Image: Unemployment Line Caption: Is this the security that we've traded in Liberty for?
- posted
15 years ago
-- Cheers! Rich
Image: Unemployment Line Caption: Is this the security that we've traded in Liberty for?
-- Cheers! Rich
What government promised you employment?
What government took away your liberty?
John
Governments don't take liberty, people relinquish it.
-- Dirk http://www.transcendence.me.uk/ - Transcendence UK http://www.theconsensus.org/ - A UK political party http://www.onetribe.me.uk/wordpress/?cat=5 - Our podcasts on weird stuff
We now have an articulate and intelligent president, and better times are coming ... be patient. His will be an eight-year term.
Obama's promised xx million jobs--I assumed that's what Rich meant.
Loss of liberty? Why spending our money of course. We, the People, will all have to work a bit harder and longer to pay our friendly overlords-of-the-manor.
2 terabux / ~50million taxpayers = $40k.Of course it's really going to be more like $2T/5e6 taxpayers...ouch!
Cheers, James Arthur
Mega dumb. That cartoon is from mid-bubble (9/21/04), when the economy was booming; the criticism is completely ignorant and wrong.
(Wasn't that around the time the media was trying to convince us all the economy was terrible, pre-election?)
It's true Mr. Bush spent wayyy to much. Mr. Obama has done more damage in 8 weeks.
James Arthur
Articulate? He can barely say a single sentence without saying 'UH'.
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Times aren't especially bad--the crisis, however bad it is-- has been much exaggerated. And it's self-correcting, if we just let it.
Handy for politicians, 'cause that makes it a lot easier to fix and take credit for.
It's already improving, and without the shovel-ready pork projects having had time to even get started, much less take effect.
James Arthur
Articulate as long as the teleprompter is working correctly.
But intelligent? So far he and his gang of clowns look like terrible bunglers.
Certainly better times are coming, unless he really messes up the economy by squandering tens of trillions. Doing less would be safer.
Charisma is easily confused with skill.
John
Times have been worse and the media loves bad news. The economic system is self-correcting, but is not as logical as science is. Economics is as much about psychology as about facts. The mix causes euphoria, fear, wild swings, overreactions and general mayhem, from time to time.
Of course. They are spin doctors and will always seize the moment, for thier own benifit.
Yes, it is improving. There are positive data everywhere. If the media jump on this, the recovery will be swift. Not a good thing, in my opinion ... I'd refer a slower recovery with more time for reflection about what went wrong and how to prevent it in the future. I'll vote for a lower Q ... more subdued oscillations.
He whines, "I inherited this deficit! Wah!", while his first action in office is to increase it by another trillion dollars! >:-{
He's not only the smarmiest snake-oil salesman I've ever seen, he might be the smarmiest snake-oil salesman there's ever been!
Thanks, Rich
James Arthur wrote:
You're right. The people depicted ARE mega-dumb. The graphic points to people voting their ignorance, superstitions, and prejudices--against their own financial well-being.
You hit it squarely with "bubble".
Again: BUBBLE. (Ike's guy knew his ass from a hole in the ground.)
Was EVERYBODY sleeping in History class when they covered the 1920s and the Great Depression that followed?
No one seems to remember the warnings from recent history either: "Voodoo Economics" and "Irrational Exhuberance".
You use the word "bubble", yet you don't seem to understand it.
Studying the Great Depression of the '30s and why the US economy didn't COMPLETELY implode after the 12 year-bubble of Harding/Coolidge/Hoover leads to the initials F.D.R. His solution was *govenment spend* AT A TIME WHEN GOVERNMENT **SHOULD** BE SPENDING. (See "Ike's guy", above.)
The picture is of an unemployment line. Unemployment was low. So the cartoon, when drawn, was wrong and made no sense.
James Arthur
He reads well. No teleprompter, linguistic disaster.
How do you think government spending will fix anything?
Cheers, James Arthur
::(Ike's guy knew his ass from a hole in the ground.) ::
dagmargoodbody @yahoo.com wrote:
What do you know about economics that Martin and Roosevelt didn't?
That doesn't answer my question.
James Arthur
dagmargoodbody @yahoo.com wrote:
In the wake of the fiasco that was Hoover, FDR and (most) gov'ts since have realized it was in their interest to flatten out the boom/bust cycle. I already pointed to the quote of Ike's Fed Chairman.
Here's FDR's quote about the other end of the spectrum:
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