Democratic Party Nominee 2012-Who Will It Be?

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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.
 
what i thought we've learned is that you can't cut taxes, increase spending, and start two different wars. :shrug:

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.
 
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.
 
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?
 
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.

I didn't join here until '05 but for the record I didn't vote for Bush in '04 because he campaigned against nation building, which he then proceeded to do in Iraq. Voted for the Libertarian whoever he was.
Also, somewhere after the 06' elections you could find me posting here my happiness the GOP lost the House because of their spending and other behaviors. I mean, what's the point of having 2 parties if they're both going to run up huge debts and diddle male Congressional pages?

The Tea Party has given the GOP back its mojo. As George Will said Sunday, they are the Republican establishment now. And President Obama did what all liberal presidents do, scare the crap out of 2/3rd's of the populace once they start governing.

After Obama's inauguration Newsweek ran a cover entitled "We're all socialists now." Well, after 2 years of Pelosi, Reid and Obama "we're all anti-Keynesian now."
 
If Warren Buffet is so concerned his secretary is paying a higher tax rate than he is
he should throw her an extra 100 K under the table
 
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?


for most of the 20th century?

the present economic situation has much to do with Bush and Reagan and supply-side dogma than Keynes.

not to mention, you know, starting wars in central Asia and passing enormous medicare drug benefits all while slashing taxes.
 
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.

:lol:

I have one word for him-coupons. I feel for him, it must be a real struggle.

Yesterday I saved 15 dollars with coupons. And I've never seen 400 K in my life (nowhere even remotely close) and I'm not going to inherit it either.

I want to know where all of these jobs are that wealthy people have created with their tax cuts-oh, I see some lining their pockets. Go fishing in their pockets and there might be some in there.
 
As George Will said Sunday, they are the Republican establishment now.

Hallelujah, somebody is finally admitting that to be the case!

Time we stop referring to them as the Tea Party. They are REPUBLICANS, they should own that. If they want their own identity and name, a third party affiliation is thattaway --->
 
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