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U.S. Conference Of Mayors Calls For End To Afghanistan War

Started by Conan71, June 20, 2011, 07:21:11 PM

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Conan71

Quote from: nathanm on June 21, 2011, 05:25:50 PM
FTFY.

By the way, people who actually believe in Keynes' models were all saying that the stimulus was too small by half. Just so you know. What we got was better than nothing, or it was until it was declared a failure despite arresting the sharp decline we were experiencing.

Regarding comparisons to Carter, comparisons to Carter are stupid at best. Carter's job creation was second only to Clinton. Obama already has a better average than Bush, despite his first year seeing one of the largest losses since the depression.

It's pretty sad..we have better access to hard data than we have at any time in our history, yet there is also more made up smile peddled than at any time in history. It's like most of us don't have access to the Internet. Or maybe we just don't know how to use Google.

We could have spent a trillion on stimulus and Keynesians would still be saying we should have doubled that rather than to simply admit they were wrong.

If jobs were the ONLY metric which matters, Carter would have looked like a genius.  Jobs mean little when mortgage interest rates are approaching 20% and we were suffering with stagflation.  Carter's economic policies were a complete and utter disaster.  Yes we do have better data available read more than the job data under Carter.
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

nathanm

Quote from: Conan71 on June 21, 2011, 05:32:48 PM
We could have spent a trillion on stimulus and Keynesians would still be saying we should have doubled that rather than to simply admit they were wrong.

If jobs were the ONLY metric which matters, Carter would have looked like a genius.  Jobs mean little when mortgage interest rates are approaching 20% and we were suffering with stagflation.  Carter's economic policies were a complete and utter disaster.  Yes we do have better data available read more than the job data under Carter.
I agree that times were tough, but wages were increasing even relative to inflation until 1978 or so, despite the entry of women into the workforce (which was likely a large driver of the inflation).

And I'm not talking about people who claim now that the stimulus should have been bigger. I'm talking about people who claimed before the fact it should have been bigger. Not everyone is into revisionist history.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

Teatownclown

#17
You may be onto something....revisionism from a dreamer....dangerous combo.

ConanDreamer, don't you think an Eisenhower public works initiative coupled with a Nixon printing press might make this country high speed and technologically ready for when computers rule?

edit: Can you revise this?
CHART: Since 1950, Lower Top Tax Rates Have Coincided With Weaker Economic Growth
http://thinkprogress.org/economy/2011/06/20/249061/chart-taxes-economic-growth/ 

You don't want to, I know.

Red Arrow

Quote from: Conan71 on June 21, 2011, 03:44:43 PM
 I'd be whistling Zippity Do Dah out my a$$ right now if he'd succeeded in bringing unemployment back down to even 7% by now.  Hell, I would vote for him in 2012 if we were enjoying $2.00 gas, 7% u/e, and slow but steady GDP growth.  I don't want America to fail!

I'm holding out for $2.00 AV Gas.