WHAT GOOD ARE ECONOMISTS?
Samuelson: Economists Missed the Financial Crisis July 10.2009
Sooo after the democrat congress allowed millions of (year after year) subprime mortgages to be written (diversity/reverse discrimination bites back) for people (millions illegal!) who could never qualify traditionally, the congress allowed over 12 million illegals to milk America for fuel-social services, the congress passed major overspending bills for years, the democrats (secular socialists) gained power,
the new strident socialist president (he had a record) told voters for a year of his “redistribution-sharing plans”, our congress continued hiring (78,000 new gov-meant employees in 2009), the congress started meddling in big business, the congress defended Fannie-Freddie corruption, the congress made it plain high incomers were going to be hammered, the congress said harsh new eco-business laws were coming, the congress 4x the national debt, the congress borrowed a trillion to buy votes and called it a Stimulus and so on and so on…economists missed all that?
How blind, deaf and dumb to political impacts can modern American economists be?
Are these the same “experts” who are always “surprised”?
How is it about 80% of the time any jobs or inflation or whatever major stat appears….
you read “unexpected”, “above”, “more”, “below” and such?
Why is it the voices of conservatives screaming about the implications-reality of strident socialist policies are ignored…as in the days of Jimmah Carter? I will tell you. Its because liberals never ever accept the facts, the economic laws, human nature, the experience of other countries and simple history.
Economists and younger voters fall for the old democrat socialist Oz land policy speeches that failed before and will fail again.
Now the push for nationalized health care by a congress that cannot reform or refuses to reform (in 40 years) the fraud-efficiency-stupidity of Medicare. Go figure that.
How many huge federal programs must fail (and spend 3-7x whatever the “selling price” was) does it take?
The next natural historic democrat phase (as I mentioned all of 2009) will be the TAX U phase. They always spend us into deep debt then hammer our wallets to pay later. The gov-meant keeps hiring while the socialist Party keeps promising, keeps lying, keeps blame shifting and keeps taxing
J. Carter Obama is back. Plan accordingly.
http://conservablogs.com/theconservativecrawfish
Talk Politics!
Anything politics you can discuss here.
This is a PUBLIC group. As long as talk doesn't get too out of hand it will remain a public group, so come join if you like talking about Politics!