Author Topic: A peek into an alternate reality  (Read 2469 times)

Benny B

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A peek into an alternate reality
« on: May 16, 2012, 08:05:06 AM »
A peek into an alternate reality
By Steve Benen
 
Wed May 16, 2012 9:23 AM EDT



Romney's magic act in Iowa yesterday.

Mitt Romney delivered a curious speech in Iowa yesterday, presenting his thoughts on the budget deficit, the debt and debt reduction, which is worth reading if you missed it. We often talk about the problem of the left and right working from entirely different sets of facts, and how the discourse breaks down when there's no shared foundation of reality, and the Republican's remarks offered a timely peek into an alternate reality where facts have no meaning.

Even the topic itself is a strange choice for Romney. If the former governor is elected, he'll inherit a $1 trillion deficit and a $15 debt, which he'll respond to by approving massive new tax cuts and increasing Pentagon spending. How will he pay for this? No one has the foggiest idea.

In other words, the guy who intends to add trillions to the debt gave a speech yesterday on the dangers of adding trillions to the debt.


More importantly, though, Romney presented a vision of the last few years that bears absolutely no resemblance to reality at any level. Jon Chait had a good piece on the remarks.

    Mitt Romney delivered a speech today about the budget deficit. It’s hard to wrap your arms around Romney’s argument, because it’s an amalgamation of free-floating conservative rage and anxiety, completely untethered to any facts, as agreed upon by the relevant experts.

    In the real world, the following things are true: The budget deficit was projected to top $1 trillion even before President Obama took office, and that was when forecasters were still radically underestimating the depth of the 2008 crash. Obama did propose temporary deficit-increasing measures, an economic approach endorsed in its general contours, if not its particulars, by Romney’s economists. These measures contributed a relatively small proportion to the deficit, and their effect is short-lived. Obama instead focused on longer-term measures to reduce the deficit, including comprehensive health-care reform projected to reduce deficits by a trillion dollars in its second decade. Obama put forward a budget plan that would stabilize the debt as a percentage of the economy. Obama has hoped to achieve deeper long-term deficit reduction by striking bipartisan deals with Congress, and he has tried to achieve this goal by openly endorsing a bipartisan deficit plan in the Senate and privately agreeing to a more conservative plan with John Boehner, both of which were killed by Republican opposition to any higher revenue.

    The story told by Romney is one in which all of these things are either untrue or could not possibly be true.


I don't think Mitt Romney is stupid. I do think Romney is operating from the assumption that voters are stupid.

In Romney's speech, the deficit is responsible for a tepid economic recovery. That doesn't make any sense -- and I suspect the former governor knows that -- but he's counting on you not knowing the difference. What's more, he's avoiding interviews with journalists who might ask him to explain why on earth such arguments should be taken seriously.

In Romney's speech, the deficit can be dramatically reduced magically, even while cutting taxes on the wealthy and increasing spending on defense. How? Apparently, we're not supposed to ask.


In Romney's speech, "spending" has created a "financial crisis" (that's gibberish). In Romney's speech, the size of government has exploded to new heights (the opposite is true). In Romney's speech, the deficit is growing (it's actually shrinking). In Romney's speech, President Obama doesn't care about fiscal responsibility (Obama offered Republicans an overly-generous $4 trillion debt-reduction package, which the GOP rejected). In Romney's speech, Bush-era policies have absolutely nothing to do with Obama-era deficits (ahem).

In Romney's speech, everything we know about the Recovery Act should be replaced with talking points that don't make sense.

Watching the Republican's remarks, I was annoyed by the breathtaking dishonesty, but I was also struck by something that seemed rather new to me: Romney's immaturity. His arguments weren't just wrong; they were silly. If the political discourse were in any way grounded in fact, this was the kind of speech that would laugh Romney off the national stage, with sensible people agreeing that the guy just isn't ready for the big kids' table. Grown-ups don't feel the need to create fantasy lands where their wishes are true.

The speech seemed like it had been written by a high-school student who's preoccupied with Rush Limbaugh's radio show and assorted right-wing Twitter feeds. I couldn't take Romney seriously yesterday because Romney no longer cares enough to take himself seriously.

We got a peek into an alternate reality yesterday, and it appears that Romney Land is a deeply foolish place.
                                          
   

Hi, PEA BRAIN!  :)
Romney is the foil.      Anyone not seeing that is delusional.  Romney s a piece of shit.
Because they know Romney is a time bomb waiting to blow that will give Obama a second term on a platter. 


I fucking hate romney.
 
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Wolfsanglerune

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Re: A peek into an alternate reality
« Reply #1 on: May 16, 2012, 08:13:33 AM »
i dont agree with much you write benny.but this is spot on.this guy is a almost a GW level idiot.

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Re: A peek into an alternate reality
« Reply #2 on: May 16, 2012, 08:32:22 AM »
Well there are still some countries you did not attack yet...I mean countries with petrol resources  :P
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Re: A peek into an alternate reality
« Reply #3 on: May 16, 2012, 08:47:05 AM »
To me it seems like that if Romney gets elected, it'll only be because the american people wants to get rid of Obama. There's just something off about Romney. Either way, looks like this election will be all about Obama as well, as Mitt doesn't have a personality to save his life.
from incomplete data

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Re: A peek into an alternate reality
« Reply #4 on: May 16, 2012, 08:54:29 AM »
Here's some reality...hahahaha! Benny pwned again!


Mitt Romney has moved out to an eight-point lead over President Obama in North Carolina after the two men were virtually tied a month ago.

The latest Rasmussen Reports telephone survey of Likely Voters in the Tar Heel State shows the putative Republican nominee earning 51% of the vote to Obama’s 43%. Two percent (2%) like some other candidate, and four percent (4%) are undecided. (To see survey question wording, click here.)

That’s a big change from last month when Romney posted a narrow 46% to 44% lead over the president in Rasmussen Reports’ first survey of the race in North Carolina.  Democrats have signaled North Carolina’s importance as a key swing state by deciding to hold their national convention in Charlotte this summer.

Romney has held a slight lead over the president nationally for over a week now in the daily Presidential Tracking Poll following the release of a disappointing jobs report for April.

Voters nationally regard the economy as far and away the most  important issue in the upcoming election, and just 11% of North Carolina voters now describe the U.S. economy as good or excellent. Forty-seven percent (47%) rate it as poor. Thirty-one percent (31%) say the economy is getting better, but 41% think it is getting worse.

The president leads overwhelmingly among those who give the economy positive marks, while Romney is far ahead among the much larger group that views the economy as poor.

Eighty-eight percent (88%) of North Carolina Republicans now support Romney, compared to 76% of Democrats in the state who back Obama. Nearly one-in-five North Carolina Democrats (18%) now favor the Republican. The GOP challenger holds a modest 49% to 45% lead among voters not affiliated with either party, but the two men were tied with 38% support each among this group a month ago.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 500 Likely Voters in North Carolina was conducted on May 14, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Last week, 61% of North Carolina voters last week approved a constitutional amendment defining marriage as between only a man and a woman. The next night, Obama became the first U.S. president to publicly endorse gay marriage. At the same time, North Carolina’s Democratic Party is embroiled in a divisive leadership spat.

Obama edged Republican John McCain 50% to 49% in the 2008 election to become the first Democrat to carry North Carolina since Jimmy Carter in 1976. Now 46% approve of the job Obama is doing as president, while 54% disapprove. The latter finding is up four points from a month ago. The new numbers include 28% who Strongly Approve of the president’s job performance and 45% who Strongly Disapprove.

Fifty-four percent (54%) of voters in the state share a favorable opinion of Romney, including 23% who regard him Very Favorably. The former Massachusetts governor is seen unfavorably by 43%, with 23% who hold a Very Unfavorable view of him. This marks an increase of several points in both his Very Favorables and Very Unfavorables from last month.

Just 22% of Tar Heel voters think the federal government has the constitutional authority to force everyone in the country to buy or obtain health insurance, a central element of the president’s national health care plan. Forty-three percent (43%) at least somewhat favor a law that includes such a mandate, while 53% are at least somewhat opposed. This includes 19% who Strongly Favor the law and 38% who Strongly Oppose it.

Obama earns 75% support from those who Strongly Favor such a law. Ninety percent (90%) of those who Strongly Oppose it prefer Romney.

Fifty-two percent (52%) of all North Carolina voters would like to see the U.S. Supreme Court overturn the national health care law, while 35% would rather see the high court uphold the legality of the measure. Forty-eight percent (48%) believe the court will overturn the law, but 32% think it will be upheld. Those numbers are similar to the national average.

In combined polling of the key swing states of Florida, North Carolina, Ohio and Virginia, Obama holds a slight edge over Romney.  The president also leads Romney in Nevada,  Ohio, Wisconsin, California  and New Mexico.  He is nearly tied with his GOP challenger in Florida, Virginia and Pennsylvania but trails him in Missouri, Montana, Arizona and Nebraska.

http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/north_carolina/election_2012_north_carolina_president

MCWAY

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Re: A peek into an alternate reality
« Reply #5 on: May 16, 2012, 12:00:49 PM »
Here's some reality...hahahaha! Benny pwned again!


Mitt Romney has moved out to an eight-point lead over President Obama in North Carolina after the two men were virtually tied a month ago.

The latest Rasmussen Reports telephone survey of Likely Voters in the Tar Heel State shows the putative Republican nominee earning 51% of the vote to Obama’s 43%. Two percent (2%) like some other candidate, and four percent (4%) are undecided. (To see survey question wording, click here.)

That’s a big change from last month when Romney posted a narrow 46% to 44% lead over the president in Rasmussen Reports’ first survey of the race in North Carolina.  Democrats have signaled North Carolina’s importance as a key swing state by deciding to hold their national convention in Charlotte this summer.

Romney has held a slight lead over the president nationally for over a week now in the daily Presidential Tracking Poll following the release of a disappointing jobs report for April.

Voters nationally regard the economy as far and away the most  important issue in the upcoming election, and just 11% of North Carolina voters now describe the U.S. economy as good or excellent. Forty-seven percent (47%) rate it as poor. Thirty-one percent (31%) say the economy is getting better, but 41% think it is getting worse.

The president leads overwhelmingly among those who give the economy positive marks, while Romney is far ahead among the much larger group that views the economy as poor.

Eighty-eight percent (88%) of North Carolina Republicans now support Romney, compared to 76% of Democrats in the state who back Obama. Nearly one-in-five North Carolina Democrats (18%) now favor the Republican. The GOP challenger holds a modest 49% to 45% lead among voters not affiliated with either party, but the two men were tied with 38% support each among this group a month ago.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 500 Likely Voters in North Carolina was conducted on May 14, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Last week, 61% of North Carolina voters last week approved a constitutional amendment defining marriage as between only a man and a woman. The next night, Obama became the first U.S. president to publicly endorse gay marriage. At the same time, North Carolina’s Democratic Party is embroiled in a divisive leadership spat.

Obama edged Republican John McCain 50% to 49% in the 2008 election to become the first Democrat to carry North Carolina since Jimmy Carter in 1976. Now 46% approve of the job Obama is doing as president, while 54% disapprove. The latter finding is up four points from a month ago. The new numbers include 28% who Strongly Approve of the president’s job performance and 45% who Strongly Disapprove.

Fifty-four percent (54%) of voters in the state share a favorable opinion of Romney, including 23% who regard him Very Favorably. The former Massachusetts governor is seen unfavorably by 43%, with 23% who hold a Very Unfavorable view of him. This marks an increase of several points in both his Very Favorables and Very Unfavorables from last month.

Just 22% of Tar Heel voters think the federal government has the constitutional authority to force everyone in the country to buy or obtain health insurance, a central element of the president’s national health care plan. Forty-three percent (43%) at least somewhat favor a law that includes such a mandate, while 53% are at least somewhat opposed. This includes 19% who Strongly Favor the law and 38% who Strongly Oppose it.

Obama earns 75% support from those who Strongly Favor such a law. Ninety percent (90%) of those who Strongly Oppose it prefer Romney.

Fifty-two percent (52%) of all North Carolina voters would like to see the U.S. Supreme Court overturn the national health care law, while 35% would rather see the high court uphold the legality of the measure. Forty-eight percent (48%) believe the court will overturn the law, but 32% think it will be upheld. Those numbers are similar to the national average.

In combined polling of the key swing states of Florida, North Carolina, Ohio and Virginia, Obama holds a slight edge over Romney.  The president also leads Romney in Nevada,  Ohio, Wisconsin, California  and New Mexico.  He is nearly tied with his GOP challenger in Florida, Virginia and Pennsylvania but trails him in Missouri, Montana, Arizona and Nebraska.

http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/north_carolina/election_2012_north_carolina_president

Notice that Benny has been AWFULLY QUIET about Obama's gay-pandering, due in part because he's strapped for cash. As I posted on the Politics thread (where Benny lacks the sack to actually post stuff like this), Obama's big-money donors, as of March, is LESS THAN QUARTER of those  George Bush had in 2004.

Is it any wonder he's bending over for the gay vote?

mass243

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Re: A peek into an alternate reality
« Reply #6 on: May 16, 2012, 12:07:55 PM »
Well there are still some countries you did not attack yet...I mean countries with petrol resources  :P


Hell yea !!

George Whorewell

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Re: A peek into an alternate reality
« Reply #7 on: May 16, 2012, 05:43:50 PM »
Benny= Still steamed over Romneys promise to end foodstamp and banana subsidies for orangutans

MCWAY

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Re: A peek into an alternate reality
« Reply #8 on: May 16, 2012, 05:47:31 PM »
Benny= Still steamed over Romneys promise to end foodstamp and banana subsidies for orangutans

He's really going to be steamed in about six months, if this keeps up.


whork

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Re: A peek into an alternate reality
« Reply #9 on: May 17, 2012, 03:57:40 AM »
A peek into an alternate reality
By Steve Benen
 
Wed May 16, 2012 9:23 AM EDT



Romney's magic act in Iowa yesterday.

Mitt Romney delivered a curious speech in Iowa yesterday, presenting his thoughts on the budget deficit, the debt and debt reduction, which is worth reading if you missed it. We often talk about the problem of the left and right working from entirely different sets of facts, and how the discourse breaks down when there's no shared foundation of reality, and the Republican's remarks offered a timely peek into an alternate reality where facts have no meaning.

Even the topic itself is a strange choice for Romney. If the former governor is elected, he'll inherit a $1 trillion deficit and a $15 debt, which he'll respond to by approving massive new tax cuts and increasing Pentagon spending. How will he pay for this? No one has the foggiest idea.

In other words, the guy who intends to add trillions to the debt gave a speech yesterday on the dangers of adding trillions to the debt.


More importantly, though, Romney presented a vision of the last few years that bears absolutely no resemblance to reality at any level. Jon Chait had a good piece on the remarks.

    Mitt Romney delivered a speech today about the budget deficit. It’s hard to wrap your arms around Romney’s argument, because it’s an amalgamation of free-floating conservative rage and anxiety, completely untethered to any facts, as agreed upon by the relevant experts.

    In the real world, the following things are true: The budget deficit was projected to top $1 trillion even before President Obama took office, and that was when forecasters were still radically underestimating the depth of the 2008 crash. Obama did propose temporary deficit-increasing measures, an economic approach endorsed in its general contours, if not its particulars, by Romney’s economists. These measures contributed a relatively small proportion to the deficit, and their effect is short-lived. Obama instead focused on longer-term measures to reduce the deficit, including comprehensive health-care reform projected to reduce deficits by a trillion dollars in its second decade. Obama put forward a budget plan that would stabilize the debt as a percentage of the economy. Obama has hoped to achieve deeper long-term deficit reduction by striking bipartisan deals with Congress, and he has tried to achieve this goal by openly endorsing a bipartisan deficit plan in the Senate and privately agreeing to a more conservative plan with John Boehner, both of which were killed by Republican opposition to any higher revenue.

    The story told by Romney is one in which all of these things are either untrue or could not possibly be true.


I don't think Mitt Romney is stupid. I do think Romney is operating from the assumption that voters are stupid.

In Romney's speech, the deficit is responsible for a tepid economic recovery. That doesn't make any sense -- and I suspect the former governor knows that -- but he's counting on you not knowing the difference. What's more, he's avoiding interviews with journalists who might ask him to explain why on earth such arguments should be taken seriously.

In Romney's speech, the deficit can be dramatically reduced magically, even while cutting taxes on the wealthy and increasing spending on defense. How? Apparently, we're not supposed to ask.


In Romney's speech, "spending" has created a "financial crisis" (that's gibberish). In Romney's speech, the size of government has exploded to new heights (the opposite is true). In Romney's speech, the deficit is growing (it's actually shrinking). In Romney's speech, President Obama doesn't care about fiscal responsibility (Obama offered Republicans an overly-generous $4 trillion debt-reduction package, which the GOP rejected). In Romney's speech, Bush-era policies have absolutely nothing to do with Obama-era deficits (ahem).

In Romney's speech, everything we know about the Recovery Act should be replaced with talking points that don't make sense.

Watching the Republican's remarks, I was annoyed by the breathtaking dishonesty, but I was also struck by something that seemed rather new to me: Romney's immaturity. His arguments weren't just wrong; they were silly. If the political discourse were in any way grounded in fact, this was the kind of speech that would laugh Romney off the national stage, with sensible people agreeing that the guy just isn't ready for the big kids' table. Grown-ups don't feel the need to create fantasy lands where their wishes are true.

The speech seemed like it had been written by a high-school student who's preoccupied with Rush Limbaugh's radio show and assorted right-wing Twitter feeds. I couldn't take Romney seriously yesterday because Romney no longer cares enough to take himself seriously.

We got a peek into an alternate reality yesterday, and it appears that Romney Land is a deeply foolish place.
                                          
   

Hi, PEA BRAIN!  :)
Good post
Romney is a joke

240 is Back

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Re: A peek into an alternate reality
« Reply #10 on: May 17, 2012, 05:03:51 AM »
It is undeniable that approving massive new tax cuts and increasing Pentagon spending WILL result in that 15 trillion deficit going UP and not down.

Mitt is doing what every other politician does... it'll be more of the same under him. 

Coach is Back!

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Re: A peek into an alternate reality
« Reply #11 on: May 17, 2012, 09:26:03 AM »
Good post
Romney is a joke

You're another reppingfor20, JTsunami gimmick arn't you? He's the only one who says "good post" after Benny cut and pastes his BS. Hi JT.

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Re: A peek into an alternate reality
« Reply #12 on: May 17, 2012, 09:29:08 AM »
It is undeniable that approving massive new tax cuts and increasing Pentagon spending WILL result in that 15 trillion deficit going UP and not down.


What if the tax cuts have a positive impact on job creation.  Would it still be undeniable?
Y

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Re: A peek into an alternate reality
« Reply #13 on: May 17, 2012, 09:33:28 AM »
What if the tax cuts have a positive impact on job creation.  Would it still be undeniable?

Do you think they will?

Because I dont.   I see wealthy ppl using the bush tax cut $ to invest in mnfg overseas, or buy foreign currency or precious metals.  That's what is happening with the bush (and now obama) tax cuts.   Do you think giving them another 3% will result in them suddenly reversing course and trends?  Or just another pile of $ to buy gold and put another Apple plant in CHina?

See, I support CONDITIONAL tax cuts - reimbursning 100% of anything you invest DOMESTICALLY!   But these firms have been shipping resources and opportunie overseas for the last 12 years - and I don't see that changing cause they have a little extra cash. 

The trend is the trend.  They should ONLY get the break if they plan ton invest IN THE USA.

howardroark

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Re: A peek into an alternate reality
« Reply #14 on: May 19, 2012, 10:43:17 PM »
In Romney's speech, the deficit is responsible for a tepid economic recovery. That doesn't make any sense

Maybe it doesn't make sense to the author who apparently has absolutely no understanding of economics. But it does make sense to many economists coming from different theoretical viewpoints. See: Ricardian equivalence, policy ineffectiveness proposition, Say's law.

Here is a paper written by Harvard economist Jeffrey Miron about why Obama's fiscal stimulus was a bad idea.

Quote
In Romney's speech, "spending" has created a "financial crisis" (that's gibberish). In Romney's speech, the size of government has exploded to new heights (the opposite is true).



Quote
In Romney's speech, the deficit is growing (it's actually shrinking).

Here is the average surplus as a percentage of GDP of the last few Presidents:


As you see, Obama fares the worst - meaning that he's the biggest deficit spender in US history.

Quote
In Romney's speech, President Obama doesn't care about fiscal responsibility (Obama offered Republicans an overly-generous $4 trillion debt-reduction package, which the GOP rejected).

Obama's proposed budget plan literally never balances the budget. The Establishment GOP alternative (Paul Ryan) isn't much better - but it does *eventually* balance the budget. However, Tea Party Republicans have rallied around Rand Paul's plan to balance the budget in five years. How's that for fiscal responsibility.

howardroark

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Re: A peek into an alternate reality
« Reply #15 on: May 19, 2012, 10:45:45 PM »
Do you think they will?

Because I dont.   I see wealthy ppl using the bush tax cut $ to invest in mnfg overseas, or buy foreign currency or precious metals.  That's what is happening with the bush (and now obama) tax cuts.   Do you think giving them another 3% will result in them suddenly reversing course and trends?  Or just another pile of $ to buy gold and put another Apple plant in CHina?

See, I support CONDITIONAL tax cuts - reimbursning 100% of anything you invest DOMESTICALLY!   But these firms have been shipping resources and opportunie overseas for the last 12 years - and I don't see that changing cause they have a little extra cash. 

The trend is the trend.  They should ONLY get the break if they plan ton invest IN THE USA.

Question: What happens when you tax overseas investment at a higher rate?

Answer: US businesses lose their competitiveness versus the lower-taxed foreign businesses, profits stop flowing into the United States, and tax revenues (in the US) shrink.

P.S. The capital gains from precious metals and currency trading are also taxed.

syntaxmachine

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Re: A peek into an alternate reality
« Reply #16 on: May 20, 2012, 07:34:39 PM »
I don't know who this author is, nor do I particularly care (I do know that he doesn't seem very smart). He is plainly wrong in saying that Romney has no plan (credible or otherwise) to reduce deficits and that he expects us "not to ask." Romney has an 85+ page document detailing his planned fiscal and monetary policies from day one. It's true that deficit reduction on his plan is to some extent predicated upon projected growth as a result of tax cuts, reduced spending, and "streamlined" regulation which may or may not materialize.

Regardless of whether the plan is sound or not, it exists and therefore it just isn't the case that Romney is pledging to increased spending across the board and hopes deficits "magically" reduce themselves. This author and anyone who takes him seriously (including Benny B, apparently) need to be vetted with an IQ test before they consider evaluating politics any further.

Hugo Chavez

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Re: A peek into an alternate reality
« Reply #17 on: May 20, 2012, 08:20:02 PM »
holy shit!!!! :o  A thread 3333 won't post in :D

Hugo Chavez

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Re: A peek into an alternate reality
« Reply #18 on: May 21, 2012, 04:08:40 AM »
 ;D

whork

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Re: A peek into an alternate reality
« Reply #19 on: May 21, 2012, 05:02:28 AM »
holy shit!!!! :o  A thread 3333 won't post in :D

Dont worry his Coach gimmick have posted

Benny B

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Re: A peek into an alternate reality
« Reply #20 on: May 22, 2012, 05:05:34 PM »
Maybe it doesn't make sense to the author who apparently has absolutely no understanding of economics.

So...you have the unmitigated temerity to publicly state that a tenured Princeton University professor with a NOBEL PRIZE IN ECONOMICS has "absolutely no understanding of economics"?  ???

Delete your account and then KILL YOURSELF.
!

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Re: A peek into an alternate reality
« Reply #21 on: May 22, 2012, 05:30:19 PM »
 :) :)



Lol!!!!!!  Krugmanb is a joke like obama.   Space alien invasion anyone? 



So...you have the unmitigated temerity to publicly state that a tenured Princeton University professor with a NOBEL PRIZE IN ECONOMICS has "absolutely no understanding of economics"?  ???

Delete your account and then KILL YOURSELF.

howardroark

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Re: A peek into an alternate reality
« Reply #22 on: May 24, 2012, 08:20:04 AM »
So...you have the unmitigated temerity to publicly state that a tenured Princeton University professor with a NOBEL PRIZE IN ECONOMICS has "absolutely no understanding of economics"?  ???

Delete your account and then KILL YOURSELF.

Hey fuckhead, Krugman didn't write this article, did he? So you're already talking out of your ass.

Irregardless, Krugman received his Nobel Prize on research he has done on INTERNATIONAL TRADE, not MACROECONOMICS, dipshit. You know who has received a Nobel Prize for research into macroeconomics and business cycles? FA Hayek - someone who believed in cutting spending and taxes as well as the elimination of central banking.

Scorecard:
howardroark - 2
benny b - 0

Soul Crusher

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Re: A peek into an alternate reality
« Reply #23 on: May 24, 2012, 08:23:44 AM »
Hey fuckhead, Krugman didn't write this article, did he? So you're already talking out of your ass.

Irregardless, Krugman received his Nobel Prize on research he has done on INTERNATIONAL TRADE, not MACROECONOMICS, dipshit. You know who has received a Nobel Prize for research into macroeconomics and business cycles? FA Hayek - someone who believed in cutting spending and taxes as well as the elimination of central banking.

Scorecard:
howardroark - 2
benny b - 0

Arafat, Obama, and Al Gore also got nobels.   Not the prize it used to be. 

howardroark

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Re: A peek into an alternate reality
« Reply #24 on: May 24, 2012, 08:26:51 AM »
Arafat, Obama, and Al Gore also got nobels.   Not the prize it used to be. 

True - it's mostly bullshit now. But the Nobel Prize for economics still has some legitimacy, even if Krugman got his for something he did roughly two decades ago. At least Krugman's insights into international trade were good (I know it's hard to believe). Probably has something to do with the fact that those insights were made before he turned into a whore for the Democratic Party.