- Dec 31, 2011
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Do any of you understand Keynesian Economics?
If you can't explain it, don't bother to post anything.
If you can't explain it, don't bother to post anything.
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Sure.
It much for sound then the Milton Friedman crapola that's been causing so much trouble since Reagan.
Sure.
It much for sound then the Milton Friedman crapola that's been causing so much trouble since Reagan.
Are you drinking?
I like how some dickhead who can't even properly spell or utilize the English language wants to educate the rest of us.
Sure.
It much for sound then the Milton Friedman crapola that's been causing so much trouble since Reagan.
Are you drinking?
Adirondack Original Club Soda, why?
You a fan of Greenspan?
I like how some dickhead who can't even properly spell or utilize the English language wants to educate the rest of us.
Funny thing is that Maynard Keynes and Milton Friedman were similar in a lot of ways, most notably that both advocated bailing out private industry in times of trouble.
But Friedman had no provision for funding that. In other words, 'magic money'. Or voodoo economics.
It's just ludicrous when cold economic theory is used as intellectual insulation to preach sucking up to the rich and dumping the poor. I am sure many of the horrors of history were discussed in such remote terms by men who did not actually have to do them in person.
There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.
You come to us and tell us that the great cities are in favor of the gold standard. I tell you that the great cities rest upon these broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic. But destroy our farms and the grass will grow in the streets of every city in the country.
Common Sense, the last vestige of sanity before one transcends into insanity. Milton Friedman predicted what would happen, we now have the opportunity to live and experience the nightmare first hand. The progression into a full fledged socialist country may well be beyond reversal. It will be a slow and agonizing road for many to accept, but you will learn to accept it. The promise of what was once known as the gleaming country full of opportunity is quickly fading into the sunset.