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What must one do to be a respected economist? Crash the world economies and provide decades of stagnant markets?
" Yes " - Krugman
What must one do to be a respected economist? Crash the world economies and provide decades of stagnant markets?
Well, yes, because trickle down is not a real thing, sorry.
What must one do to be a respected economist? Crash the world economies and provide decades of stagnant markets?
No, the bottom line is that Sowell's take on Economics goes against everything that you are told to believe and that you'd come up with ridiculous statements like you did about him not being a respected Economist because he isn't aligned with you ideologically.
You spoke out of your ass, got called out on it and can't back up your assertion/lie.
You're rather pathetic to say the least. But stick to your guns, people that read this thread know how disingenuous you are.
So like I said, you like him so everyone else should as well.
And he isn't respected and no one looks to him for economic advice.
What is this supposed to mean? From where I'm sitting, it sounds like you're simultaneously arguing that regressive tax cuts have positive benefits and denying that anyone thinks that. This is exactly like a thread that Nostra started, which makes me suspect that there's some low-brow chain email going around on it or a talk-show host talked about it.
So like I said, you like him so everyone else should as well.
And he isn't respected and no one looks to him for economic advice.
It is in this video it does not exist.
BUT, let me tell you why it is not a real thing. In short, trickle down means that you are ONLY giving benefits of some sort to the rich and that these will have a positive effect on the people below them. No one touted this as their platform ever....now, their critics might has said this, but no one ever touted it as their platform.
What Reagan did was SUPPLY SIDE ECONOMICS.
Basic Economics: A Citizen's Guide to the Economy
You're an ideologically retarded fool...or a troll.
This is some quality blather. Nice amalgam of conservative thought, sweet gimmick homie. Funny how you keep referring to others' "feelings" when you've clearly got your panties in a bunch over this.1) Don't ever bring up Jesus because you have no understanding of him.
2) there is no such thing as trickle down, it is used by ignorants like you with no evidence of who claimed it was such a thing. See video.
3) The free market is the VOLUNTARY buying and selling of goods and services, if you think economics is a zero sum game where you can only get rich by stealing from others then you are a dumb shit and know nothing about how economic systems work, no matter how much of a pompous jackass you sound like.
4) Taxes are NOT CHARITY---- charity is the VOLUNTARY giving to those less fortunate, and red states which are more christian give more charity than blue states
5) In the new and old testaments, tax collectors are seen as sinners, so not sure how you are going to say Jesus was in favor of high taxes or that he even cared. Oh, my proof?
17 Tell us therefore, What thinkest thou? Is it lawful to give tribute unto Caesar, or not?
18 But Jesus perceived their wickedness, and said, Why tempt ye me, ye hypocrites?
19 Shew me the tribute money. And they brought unto him a penny.
20 And he saith unto them, Whose is this image and superscription?
21 They say unto him, Caesar's. Then saith he unto them, Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's.
3) The free market is the VOLUNTARY buying and selling of goods and services, if you think economics is a zero sum game where you can only get rich by stealing from others then you are a dumb shit and know nothing about how economic systems work, no matter how much of a pompous jackass you sound like.
It only seems to us that it is possible to be a Christian and have property and retain it separately from the rest, but that is impossible. People need only recognize this, and very soon there will be nothing left of Christianity but words – nothing but insincere and hypocritical words. Christ said that it is impossible to serve God and mammon. Either you hoard property for yourselves, or you live for God. At first it seems that there is no connection between the rejection of violence, the refusal to do military service, and the recognition of property. “We, the Christians, do not worship external gods, do not swear, do not go to court, and do not kill,” say many of us, “but our acquiring property through labor, not for our enrichment, but as a provision for our dear ones, not only does not violate Christ’s teaching, but even helps us to fulfill it, if we help the needy from the surplus.” But that is not so. Property means that I will not only refuse to give that which I consider to be my own to anyone who may wish to take it, but will also defend it against him. But to defend what is mine from another, I must use violence, defending it by means of a struggle, a fight, and even murder. If it were not for these acts of violence and murder, no one would be able to retain property.
But if we retain property without using violence, it is only so because our property is defended by the threat of using violence against the people around us. Our property is not taken from us, even if we do not defend it, only because it is assumed that we would defend it like anyone else.
And so the recognition of property is the recognition of violence and murder, and you had no reason to refuse to do military and police service if you recognize property, which is maintained only by means of military and police service.
4) Taxes are NOT CHARITY---- charity is the VOLUNTARY giving to those less fortunate, and red states which are more christian give more charity than blue states
5) In the new and old testaments, tax collectors are seen as sinners, so not sure how you are going to say Jesus was in favor of high taxes or that he even cared. Oh, my proof?
17 Tell us therefore, What thinkest thou? Is it lawful to give tribute unto Caesar, or not?
18 But Jesus perceived their wickedness, and said, Why tempt ye me, ye hypocrites?
19 Shew me the tribute money. And they brought unto him a penny.
20 And he saith unto them, Whose is this image and superscription?
21 They say unto him, Caesar's. Then saith he unto them, Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's.
It's half gut/half FUPAI thought it was called a Grundel, or maybe it's just 6 fanny packs filled with twizzlers.
So modern day economists are looking to him for basic economic advice?
You're funny. Stupid but funny.
Is that what I said? Remember, the reason we're still having this conversation is because your retarded self stated that Sowell wasn't a respected Economist.
You're a fucking moron or a lying ideologue. Simple math.
"Trickle down doesn't exist! Now, here's why it's great."
Yeah it's a head scratcher"Trickle down doesn't exist! Now, here's why it's great."
It's half gut/half FUPA
Gupa rolls off the tongue rather nicely, that gets my vote.Gupa? Futpa?
Gupa rolls off the tongue rather nicely, that gets my vote.