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

To: tejek who wrote (582549)	8/25/2010 11:58:53 AM
From: TimF	1 Recommendation Respond to of 1572661

The point I raised has nothing to do with ideology, it has to do with the fact that CBO estimates in this area assume their conclusion. They are circular arguments, and therefore logically meaningless. Which doesn't mean they are necessarily wrong. If you start with a correct assumption, and then use it to argue the same thing as a conclusion, your conclusion would still be correct; but it would be totally unsupported by your argument or estimate. If you assume your conclusion your estimate is meaningless as a matter of basic logic, it simple doesn't tell you anything useful.

To: tejek who wrote (582549)	8/25/2010 12:03:10 PM
From: TopCat	1 Recommendation Respond to of 1572661

"Economic stimulus creates jobs.......its a law of nature." Yes, of course, it fits your bankrupt ideology so you work hard to support it. See how easy that is....

To: tejek who wrote (582549)	8/25/2010 12:37:48 PM
From: i-node	4 Recommendations Read Replies (2) \| Respond to of 1572661

>> Economic stimulus creates jobs.......its a law of nature. This is stupid. Milton Friedman once related the following story: "... recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: 'You don't understand. This is a jobs program.' To which Milton replied: 'Oh, I thought you were trying to build a canal. If it's jobs you want, then you should give these workers spoons, not shovels.'"