Large-scale planning always fails because the facts upon which it is built are at best unreliable and at worst politically-driven bullshit.
What's hilarious is while we can give you a thousand example where it hasn't worked, you'd be hard pressed to show a single successful case, as Acebb and I have asked you on numerous occasions.
Your laughable ideology is nothing but statistical mush, wishful thinking and theoretical claptrap...and here you are clinging to it like it's "mainstream" reality.
Only in the world of tenured academics!
Loser!@#0:laughingb
The comments are so comically dumb that it is becoming boring even responding.
Keep in mind the idiot had no idea what a "discouraged worker" was, claimed there was no definition, and when it was pointed out to him that he has no clue what he's talking about on the matter he bizarrely then said "well, that's based on a survey"
What a goof.
the only way we reduce our debt is with economic growth
the only way we have economic growth is when businesses and individuals spend their money. Right now, because of the adverse business environment created by regulations, increased taxes, Obamacare, increased costs of doing business, class warfare and generally all the anti-business rhetoric coming from the least prepared man in the room and his poltical allies, businesses are hoarding a record amount of cash. Cutting costs, hoarding cash and pumping is what's driving the markets up.
RR: government is not the solution, it's the problem. Businesses and the American people are the solution
BO: government is the solution, businesses are the problem and they need to be regulated (this man is so fucking stupid he actually thinks politicians can run the economy)
polar opposite approaches, polar opposite results. Yet for some strange reason, some people still don't get it. It's like Obama hasn't gotten everything he wanted, it's like he's not been in office for over 5 years, they're that fucking dense
"a rising tide raises all boats", fact
the only way we have economic growth is when businesses and individuals spend their money. Right now, because of the adverse business environment created by regulations, increased taxes, Obamacare, increased costs of doing business, class warfare and generally all the anti-business rhetoric coming from the least prepared man in the room and his poltical allies, businesses are hoarding a record amount of cash. Cutting costs, hoarding cash and pumping is what's driving the markets up.
RR: government is not the solution, it's the problem. Businesses and the American people are the solution
BO: government is the solution, businesses are the problem and they need to be regulated (this man is so fucking stupid he actually thinks politicians can run the economy)
polar opposite approaches, polar opposite results. Yet for some strange reason, some people still don't get it. It's like Obama hasn't gotten everything he wanted, it's like he's not been in office for over 5 years, they're that fucking dense
"a rising tide raises all boats", fact
I'm not really interested in what anyone says on a particular blog post.
For example:
Between 1901 and 2003, the average U.S. household’s income increased 67-fold, from $750 to $50,302. During the
same period, household expenditures increased 53-fold, from $769 to $40,748.
So the economy grew, and people spent more.
http://www.bls.gov/opub/uscs/report991.pdf
Not the other way around.
Here is an actual example of what I'm saying happening.
In 1997 President Clinton signed a reduction of the capital gains rate from 28 percent to 20 percent. Business investment accelerated, the GDP grew by 4.4% per year on average (33 percent faster than after the Clinton tax hike). Business investment tripled in 1998 and doubled again in 1999 and real wages increased by 1.7% (they had been declining).
Growth is not driven by consumer demand.
In 1997 President Clinton signed a reduction of the capital gains rate from 28 percent to 20 percent. Business investment accelerated, the GDP grew by 4.4% per year on average (33 percent faster than after the Clinton tax hike). Business investment tripled in 1998 and doubled again in 1999 and real wages increased by 1.7% (they had been declining).
Growth is not driven by consumer demand.
But the work force is the lowest in 35 years and that means less spending. What is more, most of that spending is on basics like food, medicine,rent and utilities. Spending is a residual. It is not just about spending, it is more about how much of the excess income is being spent. Big Governement is anti Capitalism and Capitalism is what separated this country from the rest of the world. Big Government overspending and borrowing to do it is not a fix it simply adds fuel to the fire. Big Gov is the problem.
50 Examples of Government Waste - The Heritage Foundation
www.heritage.org/…0/50-examples-of-government-waste
Soaring government spending and trillion-dollar budget deficits have brought fiscal responsibility -- and reducing government waste -- back onto the national agenda.
Insane Government Waste and Use of Taxpayer Money - Katie Pavlich
townhall.com/…insane-government-waste-and-use-of...
The NRCC is out with its new "waste list" which totals more than $18 billion. So what exactly is thegovernment spending your money on? How about:
Government Waste By the Numbers: Report Identifies Dozens of ...
www.foxnews.com/…ics/2011/03/01/government-waste...
A new government report identifies billions of dollars in potential savings if Congress just had the will to streamline initiatives that target politically ...
Government Waste: 20 Of The Craziest Things That The U.S ...
theeconomiccollapseblog.com/…government-waste-20...
You are not going to believe some of the things that the U.S. government is spending money on. According to a shocking new report, U.S. taxpayer money is
www.heritage.org/…0/50-examples-of-government-waste
Soaring government spending and trillion-dollar budget deficits have brought fiscal responsibility -- and reducing government waste -- back onto the national agenda.
Insane Government Waste and Use of Taxpayer Money - Katie Pavlich
townhall.com/…insane-government-waste-and-use-of...
The NRCC is out with its new "waste list" which totals more than $18 billion. So what exactly is thegovernment spending your money on? How about:
Government Waste By the Numbers: Report Identifies Dozens of ...
www.foxnews.com/…ics/2011/03/01/government-waste...
A new government report identifies billions of dollars in potential savings if Congress just had the will to streamline initiatives that target politically ...
Government Waste: 20 Of The Craziest Things That The U.S ...
theeconomiccollapseblog.com/…government-waste-20...
You are not going to believe some of the things that the U.S. government is spending money on. According to a shocking new report, U.S. taxpayer money is
