400 Economists, including 5 Nobel laureates, endorse Romney

[MagnusTheBrewer]

I disagree, I can understand why someone would trust a poor politician or a poor banker, that just means they're probably honest. To be a poor economist means you're making mistakes with your money.

Or, they could be poor and lack the ability to bullshit investors to follow their advice. That doesn't seem to fit anyone on PJABBER's list. You seem to think that personal fortune lends credence to professional ability, how's that again?

 

[blankslate]

Can you help a poor fellow poster find that independent "Economists for Obama" group? Could ya? Pretty please.

wouldn't a truly indepent economic group only advance the economic theory that they think would best help the current economy?

I want to say that pithy remarks should be beneath you...

 

[PJABBER]

Wonders how long self important OP will go on making a fool of himself... The spiral downward continues quite laughably... This only gets better folks. We've seen how this plays out before! Can't wait until the next disappearing act, see ya errrr not after November! Come back in '16. Pft.

We are Anonymous.
Anonymous is legion.
Anonymous does not forgive, Anonymous does not forget.
Anonymous can be horrible, senseless, uncaring monster.
Anonymous is still able to deliver.

 

[PJABBER]

wouldn't a truly indepent economic group only advance the economic theory that they think would best help the current economy?

Give that man a ceeeeegar!

I want to say that pithy remarks should be beneath you...

I wouldn't.

 

[blankslate]

Give that man a ceeeeegar!

Instead they advocate a candidate. I don't much consider them independent anymore...

I wouldn't.

Good to know since you like to post links that show things takens way out of context.

 

[monovillage]

Or, they could be poor and lack the ability to bullshit investors to follow their advice. That doesn't seem to fit anyone on PJABBER's list. You seem to think that personal fortune lends credence to professional ability, how's that again?

For an economist, yes.

http://www.louisjordan.com/lyrics/IfYouSoSmart.aspx?l=1/

 

[MrColin]

I generally lean left, mostly because I don't see the benefit of slaughtering peasants half way around the world but this looks promising. I'm glad you shared.

I'm not entirely convinced this plan actually exists though, has Romney published this plan somewhere?

NM, I sifted through the partisan bickering and found your link.

 

[Jhhnn]

Can you help a poor fellow poster find that independent "Economists for Obama" group?

Could ya?

Pretty please.

What difference would it make?

There's this-

http://econ4obama.blogspot.com/2008/09/66-of-economists-are-economists-for.html

Wait, I know- Romney's Plan isn't the same economic drivel as McCain's plan, right? Of course not - it's worse.

 

[cybrsage]

It is good to know economists like the plan Romney has put forth. I hope that, if Obama wins, he can swallow his HUGE pride and use it, since hundreds of economists think it is good.

 

[MagnusTheBrewer]

For an economist, yes.

http://www.louisjordan.com/lyrics/IfYouSoSmart.aspx?l=1/

And people wonder how we got into our current financial crisis.

 

[mshan]

Former CEO of BB&T Bank on George "Nero" Bush and the Financial Panic of 2008:

--> http://video.cnbc.com/gallery/?video=3000060287 (start around 10:15 mark; John Allison, the commentator, was former chairman of BB&T, and most definitely not a fan of Obama)


Former chairman of Wells Fargo has also said the sudden plunge in stock market and near Depression that financial panic caused, should have never happened.


And listen to what John Chambers (CEO of CISCO) just said: http://www.nbr.com/videos/video/1787546268001#.UC_uNKP-mSo (start around 3:24 mark). His comments about just wanting predictability (what are the rules of the road, irrespective of who is president, etc.) is a sentiment I see echoed often on tv by CEOs who are discussing their businesses, not expressing a personal political opinion. I would guess that the repatriating overseas profits at lower tax rate is just being held up temporarily as a bargaining chip in upcoming debate over comprehensive reform of corporate tax code.

 

[MooseNSquirrel]

Ah PJ, context context context. Data data data.

“What I put out in my plan was a series of principles that allow our economy to grow and at the same time maintain a neutral budget impact,” Romney said on CNBC.

“So I haven’t laid out all of the details about how we’re going to deal with each deduction, so I think it’s kind of interesting for the groups to try and score it, because frankly it can’t be scored, because those kinds of details will have to be worked out with Congress, and we have a wide array of options.”

http://thehill.com/blogs/on-the-mon...-plan-cant-be-scored-because-it-lacks-details

http://www.thefiscaltimes.com/Artic...s-Plan-Gets-Hammered-by-Economists.aspx#page1

http://www.americanprogressaction.org/issues/2012/07/romney_economic_plan.html

http://taxpolicycenter.org/taxtopics/romney-plan.cfm

http://nymag.com/daily/intel/2012/08/romney-tax-promises-mathematically-impossible.html

Supply Side economics, the theory Romney dareth not speaketh, yet obviously relies on.

 

[First]

Obama's going to win; get over it.

 

[Conscript]

Obama's going to win; get over it.

That is like linking this forum to back up a statement

 

[nyker96]

awesome, that list of pro-Republican policy economists probably will happily endorse George W. Bush's economic policies. does these endorsements translate into actual result?

I think, the problem with hands off approach to the market is that the market only works when people are all making the best decisions for their own economic benefit. The problem is that people tend to be emotional, illogical, uninformed at times. This is how the whole subprime thing got out of hand. Businesses start to make self destructive decisions because (1) they are NOT completely rational (2) they DONT understood the risks perfectly (3) sometimes emotions gets best of their judgement. In reality humans cannot conform to the ideals that would make a perfect free market work. Thus, there has to be some restrictions imposed on businesses to avoid such catastrophe. Of course this shouldn't be over done, that would stifle innovations in the market.

 

[First]

That is like linking this forum to back up a statement

Linking to national polls and statistical analysis is like linking to ATPN?

 

[berzerker60]

I disagree, I can understand why someone would trust a poor politician or a poor banker, that just means they're probably honest. To be a poor economist means you're making mistakes with your money.

I don't think you understand what an economist is. Economists aren't accountants or investment advisers. Economists are academics who study economic models. That's not exactly a guarantee of wealth.

 

[Lemon law]

To me its like a no brainer, ( don't quote me out of context ) everyone, including me can find something to like about the Romney economic plan.

But But But, the problem and dilemma becomes, everyone, including me can find something to hate in the Romney economic plan.

As Romney, the incredible plastic man, has been on both sides of every issue.

Will the real Mitt Romney please stand up?

Or a better question may be, is there a real non-fictional Mitt Romney to find with a core position or principle we can rely on?

 

[Lemon law]

Can you help a poor fellow poster find that independent "Economists for Obama" group?

Could ya?

Pretty please.

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Oh ye of little patence PJABBER, now when 3% of all economists came out as endorsing Romney, it can't be long before the 97% of all economists will probable respond and endorse Obama.

But while you are doing your research on the those other 400 non-noble prize winning economists, Please and pretty please PJABBER, can you tell us if Mr. Laffer signed on?

For those of you who don't remember the Laffer curve, it it was Mr. Laffer and his famious
Laffer curve that won a ignoble prize during the Reagan administration. It only took Mr. Laffer some 20 plus years to come out of the closet and admit his theory was wrong wrong wrong.

 

[Hayabusa Rider]

None of this matters. We have two choices and both have no idea what we need and consequently propose non-solutions. It's just a matter of who sucks less. Obama is either psychologically tied to The Party Line of programs as solutions or not all that bright. Romney wants no strings attached to tax relief when it's self evident that THE motivation of corporations is not to the benefit of the citizen at large but to maximize profits. Since no one has bothered to increase boardroom accountability or tackle outsourcing it will free up money to send to cheap labor overseas. The later is crony capitalism and the former clueless. But thats what we asked for, a duopoly of long outdated policies and greed with a huge helping of hubris.

 

[cybrsage]

To me its like a no brainer, ( don't quote me out of context ) everyone, including me can find something to like about the Romney economic plan.

But But But, the problem and dilemma becomes, everyone, including me can find something to hate in the Romney economic plan.

As Romney, the incredible plastic man, has been on both sides of every issue.

This is called compromise. The lack of it is by both the dems and the reps is why we have so many problems.

 

[Jhhnn]

This is called compromise. The lack of it is by both the dems and the reps is why we have so many problems.

Flip flopping for votes isn't compromise, it's pandering.

Who is it that Mitt's compromising with, other than himself?

 

[a777pilot]

How can they endorse Romney's plan when Mitt won't give any details?

I thought he had a 59 point plan.

 

[berzerker60]

I thought he had a 59 point plan.

The number of points isn't as relevant when some of them say things like "to be paid for by reducing tax loopholes," but without saying which tax loopholes.

 

[thraashman]

This is called compromise. The lack of it is by both the dems and the reps is why we have so many problems.

While both sides do it, it's been more than a bit worse from the Republicans for the last few years. There's been more than a few reports and statements that the Reps absolutely refuse to compromise in any way.