View Single Post
Old 09-30-2010, 06:30 PM  
The Demon
Confirmed User
 
The Demon's Avatar
 
Industry Role:
Join Date: Apr 2003
Posts: 7,336
Quote:
Originally Posted by Bill8 View Post
there's an inherent contradiction in your rant.

you are arguing that americans will be better off by lowering their standard of living and accelerating the income gap.
What America would be better off doing is decreasing outsourcing even at the expense of corporate profits. The economy fares much better when there is little unemployment because little unemployment=more manufacturing=more exports=less trade deficit=more consumers spending.


But we won't get rid of our debt as long as mainstream economists still exist with their keynesian bullshit. No, we'll end up defaulting on our debt, collapsing, and starting fresh.
__________________
Greed is Good
The Demon is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote