General

Re: stupid comments you see on youtube, facebook, etc.

Samuel Smith — Thu, 08 Nov 2012 13:54:48 GMT

Just saw this on a forum that I frequent (he wasn't responding to me) (bolded is mine)

I don't understand. We are a capitalist country through and through. Are you saying Obama is going to change our economic system? How, when corporations pretty much run the United States? I don't see how that's even close to possible.

Re: stupid comments you see on youtube, facebook, etc.

Neodoxy — Wed, 07 Nov 2012 17:50:20 GMT

Wheylous,

Well of course there's the everlasting debates surrounding the extent of the multiplier vs. crowding out which go on constantly in academia.

Re: stupid comments you see on youtube, facebook, etc.

Groucho — Wed, 07 Nov 2012 17:47:31 GMT

@Neodoxy

But our trolls can't compete - we need a level playing field!

Re: stupid comments you see on youtube, facebook, etc.

Wheylous — Wed, 07 Nov 2012 17:40:27 GMT

Oh, alright, I thought you were talking about neo-Keynesianism.

Re: stupid comments you see on youtube, facebook, etc.

Neodoxy — Wed, 07 Nov 2012 17:36:54 GMT

@Wheylous

It's common knowledge that classical Keynesianism began to die in the 70's with stagflation. Friedman finished it off. It still exists, definitely, but it's much more "Neo-Keynesian" in nature.

EDIT

Groucho,

It's always more efficient to divide labor. I don't need your protectionist fallacies.

Re: stupid comments you see on youtube, facebook, etc.

Groucho — Wed, 07 Nov 2012 15:23:59 GMT

fegeldolfy:

i thought it would be good to have a thread where we can post all the stupid comments we see on youtube,facebook,etc.

Oh please no. The forum gets more than its share of stupid from stsoc and Birthday Pony's aliases. There's no need to outsource.

Re: stupid comments you see on youtube, facebook, etc.

Wheylous — Wed, 07 Nov 2012 15:12:41 GMT

You said Keynesian policies are highly debated. Support the statement.

Re: stupid comments you see on youtube, facebook, etc.

Neodoxy — Wed, 07 Nov 2012 14:54:51 GMT

I'm sorry Wheylous I don't understand your question. Could you restate it?

Re: stupid comments you see on youtube, facebook, etc.

Wheylous — Wed, 07 Nov 2012 13:31:40 GMT

Neodoxy, why do you think it's highly debated?

This (http://bastiat.mises.org/2012/11/fiscal-stimulus-or-fiscal-depressant/), or something related to monetary policy?

Re: stupid comments you see on youtube, facebook, etc.

Neodoxy — Wed, 07 Nov 2012 07:47:07 GMT

Is that improper usage of the word "deluded" to? Wouldn't it have to be "you have been deluded" since "deluded" is a past tense of a verb? It's also great that he thinks that Coolidge deregulated... Coolidge didn't do shit besides poison alcohol :P... It's also flat out idiotic to say that Keynesianism has been thoroughly proven when it's highly disputed in macroeconomics today and classical Keynesianism has been almost entirely cast aside.

Anyway, this thread has great comedic potential. Keep em coming. Just a shame this didn't come out before the election. Facebook was... Fascinating, to say the least, over the past few weeks.

stupid comments you see on youtube, facebook, etc.

fegeldolfy — Wed, 07 Nov 2012 05:39:31 GMT

i thought it would be good to have a thread where we can post all the stupid comments we see on youtube,facebook,etc.

Here's one I found on an FDR video:

With respect, sir, you are deluded. The boom of the 20s was entirely caused by victory in WWI and the expansion of production of personal rather than capital goods; extreme deregulation under Coolidge brought on the depression. The depression was largely over by '37, but budget hawks forced a premature end to government spending, exactly as they are doing now. Keynesian economics: 90 years old now, and the most empirically proven economic system ever devised.

1936 was 90 years ago.