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Thread: Corbyn proves folk understand economics

  1. #71
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Æthelfrith View Post
    Your attacks lack imagination and class. You stated "[t]he COMPLAINT against Keynesian policies in the 1930's". There weren't any Keynesian policies in the 30s. I also notice that you make these little foot-stamps as a means to avoid actually responding to the comments made. Hope you react better to the questions from your pretend students...
    I see. So NOW you're making the claim that Republicans in America in the 1930's WEREN'T complaining and warning about budget deficits and the national debt, huh?

    As a matter of historical FACT, such concerns and complaints roiled the entire politics of the decade.

    You really need to do more reading about the 1930's, so you don't sound so ignorant.

  2. #72
    Scucca Æthelfrith's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    I see. So NOW you're making the claim that Republicans in America in the 1930's WEREN'T complaining and warning about budget deficits and the national debt, huh?

    As a matter of historical FACT, such concerns and complaints roiled the entire politics of the decade.

    You really need to do more reading about the 1930's, so you don't sound so ignorant.
    I've referred directly to the economic analysis into the period and why it wasn't Keynesian. I know you like to pretend to be an economist, but I do prefer to reference actual economists

  3. #73
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Æthelfrith View Post
    I've referred directly to the economic analysis into the period and why it wasn't Keynesian. I know you like to pretend to be an economist, but I do prefer to reference actual economists
    Reading comprehension grade: F-.

    I NEVER said we were pursuing Keynesian policies in America in the 1930's. FDR and Keynes actually met, once, in the White House, and reportedly, FDR was very UNIMPRESSED with Keynes. Found him to be kind of an arrogant professor type.

    Care to try again? You're flunking, and flailing.

  4. #74
    Scucca Æthelfrith's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    Reading comprehension grade: F-.

    I NEVER said we were pursuing Keynesian policies in America in the 1930's. FDR and Keynes actually met, once, in the White House, and reportedly, FDR was very UNIMPRESSED with Keynes. Found him to be kind of an arrogant professor type.

    Care to try again? You're flunking, and flailing.
    Its not difficult. The comment "[t]he complaint against Keynesian policies in the 1930's" is drivel as there weren't any Keynesian policies in the 1930s. You were probably going to pretend there were until I referred directly to scholarly analysis.

    Given you think Friedman's analysis into the Phillips Curve is relevant stuff, your reaction doesn't surprise me. Golly gosh, that's rational expectations for you...

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