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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on August 02, 2009, 08:16:07 AM

Title: Broken Window Theory of Economics (For those of you still dont get it)
Post by: Soul Crusher on August 02, 2009, 08:16:07 AM
This video is well worth the 20 minutes if you want to understand basic economics. 

Title: Re: Broken Window Theory of Economics (For those of you still dont get it)
Post by: Fury on August 02, 2009, 08:35:39 AM
It's funny that you're talking about understanding economics when you have a hard time grasping one of the simplest and earliest taught concepts in that it takes a minimum of 6 to 18 months to see any effects of monetary or fiscal policy changes. Maybe you should pick up an economics textbook instead of watching youtube videos?
Title: Re: Broken Window Theory of Economics (For those of you still dont get it)
Post by: Soul Crusher on August 02, 2009, 08:48:30 AM
It's funny that you're talking about understanding economics when you have a hard time grasping one of the simplest and earliest taught concepts in that it takes a minimum of 6 to 18 months to see any effects of monetary or fiscal policy changes. Maybe you should pick up an economics textbook instead of watching youtube videos?

Attack the messenger fine, but you cant refute a thing from that video.  Not one.   

Why do you think little Timmy is saying we are going to need tax hikes on the middle class to bring down the deficit next year??? 

Because he knows that Carter-esqe inflation and interest rates are right around the corner for the massive monies that have been spent. 

Additionally, China is not going to finance our debt anymore because even they are shocked with the recklessness of this Admn.