Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Royal Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 12-16-2013, 01:19 PM  
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Conservatives Have No Idea What To Do About Recessions Read more: http://www.busines

For the last five years, liberals have promoted three main economic policies to shorten or ameliorate the Great Recession and speed the recovery from it.
Deficit-financed spending to compensate for demand gaps in the private sector.
Easy monetary policy to raise inflation and support demand.
Mortgage modifications to reduce foreclosures and support consumption.
Most conservatives hate this agenda. As Mike Konczal notes, they bizarrely portray these policies as "corporatist" efforts to enrich the rich. But what's really weird is conservatives have no alternative to this agenda they loathe.

To be clear, conservatives absolutely do have an economic policy agenda. They favor lower taxes, less regulation, government spending cuts, more domestic energy production, school choice, free trade, and low inflation. They often cite these policies as ones that might alleviate recession and speed recovery. They favor these policies now, they favored them in 2008, and they favored them in 2004.

That is, conservatives favor the same set of economic policies when the economy is weak and when it is strong; when unemployment is high and when it is low; when few homeowners are facing foreclosure and when many are. The implication is that conservatives believe there is nothing in particular the government should do about economic cycles.

This is a big problem. Recessions are terrible. They create enormous misery by throwing people out of work and out of their homes. How can a political ideology have nothing to say about how to address recessions?

Perhaps conservatives believe that conservative economic policies will prevent recessions, making it unnecessary to have policies aimed at addressing them. That view would involve a distinctly unconservative degree of hubris.

Perhaps conservatives concede that recessions are terrible and sometimes inevitable, but genuinely believe that nothing productive can be done to address them. If that is so, how can they favor reductions in the social safety net? The argument for cutting welfare programs is that able-bodied people should work and will do so if denied the opportunity to receive benefits without working. But the defining characteristic of an economic down-cycle is that some people who would like to work cannot find work.

As with many economic issues, there is a gap between conservative wonks and conservative policymakers. Many conservative economic policy wonks break with the Republican party by favoring one or more recession-specific economic policies. Economists Luigi Zingales and Glenn Hubbard have called for aggressive programs to modify mortgages. Scott Sumner, David Beckworth, Josh Hendrickson and others have promoted monetary intervention to combat recessions. Michael Strain has promoted a suite of reforms, mostly aimed at the labor market, that would aim to cut unemployment in recessions.

But acceptance of these policies among actual Republican policymakers is near zero. The standard Republican answer for what to do about a bad economy is the same as their answer about what to do about a good economy. As with health care and bank regulation, economic recessions are a policy question to which conservatives have not the wrong answer, but no answer.



Read more: http://www.businessinsider.com/conservatives-have-no-idea-what-to-do-about-recessions-2013-12#ixzz2nfdAvup1
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 01:32 PM   #2
Hobophobic Hobophobic is offline
Banned
 
Hobophobic's Avatar
 

Join Date: Dec 2013
Casino cash: $5000
Quote:
Originally Posted by Race Card native View Post
For the last five years, liberals have promoted three main economic policies to shorten or ameliorate the Great Recession and speed the recovery from it.
Deficit-financed spending to compensate for demand gaps in the private sector.
Easy monetary policy to raise inflation and support demand.
Mortgage modifications to reduce foreclosures and support consumption.
Most conservatives hate this agenda. As Mike Konczal notes, they bizarrely portray these policies as "corporatist" efforts to enrich the rich. But what's really weird is conservatives have no alternative to this agenda they loathe.

To be clear, conservatives absolutely do have an economic policy agenda. They favor lower taxes, less regulation, government spending cuts, more domestic energy production, school choice, free trade, and low inflation. They often cite these policies as ones that might alleviate recession and speed recovery. They favor these policies now, they favored them in 2008, and they favored them in 2004.

That is, conservatives favor the same set of economic policies when the economy is weak and when it is strong; when unemployment is high and when it is low; when few homeowners are facing foreclosure and when many are. The implication is that conservatives believe there is nothing in particular the government should do about economic cycles.

This is a big problem. Recessions are terrible. They create enormous misery by throwing people out of work and out of their homes. How can a political ideology have nothing to say about how to address recessions?

Perhaps conservatives believe that conservative economic policies will prevent recessions, making it unnecessary to have policies aimed at addressing them. That view would involve a distinctly unconservative degree of hubris.

Perhaps conservatives concede that recessions are terrible and sometimes inevitable, but genuinely believe that nothing productive can be done to address them. If that is so, how can they favor reductions in the social safety net? The argument for cutting welfare programs is that able-bodied people should work and will do so if denied the opportunity to receive benefits without working. But the defining characteristic of an economic down-cycle is that some people who would like to work cannot find work.

As with many economic issues, there is a gap between conservative wonks and conservative policymakers. Many conservative economic policy wonks break with the Republican party by favoring one or more recession-specific economic policies. Economists Luigi Zingales and Glenn Hubbard have called for aggressive programs to modify mortgages. Scott Sumner, David Beckworth, Josh Hendrickson and others have promoted monetary intervention to combat recessions. Michael Strain has promoted a suite of reforms, mostly aimed at the labor market, that would aim to cut unemployment in recessions.

But acceptance of these policies among actual Republican policymakers is near zero. The standard Republican answer for what to do about a bad economy is the same as their answer about what to do about a good economy. As with health care and bank regulation, economic recessions are a policy question to which conservatives have not the wrong answer, but no answer.

You are so stupid, it's actually amazing. How you even function with the worthless brain God gave you is a real mystery. You have been severely shorted by nature and in more severe times you would've died off in childhood. I'd be surprised if you knew to seek heat when it's cold.
Do us all a favor and take a nap in the snow.
Posts: 25
Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.Hobophobic < Tried to steal Andy's chili fries.
  Reply With Quote
Old 12-16-2013, 01:41 PM   #3
LiveSteam LiveSteam is online now
All aboard the crazy train
 
LiveSteam's Avatar
 

Join Date: Dec 2009
Location: homeof43conferencetitles
Casino cash: $7486
Jimmy Carter says hi. Ronald Reagan says, see post #2 & #11

Last edited by LiveSteam; 12-16-2013 at 02:11 PM..
Posts: 16,962
LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.
  Reply With Quote
Old 12-16-2013, 01:44 PM   #4
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Quote:
Originally Posted by Hobophobic View Post
You are so stupid, it's actually amazing. How you even function with the worthless brain God gave you is a real mystery. You have been severely shorted by nature and in more severe times you would've died off in childhood. I'd be surprised if you knew to seek heat when it's cold.
Do us all a favor and take a nap in the snow.
So who's mult are you?
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 01:45 PM   #5
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Quote:
Originally Posted by LiveSteam View Post
Jimmy Carter says hi. Ronald Reagan says, see post # 2
Nonsensical meth head is nonsensical.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 01:45 PM   #6
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Oh, for the tweeterratti in DC Josh Barro is ****ing hilarious on Twitter.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 01:49 PM   #7
LiveSteam LiveSteam is online now
All aboard the crazy train
 
LiveSteam's Avatar
 

Join Date: Dec 2009
Location: homeof43conferencetitles
Casino cash: $7486
Quote:
Originally Posted by Race Card native View Post
So who's mult are you?
616 would be my guess,, runt
Posts: 16,962
LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.
  Reply With Quote
Old 12-16-2013, 01:51 PM   #8
LiveSteam LiveSteam is online now
All aboard the crazy train
 
LiveSteam's Avatar
 

Join Date: Dec 2009
Location: homeof43conferencetitles
Casino cash: $7486
Quote:
Originally Posted by Hobophobic View Post
You are so stupid, it's actually amazing. How you even function with the worthless brain God gave you is a real mystery. You have been severely shorted by nature and in more severe times you would've died off in childhood. I'd be surprised if you knew to seek heat when it's cold.
Do us all a favor and take a nap in the snow.
How do you feel about Jews?
Posts: 16,962
LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.LiveSteam is obviously part of the inner Circle.
  Reply With Quote
Old 12-16-2013, 01:53 PM   #9
HonestChieffan HonestChieffan is offline
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $9547
This is going well
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 28,858
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
  Reply With Quote
Old 12-16-2013, 01:55 PM   #10
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Quote:
Originally Posted by HonestChieffan View Post
This is going well
Yup, my fan club adores me.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 02:09 PM   #11
Kingsburg#12 Kingsburg#12 is offline
Banned
 

Join Date: Jul 2013
Location: Kingsburg, CA
Casino cash: $5000
Quote:
Originally Posted by Race Card native View Post
Yup, my fan club adores me.
You Are hands down the dumbest MF'er on CP. That article is like someone proclaiming that the sky green. I thought Direkshun and Cosmo were idiots. They're geniuses compared to you.
Posts: 82
Kingsburg#12 is a favorite in the douche of the year contest.Kingsburg#12 is a favorite in the douche of the year contest.Kingsburg#12 is a favorite in the douche of the year contest.Kingsburg#12 is a favorite in the douche of the year contest.
  Reply With Quote
Old 12-16-2013, 02:15 PM   #12
AustinChief AustinChief is offline
Administrator
 
AustinChief's Avatar
 

Join Date: Aug 2000
Location: Austin
Casino cash: $8923
This is a perfect example of the insanely egotistical interventionist mindset that dominates progressive "thought." Article reads like it was written by a 2nd year psych student who thinks he has everything "figured out."
Posts: 14,946
AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.
  Reply With Quote
Old 12-16-2013, 02:18 PM   #13
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Quote:
Originally Posted by Kingsburg#12 View Post
You Are hands down the dumbest MF'er on CP. That article is like someone proclaiming that the sky green. I thought Direkshun and Cosmo were idiots. They're geniuses compared to you.
Please point out any inaccuracies in his commentary.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 02:19 PM   #14
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11335
Quote:
Originally Posted by AustinChief View Post
This is a perfect example of the insanely egotistical interventionist mindset that dominates progressive "thought." Article reads like it was written by a 2nd year psych student who thinks he has everything "figured out."
Ok. So point out conservatives' policies for lightening/ending recessions.

Or point out their views on whether anything can be done and them actually articulating that view.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,050
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 12-16-2013, 02:20 PM   #15
Prison Bitch Prison Bitch is offline
FAUX-HAWKS for all!
 
Prison Bitch's Avatar
 

Join Date: Nov 2012
Location: Lees summit
Casino cash: $14722
More liberal economics writers from the retard.
__________________
Cardinal Nation Blog 5/29/14: "Without KC. The America League Owns The Cardinals"
Posts: 14,637
Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 02:13 PM.


This is a test for a client's site.
A new website that shows member-created construction site listings that need fill or have excess fill. Dirt Monkey @ https://DirtMonkey.net
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.