Total Posts:9|Showing Posts:1-9
Jump to topic:

Yahoo: Economic Debate Over, Krugman Wins

GeoLaureate8
Posts: 12,252
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 4:19:55 PM
Posted: 3 years ago
http://m.yahoo.com...

"On one side were economists and politicians who wanted to increase government spending to offset weakness in the private sector. This "stimulus" spending, economists like Paul Krugman argued, would help reduce unemployment and prop up economic growth until the private sector healed itself and began to spend again.

On the other side were economists and politicians who wanted to cut spending to reduce deficits and "restore confidence." Government stimulus, these folks argued, would only increase debt loads, which were already alarmingly high. If governments did not cut spending, countries would soon cross a deadly debt-to-GDP threshold, after which growth would be permanently impaired. The countries would also be beset by hyper-inflation, as bond investors suddenly freaked out and demanded higher interest rates. Once government spending was cut, this theory went, deficits would shrink and "confidence" would return.
...
The argument is over. Paul Krugman has won."

Hahaha hahaha!
"We must raise the standard of the Old, free, decentralized, and strictly limited Republic."
-- Murray Rothbard

"The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended."
-- Frederic Bastiat
Lordknukle
Posts: 12,788
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 4:51:53 PM
Posted: 3 years ago
Common folk idiots. Seriously...even if we were to accept that Keynesians are economically correct (they aren't), that still leaves out the entire moral conundrum of fvcking stealing from other people to achieve a wet fantasy.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
Eitan_Zohar
Posts: 2,697
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 4:52:54 PM
Posted: 3 years ago
At 4/24/2013 4:51:53 PM, Lordknukle wrote:
Common folk idiots. Seriously...even if we were to accept that Keynesians are economically correct (they aren't), that still leaves out the entire moral conundrum of fvcking stealing from other people to achieve a wet fantasy.

What is property, Lordknukle? What is morality?
"It is my ambition to say in ten sentences what others say in a whole book."
Lordknukle
Posts: 12,788
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 4:56:59 PM
Posted: 3 years ago
At 4/24/2013 4:52:54 PM, Eitan_Zohar wrote:
At 4/24/2013 4:51:53 PM, Lordknukle wrote:
Common folk idiots. Seriously...even if we were to accept that Keynesians are economically correct (they aren't), that still leaves out the entire moral conundrum of fvcking stealing from other people to achieve a wet fantasy.

What is property, Lordknukle? What is morality?

Property is something that you own. Morality is anything that you want it to be.

Stupid definitions for stupid questions.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
Eitan_Zohar
Posts: 2,697
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 5:31:33 PM
Posted: 3 years ago
At 4/24/2013 4:56:59 PM, Lordknukle wrote:
At 4/24/2013 4:52:54 PM, Eitan_Zohar wrote:
At 4/24/2013 4:51:53 PM, Lordknukle wrote:
Common folk idiots. Seriously...even if we were to accept that Keynesians are economically correct (they aren't), that still leaves out the entire moral conundrum of fvcking stealing from other people to achieve a wet fantasy.

What is property, Lordknukle? What is morality?

Property is something that you own.

Why should we consider the consent of the property-owner, then?

Morality is anything that you want it to be.

The lack of objective standards of moral truth creates arbitrary standards and criteria. Which is incoherent, according to that silly little rule called the "principle of non-contradiction." Meaning if you recognize all moral facts as equally valid, it follows that they are all equally invalid. Meaning nihilism. Following?

Stupid definitions for stupid questions.

But... there's no such thing as a stupid question.
"It is my ambition to say in ten sentences what others say in a whole book."
1Percenter
Posts: 781
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 5:46:44 PM
Posted: 3 years ago
At 4/24/2013 5:31:33 PM, Eitan_Zohar wrote:
At 4/24/2013 4:56:59 PM, Lordknukle wrote:
At 4/24/2013 4:52:54 PM, Eitan_Zohar wrote:
At 4/24/2013 4:51:53 PM, Lordknukle wrote:
Common folk idiots. Seriously...even if we were to accept that Keynesians are economically correct (they aren't), that still leaves out the entire moral conundrum of fvcking stealing from other people to achieve a wet fantasy.

What is property, Lordknukle? What is morality?

Property is something that you own.

Why should we consider the consent of the property-owner, then?

Morality is anything that you want it to be.

The lack of objective standards of moral truth creates arbitrary standards and criteria. Which is incoherent, according to that silly little rule called the "principle of non-contradiction." Meaning if you recognize all moral facts as equally valid, it follows that they are all equally invalid. Meaning nihilism. Following?

Stupid definitions for stupid questions.

But... there's no such thing as a stupid question.

Not this crap again...
imabench
Posts: 21,219
Add as Friend
Challenge to a Debate
Send a Message
4/24/2013 6:00:29 PM
Posted: 3 years ago
At 4/24/2013 5:31:33 PM, Eitan_Zohar wrote:

But... there's no such thing as a stupid question.

As the host of the weekly stupid I will have you know.....
Kevin24018 : "He's just so mean it makes me want to ball up my fists and stamp on the ground"
Geogeer: "Nobody is dumb enough to become my protege."

7/14/16 = The Presidency Dies

DDO: THE MOVIE = http://www.debate.org...
http://www.debate.org...

VP of DDO from Dec 14th 2014 to Jan 1st 2015