Is this the beginning of fiscal responsibility

[[email protected]]

On 3/5/2013 2:28 PM, [email protected] wrote:> Well, they still use the roads but I was using a different definition

They also cause this sound:

Clip-clop, clip-clop, clip-clop, clip-clop, bang, bang, clip-clop,
clip-clop ...

Guess what that is.

A horse quickie?

 

[[email protected]]

"miso" is a pansy leftist, who takes not well to criticism, so he
indeed meant Arizona.  I'm glad I manage to keep him annoyed to the
point of irrationality >:-}

I know he meant Arizona. I was predicting the result.

Not that anyone would ever invade America--why bother? Just sneak in
and stay. Besides, there'd be a gun-control sign behind every blade
of grass.

Hey, what's with Brewer caving on Obamacaid?

 

[John Devereux]

Nope. GDP growth has been awful.


Suppose we burned down New York and rebuilt it. GDP would soar. But
New York's reconstruction wouldn't produce any sort of progress,
increased national wealth, or long-term employment. It re-allocates
the nation's energy to a non-productive purpose (i.e., artificially to
construction, instead of whatever else we could have produced.) And
it'd be rough on New York, too.

Dunno about that; seemed to work for the Germans and Japanese...

Deficit spending sucks money out of the economy producing short-term
unproductive activity (perversely credited to GDP), long-term
unemployment through dislocations/disrupting productive activity, and
long-term debt.

I seems amazing to me that this fundamental issue has not been
settled. (And no, you or others here simply asserting it does not make
it so).

 

[[email protected]]

Dunno about that; seemed to work for the Germans and Japanese...



I seems amazing to me that this fundamental issue has not been
settled. (And no, you or others here simply asserting it does not make
it so).

It /is/ amazing that it hasn't been resolved, despite being debated
for centuries.

It seems so obvious to me I find it hard to understand why people
would think otherwise. Anything the government dispenses, it has to
take from someone else (or even you).

Despite an infinite number of over-unity schemes devised to hide,
obscure, defer, or otherwise obfuscate the matter, none can get around
that fundamental truth--government doesn't have anything it hasn't
taken first.

So, to me it's QED right there.

Other people are equally convinced the gov't is a big bag of money,
handing out prosperity to everyone.

 

[[email protected]]

Even better, don't rebuild it.

But whaddabout Phil and George!?

 

[[email protected]]

On Tue, 5 Mar 2013 20:53:27 -0800 (PST),

Nah, yet another post from a wannabe sage who doesn't know that Shaker is the style of choice reproduced by Amish cottage industry. I mean, really, did you think they would be making Louis XV on the farm? That is rhetorical, don't answer, everyone has heard about enough from you.

Are you really competing for the AlwaysWrong award? With every
statement in error, you are certainly in the running!

 

[[email protected]]

Nope. GDP growth has been awful.


Suppose we burned down New York and rebuilt it. GDP would soar. But
New York's reconstruction wouldn't produce any sort of progress,
increased national wealth, or long-term employment. It re-allocates
the nation's energy to a non-productive purpose (i.e., artificially to
construction, instead of whatever else we could have produced.) And
it'd be rough on New York, too.


Deficit spending sucks money out of the economy producing short-term
unproductive activity (perversely credited to GDP), long-term
unemployment through dislocations/disrupting productive activity, and
long-term debt.

Borrow-and-spend is no different than tax-and-spend, in the end. Both
suck money out of the economy to unproductive ends.

 

[Spehro Pefhany]

Borrow-and-spend is no different than tax-and-spend, in the end. Both
suck money out of the economy to unproductive ends.

A bit different. Borrow and spend actions or promises can get a
politician elected or re-elected. Bread and circuses. Then when things
crash you can blame the vagaries of the free market and/or the last
guy.

 

[[email protected]]

Are you really competing for the AlwaysWrong award? With every

statement in error, you are certainly in the running!

All you know is cheap superficial pseudo-repartee, and from what we see of your technical abilities, cheap and superficial seems to permeate your entire existence.

 

[cameo]

Amish drive-by shooting.

Bingo!

 

[[email protected]]

Being born smart, and at the right place and time, is nothing that
anyone can take credit for. Of course, Jim does; he "deserved" all
that.

Maybe one can not take credit for being born smart, but not everyone
born smart puts in the effort needed to benefit from their
intelligence.


Dan

 

[[email protected]]

Maybe one can not take credit for being born smart, but not everyone
born smart puts in the effort needed to benefit from their
intelligence.

They weren't born with tenacity, then. Whatever you argue, the left
will always have a dumb answer.

 

[[email protected]]

A bit different. Borrow and spend actions or promises can get a
politician elected or re-elected. Bread and circuses. Then when things
crash you can blame the vagaries of the free market and/or the last
guy.

The end is the same; just a different faces.

 

[josephkk]

Dunno about that; seemed to work for the Germans and Japanese...

Hunh? I don't see where you get that one. Do explain, please.

?-)

 

[John Devereux]

Hunh? I don't see where you get that one. Do explain, please.

AIUI, the post-war industrial manufacturing economies of Germany and
Japan boomed, relative to the UK at least. There was speculation over
here that some of that was due to their industrial base having being
flattened, and then replaced with shiny new kit

At any rate they both did well, although Japan seems to have stagnated
in recent decades.

 

[josephkk]

Ah, but they did not provide their own kit, the US provided the latest kit
for them.

AIUI, the post-war industrial manufacturing economies of Germany and
Japan boomed, relative to the UK at least. There was speculation over
here that some of that was due to their industrial base having being
flattened, and then replaced with shiny new kit

At any rate they both did well, although Japan seems to have stagnated
in recent decades.

Two things then: They did not provide their own new kit, the USA did. The
UK was substantially intact and they chose to rebuild on their own, too
much with more old kit. See also France, Spain, and Italy. Different
paths taken, different results.

 

[John Devereux]

Ah, but they did not provide their own kit, the US provided the latest kit
for them.

Two things then: They did not provide their own new kit, the USA did. The
UK was substantially intact and they chose to rebuild on their own, too
much with more old kit. See also France, Spain, and Italy. Different
paths taken, different results.

Yes could be. Presumably the hypothetically flattened New York would be
reconstructed by Americans.

So, you agree with the idea that flattening New York in fact leads to a
more prosperous future!

Actually I suspect a national determination and "work ethic" had more to
do with it in reality, in the case of Germany and Japan.

 

[josephkk]

Yes could be. Presumably the hypothetically flattened New York would be
reconstructed by Americans.

So, you agree with the idea that flattening New York in fact leads to a
more prosperous future!

Not in the least. I'll thank you to no more put words in my mouth.

Actually I suspect a national determination and "work ethic" had more to
do with it in reality, in the case of Germany and Japan.

Maybe.

?-)

 

[[email protected]]

Not in the least.  I'll thank you to no more put words in my mouth.

Easy there...he's kidding (hence the smiley). We all know it
increases GDP--that's why GDP's a sad measure.

It makes sense that less-than-mortally-wounded cities will bounce back
vigorously, with the advantage (after rebuilding) of being
modernized. Their subsequent ascent might be steep.

Our economic cycles do that too, purging dot.coms, stimugreen dreams,
etc., putting their tasty test equipment on eBay (where it belongs).
But, wrecking your own good stuff usually isn't smart. E.g. cash-for-
clunkers, and other broken window schemes.

 

[John Devereux]

Easy there...he's kidding (hence the smiley).

Yes of course (and thank you)...