The Further Left You Are the Less You Know About Economics

  • Thread starter Thread starter thekinggovernor
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Are you kidding. Religion nut is the number 1 trait of your typical right winger conservative.

Plus, he was obsessed with making wars.
 
and cutting taxes, which definitely staved off this recession, right? RIGHT?



idiot conservative ideals ruining this country
 
The "Gold Standard" sucks. The "Fully automatic weapon" standard is much better. Not only has Class 3 weapons value gone through the roof in the past 10 years, but in a pinch, you can actually use a Class 3 weapon when all hell breaks loose. About the best you can do with Gold is throw coins at someone and hope you put their eye out.
 
its a problem with social sciences, the basics are agreed upon but when trying to describe an on going situation there is difference.


Also the values for what makes something statistically significant can be very, very low imgo.
 
you've gone off the deep end. The accusation is Bush's grandfather helped germany BEFORE WWII, not during.
He helped send money to Germany during the 20s and 30s And the German he was working with was imprissoned by the Nazis after he fled Germany in 38. Once the Nazis went crazy against the Jews, this guy left. So obviously, he was a HUGE nazi supporter.

And what ??????????????

Psst, bin laden has been the black sheep of his western leaning family for decades. They are big in oil, construction, security, etc... they love America. He doesn't.
 
I call them blog economists. And of course, Alex Jones and Wikipedia know more about economics than my degree taught me.
 
You're pretty much the TS' case in point.

You know absolutely nothing about economics.

ibyoumadhatersgonhatewinnerwinnerchickendinner
 
The further left you are, the more disoriented and detached from reality you are in general.
 
The thread title is extremely misleading. While I think that, in general this may be somewhat true I would like to point out a few things:

First: This is probably only truthful in terms of economic left and right and has nothing to do with political or social ideas of liberal and conservative. Certainly correlations could and probably do exist between the two, but that doesn't really mean much and shouldn't be used as a means to automatically right off the economic thoughts of self described liberals. I could still have a moderate to traditionally conservative economic stance and still overall (when my political, international and social stances are taken into account) be much more liberal than you and still be much better educated in economics. Hopefully that goes without saying though.

second: This does not mean that anything economic that is traditionally supported by liberals is a bad economic policy or is one that is devoid of strong and educated economic backing. Examples would include government intervention into insurance markets, certain credit markets, regulations concerning negative externalities such as pollution, government production of certain pure public goods and so on. This does not mean that supply side economic efforts are always a better idea than Keynesian economic practices and it certainly doesn't mean that crap like Rothbardian economic theory is superior to economic ideologies that advocate a mixed economic system.

third: The statement is, in and of itself not completely true, because once you go so far towards pure capitalism, or in certain other areas of traditionally conservative economic thought, there is definitely a drop off point in terms of understanding economics and support. In fact I would say that anarcho-capitalists are probably just as ignorant of rudimentary economics as perhaps say a socialist or even a communist. I wouldn't suggest that the scale is a perfect bell curve though.

fourth: Obviously, like anything else that makes such claims this is not true for everyone who holds liberal and conservative economic viewpoints. Something which also hopefully goes without saying.
 
I agree.

The gold standard is the single biggest way to kill the economy. The deflation alone would be catastrophic.
 
I'm not going to lie, I dont know that much about economics. I know the basics. But I'd really like meet the people who failed that quizz so I could facepalm every one of them.
 
Most professional organizations are self regulating and for good reason. I'd rather have an overpriced CGA that went through hell to get licensed doing my businesses taxes than a 'professional' tech that had to take the same amount of classes as the geniuses that work at banks and try to sell me mutual funds at age 20 and have a high school diploma.
 
I would say that anarcho-capitalists understand almost nothing of economics, but I revel in my judgmental disposition.
 
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