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Old 09-18-2011, 05:25 PM   #31
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ignorance is always better than knowledge
it never needs to change, it can be written in stone
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Old 09-18-2011, 07:07 PM   #32
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yes. because your ignorance is just as good as my knowledge.
Beyond knowledge is wisdom. Wisdom being the ability to discern between evidential and demonstrative knowledge and that which has been invalidated, i.e. Keynesian economics.
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Old 09-18-2011, 08:05 PM   #33
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Beyond knowledge is wisdom. Wisdom being the ability to discern between evidential and demonstrative knowledge and that which has been invalidated, i.e. Keynesian economics.


better go alert the Princeton economics department. i'm sure you know something they don't.

when did this invalidating occur? date, time, and place, please.
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Old 09-18-2011, 08:13 PM   #34
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Some guy in an article said it, so it must be true.
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Old 09-18-2011, 08:24 PM   #35
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what i thought we've learned is that you can't cut taxes, increase spending, and start two different wars.
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Old 09-18-2011, 08:33 PM   #36
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what i thought we've learned is that you can't cut taxes, increase spending, and start two different wars.
The Paulite faction of the GOP, influenced by the Austrian school of economics, have made some good arguments against Keynesian economics. Of course, INDY500 is not remotely part of or supportive of that faction of the GOP, given that they've harshly criticised the GOP's Keynesianism and interventionist foreign policy for many years, so he can't really use their arguments against Keynesianism, otherwise he'll end up looking like an inconsistent, hypocritical ditherer who doesn't know his Murray Rothbard from his Joseph Stiglitz.

The % of GOPers who can claim to be consistent critics of Keynesianism is really rather small.
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Old 09-18-2011, 08:48 PM   #37
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The % of GOPers who can claim to be consistent critics of Keynesianism is really rather small.
It's just the nature of politicians and their meddling.

No one wants to be the guy to stand up in Congress and say, "We have to ride out the next 3-4 years of recession.

Public pressure will mean politicians will always intervene in a down economy. Regardless of political affiliation.
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Old 09-19-2011, 02:23 AM   #38
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Jobs created during U.S. presidential terms - Wikipedia, the free encyclopedia

Speaks for itself.
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Old 09-19-2011, 06:50 AM   #39
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They do show that everything the conservative talking heads say about the last few decades of economic history is a lie...
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Old 09-19-2011, 01:35 PM   #40
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heh.

GOP Rep. John Flemming (R-LA) Whines About Making $400K - YouTube
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Old 09-19-2011, 03:54 PM   #41
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Based on that math, rich people are horrible grocery shoppers.
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Old 09-19-2011, 05:28 PM   #42
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Considering that his children are all adults, he's only feeding himself and his wife. Maybe she's in training for the hot dog eating contest.
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Old 09-19-2011, 06:31 PM   #43
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Liberals vow to challenge Obama in Democratic primaries - Washington Times
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Old 09-19-2011, 06:54 PM   #44
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So Ralph Nader has decided to run again. Next up, water has been found in the ocean.
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Old 09-19-2011, 08:59 PM   #45
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when did this invalidating occur? date, time, and place, please.
Really? Not enough Keynesian governed countries teetering on default--collapsing under unsustainable government spending and debt while mired in double-digit unemployment and lethargic economic growth--around the world for ya?

The U.S. losing it's AAA bond rating for the first time not proof enough?

The question is, where's it working?
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