The Bankruptcy Boys

The committee has changed since it awarded Friedman. This is like saying college campuses aren't subject to liberal ideation from professors because a zillion years ago there were many conservative professors. It wasn't as politically motivated in 1976 as it is today. It isn't that hard to figure out when AlGore wins because of a bad powerpoint presentation...

It's silly to pretend that the body is the same now as it was in 1976.


Apparently, you don't realize that the Prize in Economics and the Peace Prize are awarded by two separate and distinct bodies.

Do have anything to base your opinion that the Prize in Economics is awarded based on political ideology other than the fact that a different body awarded a different award to a liberal person in the recent past?
 
Apparently, you don't realize that the Prize in Economics and the Peace Prize are awarded by two separate and distinct bodies.

Do have anything to base your opinion that the Prize in Economics is awarded based on political ideology other than the fact that a different body awarded a different award to a liberal person in the recent past?
And so is tenure at the campuses, but that doesn't change the result. Do you have anything other than this to refute my opinion that the Nobel Prizes have become a politicized award or are you objecting to my opinion that college campuses are, by and large, run by liberals?

Either way it doesn't matter. The Nobel Prize lost its luster long before it was awarded to Gore, but that pretty much was the felling blow.
 
http://en.wikipedia.org/wiki/Edward_C._Prescott

This right-wing nutjob won it just a few years back. Damo makes an ass of himself once again.
From your link:

In January 2009 Prescott, along with more than 250 other economists and professors,[4] signed an open letter to President Barack Obama opposing the passage of the American Recovery and Reinvestment Act. The letter was sponsored by libertarian think tank, the Cato Institute...

Yeah that really makes him a "nut-job".
 
Reagan's term had mediocore growth rates that mostly only even existed just because of the massive deficit spending he was pumping into the economy. Clinton had the longest period of growth in modern US history, and his growth rates were actually decent.

If he's a believer in "reagonomics" he'd be laughed out of any modern economic school. There have been no economic policies more thoroughly discredited in history than the Reagan disaster.

what did clinton change? specifics. exactly what did clinton change from reagonomics? and how did this change cause the longest period of growth in modern us history?
 
what did clinton change? specifics. exactly what did clinton change from reagonomics? and how did this change cause the longest period of growth in modern us history?

"'Just say no' drug policy" became "it's just a blow job swallow me". :palm:
 
Clinton kept most of Reagan's economic policies including advisers like Greenspan. He was smart enough to let the market handle the economy and let the Reagan boom continue; again, and as you just admitted, for the longest period of economic growth in modern US history.
and Reagan kept most of Carter's policies including Voelker's. He was stupid enough to cut taxes just as the economy was recovering and sent us back into recession, he then turned things around by doing what Voelker advised him to do, raise taxes. Which he did.
 
Who were you fondling? :)
This little 5' hottie with a bubble butt....way cuter than Monica....which is completely beside the point.

Facts are. The largest peace time economic increase in US History occurred under LBJ and, in fact, the economy grew further under Clinton then Reagan. Where do you guys keep digging up these mythologies about Reagan? I mean Reagan was a good guy and all but what's up with canoniizing him with all this mythology?

I mean if your a hard core conservative ideologue I guess he's your man (to state the obvious), fact is, at virtually any level you wish to compare them, Reagan wasn't Eisenhower's boot lace. (Oh and by the way....the largest peace time increase in the economy occurred under Johnson, not Reagan, Reagan was #3).
 
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and Reagan kept most of Carter's policies including Voelker's. He was stupid enough to cut taxes just as the economy was recovering and sent us back into recession, he then turned things around by doing what Voelker advised him to do, raise taxes. Which he did.
Reagan net policies reduced the tax burden substantially. Although it created a deficit short term it did exactly as predicted within a few short years: grew the economy and along with that, tax revenues. :palm:
 
This little 5' hottie with a bubble butt....way cuter than Monica....which is completely beside the point.

Facts are. The largest peace time economic increase in US History occurred under LBJ and, in fact, the economy grew further under Clinton then Reagan. Where do you guys keep digging up these mythologies about Reagan? I mean Reagan was a good guy and all but what's up with canoniizing him with all this mythology?

I mean if your a hard core conservative ideologue I guess he's your man (to state the obvious), fact is, at virtually any level you wish to compare them, Reagan wasn't Eisenhower's boot lace. (Oh and by the way....the largest peace time increase in the economy occurred under Johnson, not Reagan, Reagan was #3).
Post 27. Your bullshit has already been addressed.
 
Not bullshit. It's hard cold fact son.

Oh and by the way....in the last 60 years their have been 9 US Presidents elected. Obama's been in office for one year so it's not fair to compare him yet. Of the remaining 8 whom were elected two, LBJ and Clinton grew the economy larger then any Republican President. Reagan grew the economy only slighter larger then Clinton. All the rest of the Republican Presidents grew the economy as a significantly lower rates then Carter. Bush 1, W and Ike performed the worst.

Annualized Percent Change in Real GDP

LBJ - 3.48%
Clinton - 2.49%
Reagan - 2.45%
Carter - 2.14%
Nixon/Ford - 1.7%
W - 1.53%
Ike - 1.11%
Bush 1 - 0.93%
 
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Not bullshit. It's hard cold fact son.

Oh and by the way....in the last 60 years their have been 9 US Presidents elected. Obama's been in office for one year so it's not fair to compare him yet. Of the remaining 8 whom were elected two, LBJ and Clinton grew the economy larger then any Republican President. Reagan grew the economy only slighter larger then Clinton. All the rest of the Republican Presidents grew the economy as a significantly lower rates then Carter. Bush 1, W and Ike performed the worst.

Annualized Percent Change in Real GDP

LBJ - 3.48%
Clinton - 2.49%
Reagan - 2.45%
Carter - 2.14%
Nixon/Ford - 1.7%
W - 1.53%
Ike - 1.11%
Bush 1 - 0.93%

You dummy, Bush 41 and Clinton simply extended Reagan's policies, therefore Reagan is responsible for 5.92%, according to your chart. And LBJ put into practice JFK's, which was to cut taxes. :palm:
 
Those were the economic growth figures. Let's see who created the most debt of the last 8 Presidents elected.

Annualized reduction in real debt per capita

Clinton - -2.10%
Ike - -1.86%
Nixon/Ford -0.91%
Carter - 0.85%
LBJ/JFK - -0.66%
W - + 2.15%
Bush 1 - +4.02%
Reagan - +7.86%

So Reagan, Bush 1 and W grew the national debt more then all the other US Presidents COMBINED!

So much for the Reagan mythologies.
 
You dummy, Bush 41 and Clinton simply extended Reagan's policies, therefore Reagan is responsible for 5.92%, according to your chart. And LBJ put into practice JFK's, which was to cut taxes. :palm:
Pretty fuzzy logic not to mention impossible math. Clinton virtually stopped Reagan's policy from day 1 of his presidency. You're just plain factually wrong there. But go ahead...believe your mythologies. He's your hero not mine.

I mean you can have Reagan....I still say he wasn't Ike's boot lace.

and I think any attempt to compare them is just laughable!
 
Those were the economic growth figures. Let's see who created the most debt of the last 8 Presidents elected.

Annualized reduction in real debt per capita

Clinton - -2.10%
Ike - -1.86%
Nixon/Ford -0.91%
Carter - 0.85%
LBJ/JFK - -0.66%
W - + 2.15%
Bush 1 - +4.02%
Reagan - +7.86%

So Reagan, Bush 1 and W grew the national debt more then all the other US Presidents COMBINED!

So much for the Reagan mythologies.

No one ever said Reagan didn't grow the deficit. Years of the 'Rat's neglecting the military had to be paid for.

Where is The One on your chart? :pke:
 
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