Gloom, Doom, or Boom? Finance and Economics
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Re: Gloom, Doom, or Boom? Finance and Economics
by AzariLoveIran » Wed Apr 20, 2011 2:16 pm
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AzariLoveIran - Posts: 5296
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Re: Gloom, Doom, or Boom? Finance and Economics
by AzariLoveIran » Wed Apr 20, 2011 3:05 pm
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AzariLoveIran - Posts: 5296
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Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Mon Apr 25, 2011 4:57 pm
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
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Colonel Sun - Posts: 6553
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Re: Gloom, Doom, or Boom? Finance and Economics
by Mr. Perfect » Tue Apr 26, 2011 12:53 am
Too riddled with factual error to be relevant.
The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests Patrick Henry
John Boner has brought change to America
John Boner has brought change to America
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Re: Gloom, Doom, or Boom? Finance and Economics
by Endovelico » Wed Apr 27, 2011 10:16 am
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Re: Gloom, Doom, or Boom? Finance and Economics
by monster_gardener » Wed Apr 27, 2011 11:45 am
For the love of G_d, may I consider I may be mistaken
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Thoughts on Hauser's Law
by avicenna » Thu Apr 28, 2011 5:18 am
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Re: Gloom, Doom, or Boom? Finance and Economics
by Ammianus » Thu Apr 28, 2011 6:29 am
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Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Thu Apr 28, 2011 7:02 am
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
-
Colonel Sun - Posts: 6553
- Joined: Thu Aug 19, 2010 5:38 am
Re: Thoughts on Hauser's Law
by AzariLoveIran » Thu Apr 28, 2011 6:59 pm
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AzariLoveIran - Posts: 5296
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Re: Gloom, Doom, or Boom? Finance and Economics
by avicenna » Fri Apr 29, 2011 5:46 am
Ammianus,
Thanks for the article. I like how Paul Krugman rolls his eyes at the claim that there has been a huge expansion in the federal government under Obama, calling it a "zombie claim," shortly before acknowledging that there has been a huge expansion in the federal government under Obama. It's always interesting to see how Krugman thinks.
Putting that aside, if federal spending as a percentage of GDP has increased vastly (to 23.6%) over the past few years due to various factors, but federal tax revenue as a percentage of GDP has declined sharply (to 16.28%) over the same period of time and, in any case, probably can't be pushed higher than 21% under any circumstances, then how can tax hikes, no matter how huge, possibly resolve this budget crisis?
AzariLoveIran,
Interesting perspective.
Thanks for the article. I like how Paul Krugman rolls his eyes at the claim that there has been a huge expansion in the federal government under Obama, calling it a "zombie claim," shortly before acknowledging that there has been a huge expansion in the federal government under Obama. It's always interesting to see how Krugman thinks.
Putting that aside, if federal spending as a percentage of GDP has increased vastly (to 23.6%) over the past few years due to various factors, but federal tax revenue as a percentage of GDP has declined sharply (to 16.28%) over the same period of time and, in any case, probably can't be pushed higher than 21% under any circumstances, then how can tax hikes, no matter how huge, possibly resolve this budget crisis?
AzariLoveIran,
Interesting perspective.
- avicenna
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Re: Thoughts on Hauser's Law
by Captain Murphy » Fri Apr 29, 2011 6:14 am
Do you want the moustache on or off?
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Decline and fall
by avicenna » Fri Apr 29, 2011 6:46 am
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Re: Gloom, Doom, or Boom? Finance and Economics
by Alph » Fri Apr 29, 2011 10:03 am
Avicenna,
Hauser's law is real. It varies by culture, however. Governments have to live within it, regardless of what they think their tax levels are going to be set at.
Hauser's law is real. It varies by culture, however. Governments have to live within it, regardless of what they think their tax levels are going to be set at.
Trends that can't continue, won't. But until then, they will.
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Re: Thoughts on Hauser's Law
by monster_gardener » Fri Apr 29, 2011 1:00 pm
For the love of G_d, may I consider I may be mistaken
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monster_gardener - Posts: 807
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Re: Thoughts on Hauser's Law
by AzariLoveIran » Fri Apr 29, 2011 2:29 pm
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AzariLoveIran - Posts: 5296
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Re: Gloom, Doom, or Boom? Finance and Economics
by avicenna » Fri Apr 29, 2011 6:22 pm
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Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Fri Apr 29, 2011 11:24 pm
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
-
Colonel Sun - Posts: 6553
- Joined: Thu Aug 19, 2010 5:38 am
Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Thu May 05, 2011 2:39 am
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
-
Colonel Sun - Posts: 6553
- Joined: Thu Aug 19, 2010 5:38 am
Re: Gloom, Doom, or Boom? Finance and Economics
by Caskhades » Thu May 05, 2011 12:32 pm
Wyrd bið ful aræd
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Re: Gloom, Doom, or Boom? Finance and Economics
by AzariLoveIran » Thu May 05, 2011 3:15 pm
Last edited by AzariLoveIran on Thu May 05, 2011 5:01 pm, edited 1 time in total.
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AzariLoveIran - Posts: 5296
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Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Thu May 05, 2011 4:09 pm
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
-
Colonel Sun - Posts: 6553
- Joined: Thu Aug 19, 2010 5:38 am
Re: Gloom, Doom, or Boom? Finance and Economics
by Colonel Sun » Thu May 05, 2011 4:12 pm
As pointed out many times, the challenge for China is to get rich before it gets old.
Some interesting observations about the Antipodes also.
Never criticize anyone until you've walked several kilometres in their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
Because
1. You're now several kilometres away; and
2. You've got their shoes.
-
Colonel Sun - Posts: 6553
- Joined: Thu Aug 19, 2010 5:38 am
Re: Gloom, Doom, or Boom? Finance and Economics
by Endovelico » Fri May 06, 2011 10:27 am
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Endovelico - Posts: 1309
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Re: Gloom, Doom, or Boom? Finance and Economics
by Torchwood » Fri May 06, 2011 1:13 pm
Pessimism is the soft option.
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