There are tons of better options than Niall if you want serious opposing analysis. Raghuram Rajan and even Mankiw come to mind. But Niall
Rogoff and Feldstein and considered "conservative" as well.
There are tons of better options than Niall if you want serious opposing analysis. Raghuram Rajan and even Mankiw come to mind. But Niall
KevM3 as the most level-headed light-skin Christian in HL - although that isn't saying much.
The rest of you heathens have no chance.
have you seen him post about women? They would throw him in the garbage without a second chance
I'm vaguely familiar with Mankiw...I know he was on Bush's team. I never heard of Rajan.
have you seen him post about women? They would throw him in the garbage without a second chance
Purposely allowing the country to go into a double-dip recession just to try and prove you are right is not leadership.
Again, you are claiming that the country would have immediately gone into recession. This is not the case. Krugman and others said there would have been a window of weeks and months before any major issues to the economy would begin to manifest.
Pardon me if I take their word over yours.
Again, you are claiming that the country would have immediately gone into recession. This is not the case. Krugman and others said there would have been a window of weeks and months before any major issues to the economy would begin to manifest.
Pardon me if I take their word over yours.
What kinda strawman is this? It's not my word first of all, it's the CBO's word I'm citing, and nobody said it would cause a recession immediately, they just said it would happen. You'd make average joes take home $2,500 less per year just to say "I'm right, they're wrong." And it wouldn't play like that with the public. It doesn't matter what polls say about issues. If you didn't budge one inch and we went over the cliff, the public would blame YOU for being inflexible, regardless of how right or wrong you think you are. So you'd get nothing accomplished and squander all your political capital. It sounds like you would be liberal Allen West. That's not leadership.
In short, the bailout program designed to help those lazy, job-averse, "water-drinking" minority homeowners the one that gave birth to the Tea Party turns out to have comprised about one percent of total TARP spending. "It's amazing," says Paul Kiel, who monitors bailout spending for ProPublica. "It's probably one of the biggest failures of the Obama administration."
The failure of HAMP underscores another damning truth that the Bush-Obama bailout was as purely bipartisan a program as we've had. Imagine Obama retaining Don Rumsfeld as defense secretary and still digging for WMDs in the Iraqi desert four years after his election: That's what it was like when he left Tim Geithner, one of the chief architects of Bush's bailout, in command of the no-strings*attached rescue four years after Bush left office.
Yet Obama's HAMP program, as lame as it turned out to be, still stands out as one of the few pre-bailout promises that was even partially fulfilled. Virtually every other promise Summers made in his letters turned out to be total bullshyt. And that includes maybe the most important promise of all the pledge to use the bailout money to put people back to work.
I don't think you get it.
The issue is not compromising, the issue is the Democrats compromising and negotiating among themselves before they ever begin formal debates with the opposition.
I also find your sense of economic sympathy very warped. You find that causing someone to miss out on $2,500 a year in payment is tantamount to some sort of economic fascism, but this is good leadership on economic matters:
?
What about the average joe and tax payer in that case?
I actually agree with what you said about Obama's negotiating prowess (or lack thereof) and have said so many times. This recent fiscal cliff thing is no exception. I didn't defend Obama's action. I took issue with what YOU said you would do.