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


To: bentway who wrote (794607)7/10/2014 3:24:59 PM
From: combjelly  Respond to of 1579785
 
The proper way to criticize the conclusion is to find fault in his methodology. Given that I doubt i-node even read the column, that won't be forthcoming.



To: bentway who wrote (794607)7/10/2014 5:53:09 PM
From: Tenchusatsu1 Recommendation

Recommended By
i-node

  Read Replies (1) | Respond to of 1579785
 
Bentway, I can dismantle David Johnston's argument very easily, and I'm not an "economist."

He uses the peak of the 2000 dot-com bubble as a reference point. He then assumes that the bubble could have been sustained and justifies that assumption by using a George W. Bush quote taken out-of-context.

The truth is that the dot-com bubble was never sustainable. The Bush tax cuts were not meant to return us to those levels, but to help us recover from the bust that followed.

Tenchusatsu