[TheMontashu]

So we're learning about basic expansion and contraction economic policies. Now for the most part it makes sense. When the economy is doing good, cut spending, tax and save to prevent things from going up to sharply. When the economy is doing bad you cut taxes and use the money you saved to increase spending. While keeping stimulus at the lowest levels because they go around the economy the most times. Now this is just a basic econ class, no politics no nothing (our books actually LOVES free trade)

Now it seems to me that republican policy seems ASS BACKWARDS, our economy was under the bush administration for a while (supposedly at least, even though the middle class's income went DOWN) yet we saw TRILLIONS more in deficates and debts, and tax breaks for the RICH. As soon as the economy collapsed (thanks to more republican deregulation) the republicans try and freeze spending.

Now I get that people are greedy and don't want to pay there taxes. But is it just me or is there economic policy simply retarded, and who ever can sit there and agree with it is as well......

I mean I am only taking a basic college econ class, but all signs point to republican economic policy being WRONG

 

[syadasti]

Really old news:

http://www.ridemonkey.com/forums/showpost.php?p=1174518&postcount=7

 

[Secret Squirrel]

...defecates ...

Yes. Entirely correct.

 

[kidwoo]

t.h.e.i.r.

 

[TheMontashu]

t.h.e.i.r.

Don't you have something better to do than correct every spelling and or grammar mistake I make???

 

[Silver]

GOP economics is simple. It's like creationist biology, except instead of "Jesus" the answer is "Tax Cuts".

 

[kidwoo]

Don't you have something better to do than correct every spelling and or grammar mistake I make???

Heh, that was just one of the them.

Don't you want to graduate with the ability to not sound like a total moron? Economics be damned son, learn the fvcking language.

 

[Silver]

Heh, that was just one of the them.

Don't you want to graduate with the ability to not sound like a total moron? Economics be damned son, learn the fvcking language.

The good news for him is that 90% of his fellow students also sound like morons when they attempt to communicate via the written word.

The other 10% are going to have an easy life because of this.

 

[Pesqueeb]

I mean I am only taking a basic college econ class, but all signs point to republican economic policy being WRONG

That is correct.

 

[jimmydean]

Still beats Socialism.

 

[stoney]

That is correct.

I really don't even know to go where this thread. You are what, 3-4 weeks in?

 

[Pesqueeb]

 

[TheMontashu]

I really don't even know to go where this thread. You are what, 3-4 weeks in?

2 months now actually, it's mostly review from high school as well.

The good news for him is that 90% of his fellow students also sound like morons when they attempt to communicate via the written word.

The other 10% are going to have an easy life because of this.

When I type on here, I don't proof read or even care about mistakes I make, I just type and post. If I am writing a paper for a class, I actually take the time to fix my mistakes and do a decent job.

That being said, most kids my age can't write.

 

[ALEXIS_DH]

When I type on here, I don't proof read or even care about mistakes I make, I just type and post. If I am writing a paper for a class, I actually take the time to fix my mistakes and do a decent job.

That being said, most kids my age can't write.

well, if you NEED to proof-read to not look like a moron......

 

[the desmondo]

Now I get that people are greedy and don't want to pay there taxes. G

People are greedy for not wanting to pay taxes.?

 

[DaveW]

People are greedy for not wanting to pay taxes.?

Only if they still expect to use what those taxes pay for.

 

[TheMontashu]

Only if they still expect to use what those taxes pay for.

I'm down to pay for other peoples' cancer treatments, food, and education.

 

[stoney]

I'm down to pay for other peoples' cancer treatments, food, and education.

If you had an income, you might understand their complaints. However, you just want to go into public employment (see public school teacher), have your loans forgiven, and live off the public teat, including through retirement (pensions).

Try getting a real job, where you can be fired for incompetence, and where competition to outperform drives those who stay, and those who are fired. You might have a different perspective, when your job is on the line because someone wants it more than you are willing to work for it.

 

[Pesqueeb]

If you had an income, you might understand their complaints. However, you just want to go into public employment (see public school teacher), have your loans forgiven, and live off the public teat, including through retirement (pensions).

Try getting a real job, where you can be fired for incompetence, and where competition to outperform drives those who stay, and those who are fired. You might have a different perspective, when your job is on the line because someone wants it more than you are willing to work for it.

You know, someone could get the impression you've got a chip on your shoulder.

 

[stoney]

No, I'm just a free market capitalist.

On a side note, a great way to stop outsourcing of jobs would be as simple as a very high import tax on foreign made products from US companies. That would almost immediately bring US market production back into the US, as well as huge capital investments from those companies. Couple that with a tax holiday to re-patriate foreign held cash, and you have a return of manufacturing.

Also, brining the miltary back from Afghanistan, and having them fortify and patrol the US southern border would effectively eliminate illegal immigration opening up more jobs in the US.

People would (gasp) have to work in the jobs that nobody wants, but we did it up until the '70's, so I don't see what the problem is now, beyond entitlement. Which brings me back to point with this thread.

 

[ohio]

No, I'm just a free market capitalist.

...as simple as a very high import tax

wat?

12345

 

[syadasti]

If you had an income, you might understand their complaints. However, you just want to go into public employment (see public school teacher), have your loans forgiven, and live off the public teat, including through retirement (pensions).

Try getting a real job, where you can be fired for incompetence, and where competition to outperform drives those who stay, and those who are fired. You might have a different perspective, when your job is on the line because someone wants it more than you are willing to work for it.

Even better, get a "real" job on Wall Street and live off the public teat and get a bonus for failure.

Or how about the average useless CEO with a nice golden parachute reward for failure

 

[Straya]

eliminate illegal immigration opening up more jobs in the US.

That no American would actually do.

http://www.ufw.org/toj_play/TOJNEW_12_JAL.html

 

[Silver]

wat?

12345

Yeah, my head just exploded.

Fess up, since you know him in real life. He's actually got Down's syndrome, right? I feel really bad for piling on all those times. Next time I'm up north, I'll take him to a McDonald's for a happy meal to apologize.

 

[stevew]

 

[jimmydean]

Try getting a real job, where you can be fired for incompetence, and where competition to outperform drives those who stay, and those who are fired. You might have a different perspective, when your job is on the line because someone wants it more than you are willing to work for it.

Where do I find one of those? Every place I work, the ass kissers get promoted to CEO level where they eventually get a huge check in order to leave after running the company into the ground.

 

[ALEXIS_DH]

No, I'm just a free market capitalist.

On a side note, a great way to stop outsourcing of jobs would be as simple as a very high import tax on foreign made products from US companies. That would almost immediately bring US market production back into the US, as well as huge capital investments from those companies. Couple that with a tax holiday to re-patriate foreign held cash, and you have a return of manufacturing.

i just blew a gasket.
free market capitalist for higher tariffs, which will bring back capital investmet helped by nationalistic tax holidays...

lol, this just topped the medicare-addicted fatties on gvmt-paid scooters rallying for small government and less spending....

 

[stoney]

That is life. When you are a grunt, you need to be better than the next grunt.

As for Ohio's note, let me re-phrase that. I'm a capitalist, I just would like to se our country rebuild itself, and if that means building walls, so be it. China does it through cheap labor and currency pegs. That doesn't mean we can play along as well. But I guess we call that protectionism, and we can't have that, now can we. Oh wait, everybody else does.

 

[Secret Squirrel]

That is life. When you are a grunt, you need to be better than the next grunt.

As for Ohio's note, let me re-phrase that. I'm a capitalist, I just would like to se our country rebuild itself, and if that means building walls, so be it. China does it through cheap labor and currency pegs. That doesn't mean we can play along as well. But I guess we call that protectionism, and we can't have that, now can we. Oh wait, everybody else does.

So many pretty unicorns....everywhere......

 

[TheMontashu]

If you had an income, you might understand their complaints. However, you just want to go into public employment (see public school teacher), have your loans forgiven, and live off the public teat, including through retirement (pensions).

Try getting a real job, where you can be fired for incompetence, and where competition to outperform drives those who stay, and those who are fired. You might have a different perspective, when your job is on the line because someone wants it more than you are willing to work for it.

Except I decided I want to make real money, and am taking calc, physics, chem, and auto cad next semester. I'm going to get a mechanical engineering degree

Again still still down to pay for school, medicine, and food.

Nice job dude, passing judgment on my work ethic based on the BS I post on here. Clearly you are the intelligent one here, and the moral superior

Edit: when you get fired for being to big of a prick, we will all be laughing

That is life. When you are a grunt, you need to be better than the next grunt.

As for Ohio's note, let me re-phrase that. I'm a capitalist, I just would like to se our country rebuild itself, and if that means building walls, so be it. China does it through cheap labor and currency pegs. That doesn't mean we can play along as well. But I guess we call that protectionism, and we can't have that, now can we. Oh wait, everybody else does.

Don't forget the HUGE subsidies to industry in china as well. I'm all for protectionism, but then again, free trade is teh fail

 

[Inclag]

That is life. When you are a grunt, you need to be better than the next grunt.

I don't privy myself as another grunt doing what it takes to survive.

But I guess that sums it up if you work in a job that doesn't provide tangible societal value.

 

[Pesqueeb]

Run Joker! Beware the populist outrage!

 

[miragebass]

One of the most essential things I've learned in the graduate Economics courses I've taken is that nothing in the field of Economics is ever "right." One idea can be less wrong than another in a certain application, but the one thing they teach you is that you're never actually "right."

Of course, there are far more things that must be considered when you're looking for the "correct" economic policy given certain conditions, and literally every argument put forth can pretty easily be torn down to point out it's creators' faults.

Long story short, don't try to read into political/economic policy based on something your professor or a textbook put forth, because there's simply A LOT more to it than that. If you're really interested in the political economy, maybe take it up as a major or minor. Just make sure you take an unbiased view when studying it, otherwise things are always going to make sense your way. I learned that very quickly.

Heck, maybe one day you'll get lucky and make a discovery that's less wrong than anyone up to that point. And maybe someone will be foolish enough to pay you big money for doing so. Sure hope that's true for me or I'm out of a career

 

[stoney]

I don't privy myself as another grunt doing what it takes to survive.

But I guess that sums it up if you work in a job that doesn't provide tangible societal value.

many of my clients manage money for pensions, which of were not for govt induced inflation, and unattainable promises by said govts to unions, you would not need to invest thier funds at high risk levels to attain retirement. The financial industry really would not exist if the govt did not devalue our currency 2% YoY.

But what do I care. I'm just doing this long enough to save up enough cash to buy a humble 3br house in a place like Portland (in cash) and then work a job that will allows to comfortably live and raise a family. I don't think I can do this more than few years, because it's killing me

I've always wanted to go back into the bike industry anyways, and could easily run books and manage inventory at a shop.

 

[Silver]

No, seriously. Down's, yeah?

 

[TheMontashu]

I don't think I can do this more than few years, because it's killing me

Happy and dumb > smart and misserable

Or am I the smart one for not picking a useless career that I hate.........

 

[ALEXIS_DH]

That is life. When you are a grunt, you need to be better than the next grunt.

As for Ohio's note, let me re-phrase that. I'm a capitalist, I just would like to se our country rebuild itself, and if that means building walls, so be it. China does it through cheap labor and currency pegs. That doesn't mean we can play along as well. But I guess we call that protectionism, and we can't have that, now can we. Oh wait, everybody else does.

then you are a mercantilist, not a capitalist son.

 

[ohio]

Yeah, my head just exploded.

Fess up, since you know him in real life. He's actually got Down's syndrome, right? I feel really bad for piling on all those times. Next time I'm up north, I'll take him to a McDonald's for a happy meal to apologize.

Actually, we've never met, but I'm pretty sure I'd like the guy in person.

Joker, I would only suggest you stop presenting yourself as a principled ideologue. It's fine to have conflicting opinions for nuanced reasons... that usually makes someone a moderate. You get into trouble by declaring these black and white Randian "truths" about the world that inevitably you contradict because they were psychotic when Rand wrote them, and just as psychotic when you repeated them. The fact that you later contradict them demonstrates not that you're a hypocrite, but that the ideology is flawed.

 

[Inclag]

Happy and dumb > smart and misserable

Or am I the smart one for not picking a useless career that I hate.........

You have a career? Wait I thought you said you were going to school

 

[MikeD]

Actually, we've never met, but I'm pretty sure I'd like the guy in person.

Joker, I would only suggest you stop presenting yourself as a principled ideologue. It's fine to have conflicting opinions for nuanced reasons... that usually makes someone a moderate. You get into trouble by declaring these black and white Randian "truths" about the world that inevitably you contradict because they were psychotic when Rand wrote them, and just as psychotic when you repeated them. The fact that you later contradict them demonstrates not that you're a hypocrite, but that the ideology is flawed.

Dude, you just exploded my head.