Originally posted by: BBond
Originally posted by: Genx87
Originally posted by: BBond
Originally posted by: Genx87
Krugman is still pissed his side lost the cold war.
A typically ignorant statement. At least your consistent.
lmao
now that is funny!
When you can't argue the facts resort to playing grammar policeman.
Krugman is Yale/MIT. He taught at Yale, MIT, and Stanford. At MIT he became the Ford International Professor of Economics. He is currently professor of Economics and International Affairs at Princeton University.
Originally posted by: BBond
Originally posted by: dahunan
$400,000,000,000 stolen in just the 5 1/2 years he has been in Office
not to mention the $15,000,000,000 taken away from financially challenged citizens who want to get A LOAN to go to school.. while in the same month he GAVE the Oil Industry a $15,000,000,000 tax break
bush's priorities are quite clear. I just can't understand how people can still be tricked into denying the obvious.
Originally posted by: BBond
Originally posted by: BaliBabyDoc
Originally posted by: BBond
Originally posted by: Genx87
Originally posted by: BBond
Originally posted by: Genx87
Krugman is still pissed his side lost the cold war.
A typically ignorant statement. At least your consistent.
lmao
now that is funny!
When you can't argue the facts resort to playing grammar policeman.
Some people have weak minds and weak constitutions. Better to stick with the status quo than admit your position is both idiotic and immoral.
Seems to be a LOT of that going around...
Originally posted by: alchemize
Likely a reflection that the "top 1%" are the majority shareholders in large corporations, and therefore increased profits = increased riches. Capital gains are only realized upon transacting shares. That's not the only method that the "top 1%" pay themselves (increased dividend payments, re-financing debt and rolling back $$, etc.)
I'd be interested if he'd do this analysis say during the downswing of 2000, very likely you'd see the reverse (the top 1% going down in net worth, but the bottom 99% with the standard small % gain). Of course, that would require him to be an economist and not a partisan hack.
Krugman is Yale/MIT. He taught at Yale, MIT, and Stanford. At MIT he became the Ford International Professor of Economics. He is currently professor of Economics and International Affairs at Princeton University.
Partisan hack, huh?
:roll:
Where did YOU get YOUR degree in economics?
And how the hell can you still defend the embarassment in the White House whom you apparently love so dearly and still DARE to call ANYONE a partisan hack?
Columnist Biography: Paul Krugman
Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.
Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.
Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. In recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal, a prize given every two years to "that economist under forty who is adjudged to have made a significant contribution to economic knowledge." Mr. Krugman's current academic research is focused on economic and currency crises.
At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.
Originally posted by: martinez
Originally posted by: alchemize
Likely a reflection that the "top 1%" are the majority shareholders in large corporations, and therefore increased profits = increased riches. Capital gains are only realized upon transacting shares. That's not the only method that the "top 1%" pay themselves (increased dividend payments, re-financing debt and rolling back $$, etc.)
I'd be interested if he'd do this analysis say during the downswing of 2000, very likely you'd see the reverse (the top 1% going down in net worth, but the bottom 99% with the standard small % gain). Of course, that would require him to be an economist and not a partisan hack.
Yeah, cause when the stocks take a dive, your average Joe always gets a raise....ROFL.
Originally posted by: alchemize
Originally posted by: BBond
Originally posted by: BaliBabyDoc
Originally posted by: BBond
Originally posted by: Genx87
Originally posted by: BBond
Originally posted by: Genx87
Krugman is still pissed his side lost the cold war.
A typically ignorant statement. At least your consistent.
lmao
now that is funny!
When you can't argue the facts resort to playing grammar policeman.
Some people have weak minds and weak constitutions. Better to stick with the status quo than admit your position is both idiotic and immoral.
Seems to be a LOT of that going around...
Originally posted by: alchemize
Likely a reflection that the "top 1%" are the majority shareholders in large corporations, and therefore increased profits = increased riches. Capital gains are only realized upon transacting shares. That's not the only method that the "top 1%" pay themselves (increased dividend payments, re-financing debt and rolling back $$, etc.)
I'd be interested if he'd do this analysis say during the downswing of 2000, very likely you'd see the reverse (the top 1% going down in net worth, but the bottom 99% with the standard small % gain). Of course, that would require him to be an economist and not a partisan hack.
Krugman is Yale/MIT. He taught at Yale, MIT, and Stanford. At MIT he became the Ford International Professor of Economics. He is currently professor of Economics and International Affairs at Princeton University.
Partisan hack, huh?
:roll:
Where did YOU get YOUR degree in economics?
And how the hell can you still defend the embarassment in the White House whom you apparently love so dearly and still DARE to call ANYONE a partisan hack?
Columnist Biography: Paul Krugman
Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.
Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.
Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. In recognition of that work, in 1991 the American Economic Association awarded him its John Bates Clark medal, a prize given every two years to "that economist under forty who is adjudged to have made a significant contribution to economic knowledge." Mr. Krugman's current academic research is focused on economic and currency crises.
At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.
I don't have a degree in Economics. I have a degree in Finance/International Business and a Masters in Business Administration, which I think gives me some room to develop an intelligent opinion on economic theory. Your turn... (oh that's right you are some retired unskilled, uneducated leech)
But it's interesting that you ignore my thesis and latch onto the partisan hack comment. It's well established that Krugman is as left as they get, just like you. So it's no wonder that you're all in a tizzy that I point out his obvious bias. I'm sure both of you think you're both incredibly open-minded, as you wipe your drool off with your well-stained sleeve.
120 examples of partisan hackery by the esteemed Krugman
Hmm, what's the legislative agenda been as of late . . . gays and flag-burning are ruining America . . . yep mainstream alright.He seems draw comfort from the fact that in a parliamentary system, such as that in France, the fringe e.g., Jean-Marie Le Pen, never actually ?wins.? But in the U.S., to his horror, the right fringe, by focusing their anger, can take over an entire political party (the GOP) and actually come to power.
What delusional poppycock.
Hmm, curiously Bush's first appointee to the EPA left and wrote a book about her frustration at EPA and the Bush administration.Finally Krugman points out that many EPA staffers (Carol Browner era holdovers) are leaving in frustration. He sees this as evidence of demoralization in the EPA.
We say,
a) what would you expect?
and,
b) good riddance.
Again, it looks like Krugman isn't a way left of center radical. He just presents an inconvenient truth. Occasionally, even the delusioned (Bushistas) have a moment of clarity during which they feel the sting of reality.For instance, take the moment when President Bush reversed his campaign promise to regulate carbon-dioxide emissions and then asked her to take the heat. Or the moment when the president pulled out of Kyoto without agreeing to pursue a compromise, making her a laughingstock among environmental ministers worldwide. Or the moment when the White House refused to give her the authority to investigate the safety of the thousands of chemical facilities in America vulnerable to terrorist attack.
Or the pressures she felt from above to weaken the new-source review clause of the Clean Air Act: "People became focused on reforming NSR, with some intent on getting rid of it altogether. The vice president seemed particularly eager about the issue, and he called me on several occasions, even tracking me down when I was on vacation in Colorado, to press his view [on] NSR reform."
Most revealing of all, perhaps, is her description of her appointment to serve on the Dick Cheney's energy task force, "an eye-opening encounter with just how obsessed so many of those in the energy industry, and in the Republican Party, have become with doing away with environmental regulation."
Curious way to frame a discussion considering you followed it with a link to partisan hack commentary. Granted, it's not your list I only read 1-5 but given the tone it's hard to believe Weidner improves with practice.But it's interesting that you ignore my thesis and latch onto the partisan hack comment. It's well established that Krugman is as left as they get, just like you. So it's no wonder that you're all in a tizzy that I point out his obvious bias. I'm sure both of you think you're both incredibly open-minded, as you wipe your drool off with your well-stained sleeve.
So I read this I think, 'Krugman is either a genius prognosticator or the luckiest economist in the world!'His "even odds" economic growth rate of 3.5% (which he implies is barely adequate to stabilize employment) is in fact a fabulous growth rate. If the labor supply grows at 1% per annum then the implied growth rate in labor productivity must be 2.5% per annum. This is "golden age" stuff. The U.S. standard of living could double in something like 25 years. Why is he revealing this conversion (or is it a confession?) in such a ho-hum fashion?
Probably because it?s bad news for Krugman and the other class?warfare warriors in the Democratic Party. It?s tough to make political hay over "tax cuts for the rich" when most people are feeling richer every year. Likewise, scaring seniors over Social Security "cuts" is a hard sell when the CBO is projecting budget surpluses for as far as the eye can see. In fact, spinning this kind of growth into a Democratic issue of any sort will require some real ingenuity. But we suspect Krugman is up to the task.
Originally posted by: alchemize
Originally posted by: martinez
Originally posted by: alchemize
Likely a reflection that the "top 1%" are the majority shareholders in large corporations, and therefore increased profits = increased riches. Capital gains are only realized upon transacting shares. That's not the only method that the "top 1%" pay themselves (increased dividend payments, re-financing debt and rolling back $$, etc.)
I'd be interested if he'd do this analysis say during the downswing of 2000, very likely you'd see the reverse (the top 1% going down in net worth, but the bottom 99% with the standard small % gain). Of course, that would require him to be an economist and not a partisan hack.
Yeah, cause when the stocks take a dive, your average Joe always gets a raise....ROFL.
Instead of rolling on the floor drooling, why don't you attempt to prove me wrong? (because you can't)
During the 2000 recession, everyone's net worth went down. I think you meant to say that you think that the top 1% had their incomes drop relative to the bottom 99%. That is true.Originally posted by: alchemize
Likely a reflection that the "top 1%" are the majority shareholders in large corporations, and therefore increased profits = increased riches. Capital gains are only realized upon transacting shares. That's not the only method that the "top 1%" pay themselves (increased dividend payments, re-financing debt and rolling back $$, etc.)
I'd be interested if he'd do this analysis say during the downswing of 2000, very likely you'd see the reverse (the top 1% going down in net worth, but the bottom 99% with the standard small % gain). Of course, that would require him to be an economist and not a partisan hack.
Originally posted by: BBond
real median family income ? the purchasing power of the typical family ? actually fell.
Meanwhile, poverty increased, as did the number of Americans without health insurance.
That ain't from gas prices, bub.
That's the effects of the greed of a very few very rich Americans.
Originally posted by: alchemize
(oh that's right you are some retired unskilled, uneducated leech)
Originally posted by: dmcowen674
Originally posted by: BBond
real median family income ? the purchasing power of the typical family ? actually fell.
Meanwhile, poverty increased, as did the number of Americans without health insurance.
That ain't from gas prices, bub.
That's the effects of the greed of a very few very rich Americans.
The Republicans in here call that "Trickle Down Economics."
Yep, trickling down sh!t alright. :roll:
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Originally posted by: charrison
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Which will raise price and eventualy leave you right back where you started. It also will reduce job options for those at the low end as automation become cheap enough to replace low skill people.
Originally posted by: charrison
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Which will raise price and eventualy leave you right back where you started. It also will reduce job options for those at the low end as automation become cheap enough to replace low skill people.
Originally posted by: Pens1566
Originally posted by: charrison
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Which will raise price and eventualy leave you right back where you started. It also will reduce job options for those at the low end as automation become cheap enough to replace low skill people.
Because that's exactly what happened the last time it was bumped up??? :roll:
Originally posted by: charrison
Originally posted by: Pens1566
Originally posted by: Jaskalas
You cannot lift the wage earner by taking down the wage payer.
You can by increasing the minimum wage to something above the poverty level.
Which will raise price and eventualy leave you right back where you started.
