Originally posted by BOLLOCKS
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Jon Stewart thinks that Clinton's surplus eliminated the National Debt
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If you're legitimately curious...you'll do your own homework. Then again....I've seen more sensible articulations from non-scholars (at least they're not recognized as one) then those defined as one. All that is is pretentious dick measuring contest.
It's about Capitalism. Lassaze faire...Free Markets. A Small Govt to accommodate it. Ask ol' Congressman Ronnie Paul ....from whom and where he got his Economic viewpoints from. His fans seem to think that he pioneered his message....when guys like Murray Rothbard paved the way for him.
Does my boy Walter Block qualify as scholar?
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Originally posted by !! Shawn View PostAnd what scholarly opinion are you looking for? That Obama hasn't accrued massive amounts of Debt, or that it was all bushes fault?
A scholarly polar opposite of some Govt. appointed Keynesian Economist/Paul Krugman clones, who have no idea what they're talking about and distract us with esoteric mathematical equation about macroeconomics.
It's no competition. Get me an Average Joe from the Tea Party who understands history and a few principles of Capitalism...and he beats their snobbish, Obama supporting University Professor.
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I was talking about a specific point, but thanks for trying guys I guess. It was sort of a meaningless question to ask though. I already know where O'Reilly's source material comes from, and that is indeed the rightwing think tanks, for example the Heritage Foundation, the Cato Institute, etc.
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If politicians and economists knew anything about politics and economics, the world wouldn't be the 3rd rate civilisation it is. Greed has destroyed the fabric of human society and it won't recover until basic social principles are adhered to at the very highest levels of government and economics.
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That's actually a fairly common fallacy on the left. Clinton did a very good job of controlling the growth of government, combined with the increase in revenues from the dot-com boom and beginning of the housing bubble (helped by Bill's repeal of Glass-Steagall Act) led to a lowering of the Debt/GDP ratio. The National Debt still increased about 1.5 trillion during his 2 terms.
Originally posted by !! Shawn View PostNot increasing spending when its already astronomically high is not any sort of success.
I have always felt that democrat in office while both houses are republican is a good check's and balances system, sense the Democrat is usually more socially palatable as a public figurehead.Last edited by Jim Jeffries; 10-28-2012, 12:29 PM.
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Originally posted by Nodogoshi View PostI was talking about a specific point, but thanks for trying guys I guess. It was sort of a meaningless question to ask though. I already know where O'Reilly's source material comes from, and that is indeed the rightwing think tanks, for example the Heritage Foundation, the Cato Institute, etc.
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My favorite part is when liberals dont know how to read graphs, and use said graphs in their arguments. Brb, what does growth mean?
Sadly, its a testament to how dumb the masses truly are. But hey, atleast you got an obamaphone. Brb, bash bush for his out of control spending, and turn a blind eye to obamas even worse spending (see above graph and take note of the word 'growth')
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