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(New York Magazine)   Paul Ryan and the Republicans don't let things like "facts" and "reality" and "empirical evidence" get in the way of their economic point of view   (nymag.com) divider line 59
    More: Obvious, Republican, empirical evidence, Yuval Levin, Carmen Reinhart, Independent Payment Advisory Board, electronic medical records, Kenneth Rogoff, National Affairs  
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4982 clicks; posted to Politics » on 11 May 2013 at 12:26 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest


Archived thread
2013-05-11 12:00:28 PM
16 votes:
i1282.photobucket.com
2013-05-11 02:33:24 PM
9 votes:
the civil war was about states rights, fdr caused or extended the depression, evolution is a myth, gays want to eat your soul, global warming is a conspiracy to get grant money, the united nations and the illuminati are after your guns want to force the country into sustainable community FEMA camps, the sitting president of the united states is a foreigner, it will trickle down eventually, no matter what the tax rate is we're always on the right hand side of the laffer curve, the WMDs are in palistinasyriranistan, the polls need unskewed, the market will regulate itself because sniff the invisible glove, the confidence fairy rules all with the exception that threatening default is fiscally sound behavior, teleprompters were invented in 2009 and as a consequence austerity somehow makes sense, and befarkingchrist if i can continue this without wanting to punch myself in the junk for having paid attention to this much stupid that it's readily available in my memory.
2013-05-11 02:54:41 PM
7 votes:

toomuchwhargarbl: News flash, Republicans are malicious passive-aggressive authoritarian liars who think you're stupid enough to fall for the same con over and over and over and over again. This is absolutely not a repeat from every year since 1929.




This joke must date back to the nineteen thirties:
The Democrat Hitchhiker

A boy is hitchhiking on a country road. A car stops for him, and the driver asks, "Are you a Republican or a Democrat?"

"Democrat," says the boy, and the car speeds off.

Another car stops, and the driver asks, "Are you a Republican or a Democrat?"

"Democrat," says the boy, and the car speeds off.

This happens two or three times, and the boy decides he's giving the wrong answer. The next car that stops is a convertible driven by a beautiful blonde. "Are you a Republican or a Democrat?" she asks.

"Republican," says the boy, and she lets him in.

But as they're driving along, the wind from the open top begins to push the blonde's skirt higher and higher up her legs. And the boy finds himself becoming aroused.

Finally he can't control himself any longer. "Stop!" he hollers. "Let me out! I've only been a Republican for ten minutes and already I feel like screwing somebody!"
2013-05-11 07:42:53 PM
6 votes:

vygramul: Keynes basically said that when consumer spending falls (bust), government spending must rise. During booms you pay off the debt you collected during busts - income smoothing on a societal level. But if you have a reasonable surplus, and things are good, then his economics are indistinguishable from trickle-down.


Pretty much.

Keynesian: "The key to keeping your house at a comfortable temperature is turning on your air conditioner when it's hot, and turning on your heater when it's cold."
Neoconservative: "BUT LAST SUMMER I TURNED ON MY HEATER AND IT GOT EVEN HOTTER! CLEARLY HEATERS DON'T WORK AND AIR CONDITIONING IS THE ONLY SOLUTION FOR EVERYTHING!"
2013-05-11 12:34:47 PM
6 votes:
i400.photobucket.com
2013-05-11 03:12:43 PM
5 votes:

randomjsa: It's on the internet and more importantly it's being said by a liberal, so it must be true. It's also just what I wanted to be told, so that makes it even more true.


Me: I'm letting go of this broken air conditioner. It's going to land on the ground you're standing on 5 seconds later. Please move
randomjsa: LIBERAL LIAR! It will land 20 seconds later. I'll be done smoking this crystal meth in 15 seconds.
Me: but the laws of physics and gravite state that--
randomjsa: Those are liberal lies, too! HURRRRRRRRRRRR,
Me: (shrugs) I'm letting go now, you better move in less than 5 seconds
randomjsa: LOL WHATEVER NOOB! It will take it 20 seconds to land
Me: I DROPPED IT, LOOK OUT BELOW!
(5 seconds later)
randomjsa: OW, THAT HURT, ASSHOLE!
Me: I told you it would hit you 5 seconds later!
randomjsa:  LOL NOOB, it hit me 20 seconds later
Me: WTF?
randomjsa: Hahahahaha I win
Me: I'm letting go of this broken refrigerator now.......
2013-05-11 01:18:16 PM
4 votes:
randomjsa:

It's on the internet and more importantly it's being said by a liberal, so it must be true. It's also just what I wanted to be told, so that makes it even more true.

What a thoughtful and well-documented rebuttal.

Thanks for sharing, little buddy! Also, a Mr. Pot is holding on line two for a Mr. Kettle, he's very agitated and seems to have some statement to make.
2013-05-11 01:05:00 PM
4 votes:

The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression? Even FDRs financial advisor called a failure. Do you want to go into what happened when Hoover tried it? Care to google "Hoover flag"?

I guess the author of the article hasn't been checking the news lately. The people behind The ACA (even one of the co-authors) have admitted it going to cost billions more than projected to get into place and increase insurance premiums by 50-60 percent.

It's ok to want to end private healthcare and install a single payer healthcare system. What's not ok is lying about and trying to it piece by piece. We voted him in! Elections DO consequences. I just wish the White House would be honest with its intentions. But more and more this White House looks like it is having trouble telling the truth.


It really is depressing watching conservatives, or libertarians, or whatever it is they call themselves these days retreat further and further into fantasy.
This one was a wonderful jaunt down into Neverland.
Two or three cherry picked facts followed by a complete fabrication, and just a sprinkling of Benghazi on top.
It's like watching a portal to another universe open up.
2013-05-11 11:39:38 AM
4 votes:

NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.


An 8 year old is at least the product of sex.  So he knew something about it as early as 8 years and 9 months ago.
Whereas trickle-down economics hasn't worked for at least 30 some odd years.
2013-05-11 09:45:19 AM
4 votes:
Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.
2013-05-11 01:27:17 PM
3 votes:

Heraclitus: The Stealth Hippopotamus: FlashHarry: it's actually pretty simple, as far as the US and europe go, supply-side, trickle-down economics has never worked and keynesian economic theory has. they are pushing a failed notion simply because they and their masters want to pay as little tax as possible.

The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression? Even FDRs financial advisor called a failure. Do you want to go into what happened when Hoover tried it? Care to google "Hoover flag"?

I guess the author of the article hasn't been checking the news lately. The people behind The ACA (even one of the co-authors) have admitted it going to cost billions more than projected to get into place and increase insurance premiums by 50-60 percent.

It's ok to want to end private healthcare and install a single payer healthcare system. What's not ok is lying about and trying to it piece by piece. We voted him in! Elections DO consequences. I just wish the White House would be honest with its intentions. But more and more this White House looks like it is having trouble telling the truth.

DUDE! Drink some coffee and for Gods Sake Proofread!

My eyes are bleeding....


Farking from the IPhone. Don't get me wrong my normal everyday sitting in the office at a computer level of grammar is horrible. Notice how there isn't as many Grammar Nazis around? Ever wonder why?

I've driven them to end themselves.
2013-05-11 12:39:46 PM
3 votes:

NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.


You don't know the right 8-year-old... heh, heh, [cough, wheeze]
2013-05-11 10:13:56 PM
2 votes:

Mentat: Mrtraveler01: Wait, since when do you live in Oklahoma?

/Thought you lived near KC for some reason

My ass lives in Oklahoma but my heart lives in KC.


Pooping must be one hell of a commute.
2013-05-11 02:49:52 PM
2 votes:

mark12A: Hold tight to your dreams, Libtards. Keynesian deficit spending CANNOT go on forever, and it won't. Like *every* single time its been tried long term (ref: third world, Zimbabwe, etc.) , it WILL blow up at some point.

Article fails. Propaganda. Makes two minor points, and tried to use them to attempt to refute an entire economic strategy.

/when it blows up, I've got a farm to grow food with, and friends to help me defend it


Sounds pretty sweet.  I used to love playing fort when I was 8.
2013-05-11 02:49:16 PM
2 votes:
When questioned further Ryan said, "Imagine an island where there are coconuts, fish and monkeys on pogo sticks...."
2013-05-11 02:27:48 PM
2 votes:

mark12A: Hold tight to your dreams, Libtards. Keynesian deficit spending CANNOT go on forever, and it won't. Like *every* single time its been tried long term (ref: third world, Zimbabwe, etc.) , it WILL blow up at some point.

Article fails. Propaganda. Makes two minor points, and tried to use them to attempt to refute an entire economic strategy.

/when it blows up, I've got a farm to grow food with, and friends to help me defend it


it's only been 80 some years.  Any day now. . .
2013-05-11 02:17:45 PM
2 votes:

FlashHarry: The Stealth Hippopotamus: I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.

and what, pray tell, did get us out of the great depression? tax cuts and less regulation?


A Libertarian will tell you that freedom-based economics got us out, and we were headed out anyway, but the New Deal made it take longer than it should have. It's all explained simply in these twelve links from mises.org that I am about to spam you with.
2013-05-11 01:57:26 PM
2 votes:
Faith-based economics.
2013-05-11 01:47:38 PM
2 votes:

heap: FlashHarry: The Stealth Hippopotamus: I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.

and what, pray tell, did get us out of the great depression? tax cuts and less regulation?

the bootstrap sector.


and all those billionaires who single-handedly defeated hitler, tojo and stalin while the goldbricking lower classes begged for handouts and smoked reefer rather than working the factories like they should have!
2013-05-11 01:44:58 PM
2 votes:

FlashHarry: The Stealth Hippopotamus: I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.

and what, pray tell, did get us out of the great depression? tax cuts and less regulation?


the bootstrap sector.
2013-05-11 01:43:48 PM
2 votes:

The Stealth Hippopotamus: I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.


and what, pray tell, did get us out of the great depression? tax cuts and less regulation?
2013-05-11 01:26:36 PM
2 votes:
I thought that was implied with the (R) after their names.
It stands for retard right?
2013-05-11 01:06:59 PM
2 votes:

The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression? Even FDRs financial advisor called a failure. Do you want to go into what happened when Hoover tried it? Care to google "Hoover flag"?


The historical revisionism is strong in this one.
2013-05-11 12:52:35 PM
2 votes:

ikanreed: diaphoresis: ya.. cuz Dems are all so honest about their economic bs.. they're both FOS... troll on peeps

I'll take a Krugman over a Ryan every single day of forever.


No, no. Diaphoresis is right. Just look at the Dow under Clinton, then the Dow under Bush, and then the Dow under Obama. Clearly both sides are the same.
2013-05-11 12:22:03 PM
2 votes:

Karac: Whereas trickle-down economics hasn't worked for at least 30 some odd years.


No, it has worked brilliantly for its creators.
2013-05-11 12:04:04 PM
2 votes:
Why would their economic point of view differ from any of their others?
2013-05-11 11:55:52 PM
1 votes:

Bucky Katt: This has been common knowledge for years.  It's a little hard to believe there are people who are just now figuring it out.


Common knowledge is kinda like common sense.

Not what it used to be.
2013-05-11 10:12:57 PM
1 votes:

Mrtraveler01: Wait, since when do you live in Oklahoma?

/Thought you lived near KC for some reason


My ass lives in Oklahoma but my heart lives in KC.
2013-05-11 04:56:22 PM
1 votes:
Even with the data on their side, none of the advocates of Obamacare is nearly as certain the law will succeed as conservatives like Levin are that it will fail. That is a testament only to the overweening ideological certainty that pervades the right.

There's an old Peanuts cartoon I remember in which Lucy says something along the lines of "If you can't be right, be wrong at the top of your lungs".This appears to be the GOP's MO these days. Claiming for the umpteenth time that trickle down really works and that lower taxes and less regulation are the cure to all ills with the same passionate certainty of a confidence trickster or a snake oil salesman in days gone by.

I always suspected that Lucy van Pelt grew up and became a Republican.
2013-05-11 04:23:03 PM
1 votes:

The Stealth Hippopotamus: FlashHarry: it's actually pretty simple, as far as the US and europe go, supply-side, trickle-down economics has never worked and keynesian economic theory has. they are pushing a failed notion simply because they and their masters want to pay as little tax as possible.

The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression? Even FDRs financial advisor called a failure. Do you want to go into what happened when Hoover tried it? Care to google "Hoover flag"?

I guess the author of the article hasn't been checking the news lately. The people behind The ACA (even one of the co-authors) have admitted it going to cost billions more than projected to get into place and increase insurance premiums by 50-60 percent.

It's ok to want to end private healthcare and install a single payer healthcare system. What's not ok is lying about and trying to it piece by piece. We voted him in! Elections DO consequences. I just wish the White House would be honest with its intentions. But more and more this White House looks like it is having trouble telling the truth.


Heritage Foundation stooge like typing detecting. Dispatching ground to Austrian missiles.
2013-05-11 04:12:12 PM
1 votes:

mark12A: Hold tight to your dreams, Libtards. Keynesian deficit spending CANNOT go on forever, and it won't. Like *every* single time its been tried long term (ref: third world, Zimbabwe, etc.) , it WILL blow up at some point.


There are two halves to Keynesian economics.  The other half is you pay the bills back when times are good.

Which we were doing.  We had a big farking surplus when Clinton left office.

But then george w. bush started beating the war drums and you wingnuts believed every word he said and suddenly deficits didn't matter.

Of course now they do matter, because another dagburn Dimmycrat varmint is in the White House.
2013-05-11 03:52:08 PM
1 votes:

phaseolus: NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.


In my opinion a better analogy would be '... like an evangelical preacher talking about salvation' -- thinking the right thoughts and believing the right things is necessary and sufficient for blessings to flow from some ineffable fount. It's a way of thinking that doesn't ask for evidence to prove that it's correct and contradictory facts and evidence aren't given any consideration when they appear.

All their derp notwithstanding, this is a huge reason why I can't take today's Republicans seriously. And after they get rid of their Social Conservative crap, this naïve faith in their economic theories is still gonna be there...


"But Brawndo's got electrolytes. It's what plants crave."
http://www.youtube.com/watch?v=c708Rinx6hE

Sadly, this scene closely resembles debates on U.S. economic policy.
2013-05-11 03:26:42 PM
1 votes:
Years of "classic" English Literature and I'm still not clear what "hoary" means.
2013-05-11 03:14:15 PM
1 votes:

Mentat: Seriously, you're like a dog with peanut butter in its mouth.


Dubbed over with James Franco's voice.
2013-05-11 03:12:16 PM
1 votes:

The Stealth Hippopotamus: Careful people around here will accuse you of wearing tin foil headwear for saying stuff like that.


Sure, as long as you ignore all of the people who were grumbling in these threads during the ACA debate that the Democrats were to busy compromising with themselves to pass a good bill.  Seriously, you're like a dog with peanut butter in its mouth.
2013-05-11 03:03:27 PM
1 votes:

vygramul: Zimbabwe has nothing to do with Keynesian economics.


Are you telling me that having the government take the land from the farmers and giving it to politically connected people who have no idea how farming works and destroyed the farmland as a result is not Keynesian economics?

Well color me shocked.
2013-05-11 02:56:16 PM
1 votes:

mark12A: Hold tight to your dreams, Libtards. Keynesian deficit spending CANNOT go on forever,


It isn't supposed to, do you know anything about Keynesian economics other than, "Fox NEWS says it is bad"?
2013-05-11 02:53:37 PM
1 votes:
Mitt Romneys Tax Return"

maxheck: [static.politifact.com.s3.amazonaws.com image 300x268]

Call me crazy, but the last time we had that sort of ratio some very bad things happened.
Bonus points... Was your first impression "Woo hoo! We're doing better than the third world banana republic Venezuala!" or the reverse?

USA! USA! USA!


The thing that struck me... That's not a minor difference, that's order-of-magnitude difference.

But hey, the feudal system worked so well!
2013-05-11 02:43:36 PM
1 votes:

heap: sniff the invisible glove


The whole thing was funny, but this one - (makes kissing of fingertips gesture) - was exquisite.
2013-05-11 02:37:50 PM
1 votes:

diaphoresis: ya.. cuz Dems are all so honest about their economic bs.. they're both FOS... troll on peeps


You are right, I am going to go study it out.

mark12A: Hold tight to your dreams, Libtards. Keynesian deficit spending CANNOT go on forever, and it won't. Like *every* single time its been tried long term (ref: third world, Zimbabwe, etc.) , it WILL blow up at some point.

Article fails. Propaganda. Makes two minor points, and tried to use them to attempt to refute an entire economic strategy.

/when it blows up, I've got a farm to grow food with, and friends to help me defend it


media.avclub.com
2013-05-11 02:35:57 PM
1 votes:
LordJiro:  When too much wealth concentrates at the top, at the expense of everyone below, a collapse is inevitable. And concentrating that wealth at the top is the entire point of "Trickle down".

No one other than weird Rothbard reading types deny this. The only controversy seems to be whether the crash is a feature, or a bug.
2013-05-11 02:12:20 PM
1 votes:
I don't know why I bother to keep following political news anymore. The GOP blatantly lies about everything, obstructs everything for a variety of insincere and contradictory reasons, and calling them out on it doesn't do any good because anyone who needs getting through to either won't believe the data or is out to support their team. This shiat is going to go on and on for years. 

I'm gonna go take a nap, be back in 2024 or something.
2013-05-11 02:12:20 PM
1 votes:
News flash, Republicans are malicious passive-aggressive authoritarian liars who think you're stupid enough to fall for the same con over and over and over and over again. This is absolutely not a repeat from every year since 1929.
2013-05-11 02:08:51 PM
1 votes:

The Stealth Hippopotamus: Satanic_Hamster: pueblonative: The Stealth Hippopotamus: Gunther: The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression?

How was Keynesian economics responsible for the great depression when it was formulated largely in response to it? Did Obama lend Keynes his magical time machine?

Mrbogey: The argument for austerity wasn't that it would stimulate growth.

Utter bullshiat. Plenty of politicians and supply-side economists were claiming back in 2008-9 that the recession was largely the result of some nebulous lack of "confidence" in the markets, and austerity measures would somehow give them that confidence, leading to a recovery.

I never said it caused the Great Depression. I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.

Let me guess, you're going to argue that World War II got us out of depression.  So it wasn't government spending, it was just government spending.

Heh, I love right wing idiots who make that argument.  "The spending works programs didn't bring us out of the Depression, but the spending on military did!  Only military spending can help the economy, all other spending is just wasted!"

There is more to the different economic theories than just governmental spending.

The massive shifts in the unemployment and total labor pool had a massive effect as well


Love how you're avoiding all those charts being posted. You know, the facts, reality, and empirical evidence. Are they getting in the way of your economic point of view?
2013-05-11 02:06:46 PM
1 votes:

The Stealth Hippopotamus: I never said it caused the Great Depression. I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.


imageshack.us
imageshack.us
imageshack.us

Please stop pretending that you know things.
2013-05-11 01:36:44 PM
1 votes:

pueblonative: The Stealth Hippopotamus: Gunther: The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression?

How was Keynesian economics responsible for the great depression when it was formulated largely in response to it? Did Obama lend Keynes his magical time machine?

Mrbogey: The argument for austerity wasn't that it would stimulate growth.

Utter bullshiat. Plenty of politicians and supply-side economists were claiming back in 2008-9 that the recession was largely the result of some nebulous lack of "confidence" in the markets, and austerity measures would somehow give them that confidence, leading to a recovery.

I never said it caused the Great Depression. I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.

Let me guess, you're going to argue that World War II got us out of depression.  So it wasn't government spending, it was just government spending.


Heh, I love right wing idiots who make that argument.  "The spending works programs didn't bring us out of the Depression, but the spending on military did!  Only military spending can help the economy, all other spending is just wasted!"
2013-05-11 01:30:43 PM
1 votes:

The Stealth Hippopotamus: Gunther: The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression?

How was Keynesian economics responsible for the great depression when it was formulated largely in response to it? Did Obama lend Keynes his magical time machine?

Mrbogey: The argument for austerity wasn't that it would stimulate growth.

Utter bullshiat. Plenty of politicians and supply-side economists were claiming back in 2008-9 that the recession was largely the result of some nebulous lack of "confidence" in the markets, and austerity measures would somehow give them that confidence, leading to a recovery.

I never said it caused the Great Depression. I should have added "they tried to use it to get out of the Great Depression". Which it didn't do by the way.


Let me guess, you're going to argue that World War II got us out of depression.  So it wasn't government spending, it was just government spending.
2013-05-11 01:15:52 PM
1 votes:

Sergeant Grumbles: The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression? Even FDRs financial advisor called a failure. Do you want to go into what happened when Hoover tried it? Care to google "Hoover flag"?

I guess the author of the article hasn't been checking the news lately. The people behind The ACA (even one of the co-authors) have admitted it going to cost billions more than projected to get into place and increase insurance premiums by 50-60 percent.

It's ok to want to end private healthcare and install a single payer healthcare system. What's not ok is lying about and trying to it piece by piece. We voted him in! Elections DO consequences. I just wish the White House would be honest with its intentions. But more and more this White House looks like it is having trouble telling the truth.

It really is depressing watching conservatives, or libertarians, or whatever it is they call themselves these days retreat further and further into fantasy.
This one was a wonderful jaunt down into Neverland.
Two or three cherry picked facts followed by a complete fabrication, and just a sprinkling of Benghazi on top.
It's like watching a portal to another universe open up.


And I love the "Keynesian policy made the Great Depression worse" line of bullshiat - hyper-revisionist history based upon one of Friedman's crackpot theories has become a pillar of the right's cognitive dissonance in recent years.
2013-05-11 01:14:07 PM
1 votes:
It's on the internet and more importantly it's being said by a liberal, so it must be true. It's also just what I wanted to be told, so that makes it even more true.
2013-05-11 01:12:26 PM
1 votes:
Karac:

NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.

An 8 year old is at least the product of sex. So he knew something about it as early as 8 years and 9 months ago.


Paul Ryan is the classic product of wealthy parents and government entitlement programs, so presumably he knows something about trickle-down economics.
2013-05-11 01:10:15 PM
1 votes:

The Stealth Hippopotamus: The same keynesian economics that allowed us to enjoy a "great" depression while the rest of the world simpley went though a depression?


How was Keynesian economics responsible for the great depression when it was formulated largely in response to it? Did Obama lend Keynes his magical time machine?

Mrbogey: The argument for austerity wasn't that it would stimulate growth.


Utter bullshiat. Plenty of politicians and supply-side economists were claiming back in 2008-9 that the recession was largely the result of some nebulous lack of "confidence" in the markets, and austerity measures would somehow give them that confidence, leading to a recovery.
2013-05-11 01:05:52 PM
1 votes:

NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.



In my opinion a better analogy would be '... like an evangelical preacher talking about salvation' -- thinking the right thoughts and believing the right things is necessary and sufficient for blessings to flow from some ineffable fount. It's a way of thinking that doesn't ask for evidence to prove that it's correct and contradictory facts and evidence aren't given any consideration when they appear.

All their derp notwithstanding, this is a huge reason why I can't take today's Republicans seriously. And after they get rid of their Social Conservative crap, this naïve faith in their economic theories is still gonna be there...
2013-05-11 01:02:58 PM
1 votes:
Old news indeed, subby.
2013-05-11 01:02:47 PM
1 votes:
Nothing new here. Supply-side economics is like creationism/intelligent design. Demonstrably false, but a large percentage of the population still believes in it.
2013-05-11 01:00:40 PM
1 votes:

Mrbogey: "The first is the collapse of intellectual support for the notion that immediate austerity can boost economic growth."

The argument for austerity wasn't that it would stimulate growth. It was that the debt added wouldn't alleviate the weak private growth as much as not adding it in the first place. In analogy format, "just swallow the medicine" and get the weak economy over with.

When you start off you "reality based" opinion piece with a lie, you're not going to get far.

FlashHarry: it's actually pretty simple, as far as the US and europe go, supply-side, trickle-down economics has never worked and keynesian economic theory has. they are pushing a failed notion simply because they and their masters want to pay as little tax as possible.

Supply-side economics came up because an "impossibility" under Keynesian economic theory occurred. But that was the 70s so you probably don't remember it.

NewportBarGuy: Republicans talking about economics is a lot like an 8-year-old talking about sex. They have no clue what they are talking about.

"Only one thing is impossible for God: To find any sense in any copyright law on the planet. Because copyright law makes no sense. Because it's too complicated and contradictory. Do you get it?" -Mark Twain


Actually, the argument for austerity was "Fark your unemployment insurance, my bank needs another round of bailouts".
2013-05-11 12:50:30 PM
1 votes:

the opposite of charity is justice: When Ryan was offered the VP nom I had a suspicion that he wasn't the first choice (or maybe even the third), that everyone in front of the line was heavily vetted after the Palin fiasco and disqualifications arose for each of the frontrunners.  Rob Portman has a gay family member (gasp!), BoB McDonnell is taking money under the table, Chris Christie is actually a Clinton democrat, and Marco Rubio is suspiciously tan.

And for the life of me I can't figure out how this guy got the reputation for being the "numbers guy" of the republican party.  He wasn't able to articulate his own financial position during the campaign or the debate, part of that appears to be Romney muzzling him (why select a VP candidate and keep the quiet about their singular supposed strong point?) but both before and after the election he doesn't seem to understand what he is championing.  If this guy is the smart one of the party its much less praise for the man but a condemnation of the party itself.


Isn't Ryan also the guy that submitted a budget that didn't actually contain any numbers? Or is that apocryphal?
2013-05-11 12:49:05 PM
1 votes:
Why should today be different from any other day?
2013-05-11 12:04:05 PM
1 votes:
Dear Subby:

You could have ended the headline after the word "way" and it would still have been just as cromulent.
2013-05-11 11:57:01 AM
1 votes:

Karac: Whereas trickle-down economics hasn't worked for at least 30 some odd years.


It is so obviously a Feudal economic system. I can't believe how many people they swindle with it.
 
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