CBO Schools Tea Party Freshman In Basic Economics

Discussion in 'Politics' started by Lakhota, Aug 12, 2011.

  1. Lakhota
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    Lakhota Diamond Member

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    Last edited: Aug 12, 2011
  2. Lakhota
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    Lakhota Diamond Member

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    Just more proof that teabaggers are stupid.
     
  3. Patrick2
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    Patrick2 Senior Member

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    Argument to Authority. :D

    Keynesian economics has failed, both in the 1930s, and now. Obama spent a trillion dollars in keynesian spending - did it pull us out of the recession? Uhhhh nooooooooooo........
    and now we appear headed back into a double dip.

    Leftwingers continue to piss on peoples legs, and tell them it's raining. :lmao:
     
  4. Flaylo
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    Flaylo Handsome Devil

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    So you can't accept the reality that Tea Party economics would fail? Partisan hackery=mental illness.
     
  5. BoycottTheday
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    BoycottTheday CEO

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    Why does the Democrat party hate aMerica so much?
     
  6. editec
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    editec Mr. Forgot-it-All

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  7. bripat9643
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    bripat9643 Diamond Member

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    Someone needs to school the CBO in the fact that Keynesian economics is pure crap. It's been proven to be Voo-Doo over and over again. Empirical evidence has dashed all it's fundamental premises to pieces.

    Government spending does not contribute to economic growth - not one iota. Every dollar the government spends has to be taken from someone who would either have spent it or saved it. In the former case, it provides jobs for people, and in the later case it creates jobs for people. Any so-called "economist" who isn't cognizant of these essential facts is either a hack or incompetent.

    I'll have to admit that Mr. Huelskamp was foolish to ask the CBO a question about economics. Why would any smart politicians ask a gang of paid political hacks a question about policy?



     
  8. bripat9643
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    bripat9643 Diamond Member

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    "Tea Party economics" is what used to be called just plain economics before the Keynesian Voo-Doo came into vogue with the fascists who came to power during the Roosevelt Administration.
     
  9. bripat9643
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    bripat9643 Diamond Member

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    ROFL! it still didn't work. Unemployment disappeared during the war only because 18 million men were drafted into the military. The depression only ended when post-war Republicans repealed all of FDRs socialist programs.
     
  10. Truthmatters
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    Truthmatters BANNED

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    Its a religion to these foolish people.

    The right created this monster by telling stupid people they were smart and pounding talking points into their heads.

    They will be just this redicules for decades to come.
     

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