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September 17, 2004

Comments

int argc

Economic disasters:
Hoover (R) 1929
Ford (R) 1974
Reagan (R) 1986
Bush (R) 2001

Economic successes:
Roosevelt (D) 1930s-40s
LBJ (D) 1960s
Clinton (D) 1990s

Sure about that thesis, Adrian?

genghis

nice post! Keep it up.


Government

Adrian, Nice post. Keep it up.


cinives

Think Ludwig von Mises and F. Hayek and others of their ilk - you'd never call them "scientific economists". They were political economists, and they (and other Austrian economists) have been more accurate predictors of human behavior than anyone. So-called scientific economists can only "predict" what was, not what can be. Human action cannot be reliably quantified, only verified.

Freen

http://buzzflash.com/areyoubetteroff/

Dude,
Read some history.... Do you like your 40 hour work week, or your pension? Maybe not, but i'm guessing you do.

liberal

Adrian wrote, "Increase personal incentives and economies grow and decrease personal incentives and economies grow less or contract. Kerry’s 'tax increase on the rich' will definitely crimp the economy and cause us all, individually and as a nation, to become poorer."

Except you're wrong, as Clinton's 1993 tax hike on higher incomes showed.

Besides, a large fraction of upper incomes is economic rent anyway.

Adrian Spidle

"Except you're wrong, as Clinton's 1993 tax hike on higher incomes showed.

Besides, a large fraction of upper incomes is economic rent anyway.

Posted by: liberal"

EXCEPT YOU'RE WRONG. CLINTON'S 93 TAX HIKE DID INDEED TAKE MOMENTUM OUT OF THE ECONOMY THAT HAD BEEN GOOSED BY THE REAGAN ERA TAX CUTS AND PERMANANTLY LOSWERED THE SLOPE OF THE ECONOMY'S TREND LINE.

WE'RE STILL PAYING NOW FOR THAT TAX HIKE.

AND, FOR GOD'S SAKE, WHAT YOU CALL "RENT" IS REALLY JOB PRODUCING INVESTMENT. OUR ECONOMY WOULD HAVE MORE JOBS RIGHT NOW IF CLINTON HADN'T RAISED TAXES THEN.

YOU LEFTY ECONOMISTS HAVE RIDICULOUSLY SHORT TIME HORIZONS AND NO UNDERSTANDING WHATSOEVER OF ECONOMIC MOMENTUM AND THE TIME LAGS BETWEEN ECONOMIC CAUSES AND EFFECTS.

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