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To: paulj who wrote (672530)2/16/2005 8:48:22 PM
From: Johannes Pilch  Read Replies (1) | Respond to of 769670
 
So I don't know anything about economics.

Never said this. But I do believe you know very little about reason.

There are a lot of people who might find that thought amusing.

There are a lot of twits in the world.

Nothing I said was incorrect. How did you reach that conclusion?

I haven't, yet.

Or, perhaps, the concept of propensity to consume is dumb.

Uh, no. It is what we call "obvious" when it comes to living things, which you presumably were talking about.

Is dumb and incorrect equal, or is it dumb simply because it doesn't fit your view of how economics should work?

"Dumb" is the sort of false dilemma fallacy you are offering here.

Saying something is dumb doesn't win a debate.

No, but it doesn't hurt to point out the facts.

There is a lot of data that supports propensity to consume as a valid part of economics. Do you have some data that refutes the existence of a change in the propensity to consume based on income?

??? This is crazy. No one is arguing against the "propensity to consume." All living things have this attribute and it is obvious to all but folks in comas.

If you don't, you need to include it in your thinking about how the economy works.

Okay!

BTW, never in my life has anyone considered me to be a "lefty".

I don't think you are a lefty - yet. I thought I detected some left sounding rhetoric in one of your posts. I think GZ sensed it too, which is why he lashed out against you. The coolest folks aren't leftists.