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Breaking: 47% of people need to take an Economics course


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Are you refering to the WORST ECONOMIC CRISIS SINCE THE GREAT DEPRESSION!!!!!!!!!! :nana:;):sick:

 

 

Too bad the recession in '82, S&L failures and bailout, dotcom bubble burst and resulting cascade of business failures, post-9/11 market crash and airline industry bailouts, etc. didn't have more hysterical people doing the marketing. :thumbsup:

You must be one of the 47% if you think what's happened over the past two years is anything like those mentioned above. In the US alone, over the past 14 months, more than $12 trillion has been used to prevent a depression. The sum of the real costs from all those things you mention doesn't even come close to that.

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Are you refering to the WORST ECONOMIC CRISIS SINCE THE GREAT DEPRESSION!!!!!!!!!! :sick::w00t::w00t:

 

 

Too bad the recession in '82, S&L failures and bailout, dotcom bubble burst and resulting cascade of business failures, post-9/11 market crash and airline industry bailouts, etc. didn't have more hysterical people doing the marketing. ;)

 

 

:thumbsup::nana:

 

Not downplaying those other spells... People kinda get too reactionary when they have to be living outside (after losing thie humble abode) and off the fat of the land. Nothing but babies I tell you!

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In a vacuum neither is better, both are merely economic concepts. In the long run, for a country of our size, capitalism will work better for the most part, although usage of certain socialistic concepts is not bad. The idea that capitalism=always good and socialism=always bad is utter nonsense

 

I'm sure you believe that utter non-sense. You cannot separate economic teaching in vacuums and extrapolate based on a vacuum. Economic beliefs are always connected to humanity and one cannot deny principles of humanity just because it doesn't fit in their world-view. You cannot extrapolate anything you want divorced from the principles it rests, namely people.

 

Free-market capitalism is probably the best economic system in a democratic republic, and any derivation harmful. The economy should be tied to liberty and basic human rights. Socialism undermines those rights and liberties and is therefore always wrong.

 

How one can defend the view that socialism can be good is beyond logical discussion.

 

We haven't had a true free-market in a long-time, but it was the system that brought the country the most amount of capital and wealth. It was liberty that made this country great, not money. The money and capital were a result in liberty and great resources that exist here in this country.

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I'm sure you believe that utter non-sense. You cannot separate economic teaching in vacuums and extrapolate based on a vacuum. Economic beliefs are always connected to humanity and one cannot deny principles of humanity just because it doesn't fit in their world-view. You cannot extrapolate anything you want divorced from the principles it rests, namely people.

 

Free-market capitalism is probably the best economic system in a democratic republic, and any derivation harmful. The economy should be tied to liberty and basic human rights. Socialism undermines those rights and liberties and is therefore always wrong.

 

How one can defend the view that socialism can be good is beyond logical discussion.

 

We haven't had a true free-market in a long-time, but it was the system that brought the country the most amount of capital and wealth. It was liberty that made this country great, not money. The money and capital were a result in liberty and great resources that exist here in this country.

 

 

But liberty and basic human rights clash.

 

It always comes down to liberty running roughshod over basic human rights... No?

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  • 2 weeks later...
Are you refering to the WORST ECONOMIC CRISIS SINCE THE GREAT DEPRESSION!!!!!!!!!! :flirt::angry::sick:

 

 

Too bad the recession in '82, S&L failures and bailout, dotcom bubble burst and resulting cascade of business failures, post-9/11 market crash and airline industry bailouts, etc. didn't have more hysterical people doing the marketing. :huh:

I know it's only the IMF and not some right-wing radio blowhard, but....

Worst recession since the great depression

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It's scary that they would pay to have a poll done without defining terms.

 

Classical capitalism? Regulated? Market-led? State led?

 

Socialism? What the hell does that mean? A kibbutz model? National Workers?

 

 

I think doppelgangers are scarier than hobgoblins.

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