lostsheep
All jacked up on Mountain Dew!
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The good news is that American patriots still control 84% of the country. The bad news is that the leftist commie filth is fleeing their failed and crummy homelands in droves.
I have to believe that there was money passed under the table to a few folks.My biggest beef with economists is wondering WTH they were when we were allowing unions and government complicity to run up wages and cost of living way beyond the rest of the world. With all their "visionary" experience, where were the warnings that we weren't and couldn't be a closed system, and the difference did matter. I remember as a freshman in HS thinking how stupid the inflationary wage cycle was - like a pending breach in an earthen dam with respect to potential imports. Where were economists when we were doing critically dumb stuff like opening trade with China and setting up NAFTA; seems like Ross Perot was the only guy screaming about the stupidity. I don't know about you, but I don't remember any warnings from economists about being the guy with the highest manufacturing costs when you decide to be globalist. Where are they now with warnings that stock exchanges are derelict in their original concept and have become money pumps through boom and bust cycles for industrial investors to plumb and plunder? I'm guessing they are at a loss to explain the widening gap between haves and have nots, too.
My biggest beef with economists is wondering WTH they were when we were allowing unions and government complicity to run up wages and cost of living way beyond the rest of the world. With all their "visionary" experience, where were the warnings that we weren't and couldn't be a closed system, and the difference did matter. I remember as a freshman in HS thinking how stupid the inflationary wage cycle was - like a pending breach in an earthen dam with respect to potential imports. Where were economists when we were doing critically dumb stuff like opening trade with China and setting up NAFTA; seems like Ross Perot was the only guy screaming about the stupidity. I don't know about you, but I don't remember any warnings from economists about being the guy with the highest manufacturing costs when you decide to be globalist. Where are they now with warnings that stock exchanges are derelict in their original concept and have become money pumps through boom and bust cycles for industrial investors to plumb and plunder? I'm guessing they are at a loss to explain the widening gap between haves and have nots, too.
Thanks for the insight, '72. However, my point is that compared to the other 50 in the union, Tennessee wouldn't rank very high on "sophistication."
Thanks for the insight, '72. However, my point is that compared to the other 50 in the union, Tennessee wouldn't rank very high on "sophistication."
Depends on how you measure, and I was being sarcastic knowing how most people measure "sophistication". However, I tend to believe while a guy on a farm may not see much value in the arts, he probably has a pretty decent handle on self sufficiency and moral/ethical behavior ... the things that put food on the table vs the things that don't.
I don't doubt that at all...I don't think sophistication is synonymous with self-sufficiency or necessarily moral/ethical behavior. I also don't think sophistication means seeing "value in the arts."Depends on how you measure, and I was being sarcastic knowing how most people measure "sophistication". However, I tend to believe while a guy on a farm may not see much value in the arts, he probably has a pretty decent handle on self sufficiency and moral/ethical behavior ... the things that put food on the table vs the things that don't.
You can't possibly overvalue knowing the difference between Manet and Monet.Depends on how you measure, and I was being sarcastic knowing how most people measure "sophistication". However, I tend to believe while a guy on a farm may not see much value in the arts, he probably has a pretty decent handle on self sufficiency and moral/ethical behavior ... the things that put food on the table vs the things that don't.
The same thing can be said for science as well. Anyway, people love to bash liberal arts but I'm not sure it's always warranted.
Like I said, it's like the weather. Very few absolutes. I didn't make a career of Economics.That's the reason I refer to economics as pseudoscience. In most of science things are related more in fact and can be related mathematically with significant precision - physics can be a little rough around the edges when traversing from the classical to the quantum. However, when you get right down to it, economics is all about expectations - how people or markets are expected to behave. Worst we have a bad habit of expecting other people to behave as we behave, and with Asian cultures that's certainly not the case.
"Damn, Team Trump sucks." -- Alumni of the Columbia University Football Teams, 1983-1988.
"Damn, Team Trump sucks." -- Alumni of the Columbia University Football Teams, 1983-1988.
That's the reason I refer to economics as pseudoscience. In most of science things are related more in fact and can be related mathematically with significant precision - physics can be a little rough around the edges when traversing from the classical to the quantum. However, when you get right down to it, economics is all about expectations - how people or markets are expected to behave. Worst we have a bad habit of expecting other people to behave as we behave, and with Asian cultures that's certainly not the case.
I never bothered to see how many hours are required for a degree in economics, but I probably covered most of them. Engineers are required to take a certain number of nontechnical electives (not a trivial number), and business courses wouldn't count as nontechnical electives but economics would, so that's were all my nontechnical electives went. I can't say that economics really impressed me in any way, but those were certainly easier classes than engineering ... and an easy A. So, yeah, I have a fair understanding of economics (maybe a graduate level course or two while working on my MS), and honestly once you've studied real courses on system dynamics, feedback and controls, thermodynamics, and some other things that deal with how systems interact - transformation and losses, you realize how shallow economic theory is.
There are good points in this, but it is not just a problem on the Right. If Steve would be honest, there are proto-fascist elements on both extremes of the political spectrum today. This is true of many hardcore conservatives/Red Hats just as much as it is true for hardcore DSA/Rose Twitter types on the Left. Both elements are still a minority, but they are loud as hell and driving policy discussions as well as primary elections. I'm afraid it is a problem that will not be going away any time soon.“The die is cast for the Republican Party. It will be destroyed on January 6th in much the same way the Whig party was destroyed by the passage of the Kansas-Nebraska Act in 1854. The act unraveled the Missouri compromise and allowed for the westward expansion of slavery. The party could not survive its factionalism. There could be no more accommodation, compromise and partnership between pro-slavery and anti-slavery Whigs. A new political party was born, the Republican Party. That party will divide into irreconcilable factions on January 6th.
The 6th will commence a political civil war inside the GOP. The autocratic side will roll over the pro-democracy remnant of the GOP like the Wehrmacht did the Belgian Army in 1940. The ‘22 GOP primary season will be a blood letting. The 6th will be a loyalty test. The purge will follow.
Does anybody doubt the outcome of the @IvankaTrump vs. @marcorubio primary in Florida? Anyone willing to make a bet on @robportman? It turns out JFK was right. The problem of trying to ride the tiger is the likelihood of winding up inside the tiger.
The poisonous fruit from four years of collaboration and complicity with Trump’s insanity, illiberalism and incompetence are ready for harvest. It will kill the GOP because it’s Pro Democracy faction and Autocratic factions can no more exist together then could the Whig Party hold together the abolitionist with the Slave master. It won’t happen over night but the destination is clear. The Conservative party in America is dead. It may continue to bear the name “Republican” but it will be no such thing.
Fascism has indeed come to America and as was once predicted: It is wrapped in the flag and carrying a cross. This movement must be defeated. It cannot be appeased, accommodated or negotiated with. It must be recognized for what it is and we must all recognize the new age of American politics it has wrought. It has reset the debate entirely.
There are only two sides in American politics now. There is the American side and the Autocratic side. May God help us all if we falter, flag or fail in defense of American democracy.”
Steve Schmidt
The Lincoln Project