Jump to content

Bozo_Casanova

Legacy Members
  • Posts

    13311
  • Joined

  • Days Won

    6

Bozo_Casanova last won the day on November 24 2020

Bozo_Casanova had the most liked content!

Reputation

27091 Surly 1%

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Do you keep an infinity bottle?
  2. Good post- this was the point of my tongue in cheek Stephen McGee comparison upthread.
  3. George HW Bush. And they abandoned him for it.
  4. It’s hard to understand what you are saying when you’re still chewing the food you took from your kids’ mouths.
  5. Gonna be so much happening on on the first day @Anastasis set up a custom keyboard shortcut for "both sides."
  6. My new prediction is that yea he has fucked around and shall find out, verily
  7. My prediction is that Johnson loses the second round and Trump cuts him loose.
  8. He didn’t get dumber and they didn’t generally. They just retained a conservative political vocabulary even though their political tribe abandoned its conservative economic policy posture for this. So there’s a lot of cognitive dissonance there. It’s like you put Jay Gould’s brain in William Jennings Bryan’s mouth.
  9. Because you are a partisan Republican (like @Brisketexan was) you have been trained to believe that the causational relationship between fiscal stimulus via tax cuts and revenue recovery = eventual debt reduction. That’s political sleight of hand, not economic reality. Sure- and pay close attention here, because you seem to have missed a point I've been making for 22 years: we’re talking about specific, real-life events here, not hypothetical ones. Debt funded stimulus during expansion (2001, 2003, 2017) is stupid because organic growth is picking all the low hanging fruit, and stimulus is therefore inflationary. So in this scenario it’s because the cost of the debt that was incurred to stimulate the economy was higher than whatever additional revenue was generated through the stimulus. Oh, bless your heart.
  10. Gimme a buyers market and 5%, and inshallah, me with dry powder coming into the second half of the year. I bought my current home in 2009 and I want to run that play again.
  11. MAGA? There’s nothing new here. This has been orthodoxy since Reagan- debt funded fiscal stimulus via tax cuts regardless of whether it hurts or helps the economy. Volcker, Bush I and Clinton took us off that plan. Bush II put us back on it, permanently, with an unfortunate dagger 3 in 2010 on a turnover from Obama. 2017 was just running up the score in garbage time. The real irony is that these dudes have the stones to invoke Mises and Hayek when they do this shit despite being too Keynesian for Keynes.
  12. To be crystal clear about what saying- tax cuts funded by debt expansion (eg 2001, 2003, and 2017) are wealth transfers from “kids” to @Ag with kids.
  13. Because it’s a transfer from future to present and represents structural expansion of the deficit and the debt. Ands for your “both sides,” I should hope that I’ve made it clear over the last 23 years that I don’t care at all about any of that.
Ă—
Ă—
  • Create New...