Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
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- Banned
- #41
stupid people cling to stupid ideas instead of following the facts.
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You will have to explain why countries in Europe who followed a more conservative plan have tanked their economies.
No amount of calling names will make these facts disapear.
http://www.nytimes.com/2012/04/27/opinion/krugman-death-of-a-fairy-tale.html?_r=1
Critics warned from the beginning that austerity in the face of depression would only make that depression worse. But the austerians insisted that the reverse would happen. Why? Confidence! Confidence-inspiring policies will foster and not hamper economic recovery, declared Jean-Claude Trichet, the former president of the European Central Bank a claim echoed by Republicans in Congress here. Or as I put it way back when, the idea was that the confidence fairy would come in and reward policy makers for their fiscal virtue.
The good news is that many influential people are finally admitting that the confidence fairy was a myth. The bad news is that despite this admission there seems to be little prospect of a near-term course change either in Europe or here in America, where we never fully embraced the doctrine, but have, nonetheless, had de facto austerity in the form of huge spending and employment cuts at the state and local level.
When you don't have any money to spend, you stop spending. It's not austerity. It's called the freaking sane thing to do.
If your household is in debt, you don't go out and get 5 more credit cards to go further in debt. That's crazy.
That's why we're ok in Canada because we aren't printing monopoly money out the ying yang. It's called financial prudence. Sweden's hanging in and Britain is getting back on the right track.
Stop spending money you don't have. It's really a no brainer.
When you don't have any money to spend, you stop spending. It's not austerity. It's called the freaking sane thing to do.
If your household is in debt, you don't go out and get 5 more credit cards to go further in debt. That's crazy.
That's why we're ok in Canada because we aren't printing monopoly money out the ying yang. It's called financial prudence. Sweden's hanging in and Britain is getting back on the right track.
Stop spending money you don't have. It's really a no brainer.
Now if we can convince the American left?
How can you win an election with OBVIOULY failed ideas?
You will have to explain why countries in Europe who followed a more conservative plan have tanked their economies.
No amount of calling names will make these facts disapear.
How can you win an election with OBVIOULY failed ideas?
Fiscal responsibility, spending within one's means, is a failed idea? Since when?
You will have to explain why countries in Europe who followed a more conservative plan have tanked their economies.
No amount of calling names will make these facts disapear.
Four decades of socialism did that.
When you don't have any money to spend, you stop spending. It's not austerity. It's called the freaking sane thing to do.
If your household is in debt, you don't go out and get 5 more credit cards to go further in debt. That's crazy.
That's why we're ok in Canada because we aren't printing monopoly money out the ying yang. It's called financial prudence. Sweden's hanging in and Britain is getting back on the right track.
Stop spending money you don't have. It's really a no brainer.
You will have to explain why countries in Europe who followed a more conservative plan have tanked their economies.
No amount of calling names will make these facts disapear.
Four decades of socialism did that.
No you lying fucking piece of dog shit.
Your con ideas of how to tame the economys problems have FAILED all over europe.
http://www.nytimes.com/2012/04/27/opinion/krugman-death-of-a-fairy-tale.html?_r=1
Critics warned from the beginning that austerity in the face of depression would only make that depression worse. But the austerians insisted that the reverse would happen. Why? Confidence! Confidence-inspiring policies will foster and not hamper economic recovery, declared Jean-Claude Trichet, the former president of the European Central Bank a claim echoed by Republicans in Congress here. Or as I put it way back when, the idea was that the confidence fairy would come in and reward policy makers for their fiscal virtue.
The good news is that many influential people are finally admitting that the confidence fairy was a myth. The bad news is that despite this admission there seems to be little prospect of a near-term course change either in Europe or here in America, where we never fully embraced the doctrine, but have, nonetheless, had de facto austerity in the form of huge spending and employment cuts at the state and local level.
You can't kill fairy tales with facts. As this thread clearly shows, the believers will close their eyes, ears and minds and regurgitate a litany of other fairy tales to support their house of cards belief system.
Nice try, though.
http://www.nytimes.com/2012/04/27/opinion/krugman-death-of-a-fairy-tale.html?_r=1
Critics warned from the beginning that austerity in the face of depression would only make that depression worse. But the austerians insisted that the reverse would happen. Why? Confidence! Confidence-inspiring policies will foster and not hamper economic recovery, declared Jean-Claude Trichet, the former president of the European Central Bank a claim echoed by Republicans in Congress here. Or as I put it way back when, the idea was that the confidence fairy would come in and reward policy makers for their fiscal virtue.
The good news is that many influential people are finally admitting that the confidence fairy was a myth. The bad news is that despite this admission there seems to be little prospect of a near-term course change either in Europe or here in America, where we never fully embraced the doctrine, but have, nonetheless, had de facto austerity in the form of huge spending and employment cuts at the state and local level.
You can't kill fairy tales with facts. As this thread clearly shows, the believers will close their eyes, ears and minds and regurgitate a litany of other fairy tales to support their house of cards belief system.
Nice try, though.
Gobly gook talk.
We're doing just fine up here. First reason is we didn't go hells bells full steam ahead throwing money around willy nilly.
You guys are so far in debt, I fear you are FUBAR.
We have a Prime Minister who has a Masters in Economics and has had a day job in his life.
We have a finance minister who freaking knows what he's doing.
These things help a country instead of academics running an administration who don't have a clue what they are doing.
When you don't have any money to spend, you stop spending. It's not austerity. It's called the freaking sane thing to do.
If your household is in debt, you don't go out and get 5 more credit cards to go further in debt. That's crazy.
That's why we're ok in Canada because we aren't printing monopoly money out the ying yang. It's called financial prudence. Sweden's hanging in and Britain is getting back on the right track.
Stop spending money you don't have. It's really a no brainer.
Now if we can convince the American left?
One can only dream I'm trying to remember if it was Pelosi who said we have to spend our way out of debt?