Real World Event Discussions

Conservatives have no ideas what to do about recessions

POSTED BY: kpo
UPDATED: Monday, March 9, 2026 17:30
VIEWED: 29022
PAGE 16 of 25

SIGNYM

Thursday, January 9, 2014 8:19 PM

Quote:
I don't particularly believe in Hayek or von Mises or anyone else.

In other threads, you have made it quite plain that you Believe in a Libertarian approach. You kept citing economists who you (now) claim you don't believe.... and which, BTW, you keep on citing. This is exactly why you should be explaining what YOU think IN YOUR OWN WORDS. Then you can start drawing distinctions between what YOU believe and what others believe.

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As I said early in the thread, "If you look even shallowly into analysis of the Great Depression, you'll find out that pretty much every economist has his pet theory for the causes and solutions, and that they differ in many ways. Which one would you base your reaction on?"

To this day, rappy insists that there were enough WMD in Iraq to be worth a war. Believers and flat-earthers and all kinds of delusionists abound. It is your responsibility, as a thinking adult, to sort out fact from fiction, and not just wave your hands helplessly and say So many people believe in so many things!

So look at the data. Try to figure out what was really happening, discuss and hone your ideas with others.

You've been given both a time-series example (the Great Depression) and a parallel example (USA v EU). Every single time wealth is sharply concentrated, the economy tanks. The more the wealth is concentrated, the worse it gets.

"You shall not crucify mankind on a cross of gold"? A depression which occurred while we were on the gold standard. Just look thru history, you'll find a lot of information there.

The mechanisms for how this happens have been detailed. On YOUR side of the coin, you have not been able to explain... well, anything. And you're not interested in doing so. Why should we take you seriously?

KANEMAN

Friday, January 10, 2014 3:59 AM

Quote:
Originally posted by kpo:
Very good article:

http://www.businessinsider.com/conservatives-have-no-idea-what-to-do-a
bout-recessions-2013-12#ixzz2ngv5fJ4P

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To be clear, conservatives absolutely do have an economic policy agenda. They favor lower taxes, less regulation, government spending cuts, more domestic energy production, school choice, free trade, and low inflation. They often cite these policies as ones that might alleviate recession and speed recovery. They favor these policies now, they favored them in 2008, and they favored them in 2004.

That is, conservatives favor the same set of economic policies when the economy is weak and when it is strong; when unemployment is high and when it is low; when few homeowners are facing foreclosure and when many are. The implication is that conservatives believe there is nothing in particular the government should do about economic cycles.

Well conservatives, is it true?

Hey genius, "they believed those things in 2004 and 2008". Were they in a position of power on a federal level to act? No. Kaneman 1 KPO 0

Now, take a look at the states run by conservatives and compare them to liberal run states in respect to getting out of recession and good fiscal standing. Notice anything? Man, you're still unsmart.

Kaneman 2 KPO 0

MAL4PREZ

Friday, January 10, 2014 4:57 AM

A few days of successful Rappy ignoring, and Kaneman suddenly appears. It's first post in 3 years, and yet it steps in like it's never been away.

Hmmmm.

*-------------------------------------------------------------*
MAL4PREZ: Clearly [The Rap]'s doing nothing but trolling now.
STORYMARK: And not even cleverly.
RAPPY: [My trolling] did its job, did it not? Easiest marks in the 'verse.
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=57146
*-------------------------------------------------------------*

MAGONSDAUGHTER

Friday, January 10, 2014 6:29 AM

Must have gotten out of jail.

M52NICKERSON

Friday, January 10, 2014 6:48 AM

Quote:
Originally posted by KANEMAN:
Now, take a look at the states run by conservatives and compare them to liberal run states in respect to getting out of recession and good fiscal standing. Notice anything? Man, you're still unsmart.

You should read articles before posting like you know what they say. The article talks about red and blues states as they voted in the presidential election, not who control the state. For example Florida is controlled by a super majority Republican, and the state's growth was -1.4%

Also many of the red states have seen natural resource booms and with their lower population it is easier to show increases in overall income.

So reality 1, Kaneman 0.

I do not fear God, I fear the ignorance of man.

GEEZER

Friday, January 10, 2014 6:55 PM

Quote:
Originally posted by kpo:
Quote:
Use the definitions stated in the article you posted

You mean this one?

I mean the ones in the article.

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For the last five years, liberals have promoted three main economic policies to shorten or ameliorate the Great Recession and speed the recovery from it.
Deficit-financed spending to compensate for demand gaps in the private sector.
Easy monetary policy to raise inflation and support demand.
Mortgage modifications to reduce foreclosures and support consumption.

Quote:
To be clear, conservatives absolutely do have an economic policy agenda. They favor lower taxes, less regulation, government spending cuts, more domestic energy production, school choice, free trade, and low inflation. They often cite these policies as ones that might alleviate recession and speed recovery. They favor these policies now, they favored them in 2008, and they favored them in 2004.

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Be aware that if you claim that conservatives used stimulus, that pretty much invalidates the claim of the article you cited, and the title of this thread.

That's bad logic. It suggests that conservative policies can only be implemented by conservatives, and liberal policies implemented only by liberals. Obama is a liberal and his ARRA stimulus was approximately 1/3 tax cuts. So are tax cuts a liberal policy now?

But per the article, conservatives have no policy to deal with recession.

ETA: Interesting that your article didn't mention the tax cuts in the ARRA stimulus. Wonder why that was.

"When your heart breaks, you choose what to fill the cracks with. Love or hate. But hate won't ever heal. Only love can do that."

SIGNYM

Friday, January 10, 2014 8:08 PM

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But per the article, conservatives have no policy to deal with recession.

Per you, conservatives have a "passive policy". We're taking your seriously. You should be grateful.

Yep, noticed that about Kaneman who, IIRC lives in his mom's basement in CT, and is just like rappy in every other respect.

BIGDAMNNOBODY

Friday, January 10, 2014 8:36 PM

And 1Kiki is Rue.
And ElvisChrist is Kwicko.
Mal4Prez is useless.
And Signy is ...
And Chrisisall is...

Bored now.

KPO

Friday, January 10, 2014 9:06 PM

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I mean the ones in the article.

Quote:
To be clear, conservatives absolutely do have an economic policy agenda...

But you asked specifically about conservative responses to recession - not general conservative economic policy. So I take it you want me to comment on general conservative economic policy - as applied in times of recession. Is that right? And compare that to Keynesianism?

Quote:
Interesting that your article didn't mention the tax cuts in the ARRA stimulus.

Neither did you, or any of the other conservatives here. the way I see it, if a group of conservatives when challenged couldn't name that particular conservative policy idea, then a liberal(?) journalist can be forgiven not for thinking of it.

It's not personal. It's just war.

SIGNYM

Friday, January 10, 2014 11:01 PM

Yanno, Geezer will just nitpick and question your statements to death, without ever coming up with a statement and rationale for his own preferred Propertarian approach. I'm sure you can bird-dog him down... I know I have (when it came to vehicle efficiency) but I just want to point out that he doesn't hold himself to the same standard that he holds you.