concentrate in the hands of a few percent of citizens (and corporations... or super citizens as we now know them). Keeping taxes low on the rich will not invigorate the economy. And poor people don't pay taxes.

We don't need to spend less, we need to spend better. If the wealthy pay increased taxes to facilitate this, then they will make even more money from a healthier economy.

It's a vision thing: the near-sighted can only see their current pile of money, and fearfully try to protect it from all the greedy sunzabiches who would steal it from them (as though it is all there is or will be - MaR has repeatedly expressed this position very cogently, "My vote goes to whoever puts another dollar in my paycheck..." (paraphrased)); the farsighted see that we are inextricably bound together in a vast organism where health is a mutually dependent condition.

Had the Obama Administration GIVEN each and every American $10,000 instead of bailing out the banksters, our economy would be very healthy right now, humming along merrily.

More accurately, it's a DNA thing. Scientists have shown differences in librul and conservative brains and the side of the brains which produces fear is larger in conservatives.

Theological conservatives want to test for a 'gay gene' - I want a test for the conservative brain, in utero, so that parents can make an informed, wise choice...

EXACTLY!!
California Rick for President!!