One economic model correctly predicted the problems and the reasons for them.
The real reason that the Austrians are ignored is that so many groups benefit from the corrupting dogma of King Keynes. That corruption in universities now extends so far as to select for Keynsian students because most jobs for economists are government jobs or jobs in businesses that are government dependent.
Since no government wants an economic model that requires the government to stop spending money like a drunken community organizer, no economists who tout the Austrians get hired and therefore, since even an economist must eat, they tend to study Keynes.
A self reinforcing death spiral
Of course it's so...how do you account for those profits in the first place? Come on now...profits are good...they can pay dividends to shareholders and they feel SOOOO good to sit on in times of "uncertainty".
Not to piss in anyone's Wheaties.....
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And to think that we could have eliminated that "moocher debt" if we'd only let the worker pay keep pace at the rate of CEO pay. Funny thing about xUT's graph...if it weren't for the group on the far left side of the chart, the middle and far right wouldn't have had been able to enjoy THEIR level of increase.
Also....xUT's chart shows ACTUAL figures...your's is show projected figures.
Ding Ding Ding...a BIGGER Dumbass alert...my comments were comparing xUT's chart, which is 1978 thru 2011 (actual data) to dells chart, which PROJECTS debt numbers.Ding Ding Ding, Dumbass alert.
How is it possible to show actual debt numbers for 2014? That would be like Ms Tree finding Jesus!
PS: the blue color is historical data, while the red is projected for future years. What happened? Get blinded by Al Gore's carbon footprint?
And to think that we could have eliminated that "moocher debt" if we'd only let the worker pay keep pace at the rate of CEO pay. Funny thing about xUT's graph...if it weren't for the group on the far left side of the chart, the middle and far right wouldn't have had been able to enjoy THEIR level of increase.
Also....xUT's chart shows ACTUAL figures...your's is show projected figures.
But hey, it came from usgovernmentspending.com so it must be true.
I think I saw it on commieblaster.com too
😱
Jesus Christ.....you miss his starts at 1978 and mine 2007?
You're right on top of it like a progressive should be.....![]()
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How is it possible to show actual debt numbers for 2014? That would be like Ms Tree finding Jesus!