BoatShoes;1257816 wrote:Neat that you continue to play with the truth as much as Paul Ryan did last night.
1. Ryan IS as inexperienced as President Obama was. At least Paul Ryan is going for Veep instead of the top but he is inexperienced. BUT, you will give him a pass (despite constantly lamenting BHO's lack of experience) because he spews your pro-growth supply-side nonsense.
What bullshit. By definition, NO ONE but a POTUS up for re-election is experienced. And that's a stupid argument. Obama's lack of experience has to do with leadership and politics - umpteen years as a community organizer and 2 years in the Senate. Romney and Ryan both are far more accomplished and experience. That's not spin or a lie, it's absolute fact. Yeah, Obama has 3.5 years as POTUS...3.5 worthless, disastrous years.
BoatShoes;1257816 wrote:
2. "Ryan knows what he's talking about" is why you'll give him a pass for being an un-experienced Washington insider. Even though, he doesn't know what he's talking about. The guy has basically advocated returning to non-paper money which you yourself have ridiculed.
Again, Ryan is not inexperienced, ESPECIALLY when compared to Obama in 2008 and even now. You're continued effort to obfuscate the facts doesn't change that.
BoatShoes;1257816 wrote:
3. Keynesian economics isn't "failing all over the globe." The fact that you have said this multiple times is really something. .
It is absolutely. I'm not sure what the hell you're reading or what data you're looking at that says otherwise, but it's pretty clear to most people not named Krugman.
BoatShoes;1257816 wrote:
4. Ryan's budget IS deficit exploding...but all deficit spending is not equal;
No, Obama's "budget" (since we haven't had one) are deficit exploding. 20% of GDP does not go far enough, but I prefer not to bleed out while waiting for solutions. Apologies for cutting the rest of your nonsensical rant here, but it is humorous to see you defend Keynsian economics while railing on Ryan's budget as deficit exploding. Yes, not all deficit spending is create equal. What we've gotten from Obama has equaled pretty much nothing. I've tried to explain to you that you are confusing the effects of capital markets and general economic growth with "austrian" measures. Canada did it successfully. Rarely in business or anywhere does throwing money at sinkhole problems work, yet this is what you continue to pound on the table. It's obvious from your repeated denial of the Obama overhang that you know little of how successful businesses operate.
BoatShoes;1257816 wrote:
I mean I might take you seriously if you'd repudiate the GOP's deficit exploding plans like a Ron Paul voter might or something. It'd be one thing there work Howard Taft style republicans who took on keynesianism with a budget-hawk approach but that's just not the case. I mean you've got QuakerOats saying deficits should warrant the death penalty but he's gonna vote for guys that propose exploding the deficit???:laugh:
More obfuscation. You have a simpleton's view in which there are only two extreme choices - massive austerity (which NO ONE is advocating even though it's your favorite strawman here) or massive spending increases. I'm going with the choice that is closer to the middle with hope it gets us moving in the right direction.
BoatShoes;1257816 wrote:
5. LOL the multiplier is NOT "clearly less than one": What Ryan proposes to explode the deficit; lower marginal rates; has a low multiplier. 0.29 according to actual recent research by Moody's whereas something as benign as Food Stamps which basically pays people to sit on their ass has a multiplier of 1.73 according to the same; Infrastructure spending that crowds-in private investment when interest rates are at the zero lower bound and there's no rationing by the government for something like a war effort has well demonstrated multipliers but hey public management is a priori inefficient and incompetent and someone as grossly as incompetent as President Obama only exacerbates that problem no doubt.
Oh dear lord. Without commenting on the fuzzy math of multipliers, what are you reading that claims the stimulus deficit spending has a multiplier greater than 1 (which, by the way, is actually wasteful when factoring in interest). If you just look at the most basic of economic data you have to be on crack to think the multiplier is over 1. The most massive spending increases in history and yet we've had the most anemic recovery, in relative and absolute terms. Where the hell is the multiplier effect? Growth less than 2%....Unemployment in the tens of millions...Where is this magical effect you refer to? Oh, that's right, you'll say it wasn't enough. But there's not some magical tipping point, there's 0 evidence we've gotten any return on all this spending.
Funny thing is, I used to be a believer in Keysian economics. But I see now it has limits. I've looked at the data and changed my position. To be fair, we've never practiced the surplus side of Keynesian economics. But that is PRECISELY why it is failing now. This should be so obvious, and it's why more spending isn't going to work. It's so obvious that the more crap you pile on the plate, the more people that leave the table. That's why there's no multiplier benefit.
BoatShoes;1257816 wrote:
The RNC has demonstrated that Republicans are flat out willing to lie as they think there are no consequences (and there apparently aren't). Paul Ryan's speech was amazingly dishonest. But hey they can get 60% of the white male vote just by having an Oklahoman governor declare that individualism founded Oklahoma and not really the Federal Army throwing out Native Americans and the federal Homestead and Railroad Act's. The damn theme for the convention is based on a mendacious lie about a poorly worded statement by the president.
There was some spin and deception. Par for the course in politics. It's hypocritical - and even more comical - to pretend it's one-sided (especially when some of the "lies" are only outted by lies from the other side). When you refuse to acknowledge the game on both sides, you pretty clearly out your bias and ignorance (if it already wasn't blatantly clear from the rest of your post).