16-07-2003 15:37									#91
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Give me a ****ing break!

	16-07-2003 15:51									#92
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quote: Originally posted by Fez You are a leftist. Leftists never make any points.

You might be surprised at my political views - you assume I am a leftist, actually I am catagorized as slightly right-wing in my economic views (well according to political compass anyway as I'm at +3.4 on their scale, why don't you test yourself and we can ccmpare).

Well done on the quote from the CIA, it shows that there is hope for you still.

I wonder if we have not been arguing across purposes as I have said that labour market regidities do cause higher unemployment in Germany (although not to the extent you claim) - my main argument has been that this has not fed through into slower growth, per person, than the US.
I note that the CIA report does not mention the large differences between the former east and west germanies - unemployment is 18% in the east but 7% in the west (not much higher than in the US in other words).
And even that awful rate is lower than the 20% recorded in other post-communist states like Poland and Slovakia

quote: Originally posted by Fez Give me a ****ing break!

Feel free to engage in intercourse during the intermission

	16-07-2003 15:54									#93
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Edit:

Economic Right/Left: +7.06
Authoritarian/Libertarian: +1.80

	16-07-2003 15:55									#94
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Wow, I bow to your masterful repudiation of my earlier post


edit:

Economic Right/Left: +3.38
Authoritarian/Libertarian: -3.85

	16-07-2003 15:56									#95
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Read the edit!

	16-07-2003 15:58									#96
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read mine

So, basically you're twice as far from the centre as I am.
But whilst I might be to the left of you I doubt most people would consider me left-wing on economic issues.

But the difference in my preference for Liberty over your preference for Authority is much more marked.

Maybe this is why I question statistics whilst you will happily swallow them

	16-07-2003 16:02									#97
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Anybody to the left of me, is a leftist. Kidding..

Authority? I am actually moderating... +1.80 is better than the +4 I got months ago.

	16-07-2003 16:03									#98
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quote: Originally posted by el freako Feel free to engage in intercourse during the intermission

Okay now that is sig material. And also just plan wrong to say...

	16-07-2003 16:08									#99
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quote: Originally posted by Fez Authority? I am actually moderating... +1.80 is better than the +4 I got months ago.

Ouch +4!!!

we clearly have big differences there (BTW any idea why your views have moderated?)

quote: Originally posted by Fez Okay now that is sig material. And also just plan wrong to say...

I'll enjoy seeing it in your sig
But I hope my poor attempt at a pun didn't offend you

	16-07-2003 16:12									#100
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quote: Originally posted by el freako (BTW any idea why your views have moderated?)

No.

quote: But I hope my poor attempt at a pun didn't offend you

Yes it did offend. But I can take it... like all the other insults I take by some people who just hate me.

	16-07-2003 16:24									#101
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I don't hate you Fez,

Disagree, get exasperated with but not hate.

Assuming others hate you is probably an 'occupational hazard' for a misunderstood soul like yourself - but it's usually not true.

	16-07-2003 16:25									#102
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Stop trying to paint me as a victim. I certainly am not. I could not give a rat ass what others say about me.

	16-07-2003 16:35									#103
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And yet you use such an emotive word like 'hate' to describe their attitude towards you.

	16-07-2003 16:36									#104
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quote: Originally posted by el freako And yet you use such an emotive word like 'hate' to describe their attitude towards you.

They may hate me for the relationship I had... but I could care less.

	16-07-2003 16:42									#105
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So, back to the original discussion.

Do you deny that differences in the way the US and most european countries calculate inflation (and thus growth) makes direct comparisons between their growth rates difficult?

	16-07-2003 16:42									#106
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I am going to bed.

Good night.

	16-07-2003 16:59									#107
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Typical Fez answer to a direct question

	16-07-2003 20:19									#108
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Coming back OT, I wonder how the US citizens could feel comfortable with a budget system producing a forecasted deficit for the current year varying by 150 billions in five months. This should be a technical problem, not so hard to solve. But is it ?

	16-07-2003 20:26									#109
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I wonder how the US citizens could feel comfortable with a budget system producing a forecasted deficit for the current year varying by 150 billions in five months. This should be a technical problem, not so hard to solve. But is it ?

Well 1/3rd of that change was because the economy didn't do as well as was hoped. 1/3rd was because the costs of GWII through September (the end of FY '03) were included this time. The remaining 1/3rd was due to tax cuts and spending increases not previously included.

	16-07-2003 20:58									#110
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Bill Clinton's 2001 budget $127 billion surplus

George Bush Jr $455 billion deficit = 4.2% of the economy.
That beats the previous deficit record of
George Bush Sr of $290 billion
Ronald Reagan's 1983 deficit 6 per cent of the GDP.

Why are Republicans financially incompetent. All they seem to know how to do is to spend, spend, spend.

It's great for Asia. China, Japan, Taiwan and Hong Kong billions in US government bonds and US dollars. Washington knows that if they piss off these countries, then the countries would sell off their US holdings and tank the US economy.

	16-07-2003 21:03									#111
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"Bill Clinton's 2001 budget $127 billion surplus

George Bush Jr $455 billion deficit = 4.2% of the economy."

It's not the moron's fault this time. Greenspan gave it, gravity took it....

	16-07-2003 21:22									#112
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One pie chart I saw in a magazine said that since WWII, the best combination for the economy to do well was Dem president + Republican congress. Rep + Rep was the worst

Anyways, let's see whut we could have cut out and saved...let's see, forget about the war on Iraq...we don't need tax cuts, they didn't do any good the last time we got them, are they going to do something now ? And eliminate the Department of Homeland Panic, I thought that was the FBI + CIA's job

And we're left with a much smaller deficit all due to economy.

But this kind of thing won't hurt now, but in 10 years when we're falling behind desperately trying to pick up our collective granny's social security, we'll really be screwed.

	16-07-2003 21:39									#113
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DanS, 50 billions is the cost of GWII for one year, not for 3 months. And even if this cost was initially underestimated, that does not explain that no provision at all was made in the last forecast. I would therefore be tempted to conclude that GWII was deliberately omitted.

As for the tax cuts and spending increases, they seemed to be happily improvised at an impressing pace.

	16-07-2003 21:47									#114
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Fez, come on now. Admit you're beaten. El freako has owned you so thouroughly in this debate that I wouldn't be surprised if there were now an "e.f." branded on your butt.

	16-07-2003 21:48									#115
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I love how everyone assumes that immediate economic responses to financial stimulous. (this is sarcasm)

I am not sure what the lag-time is, but I doubt it is anything less than a year, and maybe more so.

You cut taxes, response is not immediate... Uh, anyone remember 'Trickle down'? Funny how when it is bad for the dems it is because of something a repub did 10 years ago, but when it is bad for repub it is because of something he did 3 months ago!

Granted we spent a lot on war, gave too much money to a disrespectful continent to help them treat (not combat) AIDS... Silly decisions.

Yet, we have also entered a time that has seen an increase in spending on national defense, and this will continue to occur... Maybe if Clinton kept his eyes open a little better this would need to have happened...

Blah!

	16-07-2003 21:59									#116
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DanS, 50 billions is the cost of GWII for one year, not for 3 months. And even if this cost was initially underestimated, that does not explain that no provision at all was made in the last forecast. I would therefore be tempted to conclude that GWII was deliberately omitted.

Of course it was deliberately omitted. We weren't at war yet. We were still at the UN debating it.

	16-07-2003 22:08									#117
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quote: Originally posted by Japher Funny how when it is bad for the dems it is because of something a repub did 10 years ago, but when it is bad for repub it is because of something he did 3 months ago!

I might be wrong but I thought Bush stole the election three years ago.

quote: Originally posted by Japher Maybe if Clinton kept his eyes open a little better this would need to have happened...

So what you're saying is that Bush hands out $330 billion in tax cuts (according to The Globe and Mail), but the deficit is Clinton's fault.

Bush and Rumsted allocated $25 billion on a light mobile force that the military doesn't want and it's Clinton's fault.

The Republicans add billions of dollars to the budget to upgrade Abrahm tanks, even though the military doesn't ask for the upgrades and it is Clinton's fault.

Bush steals the election and immediately starts saying that the stock market is going to crash, and surprise, surprise, the stock market crashes, and it's Clinton's fault.

Bush orders the US military to invade Iraq which results in a $45 billion a month bill and its Clinton's fault.

Yeah, it's all Clinton's fault. (Japher: this is sarcasm)

Anyways, if your theory about massive lag time is true, then Reagan's trickle down theory resulted in the Bush Sr's second largest US deficit.

	17-07-2003 06:43									#118
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quote: Originally posted by el freako Typical Fez answer to a direct question

I didn't see your post before it.

I was busy writing up something but decided it was my bed time.

	17-07-2003 06:45									#119
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quote: Originally posted by Tingkai I might be wrong but I thought Bush stole the election three years ago.

Leftist nonsense.

Actually he won it fair and square, it was Al Gore who was trying to steal the election.

quote: Originally posted by Boris Godunov Fez, come on now. Admit you're beaten. El freako has owned you so thouroughly in this debate that I wouldn't be surprised if there were now an "e.f." branded on your butt.

No he didn't. I will never ****ing concede anything. Not in economics. He lost.

	17-07-2003 06:47									#120
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@ Fezzie again.

I don't believe anything by the CIA. I bet the TRUE unemployment rate is at least 7.5%, maybe even 9%, The US figures don't count people getting unemployment checks.