Cynthia Tucker writes Dumbest Article Ever

#228
#228
BigPapaVol said:
Presumably, you have no idea of an answer to the question, so this is the result.

Show me any single dot com bubble burst that didn't lead to recession and when you're finished, show me a real estate devaluation that didn't cream an economy. What a cool game.
Click to expand...

That's a pretty lame diversion. Not too many dot com bursts, but I think there have been a few societies with high income disparities. Even so your "point" is still nonsensical of course bubbles bursting leads to recessions. Are you saying of course large income disparities do as well?
 
#231
#231
Ed12111 said:
That's a pretty lame diversion. Not too many dot com bursts, but I think there have been a few societies with high income disparities. Even so your "point" is still nonsensical of course bubbles bursting leads to recessions. Are you saying of course large income disparities do as well?
Click to expand...

The point is that you didn't answer the question as to the linkage from income disparity to recession / depression / lost economies / deflation / implosion.

Bubbles bursting leading to recession doesn't seem to fit the model you've proffered in this thread thus far. Your entire bent has been a lefty approach to economics and finger pointing, rather than ever even remotely trying to put a finger on the actual issues.
 
#232
#232
BigPapaVol said:
or that pesky little industrial revolution.
Click to expand...

Now I know you guys are talking out your asses. Income disparity in the 1980's and 1990's was nothing close to what it is today. And the industrial revolution? You are aware that the high income disparity after the industrial revolution helped lead to the great depression.
 
#234
#234
droski said:
what? are you implying ford and rockefeller kept their ill gotten gains taken off the backs of the working class, yet the economy still prospered? never.
Click to expand...

all that prosperity induced the Great Depression. Higher taxes would have helped avoid the entire ordeal.

Additionally, that pesky little Gilded Age destroyed us for WWII. Our technological ineptitude destroyed us. We never had a chance. Higher taxes would have changed all that.
 
#236
#236
Ed12111 said:
Now I know you guys are talking out your asses. Income disparity in the 1980's and 1990's was nothing close to what it is today. And the industrial revolution? You are aware that the high income disparity after the industrial revolution helped lead to the great depression.
Click to expand...

Of course it did. Absolutely. Now, if you'll just walk me through the linkage, we'll all understand.

In the midst of the coming twisted drivel, maybe you'll gather that it was mentioned with a purpose.
 
#238
#238
BigPapaVol said:
The point is that you didn't answer the question as to the linkage from income disparity to recession / depression / lost economies / deflation / implosion.

Bubbles bursting leading to recession doesn't seem to fit the model you've proffered in this thread thus far. Your entire bent has been a lefty approach to economics and finger pointing, rather than ever even remotely trying to put a finger on the actual issues.
Click to expand...

The hell are you babbling about. Perhaps if you didn't look at anything other than the gubbmint always is responsible for all my problems as "lefty" you'd have a better grasp. Nowhere in this thread have I said the real estate bubble bursting or the financial industry's downfall led to the recession. This entire argument has been about what led to those events taking place.
 
#240
#240
BigPapaVol said:
Of course it did. Absolutely. Now, if you'll just walk me through the linkage, we'll all understand.

In the midst of the coming twisted drivel, maybe you'll gather that it was mentioned with a purpose.
Click to expand...

I'll try to make sense of that. Linkage to what? You want linkage to the wealth gap in the country?
 
#241
#241
Ed12111 said:
The hell are you babbling about. Perhaps if you didn't look at anything other than the gubbmint always is responsible for all my problems as "lefty" you'd have a better grasp. Nowhere in this thread have I said the real estate bubble bursting or the financial industry's downfall led to the recession. This entire argument has been about what led to those events taking place.
Click to expand...

bubbles have been bursting for all of human eternity. and clearly people buying homes they couldn't afford had nothing to do with the real estate collapse.
 
#243
#243
droski said:
he still hasn't explained WHY income disparities hurt the economy. you'd think he'd explain it to us simple people.
Click to expand...

I explained it like 5 pages ago. Really, you should be able to use your brain to figure it out though. No one absolutely nobody who isn't from some extreme libertarian Ayn Randian philosophy would ever even bother to argue that a huge income disparity was bad for the economy. This is a bit like asking me to explain why prices go up when demand increases.
 
#244
#244
Ed12111 said:
The hell are you babbling about. Perhaps if you didn't look at anything other than the gubbmint always is responsible for all my problems as "lefty" you'd have a better grasp. Nowhere in this thread have I said the real estate bubble bursting or the financial industry's downfall led to the recession. This entire argument has been about what led to those events taking place.
Click to expand...

This is probably your worst effort and that's saying something given the string of very poor ones.

I haven't one time in my life believed in the government as a solution to anything, especially economics. Never, ever, ever. Hence, your second sentence was simply nonsensical.

Your claim as to what led to the burst was lefty election rhetoric, but had nothing to do with actual economics. Your point regarding tax cuts and income disparity, that you can't even remotely begin to tie to the recession was just wrong.
 
#245
#245
droski said:
bubbles have been bursting for all of human eternity. and clearly people buying homes they couldn't afford had nothing to do with the real estate collapse.
Click to expand...

Rather than some knee jerk response you get fed from your Arthur Laffer types. Why don't you actually look up the amount of foreclosures on homes and then try and see how that amount could cause any serious damage to the economy.
 
#246
#246
Ed12111 said:
I explained it like 5 pages ago. Really, you should be able to use your brain to figure it out though. No one absolutely nobody who isn't from some extreme libertarian Ayn Randian philosophy would ever even bother to argue that a huge income disparity was bad for the economy. This is a bit like asking me to explain why prices go up when demand increases.
Click to expand...

You haven't explained anything. If you did, I missed it. Several solidly educated people have asked you to show off that incredible diploma of yours by helping us understand.
 
#247
#247
BigPapaVol said:
This is probably your worst effort and that's saying something given the string of very poor ones.

I haven't one time in my life believed in the government as a solution to anything, especially economics. Never, ever, ever. Hence, your second sentence was simply nonsensical.

Your claim as to what led to the burst was lefty election rhetoric, but had nothing to do with actual economics. Your point regarding tax cuts and income disparity, that you can't even remotely begin to tie to the recession was just wrong.
Click to expand...

Your reading comprehension is so so poor.
 
#248
#248
Ed12111 said:
I explained it like 5 pages ago. Really, you should be able to use your brain to figure it out though. No one absolutely nobody who isn't from some extreme libertarian Ayn Randian philosophy would ever even bother to argue that a huge income disparity was bad for the economy. This is a bit like asking me to explain why prices go up when demand increases.
Click to expand...

you didn't explain anything. in no way does your brother getting richer hurt you and hurt the economy. that makes zero economic sense whatsoever.
 
#249
#249
Ed12111 said:
Rather than some knee jerk response you get fed from your Arthur Laffer types. Why don't you actually look up the amount of foreclosures on homes and then try and see how that amount could cause any serious damage to the economy.
Click to expand...

you aren't seriously arguing that millions of foreclosures wouldn't significantly hurt the economy are you? please give me a SINGLE example in world history where foreclosures haven't effected the broader economy.
 
#250
#250
Ed12111 said:
Rather than some knee jerk response you get fed from your Arthur Laffer types. Why don't you actually look up the amount of foreclosures on homes and then try and see how that amount could cause any serious damage to the economy.
Click to expand...

Whoa, this is a departure from simply pointing out the reasons for the collapse. Maybe you don't realize, but you just moved to the aftermath. I'm not sure if you've noticed, but most are aware that the RE bubble burst. Most are aware that that has been devastating to the economy. You have, in a very twisted way, try to pin said burst on income disparity and tax increases. That was dead wrong, so you've now gone to a circular argument in trying to use the outcome to explain the instigator. Awesome.
 
New posts
You must log in or register to reply here.

VN Store



Back
Top