Show of HandsShow of Hands

Arananthi October 24th, 2014 6:53pm

I've been looking for years for a pretty decent summary of how conservative economics destroyed America, and I think I've found one. This is a special request to all of my right-wing followers: tell me how and where this guy is wrong. (Link inside.)

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HammeringMan Gods Away On Business
10/24/14 3:31 pm

Please wake up. Neither big party are middle class supporters! They play their roles while THEY both are stealing us blind and blaming the other. They are golf buddies and own the same damn stocks.

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Arananthi Literal Ninja
10/24/14 3:38 pm

Believe me, I don't support either party. But thinking that "conservative" equals "Republican" or vice versa is a profound mistake. Conservative economics isn't a party thing -- it's a 'people who don't realize they're being wholly duped' thing.

Arananthi Literal Ninja
10/24/14 3:44 pm

Libertarians, Republicans, Constitution, it doesn't matter what party they're in -- if they honestly believe in trickle-down economics, in encouraging growth via tax cuts, and in deregulation, they're hurting the country.

kermie gaytopia
10/25/14 12:19 am

Heck there's plenty of Democrats who fall for that nonsense too.

bethanyq Ess Eff
10/24/14 2:47 pm

While I share the author's perspective generally, I wish the piece were better sourced, e.g., with reference to specific studies demonstrating the correlations he posits along his timeline, and reference to specific laws, etc. with attendant numbers

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bethanyq Ess Eff
10/24/14 2:47 pm

attributable to those laws.

But yeah. The analysis itself is compelling.

Skarface69 Retired
10/24/14 1:06 pm

Capitalism was useful at one point, but in the modern age we have the power to transcend such immature systems for the good of our fellow man.

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HammeringMan Gods Away On Business
10/24/14 10:42 pm

Just in my highly "Liberal Opinion" the average man is not prepared or willing to make the sacrifices needed to run big business profitably. Gov has not ever demonstrated other wise.

hrankta
10/24/14 1:06 pm

Huge blind spot in that guy's thinking. He starts with the assumption that post WW2 America was the norm. He is wrong. It was a time in history where for the first time a modern industrial civilization had absolutely no competition.

hrankta
10/24/14 1:08 pm

He then continues to naively state that conservative economics is what destroyed that perfect utopia, when it was, in fact, the introduction of competition from the rest of the world, followed by decreased demand for American goods and services.

Arananthi Literal Ninja
10/24/14 1:13 pm

Are you missing the blinding fact that "competition from the rest of the world" WAS a conservative policy? Free trade ain't no liberal freak show.

hrankta
10/24/14 1:23 pm

The competition from the rest of the world was a result of the rest of the world rebuilding their destroyed infrastructure and industry, not as a result of any conservative economic program.

hrankta
10/24/14 2:00 pm

Some lame, evil, conservative Republi... Wait a minute, that was Clinton!

bethanyq Ess Eff
10/24/14 2:50 pm

You're both right. Protectionism was the norm until NAFTA. Today, selective protectionism tends to favor only entrenched interests. If you're going to undo protectionist laws in the name of "competition," it's a bit disingenuous to oppose it when it

bethanyq Ess Eff
10/24/14 2:50 pm

doesn't work to your advantage.

Arananthi Literal Ninja
10/24/14 3:09 pm

The fact that Clinton signed it doesn't make it liberal economic policy. Just like Obama has made some very significant concessions to conservative folks, Clinton did, too. Just he was white, so they actually acknowledged him for it.

hrankta
10/24/14 3:32 pm

LOL! It was ratified by almost a democrat super majority in the senate! And Clinton didn't have to make ANY concessions until the Republicans took congress in 1995! Which in part led to the tech boom of the late 90's!

hrankta
10/24/14 3:33 pm

White! Clinton always said he was the first black president! LOL!

kscott516 EB rules
10/24/14 4:43 pm

What's it feel like to rewrite your version of history, Aran? LOL!! That was a pretty funny alternate version.

bethanyq Ess Eff
10/24/14 4:51 pm

I'm not sure why so many people seem to think the Democratic Party is actually progressive.

hrankta
10/24/14 5:56 pm

And "He was white, so they actually acknowledge him for it." Playing the race card so pathetically? Your rationale credibility has just dropped right through the floor.

kermie gaytopia
10/25/14 12:27 am

One of the great achievements of the modern Republican movement is convincing the American public that Democrats are leftists.

hrankta
10/25/14 5:15 am

And the modern day Democrat party has shamed their KKK ancestors with how they have destroyed to the black family and community.

Arananthi Literal Ninja
10/24/14 12:25 pm

Not sure how that argues against the article quoted.

duey in a fools paradise
10/24/14 12:30 pm

Maybe you don't understand how competition in the free market place works. Cheaper labor overseas is our competition and we actually reinforce companies leaving by raising their taxes. This government does not get competition!

Arananthi Literal Ninja
10/24/14 12:35 pm

Before free trade agreements existed, companies had plenty of incentive to keep jobs in America, even when corporate taxes spiked (like when Reagan delivered the highest corporate tax hike in American history.) The problem is free trade, not taxes.

Arananthi Literal Ninja
10/24/14 12:36 pm

If competition is the problem, limit competition. Don't bow to it -- that creates a race to the bottom!

Arananthi Literal Ninja
10/24/14 12:28 pm

Would be a decent rebuttal to some points, except the dude is wrong on a lot of levels: voxrationalis.wordpress.com/2011/05/20/more-reagan-cherry-picking-by-peter-ferrara/

duey in a fools paradise
10/24/14 12:37 pm

So you look up the author to dispute him as a writer yet don't verify any of the facts he writes about. They are either true or all lies.

Arananthi Literal Ninja
10/24/14 12:39 pm

I don't have time to research every individual fact he writes. If you want to make an argument by handing me a link, you can expect me to counter by handing you another one.

GlockMan1 Alabama
10/24/14 11:58 am

Conservative economics has given both you and I the highest standard of living of any nation in the world. Now with Obama and the Democrats in control for the last 6 years our economy is floundering and we are awash in debt.

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trepidhickory Ayy Lmao
10/24/14 12:04 pm

We were awash with debt before Obama both sides are responsible for our economy today

Arananthi Literal Ninja
10/24/14 12:21 pm

Sorry, Glock. The standard of living in America has declined since conservative economics took over. That was in 1980, more or less. In 1980, the OECD reported America as having the best standard of living in the world. Today, we're sixth.

Arananthi Literal Ninja
10/24/14 12:23 pm

Before that, there was a liberal majority in most areas of Federal government from the end of the Great Depression right up until we invented trickle-down theory and started deregulating. tinyurl.com/ny86479

duey in a fools paradise
10/24/14 12:28 pm

en.m.wikipedia.org/wiki/Standard_of_living_in_the_United_States
I love how liberals believe anything a liberal author writes down on paper. Granted looking at the yellow graph it's obvious where the decline started but Obama said he could fix

Arananthi Literal Ninja
10/24/14 12:38 pm

duey, that chart is essentially useless, because quality of life is a relative measurement. That chart doesn't show how the rest of the world was faring during that time frame, so it's meaningless.

GlockMan1 Alabama
10/24/14 2:36 pm

It was Obama and the Democrats who borrowed 785 BILLION DOLLARS from the Chinese for a Stimulus that failed to fix the economy. Talk about increasing the debt....and our children will be paying for it in 30 years. Stop drinking the liberal KOOL AID.

Arananthi Literal Ninja
10/24/14 3:16 pm

I love how blithely you ignore what would have happened if Obama hadn't borrowed all that money. tinyurl.com/or2yh3g

GlockMan1 Alabama
10/24/14 3:25 pm

We would have been right where we are now. It changed nothing and we still must pay the piper.

duey in a fools paradise
10/24/14 3:39 pm

No one ignored a damned thing. If you knew the history of the Tea Party and the reality of how it was started you would understand people were getting sick of all the debt. Then we elect a guy that said it was unpatriotic and UnAmerican that turned

duey in a fools paradise
10/24/14 3:42 pm

out to be a huge liar. Any President would have borrowed big to get out of going into a depression the difference was it wouldn't have been spent on welfare it would have been spent on infrastructure. Creating jobs instead of paying people to stay

Arananthi Literal Ninja
10/24/14 5:16 pm

Duey, I'm well aware of the history of the Tea Party. My mother is one of the first wave of recruits. I'm aware of it's actual history, and I'm aware of what they claim is their history. But being funded by Americans for Prosperty is strangely not

ShereKhan A very dark place.
10/24/14 2:41 pm

You need to read " the wrecking crew" by Thomas Frank