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

To: Tenchusatsu who wrote (614571)	6/3/2011 3:46:55 AM
From: combjelly	Read Replies (1) \| Respond to of 1578480

"So when is a recovery "complete"?" Well, an unemployment rate of over 8% doesn't qualify... "Bottom line is that the New Deal didn't work." There you go again, Tenchu. You won't find very many historical economists who hold this view. In fact, outside of American far Right wing blogs and their readers, you won't find many people at all. Now I will grant you that holding uncommon opinions does not mean that one is wrong, but when it seems to be based solely on ideological reasons and involves cherry picking facts and generally being uninformed on the issues involved, it does make it less than convincing... "Besides, all you're doing is backing up Krugman's bogus logic," There isn't anything bogus about his logic. It happens to be based on things that work. "I know that you tried to pull the "class struggle" card on me. Repeatedly." Like what, Tenchu? Things don't happen in a vacuum. When you look at the events and the mechanisms that drive them, what I have said is a reasonable conclusion. Wealth gives a lot of advantages. Boom/bust cycles only magnify them. This isn't an opinion, nor is it unique to me. These are, you know, actual facts. You should try them out some time. "Might want to stick to your point and leave it at that." A sure sign you have lost an argument is when your only hope is that your opponent just gives up... Tenchu, at the very least you should learn some history. By that, I mean real history about what actually happened instead of the bowlderized stuff you apparently are depending on. History is more than nice stories. If you learn things about it, you have a chance of avoiding the same mistakes over and over again. But, maybe your ideology is too important to you. Learning about history tends to make you question ideology.