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Krugman didn't win the nobel prize for anything related to this crisis, tax policy, etc. My specialization is in data mining, and I will be the first to inform you that I know very little (relatively speaking) on network theory. Economics doesn't have "jack of all trades".
You have also constantly mocked Krugman as an economist.
Yet you ran with an opinion piece from Joe Schmoe.
You have also constantly mocked Krugman as an economist.
Yet you ran with an opinion piece from Joe Schmoe.
Yep. And this is exactly why their comprehension abilities, or just the ability to see things in proper light, never ceases to amuse me.
They take a piece that helps promote their rhetoric and keep running around with it until they hit a wall. And then, they get up, start running again... well sometimes a few will learn, but then a few others would have taken their place.
This thread is an excellent example of the same. They either want to ignore the effects of a deep recession and what it does to wealth, or they know it but won't accept the realities in public, only to promote their agenda.
The US millionaire count shrunk by 28% in 2008. That is a reality beyond they don't want to talk about.
They take a piece that helps promote their rhetoric and keep running around with it until they hit a wall. And then, they get up, start running again... well sometimes a few will learn, but then a few others would have taken their place.
This thread is an excellent example of the same. They either want to ignore the effects of a deep recession and what it does to wealth, or they know it but won't accept the realities in public, only to promote their agenda.
LOL- You have to be kidding. Ok folks let us start posting links to all of the threads by the Liberal Democrats that are a prime example of the above statement. No Wait- that would be the longest Thread in the history of CD Forum.
Governor Martin O'Malley, a dedicated class warrior, declared that these richest 0.3% of filers were "willing and able to pay their fair share." The Baltimore Sun predicted the rich would "grin and bear it."
One year later, nobody's grinning. One-third of the millionaires have disappeared from Maryland tax rolls.
Taking with them approx $106 million in revenues for the state. The "rich" actually paid $100 million less in taxes.
Yeah its called a recession. People who were once millionaires kind of lost their money. Maybe a few of them moved, but even the article states that the decline in millionaire tax returns is largely the result of a slowing economy.
Just like to point out that one of the only intelligent/logical post in this thread was ignored in favor of confirmation bias.
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Millionaires Go Missing; This is what happens when politicians target the "rich"
