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Author Topic: Political Economics  (Read 223737 times)
DougMacG
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« Reply #1550 on: October 15, 2014, 02:30:44 AM »

This is an important piece IMHO.  Sorry I can't cut and paste well from my phone.
http://m.startribune.com/opinion/commentaries/278857171.html?section=opinion

Related: https://danieljmitchell.wordpress.com/2011/07/15/two-pictures-that-perfectly-capture-the-rise-and-fall-of-the-welfare-state/
« Last Edit: October 15, 2014, 12:03:43 PM by Crafty_Dog » Logged
ccp
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« Reply #1551 on: October 22, 2014, 07:11:22 AM »

I really have to question if it has made health care any better since I am in that field.  So far it is no more than a game of numbers and I honestly don't believe much of what I read anymore.   Too many agendas.

This could go under technology but I thought this thread might be the most fitting place:

http://www.economist.com/news/special-report/21621237-digital-revolution-has-yet-fulfil-its-promise-higher-productivity-and-better
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DougMacG
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« Reply #1552 on: November 10, 2014, 09:55:01 AM »

One more political economic lesson from the cartoon front:

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DougMacG
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« Reply #1553 on: December 07, 2014, 12:38:16 PM »

Famous people caught reading the forum?  This has already been widely reported here.  No one is saying which direction the cause and effect arrow is pointing...

http://news.investors.com/ibd-editorials/120414-729164-income-inequality-is-greatest-in-the-most-liberal-states.htm

Income Inequality Is Greatest In the Most Liberal States

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DougMacG
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« Reply #1554 on: December 10, 2014, 11:35:54 PM »

Refuting liberals is hard work - because their lips just keep moving.

Here is "Forward Progressives" pushing the idea that 5 charts demonstrate what a great economic success the Obama administration has been:
http://www.forwardprogressives.com/5-charts-proving-how-successful-president-obama-been/

(Read progressives as always in quotes.)

Unsurprisingly, there are flies in their ointment.

1.  Progressives compare minor upward results with the depths of the crash (that they caused), not with previously successful periods.

2.  They judge job growth as positive even when most of it was below the level required to break even.

3.  They call it unemployment falling when the real change is a rapidly declining workforce participation rate.  There are more people not working now than ever before.  Even with funny math, the stated unemployment rate is worse than when they took majority power in Washington.

4.  Progressives claim stock gains with the blatant hypocrisy that they would most certainly be criticizing these gains if it was someone else's policies sent the financial gains only to the wealthiest among us.  The rich and powerful gained while the middle declined.  Startup under Obama were like a Neal Young song; they "start off real slow and then fizzle out altogether".

5.  Progressives chart the highest debt added in history to look like a trend line down when in fact their own budgets and forecasts have it going right back up.

6.  Lastly, how do you say Chutzpah?  From the author of Audacity, they claim oil production in the US is way up under Obama!  Yes it is!  Is there one person smart enough to vote that doesn't know that Obama fought against oil production at every turn?

Take a close look at a liberal viewpoint and most often you will find a lie or deception in the first substantive point.  And here is no exception.
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