"Recessions don't just happen, they are created by Republicans" OMG, THE STUPID!!!
Odin2005
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Mon Jul-27-09 08:18 AM
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"Recessions don't just happen, they are created by Republicans" OMG, THE STUPID!!! |
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Ran into this in the Bernanke LBN thread. Somebody give that poster a Macro-Econ textbook and tell him/her to look up the business cycle. Geez, I hate it when people think EVERYTHING is a conspiracy. :eyes:
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LeftishBrit
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Mon Jul-27-09 08:37 AM
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1. They aren't created by Republicans, especially when they are worldwide... |
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however, it *is* true that right-wing, laissez-faire economic policies generally make them worse.
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Odin2005
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Mon Jul-27-09 08:50 AM
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2. That's what I said in the thread. |
TZ
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Mon Jul-27-09 08:57 AM
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3. Economics, like science is a complex topic |
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Therefore here on DU, it is not well understood and it becomes...black and white...good vs. evil etc...
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Odin2005
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Mon Jul-27-09 09:15 AM
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4. I've noticed that people tend to look for people to scapegoat instead of understanding the science. |
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It's like people just don't "get" that most things in society, especially most bad things that happen. are "ordered" by no-one in particular but are instead are unintended consequences of other policies and collective behavior.
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TZ
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Mon Jul-27-09 09:47 AM
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5. they are the left wing version of the fundies in some ways |
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RW says everything happens because its god's plan or someone made god mad..On the left bad things don't just happen its because someone made it happen. I think that in general, alot of people in society today cannot accept that simply put "shit happens" sometimes.
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Warpy
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Mon Jul-27-09 10:16 PM
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6. Recessions are normal parts of the business cycle |
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but what those incoherent folks are really trying to say is that the Republicans create the conditions for depressions.
They've got a point.
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JitterbugPerfume
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Tue Aug-04-09 12:38 PM
Response to Reply #6 |
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Edited on Tue Aug-04-09 12:41 PM by JitterbugPerfume
sometimes people (me included) have trouble expressing exactly what they mean in a forum where give and take can be very limited
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Anarcho-Socialist
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Sun Aug-16-09 03:21 PM
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8. The thing is, the US would still would have had a recession under a President Gore |
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Economic indicators in late 2000 were already pointing to likely GDP contraction in 2001. Like others have pointed out, the 2001-2 recession would likely not have been so deep, and the recovery would have been more expedient under a Gore administration.
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