Everything you always wanted to know about economics in one sentence.

Discussion in 'Economy' started by Brutus, Jun 13, 2011.

  1. Brutus
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    Brutus Senior Member

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    A stimulus will always fail because it can only cause a temporary bubble that will misallocate resources and then burst causing a recession until the free market then reallocates resources to their proper places causing the economy to recover.
     
  2. Brutus
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    Brutus Senior Member

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    kj
     
  3. Toro
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    Toro Diamond Member

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    Markets create the most wealth for most of the people most of the time, but do not create all the wealth for all the people all of the time.
     
  4. mike beev
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    mike beev mike b

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    You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand
     
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  5. Moonglow
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    Moonglow Diamond Member

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    Et tu Bruti?
     
  6. AquaAthena
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    AquaAthena INTJ/ INFJ

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    A stimulus by any political party will always cost the taxpayer monies they are trying hard to earn. Fifty percent will pay; fifty percent will benefit.
     
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  7. spectrumc01
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    spectrumc01 I give you....the TRUTH

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    Had the stimulus and or Tarp money gone directly to the tax payer there would have been no problem. All that money would have paid off houses, fixing the housing bubble before it burst. It could have went to paying down personal debt. But no, corprate America knew better on how to spend the tax payers money, and our government agreed with them. Why, politicians are owned by big business. So, stimulus can work if it goes to the tax payer directly.
     
  8. Moonglow
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    Moonglow Diamond Member

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    I agree whole heartily, but then the rich and powerful would not have that stone around your neck whilst you try to stay afloat.
    That is what it all boils down to.
     
  9. Brutus
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    Brutus Senior Member

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    so you want liberal welfare to help those who don't benefit from the market??
     

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