I seem to remember in The West Wing Pres Bartlett said " I have heard that in politics it’s dog eats dog, but in economists’ circles it’s the other way around." Says it all, really.
Any economics plan that restricts free markets is redistributing wealth, and redistribution of wealth is theft no matter in which way the wealth is redistributed, unless those who earned the wealth are in voluntary agreement.
Flo is right about economics and delusional. Always remember that economics was invented to make (pre satellite and radar) weather forecasters look good. Also remember that banks acting on Robert Merton’s Nobel Prize winning theory of derivatives directly caused the 2008 Great recession. too bad they can’t take Nobels back.
For all those previous comments on economics on a previous post. Oklahoma City was facing financial problems, job loses, people leaving, businesses leaving or just closing, etc. The mayor (and others) proposed a revitalization plan for downtown and infrastructure updates. To do this they won approval for tax increases to cover the costs.
Take a look at how the city is doing now with multiple tax increases and public spending.
The former mayor is now running for Governor and tho not shouting about it, is promoting tax increases and public spending to get Oklahoma out of the pits. (that republican administrations put it in)
The trickle down theory didn’t work if you were waiting for somebody to hand it to you. On the other hand, if you have determined to improve your situation, you still can. Get to a computer, and cruise the net looking for ideas. If you are serious, you will find many things that can be started with almost nothing, and more than you think can be built to a 6 figure income.
This is how socialist (dimocrats) talk about communism and socialism. Just hasn’t been tried hard enough or long enough.The delusion here is that trickle down, somehow doesn’t work. That’s the natural state of almost any working economy.But, too complicated for leftist to grasp with this brain cell.
The economy did not go up because of Good financial planning it went up because we went deeper into debt going into debt putting money in your pocket doesn’t mean things are going in the right direction, delusional
Oh yeah, Canada is sapping thir recently added program of “guranteed income” as “unststainable”. Yet, for some people in the program, they can’t stop the payments. More proof that once you start something like that, you can never stop it (without stepping on some toes!)
It always baffled me that economists made a very good living by pretending to know how rich or poor the rest of us were going to be based of some magical mathematical formula.
Symbolically, the ole Capt.’s theory of trickle up lobster makes about as much sense as the current economic theories.
Dtroutma over 6 years ago
Ah, the punch line.
santa72404 over 6 years ago
Good thing the bears weren’t hungry, i’d hate to miss Captain Eddie’s tall tales.
Superfrog over 6 years ago
It’s not a theory, a system or a delusion. It’s an eddiefice.
keenanthelibrarian over 6 years ago
I seem to remember in The West Wing Pres Bartlett said " I have heard that in politics it’s dog eats dog, but in economists’ circles it’s the other way around." Says it all, really.
Masterskrain over 6 years ago
YAY!!! WILEY BEARS!!! YAY!!!
Lenavid over 6 years ago
Any economics plan that restricts free markets is redistributing wealth, and redistribution of wealth is theft no matter in which way the wealth is redistributed, unless those who earned the wealth are in voluntary agreement.
grocks over 6 years ago
LOL! I needed this.
Masterskrain over 6 years ago
Is Paulie actually trying for one of the fish in the 2nd. Mini-panel, or just waving hello??
PrairieDog37 over 6 years ago
Flo is right about economics and delusional. Always remember that economics was invented to make (pre satellite and radar) weather forecasters look good. Also remember that banks acting on Robert Merton’s Nobel Prize winning theory of derivatives directly caused the 2008 Great recession. too bad they can’t take Nobels back.
Frankfreak over 6 years ago
For all those previous comments on economics on a previous post. Oklahoma City was facing financial problems, job loses, people leaving, businesses leaving or just closing, etc. The mayor (and others) proposed a revitalization plan for downtown and infrastructure updates. To do this they won approval for tax increases to cover the costs.
Take a look at how the city is doing now with multiple tax increases and public spending.
The former mayor is now running for Governor and tho not shouting about it, is promoting tax increases and public spending to get Oklahoma out of the pits. (that republican administrations put it in)
fuzzbucket Premium Member over 6 years ago
The trickle down theory didn’t work if you were waiting for somebody to hand it to you. On the other hand, if you have determined to improve your situation, you still can. Get to a computer, and cruise the net looking for ideas. If you are serious, you will find many things that can be started with almost nothing, and more than you think can be built to a 6 figure income.
fuzzbucket Premium Member over 6 years ago
Research those ideas before you spend any money. Youtube has videos that will show you how to do almost anything.
GeorgeJohnson over 6 years ago
This is how socialist (dimocrats) talk about communism and socialism. Just hasn’t been tried hard enough or long enough.The delusion here is that trickle down, somehow doesn’t work. That’s the natural state of almost any working economy.But, too complicated for leftist to grasp with this brain cell.
rlaker22j over 6 years ago
The economy did not go up because of Good financial planning it went up because we went deeper into debt going into debt putting money in your pocket doesn’t mean things are going in the right direction, delusional
GeorgeJohnson over 6 years ago
Oh yeah, Canada is sapping thir recently added program of “guranteed income” as “unststainable”. Yet, for some people in the program, they can’t stop the payments. More proof that once you start something like that, you can never stop it (without stepping on some toes!)
Linguist over 6 years ago
It always baffled me that economists made a very good living by pretending to know how rich or poor the rest of us were going to be based of some magical mathematical formula.
Symbolically, the ole Capt.’s theory of trickle up lobster makes about as much sense as the current economic theories.
Rarely528 over 6 years ago
Every economic theory works perfectly until it doesn’t. Just ask the person who invented it. There is always an excuse for any failure.