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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (522947)	10/23/2009 12:35:31 PM
From: combjelly	Read Replies (1) \| Respond to of 1580053

"Exactly. You don't understand the concept and you don't WANT to understand it" I understand the concept. I just don't buy it. And history is proving that Chicago School, even in its present modified form, is bankrupt. And that is what it boils down to. "But the fact of the matter is it doesn't comport with your liberal ideology so you're having none of it." He said, while being firmly blinkered by his partisanship... The only reason you buy into this stuff is because of your own partisanship. To the point that you make the (false) statement that it is the current majority opinion, despite being a minority one. "What we have here is a Koan moment. Arguing that a complex point is simple just because YOU don't understand it" And your straw man strides out onto the field... I never argued it was simple. However, it is a valid point. "The American economy was a major driver and the incompetent policy we pursued dragged it out for everyone." Nonsense. The US was a net exporter. Now, it was a major creditor in the aftermath of the belly flop of the British Empire, so the drying up of that credit did have an impact. Still, we didn't drag it out for everyone like you claim. "Of course it was. Which has nothing to with what we were discussing, which is the failed policy of FDR to help the situation." It has everything to do with the discussion. The different countries tried different solutions for their economic woes. Some similar to what you seem to think we should have done. None, bar 2, did better than the US did, despite having suffered less of an impact. And the less spending a country did, the worse their recovery was. A perfect experiment, which you refuse to even discuss.