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I'd trust the weatherman more, actually.
-Arrian
-Arrian
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grog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood. -
ALL HAIL TEH ALLKNWOING KRUGMAN!!!!Originally posted by GePap
Another giant leap for pseudosciences is made
Economists and my local weatherman! I trust them both equally
"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy CarterComment
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Just look at economic forcast-they are accurate about X percent of the time!
Not responsible if X<50%If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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I never knew you were such a Krugman fanOriginally posted by Ogie Oglethorpe
ALL HAIL TEH ALLKNWOING KRUGMAN!!!!
Lucky you- I mean, you could be one of those wierdos voting for badarnik or something, instead of a rational individual.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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this is like giving the gold medal for the 1000 meter dash to "THE FRIDGE"...
To us, it is the BEAST.Comment
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Wait a minute..."the early nineties"...wasn't that about the time the most sustained economic growth in human history started?But "in the early nineties the economy was depressed by the tax increase in 1993 by about four percent, and it's right at that level now," Prescott said.
Is this one of those Nobel Prize winners who rewrites inconvenient historical facts?? 
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This is funny. The whole economics profession is getting hit by political partisans because the Nobel committee awarded its prize to Prescott.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I have no problem with him getting the Nobel. I do have issue with the assertion you try to make, that the fact this guy thinks the tax cut was too small that means something more than say previous Nobel prize winners giving their opinion.
Given how commonly economic forcasts are wrong, its best to have a healthy skepticism of the bunch.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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As for me, I don't need such an excuse to rail about massive ongoing deficit spending. But this was a convenient one...
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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Economists are political partisans.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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This guy's life work is on taxation and the business cycle as a macroeconomist. Are you questioning his competence to comment on the Bush tax cuts?I do have issue with the assertion you try to make, that the fact this guy thinks the tax cut was too small that means something more than say previous Nobel prize winners giving their opinion.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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No. I question whether it carries any greater weight than anyone elses.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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Well, just go down the list of Nobel laureates who have commented on Bush's economic policies. You will probably find a lot of microeconomists and others without such direct knowledge in the bunch...I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Given the frequency of failures of economic forcasting, as I said, I trust their word as much as the weather people.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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Col. Custer went to West Point and was a professional military commander. But I would question his competence as well.Originally posted by DanS
This guy's life work is on taxation and the business cycle as a macroeconomist. Are you questioning his competence to comment on the Bush tax cuts?
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