Eric Cantor...Chickenshit.

[vel]

Also, I never took you for a Keynesian Whore, but I'm not at all surprised to learn it.

My undergraduate degree is in economics and I have always subscribed to mainstream economic theories.

I don't see how you could have missed it. I reduced the idiot that calls himself Lazarus to tears so many times, with his supply side economic b.s., that I've lost count.

[vel]

Can you explain why the Democrats had four (4) unfettered years of being at the helm (in Congress)...and did nothing?

Well, they did get the DADT taken care of.

Mood:  Whoopty-fuckin'-do.

It takes 60 votes in the Senate. The Republicans and blue dogs were bought.

You know that's true, so what are you really arguing here? We did not get the stimulus that most economists agreed that we needed. What we got helped, to be sure. But it was a lot less than what the economists called for.

Go back and read what they were saying if you're not convinced. It's all still there and they were right, as usual.

[SufferedMoreThanJesus]

My undergraduate degree is in economics and I have always subscribed to mainstream economic theories.

Perhaps you can direct me to any instance where Keynesian Economics has been employed in toto and has been successful?

And I mean anywhere in any country at any time under any circumstance?

[SufferedMoreThanJesus]

You know that's true, so what are you really arguing here?

I guess what I'm "arguing" about is that either the Democrats listened to what the general public wanted/didn't want/desired/didn't desire (hardly a likely scenario), or on November 2, 2010, there was a mass uprising of dumbass Americans who let them know precisely what their desires were by issuing the greatest "shellacking" (in 60 years) the ever-loving shit out of their strangle hold they held on the throats of this country and kicked ass and took names.

So, you have to assume two things:

A:  The government knows what's best; or
B:  The American public was sick-to-fucking-death of their failed policies.

Pick your poison.

[SufferedMoreThanJesus]

And in case November 2, 2010 doesn't ring any bells...

WATCH!!

LISTEN!!

LEARN!!

AMERICA RISING; Nov 2, 2010	Small | Large

*CASE CLOSED!!!!!!!*

[johnhp]

how profound!  thanks, john now I have to vote straight Democrat Party.   drats

i do not think what i wrote was either profound or an advertisement for a political party.  What i do think is that it is a recognition of how unfortunate it is that one of the most powerful men in our government runs from the people.

[dustup]

My undergraduate degree is in economics and I have always subscribed to mainstream economic theories.

I don't see how you could have missed it. I reduced the idiot that calls himself Lazarus to tears so many times, with his supply side economic b.s., that I've lost count.

So you support the Keynesian Economic Theory then?

[SufferedMoreThanJesus]

Keynes did not, despite what you may have heard, want the government to run the economy. He described his analysis in his 1936 masterwork, “The General Theory of Employment, Interest and Money,” as “moderately conservative in its implications.” He wanted to fix capitalism, not replace it. But he did challenge the notion that free-market economies can function without a minder, expressing particular contempt for financial markets, which he viewed as being dominated by short-term speculation with little regard for fundamentals. And he called for active government intervention — printing more money and, if necessary, spending heavily on public works — to fight unemployment during slumps.

It’s important to understand that Keynes did much more than make bold assertions. “The General Theory” is a work of profound, deep analysis — analysis that persuaded the best young economists of the day. Yet the story of economics over the past half century is, to a large degree, the story of a retreat from Keynesianism and a return to neoclassicism. The neoclassical revival was initially led by Milton Friedman of the University of Chicago, who asserted as early as 1953 that neoclassical economics works well enough as a description of the way the economy actually functions to be “both extremely fruitful and deserving of much confidence.” But what about depressions?

Friedman’s counterattack against Keynes began with the doctrine known as monetarism. Monetarists didn’t disagree in principle with the idea that a market economy needs deliberate stabilization. “We are all Keynesians now,” Friedman once said, although he later claimed he was quoted out of context. Monetarists asserted, however, that a very limited, circumscribed form of government intervention — namely, instructing central banks to keep the nation’s money supply, the sum of cash in circulation and bank deposits, growing on a steady path — is all that’s required to prevent depressions. Famously, Friedman and his collaborator, Anna Schwartz, argued that if the Federal Reserve had done its job properly, the Great Depression would not have happened. Later, Friedman made a compelling case against any deliberate effort by government to push unemployment below its “natural” level (currently thought to be about 4.8 percent in the United States): excessively expansionary policies, he predicted, would lead to a combination of inflation and high unemployment — a prediction that was borne out by the stagflation of the 1970s, which greatly advanced the credibility of the anti-Keynesian movement.

http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html?pagewanted=all

[SufferedMoreThanJesus]

Glenn Beck: Obama = Keynesian? (funny)

[ivanm]

If I was a politician, you can bet your ass every speaking engagement I had would be in the privacy of a room filled with paid adorers with me sitting in front of a roaring fire, smoking a pipe in a smoking jacket telling everyone how great everything is gonna be and that I am going to save them...through hope and change.

Oh my, shades of FDR.   

[IM2]

We actually were better off with Bush; weren't we?

This statement shows the pure idiocy of the right wing.

We are here today in this mess because of Bush. That's a fact.   An indisputable fact.

[dustup]

This statement shows the pure idiocy of the right wing.

We are here today in this mess because of Bush. That's a fact.   An indisputable fact.

And Obama said "Its shake and Bake"..........and I helped......

[johnhp]

Speaking of shake and bake....here's a little shake

Ricky Bobby Commercial Part 1	Small | Large

[dustup]