noam chomsky vs milton friedman

[EdwardBaiamonte]

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.

Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.

Why is it that the more of the liberal agenda we adopt, the slower our economy grows?

Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!

Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks

Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA

LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.

Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.

Why is it that the more of the liberal agenda we adopt, the slower our economy grows?

Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!

Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks

Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA

LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com

LOL...Sorry I don't read stuff from a staff writer at salon .com ..Too funny

If you read garbage economics from cole and ohanian, you'll never learn about economics.

the liberal theory is that liberals are far too stupid to know that taxing for stimulus money cant possibly be stimulative!

 

[Shanty]

Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?

Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.

There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems

So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore

The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist

The US has no true liberal party. The Democrats have some liberals, but also stretch across to a lot of conservatives and centrists. The Republicans have almost no centrists left. Many of them have either gotten old and died, or became Democrats.

Not quite sure what world you live in .....The federal government is growing, we have 100 trillion in unfunded liabilities we're living on borrowed money and time ....your delusions not withstanding...... Both parties are responsible...More people on food stamps, more people on SSI, more part time jobs, income growth is almost nonexistent. the economy should be growing at 4 to 5% not this 1% 2 % it wouldn't be growing that much if not for fracking which the liberals hate. Leftist are also pushing this carbon tax, global warming, bullshit which will further hurt our economy, but keep up your delusions if it makes you feel good

My world is earth. What is yours?
The government is smaller than it was under Bush.
The Growth Of Government 1980 To 2012 - Forbes
"Unfunded liabilities"? LOL. You and everyone have unfunded liabilities. And they are met by paying as you go, normally. It's not like all of your underfunded liability on your thirty year mortgage has to be paid the first day you took the mortgage out.
More people on food stamps, holding part time jobs, slow wage growth, is a result of the "success" of conservative economic policy. And if conservatives keep obstructing economic growth, shouldn't you conservatives hold their feet to the fire? The right wing nuts keep doing the same failed ideas over and over, expecting different results. Insanity.

 

[EdwardBaiamonte]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

 

[Shanty]

Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?

Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.

There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems

So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore

The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist

The US has no true liberal party. The Democrats have some liberals, but also stretch across to a lot of conservatives and centrists. The Republicans have almost no centrists left. Many of them have either gotten old and died, or became Democrats.

Not quite sure what world you live in .....The federal government is growing, we have 100 trillion in unfunded liabilities we're living on borrowed money and time ....your delusions not withstanding...... Both parties are responsible...More people on food stamps, more people on SSI, more part time jobs, income growth is almost nonexistent. the economy should be growing at 4 to 5% not this 1% 2 % it wouldn't be growing that much if not for fracking which the liberals hate. Leftist are also pushing this carbon tax, global warming, bullshit which will further hurt our economy, but keep up your delusions if it makes you feel good

it shows you how slow liberals are. He says there is no liberal party while govt is growing and growing. What he really means is that is no real communist party.


Norman Thomas quotes:

The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.

Too bad for him and you, you guys are slower than slow. He couldn't even make a correct assertion about government.

 

[Shanty]

The US has no true liberal party. .

Goof liberal thinks the govt is growing and growing because of the Girl Scouts!!

Dopey conservative can't make assertions based in fact.

 

[Shanty]

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.

Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.

Why is it that the more of the liberal agenda we adopt, the slower our economy grows?

History shows stronger growth under more liberal governments in the US.

Post hoc, ergo property hoc. It's purely coincidental. It also ignores the fact that Hoover, Nixon, Eisenhower, Bush I and Bush II are all liberals who have accepted the Keynesian abracadabra.

The bottom line is that over the decades our government has adopted more and more of the liberal agenda and our economic growth has been declining as a result.

Hoover was President before Keynes wrote the General Theory. Ike had a far better economic record to tout than Reagan, and Bush II had the same general approach that Reagan had.

 

[Shanty]

You should learn some US history, especially our economic history. You wouldn't be such an ignoramus if you did.

ignoramus?? your best example or admit you are little more than a liberal liar.

I already showed how Friedman was wrong. Look at how Chile's economy faltered after he got them to privatize many services, including their version of Social Security, and it failed.

Agreed. Also, freedom wasn't involved since an elected president had to be overthrown so the friedman miracle could be

i have no friends to discuss this with, so i wanted to find a forum to let my little mind say whatever i wanted.


noam chomsky and milton friedman are boring. chomsky is super boring and friedman is relatively boring. i hate discussing economics and i feel miserable that im required to do this, but at the same time, im somehow grateful because im learning a lot of necessary information.


what do you think about these two economists?

Chomsky is a liberal who advocates Statism. Such a point of view has failed everywhere and everytime it has ever been tried.

Friedman advocated free markets and individuality, and made his case in spades.

What's the issue???

Where are these free markets and individuality that friedman was involved in.

It is an ideal, a philosophy, based largely on natural rights and freedom, and inculcated in the founding documents of our social contract. That it has not been executed perfectly does not diminish Friedman's advocacy, nor does it elevate Chomsky's dangerous desire to the contrary.

The overthrow of an elected president in Chile, and the installation of a dictator, had to happen for the Friedman plan to be tested. So much for freedom. Chomsky's only desire is to give more speeches and sell more books.

Democracy isn't freedom. Allende was rapidly converting Chile into a Soviet client state. Lot of freedom there, eh? Government has to be converted to complete totalitarianism before socialism can be imposed. Do you actually believe that people are going to give up their property rights voluntarily?

That was up to the voters of Chile to decide, not for anyone else. I may not like it if a nation turns Marxist, but it's not anyone's business until they intrude on the sovereignty of the US.

They decided. That's why the Chilean Congress asked Pinochet to get rid of Allende and his Cuban thugs. Allende was elected by only 36% of the eligible voters. He had no mandate from the people of Chile to impose communism.

Three years into Allende's presidency, on August 22, 1973 the Chilean Congress censured Allende for violating law and the constitution in order to “establish a totalitarian system absolutely opposed to the representative system of government established by the Constitution.”

Allende was censured for “making violation of the Constitution and the law a permanent system of conduct,” and for “systematically trampling the powers of the other branches of government,” while at the same time “violating the civil rights of the citizens guaranteed in the Constitution and permitting and stimulating the formation of illegal parallel powers which constitute a grave threat for the nation.”

These illegal armed groups “intend to replace legitimately constituted powers and serve as a base for the dictatorship of the proletariat.”

In other words, Allende’s rule was that of a criminal organization, while aiding in the formation of communist guerrillas.

Allende now was unable to find majority support in the Congress, but he had other plans for staying in power. According to documents found in the presidential palace after the coup, Allende was planning to massacre his conservative military opponents and some 600 politicians, journalists, and conservative opposition members by the end of 1973.
Not surprisingly, the Congress supported the military’s coup as a way to save Chile. In fact, their August 22 censure of Allende called for the military to save the country – the military was acting on behalf of the elected Congress. On September 11, the military threw out Allende, then went into the towns and cities and arrested the gangs operating there.

Replacing a communist with a right wing fascist means jumping from the frying pan and into the fire. But regardless of the plurality, Allende was the legally elected head of the government. I disagree with the Marxist bent he had, but the resign of terror that followed certainly wasn't an improvement.

 

[Shanty]

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.

Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.

Why is it that the more of the liberal agenda we adopt, the slower our economy grows?

Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!

Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks

Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA

LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.

Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.

Why is it that the more of the liberal agenda we adopt, the slower our economy grows?

Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!

Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks

Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA

LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com

LOL...Sorry I don't read stuff from a staff writer at salon .com ..Too funny

If you read garbage economics from cole and ohanian, you'll never learn about economics.

the liberal theory is that liberals are far too stupid to know that taxing for stimulus money cant possibly be stimulative!

And conservative theory is to say a bunch of convoluted nonsense the conservatives don't understand, ascribe it to liberals, and ignore the fact that liberals aren't so stupid as conservatives to say such stupid shit.

 

[Shanty]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

I've already listed them. If you refuse to go back to read my post, then too bad for you. You'll have to admit you're a dopey conservative who can't read.

 

[EdwardBaiamonte]

And conservative theory is to say a bunch of convoluted nonsense the conservatives don't understand, ascribe it to liberals, and ignore the fact that liberals aren't so stupid as conservatives to say such stupid shit.

dear, please tell why taxing for stimulus money is not
destimulative or admit to being a total economic illiterate liberal

 

[EdwardBaiamonte]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

I've already listed them. If you refuse to go back to read my post, then too bad for you. You'll have to admit you're a dopey conservative who can't read.

for 2nd time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

 

[Shanty]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

I've already listed them. If you refuse to go back to read my post, then too bad for you. You'll have to admit you're a dopey conservative who can't read.

for 2nd time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

As I said to you a few days ago, all you had to do was read what I wrote. I admit you're an illiterate boob.

 

[Shanty]

And conservative theory is to say a bunch of convoluted nonsense the conservatives don't understand, ascribe it to liberals, and ignore the fact that liberals aren't so stupid as conservatives to say such stupid shit.

dear, please tell why taxing for stimulus money is not
destimulative or admit to being a total economic illiterate liberal

Princess, you don't even know what you're asking.

Taxes being levied is a necessity. Taxing progressively has the best results for economic growth. Placing higher, or regressive taxation on the poor and middle class is the most destructive for growth. And stimulus money can be done as deficit spending, so your question shows your ineptness at understanding economics. Go back to Princess school for knitting and tea parties.

 

[EdwardBaiamonte]

. Taxing progressively has the best results for economic growth..

dear, subject was not progressivity but rather whether tax and spend stimulates the economy or harms the economy. For 4th time, can you answer the question? Do you know why you are afraid to answer?

 

[EdwardBaiamonte]

. And stimulus money can be done as deficit spending, so your question shows your ineptness at understanding economics.

dear, can you explain what you mean. Thanks. How will you learn if you are afraid to try?

 

[chikenwing]

Chomsky is an economist? I thought he was just a hypocritical communist.

LOL!! and super boring.But he could keep a hot air balloon afloat for days.

 

[EdwardBaiamonte]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

I've already listed them. If you refuse to go back to read my post, then too bad for you. You'll have to admit you're a dopey conservative who can't read.

for 2nd time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

As I said to you a few days ago, all you had to do was read what I wrote. I admit you're an illiterate boob.

for 4th time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

 

[Shanty]

. Taxing progressively has the best results for economic growth..

dear, subject was not progressivity but rather whether tax and spend stimulates the economy or harms the economy. For 4th time, can you answer the question? Do you know why you are afraid to answer?

Princess,
Spending during a recession, or time after one with high unemployment still happening, is the best way to end recessions and high unemployment faster, with lower median and long term deficits and debt, provided the tax rates aren't too low. Cutting taxes, particularly for lower and middle income earners, would also be a good way to stimulate the economy, temporarily.
Increasing taxes should generally come after the recovery, but wouldn't hurt the economy much, if at all, if the top 1% saw higher marginal tax rates.

 

[Shanty]

. And stimulus money can be done as deficit spending, so your question shows your ineptness at understanding economics.

dear, can you explain what you mean. Thanks. How will you learn if you are afraid to try?

I'm teaching you. But you keep putting on your dunce cap because you refuse to learn about reality.

 

[Shanty]

if conservatives keep obstructing economic growth,

please give your best example of conservatives obstructing economic growth or admit to being a liberal

I've already listed them. If you refuse to go back to read my post, then too bad for you. You'll have to admit you're a dopey conservative who can't read.

for 2nd time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

As I said to you a few days ago, all you had to do was read what I wrote. I admit you're an illiterate boob.

for 4th time please give your best example of conservatives obstructing economic growth or admit to being a complete liberal illiterate

You're the one with the inability to read. I admit you're illiterate. You could have read my words the first time (and I believe you did, as you may have even responded to the post where I laid out some examples of conservatives obstructing economic recovery).