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[quote=Allan from Fallbrook] We’re seeing a near total repudiation of the “Big Government is Good” lie throughout the world. Look at the rise of center-right governments in Scandinavia, the massive changes taking place in Britain, and also France, and the realization amongst American voters that we’ve been sold a bill of goods.
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When you’re basing your case on what the American (or any other) voters think, you’re obviously scraping the bottom of the barrel for scraps of evidence to back your theory.

To call what we’re seeing now bad big government is like calling a 70-yard pass into a group of players from both sides in the end zone when you’re down 7 points with 4 seconds left a bad play. Sure, it’s a bad play if you look at it in a vacuum. But, in real life, it’s either that or sit around and let your team lose. It’s really your only option. And it’s a response to the team’s poor play in the preceding 59 minutes. It’s not a decision that was made in a vacuum.

[quote=Allan from Fallbrook] Nothing lends more credence to your post, or is more telling in terms of how business leaders mistrust this president and his administration, than the statistic that tells us that between $800Bn and $1Trn is sitting on businesses’ balance sheets and is not being used at present.[/quote]

They’re hoarding that cash because they’re afraid of deflation. They’re afraid that there’s not enough stimulus. You’re arguing against yourself here, Allan.

And here’s another article, this one from the WSJ, for those of you who don’t believe anything in the NYT.

http://online.wsj.com/article/SB10001424052748704477904575585983364173718.html

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[quote=Allan from Fallbrook] We’re seeing a near total repudiation of the “Big Government is Good” lie throughout the world. Look at the rise of center-right governments in Scandinavia, the massive changes taking place in Britain, and also France, and the realization amongst American voters that we’ve been sold a bill of goods.
[/quote]

When you’re basing your case on what the American (or any other) voters think, you’re obviously scraping the bottom of the barrel for scraps of evidence to back your theory.

To call what we’re seeing now bad big government is like calling a 70-yard pass into a group of players from both sides in the end zone when you’re down 7 points with 4 seconds left a bad play. Sure, it’s a bad play if you look at it in a vacuum. But, in real life, it’s either that or sit around and let your team lose. It’s really your only option. And it’s a response to the team’s poor play in the preceding 59 minutes. It’s not a decision that was made in a vacuum.

[quote=Allan from Fallbrook] Nothing lends more credence to your post, or is more telling in terms of how business leaders mistrust this president and his administration, than the statistic that tells us that between $800Bn and $1Trn is sitting on businesses’ balance sheets and is not being used at present.[/quote]

They’re hoarding that cash because they’re afraid of deflation. They’re afraid that there’s not enough stimulus. You’re arguing against yourself here, Allan.

And here’s another article, this one from the WSJ, for those of you who don’t believe anything in the NYT.

http://online.wsj.com/article/SB10001424052748704477904575585983364173718.html

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[quote=EconProf]We have now seen that the stimulus failed massively[/quote]

Not sure how you can conclude that. To conclude that you’d have to know what would’ve happened without the stimulus. Which, as any econ prof knows, you can’t possibly know.

If, for instance, there would’ve been a depression without the stimulus, then the stimulus was a massive success.

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[quote=EconProf]We have now seen that the stimulus failed massively[/quote]

Not sure how you can conclude that. To conclude that you’d have to know what would’ve happened without the stimulus. Which, as any econ prof knows, you can’t possibly know.

If, for instance, there would’ve been a depression without the stimulus, then the stimulus was a massive success.

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[quote=EconProf]We have now seen that the stimulus failed massively[/quote]

Not sure how you can conclude that. To conclude that you’d have to know what would’ve happened without the stimulus. Which, as any econ prof knows, you can’t possibly know.

If, for instance, there would’ve been a depression without the stimulus, then the stimulus was a massive success.

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[quote=EconProf]We have now seen that the stimulus failed massively[/quote]

Not sure how you can conclude that. To conclude that you’d have to know what would’ve happened without the stimulus. Which, as any econ prof knows, you can’t possibly know.

If, for instance, there would’ve been a depression without the stimulus, then the stimulus was a massive success.

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[quote=EconProf]We have now seen that the stimulus failed massively[/quote]

Not sure how you can conclude that. To conclude that you’d have to know what would’ve happened without the stimulus. Which, as any econ prof knows, you can’t possibly know.

If, for instance, there would’ve been a depression without the stimulus, then the stimulus was a massive success.

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This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

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This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

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This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

[zk]

This is along the lines of what I was talking about:

Nobody here seems to be afraid. Or “very afraid,” as Krugman suggests we should be. I guess we’ll see who’s misguided and naive.

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[quote=jstoesz] Why is your Religon more protected than mine?.[/quote]

I think the point that is missing from this discussion (I don’t know for sure, I haven’t read the whole thing) is:

The problem isn’t that creationism is taught or mentioned in school. The problem is that some want creationism taught as science. Creationism is not science, it is religion. If it’s taught as religion (as in, some people believe in creationism, some people belive in apotamkin, some people believe in the tooth fairy. These are all faith-based beliefs), then I think there’d be a lot less opposition. Especially if it were part of a program to educate children on all the religions of the world.

To teach creationism as science is to misinform our children, and I can’t see how that would be a good idea.

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[quote=jstoesz] Why is your Religon more protected than mine?.[/quote]

I think the point that is missing from this discussion (I don’t know for sure, I haven’t read the whole thing) is:

The problem isn’t that creationism is taught or mentioned in school. The problem is that some want creationism taught as science. Creationism is not science, it is religion. If it’s taught as religion (as in, some people believe in creationism, some people belive in apotamkin, some people believe in the tooth fairy. These are all faith-based beliefs), then I think there’d be a lot less opposition. Especially if it were part of a program to educate children on all the religions of the world.

To teach creationism as science is to misinform our children, and I can’t see how that would be a good idea.

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[quote=jstoesz] Why is your Religon more protected than mine?.[/quote]

I think the point that is missing from this discussion (I don’t know for sure, I haven’t read the whole thing) is:

The problem isn’t that creationism is taught or mentioned in school. The problem is that some want creationism taught as science. Creationism is not science, it is religion. If it’s taught as religion (as in, some people believe in creationism, some people belive in apotamkin, some people believe in the tooth fairy. These are all faith-based beliefs), then I think there’d be a lot less opposition. Especially if it were part of a program to educate children on all the religions of the world.

To teach creationism as science is to misinform our children, and I can’t see how that would be a good idea.

[Author]

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