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U.S. Midterm Elections 2010 - Page 3

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jaminz
Profile Joined April 2010
United States208 Posts
November 02 2010 02:10 GMT
#41
So, how about those 1934 midterm elections? Oh wait.
"Heroes get remembered, but legends never die. Follow your heart, kid, and you'll never go wrong" - The Great Bambino, The Sandlot
crayhasissues
Profile Blog Joined July 2010
United States682 Posts
November 02 2010 02:11 GMT
#42
GDP can increase in bad times (although not as much as it should), since employers cut jobs and the current workers have to become more productive to keep up/keep their jobs. Still doesn't mean unemployment doesn't suck. Points to our current jobless recovery.
twitch.tv/crayhasissues ||| @crayhasissues on twitter ||| Dota 2 Streamer that loves to help new players!
crayhasissues
Profile Blog Joined July 2010
United States682 Posts
November 02 2010 02:13 GMT
#43
On November 02 2010 11:09 red_b wrote:
Show nested quote +
Post late 1970's, Keynes theory was albeit rejected from most major governments in favor of Friedman economics, but with the latest recession, Keynes is seeing a comeback (so no, it has not been the predominant thought since the 30's).


Friedman's version of economics never displaced neoclassical synthesis as the main theoretical background taught at the university level.

And for all the stuff Friedman said, much of it proved to be incorrect. There is significant video of him saying that socialized medicine would break countries and here we are in 2010 and the best systems all have some degree of socialization.

and what is the deal with so many people saying that output levels are a poor measure of economic performance? this must be the one of the new conservative excuses for why their policies blow ass so hard.


As populations increase, GDP should be higher. Therefore GDP isn't the greatest indicator. GDP per capita may be a little better measurement. Keynesian economic theory is all sorts of fail. Look how it has turned out for us, Japan, and the UK. And don't say China, they can actually afford it (we can't).
twitch.tv/crayhasissues ||| @crayhasissues on twitter ||| Dota 2 Streamer that loves to help new players!
motbob
Profile Blog Joined July 2008
United States12546 Posts
November 02 2010 02:18 GMT
#44
On November 02 2010 11:13 Scruffy wrote:
Show nested quote +
On November 02 2010 11:09 red_b wrote:
Post late 1970's, Keynes theory was albeit rejected from most major governments in favor of Friedman economics, but with the latest recession, Keynes is seeing a comeback (so no, it has not been the predominant thought since the 30's).


Friedman's version of economics never displaced neoclassical synthesis as the main theoretical background taught at the university level.

And for all the stuff Friedman said, much of it proved to be incorrect. There is significant video of him saying that socialized medicine would break countries and here we are in 2010 and the best systems all have some degree of socialization.

and what is the deal with so many people saying that output levels are a poor measure of economic performance? this must be the one of the new conservative excuses for why their policies blow ass so hard.


As populations increase, GDP should be higher. Therefore GDP isn't the greatest indicator. GDP per capita may be a little better measurement. Keynesian economic theory is all sorts of fail. Look how it has turned out for us, Japan, and the UK. And don't say China, they can actually afford it (we can't).

Whoa whoa. I agree the Keynesian Theory has severe limits but citing Japan as an example of that is pretty bad. I mean, the Japanese government was making interventions into the economy that Keynesian theory would absolutely not recommend, and they intervened in ways that Keynes would recommend a long time after the Lost Decade began. Basically, referring to Japan as a failed instance of applied Keynesian theory is a massive strawman argument.
ModeratorGood content always wins.
Navi
Profile Joined November 2009
5286 Posts
November 02 2010 02:29 GMT
#45
On November 02 2010 11:18 motbob wrote:
Show nested quote +
On November 02 2010 11:13 Scruffy wrote:
On November 02 2010 11:09 red_b wrote:
Post late 1970's, Keynes theory was albeit rejected from most major governments in favor of Friedman economics, but with the latest recession, Keynes is seeing a comeback (so no, it has not been the predominant thought since the 30's).


Friedman's version of economics never displaced neoclassical synthesis as the main theoretical background taught at the university level.

And for all the stuff Friedman said, much of it proved to be incorrect. There is significant video of him saying that socialized medicine would break countries and here we are in 2010 and the best systems all have some degree of socialization.

and what is the deal with so many people saying that output levels are a poor measure of economic performance? this must be the one of the new conservative excuses for why their policies blow ass so hard.


As populations increase, GDP should be higher. Therefore GDP isn't the greatest indicator. GDP per capita may be a little better measurement. Keynesian economic theory is all sorts of fail. Look how it has turned out for us, Japan, and the UK. And don't say China, they can actually afford it (we can't).

Whoa whoa. I agree the Keynesian Theory has severe limits but citing Japan as an example of that is pretty bad. I mean, the Japanese government was making interventions into the economy that Keynesian theory would absolutely not recommend, and they intervened in ways that Keynes would recommend a long time after the Lost Decade began. Basically, referring to Japan as a failed instance of applied Keynesian theory is a massive strawman argument.


ya i didn't want to talk more in this thread about econ but Japan is a terribad example

there is no completely right theory, so people don't have to get their asses up the wall trying to prove so. that's why they are theories, they help guide us through their principles.

there will be certain market times and conditions where a certain theory seems to hold more truth than another, but that's why economics exists as a viable field of study, innit?
Hey! Listen!
Chex Mix
Profile Joined September 2010
76 Posts
November 02 2010 02:41 GMT
#46
Ahh, Republicans vs. Democrats. The classic battle between the insane and the incompetent.
sk`
Profile Joined November 2008
Japan442 Posts
November 02 2010 02:47 GMT
#47
On November 02 2010 11:41 Chex Mix wrote:
Ahh, Republicans vs. Democrats. The classic battle between the insane and the incompetent.
You'd think in a battle the insane would win that though, easily... in Japan we have like 20 odd political parties, so it is all a joke. Best party name is "Happiness realization party". And that isn't my translation of their name, that's their's.
www.pureesports.com
pfods
Profile Joined September 2010
United States895 Posts
November 02 2010 02:52 GMT
#48
On November 02 2010 11:06 Tuneful wrote:
Show nested quote +
On November 02 2010 10:30 pfods wrote:
On November 02 2010 10:25 Tuneful wrote:
On November 02 2010 10:21 pfods wrote:
i hope the republicans sweep the house and senate, literally obliterate what remains of our functioning democracy(that term barely applies), and we can all jump ship and move on with our lives.


The same "barely functioning democracy" that allows you to post here.



what kind of an argument is that? that's the most bland, generic herpderp of a statement i've ever read.

we have one of the most broken political systems in the developed world. our congressional process is so bogged down in partisanship and procedural rules it's a joke.



Yes, but I still wouldn't trade it away. Every day I am thankful that I live here and not somewhere else. I don't think that being grateful for what you have, despite it being "broken," is "herpderp."


cool patriotism bro. i can think of five other countries that i would rather live in off the top of my head(that might actually care about me). america is not one of them.

already plan on moving, so save the genius come back.

User was temp banned for this post.
Calidus
Profile Joined April 2010
150 Posts
November 02 2010 02:55 GMT
#49
On November 02 2010 11:09 red_b wrote:
And for all the stuff Friedman said, much of it proved to be incorrect. There is significant video of him saying that socialized medicine would break countries and here we are in 2010 and the best systems all have some degree of socialization.


Socialized Medicine to one degree or another has been in place for about 30-40 years? It may not be breaking countries but it has been chipping away little by little over time. The economic explosion of the late 80s and 90s with the .coms had the ability to absorb and hide a large number of choices both Keynesian and Friedman. I think it is a little hasty to consider Friedman wrong on socialized medicine.
Note:1100 Diamond take everything with a grain of salt.
Romantic
Profile Joined January 2010
United States1844 Posts
November 02 2010 03:22 GMT
#50
On November 02 2010 11:41 Chex Mix wrote:
Ahh, Republicans vs. Democrats. The classic battle between the insane and the incompetent.

I am guessing you subscribe to my person idea of the insane being Republicans and the utterly incompetent being Democrats
smokeyhoodoo
Profile Joined January 2010
United States1021 Posts
November 02 2010 03:24 GMT
#51
On November 02 2010 11:47 sk` wrote:
Show nested quote +
On November 02 2010 11:41 Chex Mix wrote:
Ahh, Republicans vs. Democrats. The classic battle between the insane and the incompetent.
You'd think in a battle the insane would win that though, easily... in Japan we have like 20 odd political parties, so it is all a joke. Best party name is "Happiness realization party". And that isn't my translation of their name, that's their's.


I would kill for twenty political parties.
There is no cow level
angelicfolly
Profile Joined June 2010
United States292 Posts
November 02 2010 03:27 GMT
#52
On November 02 2010 11:52 pfods wrote:
Show nested quote +
On November 02 2010 11:06 Tuneful wrote:
On November 02 2010 10:30 pfods wrote:
On November 02 2010 10:25 Tuneful wrote:
On November 02 2010 10:21 pfods wrote:
i hope the republicans sweep the house and senate, literally obliterate what remains of our functioning democracy(that term barely applies), and we can all jump ship and move on with our lives.


The same "barely functioning democracy" that allows you to post here.



what kind of an argument is that? that's the most bland, generic herpderp of a statement i've ever read.

we have one of the most broken political systems in the developed world. our congressional process is so bogged down in partisanship and procedural rules it's a joke.



Yes, but I still wouldn't trade it away. Every day I am thankful that I live here and not somewhere else. I don't think that being grateful for what you have, despite it being "broken," is "herpderp."


cool patriotism bro. i can think of five other countries that i would rather live in off the top of my head(that might actually care about me). america is not one of them.

already plan on moving, so save the genius come back.


It's cool when the country actually allows you to do that, I mean ins't that something to be grateful for? You might actually have a hard time finding a country made for you....
city42
Profile Joined October 2007
1656 Posts
November 02 2010 03:33 GMT
#53
On November 02 2010 11:52 pfods wrote:
Show nested quote +
On November 02 2010 11:06 Tuneful wrote:
On November 02 2010 10:30 pfods wrote:
On November 02 2010 10:25 Tuneful wrote:
On November 02 2010 10:21 pfods wrote:
i hope the republicans sweep the house and senate, literally obliterate what remains of our functioning democracy(that term barely applies), and we can all jump ship and move on with our lives.


The same "barely functioning democracy" that allows you to post here.



what kind of an argument is that? that's the most bland, generic herpderp of a statement i've ever read.

we have one of the most broken political systems in the developed world. our congressional process is so bogged down in partisanship and procedural rules it's a joke.



Yes, but I still wouldn't trade it away. Every day I am thankful that I live here and not somewhere else. I don't think that being grateful for what you have, despite it being "broken," is "herpderp."


cool patriotism bro. i can think of five other countries that i would rather live in off the top of my head(that might actually care about me). america is not one of them.

already plan on moving, so save the genius come back.

My ingenious comeback is that you're awfully redundant. Notice I used the word "ingenious" there, since "genius" is not an adjective but a noun.

Anyway, this midterm will be interesting. The validity of their complaints can be debated ad infinitum, but many people simply aren't satisfied with the current state of things. If the GOP can somehow reach 60 in the Senate, the next two years of Obama's tenure will not be fun for his administration.
pfods
Profile Joined September 2010
United States895 Posts
November 02 2010 03:33 GMT
#54
On November 02 2010 12:27 angelicfolly wrote:
Show nested quote +
On November 02 2010 11:52 pfods wrote:
On November 02 2010 11:06 Tuneful wrote:
On November 02 2010 10:30 pfods wrote:
On November 02 2010 10:25 Tuneful wrote:
On November 02 2010 10:21 pfods wrote:
i hope the republicans sweep the house and senate, literally obliterate what remains of our functioning democracy(that term barely applies), and we can all jump ship and move on with our lives.


The same "barely functioning democracy" that allows you to post here.



what kind of an argument is that? that's the most bland, generic herpderp of a statement i've ever read.

we have one of the most broken political systems in the developed world. our congressional process is so bogged down in partisanship and procedural rules it's a joke.



Yes, but I still wouldn't trade it away. Every day I am thankful that I live here and not somewhere else. I don't think that being grateful for what you have, despite it being "broken," is "herpderp."


cool patriotism bro. i can think of five other countries that i would rather live in off the top of my head(that might actually care about me). america is not one of them.

already plan on moving, so save the genius come back.


It's cool when the country actually allows you to do that, I mean ins't that something to be grateful for? You might actually have a hard time finding a country made for you....


what is with you people? do you actually think america is the only country with "freedom"? and why should i be grateful? that i wasn't born in north korea? what did the country have to do with that? i thank my parents for not being korean for that one. country had nothing to do with it.
a176
Profile Blog Joined August 2009
Canada6688 Posts
November 02 2010 03:35 GMT
#55
Wow. This thread went to the shitter fast.

Dear Americans, do yourself a favor. Vote for a majority, so shit can actually get done in your government. I'm tired of hearing on the news how "fed up" people are with obama, when for some reason they don''t realize its the partisan tomfuckery of the house.
starleague forever
Ichabod
Profile Joined May 2010
United States1659 Posts
November 02 2010 03:40 GMT
#56
It should be noted (for any interested non-US citizens) that only 37 of the 100 total US senate seats are being voted on this year (as they attempt to replace 1/3 of the senate every cycle, it doesn't always work out that way though, due to deaths/retirings, etc.), 19 of which held by the Democrats, 18 of which held by Republicans.
4 of the above Democrat districts are considered 'safe.' 11 of the Republican districts are considered 'safe.'
angelicfolly
Profile Joined June 2010
United States292 Posts
November 02 2010 04:03 GMT
#57
On November 02 2010 12:33 pfods wrote:
Show nested quote +
On November 02 2010 12:27 angelicfolly wrote:
On November 02 2010 11:52 pfods wrote:
On November 02 2010 11:06 Tuneful wrote:
On November 02 2010 10:30 pfods wrote:
On November 02 2010 10:25 Tuneful wrote:
On November 02 2010 10:21 pfods wrote:
i hope the republicans sweep the house and senate, literally obliterate what remains of our functioning democracy(that term barely applies), and we can all jump ship and move on with our lives.


The same "barely functioning democracy" that allows you to post here.



what kind of an argument is that? that's the most bland, generic herpderp of a statement i've ever read.

we have one of the most broken political systems in the developed world. our congressional process is so bogged down in partisanship and procedural rules it's a joke.



Yes, but I still wouldn't trade it away. Every day I am thankful that I live here and not somewhere else. I don't think that being grateful for what you have, despite it being "broken," is "herpderp."


cool patriotism bro. i can think of five other countries that i would rather live in off the top of my head(that might actually care about me). america is not one of them.

already plan on moving, so save the genius come back.


It's cool when the country actually allows you to do that, I mean ins't that something to be grateful for? You might actually have a hard time finding a country made for you....


what is with you people? do you actually think america is the only country with "freedom"? and why should i be grateful? that i wasn't born in north korea? what did the country have to do with that? i thank my parents for not being korean for that one. country had nothing to do with it.


Hmm, it actually does, when the country give you the ability to get things down, you kinda want at least to be grateful you had the opening to do what you want. Hint, it's not just being born, it's what they offer YOU.

Oh don't go to another country thinking they need to cater to you, it doesn't happen.


LaLLsc2
Profile Joined September 2010
United States502 Posts
November 02 2010 04:12 GMT
#58
Yes on 19
No on 23

Please vote!

I wish we could combine some of Jerry's views with the business sense of Meg to create the ultimate gov. =[ unfortunately we have two shitty choices.
Live and Let Live
Sabu113
Profile Blog Joined August 2009
United States11047 Posts
Last Edited: 2010-11-02 04:20:14
November 02 2010 04:16 GMT
#59
Any one else sympathetic to Krugman's column last friday?

The apocalypse is coming. Government gridlock and no sign of the fiscal stimulus that we clearly need. The fears of a liquidity trap aren't too ridiculous imo. To touch on the Japan argument, Japan never really engaged in a proper stimulus effort. There was a good deal of monetary work, but limited fiscal stimulus and a limited banking sector revamp. At least this holds true as far as 1999, I am a bit unfamiliar with the policies post 2000.

Being a Cali voter just sucks. Hopefully the gerrymandering and marijuana laws pass. Just unhappy with the legislature. I really really don't like what the Dems have done and they deserve to be punished harshly, but the California republican party is... T_T .

It's going to be fun once we see what liabilities we are on the hook for once the ridiculous pension benefits start coming due/ we are required to properly fund them. Cops and firefighters are robbing the people with a smile.
Biomine is a drunken chick who is on industrial strength amphetamines and would just grab your dick and jerk it as hard and violently as she could while screaming 'OMG FUCK ME', because she saw it in a Sasha Grey video ...-Wombat_Ni
Roe
Profile Blog Joined June 2010
Canada6002 Posts
Last Edited: 2010-11-02 04:28:33
November 02 2010 04:20 GMT
#60
On November 02 2010 13:16 Sabu113 wrote:
Any one else sympathetic to Krugman's column last friday?

The apocalypse is coming. Government gridlock and no sign of the fiscal stimulus that we clearly need. The fears of a liquidity trap aren't too ridiculous imo.

not too sure about that. just hold strong and work together to get through this. don't let religious fear mongering get to you. Albert Einstein issued one of my favourite quotes in the history of the spoken word, and it is as follows: in the middle of difficulty lies opportunity!
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