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Originally Posted by Bill8
I have no interest in debating theory alone, as I said. it's puffery, and lacks predictive power, as we have all so clearly seen with the dot com crash, the derivatives crash, the commodities bubbles, and the loss of real wealth this past decade.
and I didn't see anything in your comments but further defense of academic theory that hasn't predicted real world events.
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I'm not sure how much economics you understand so unless you want me to get into the mechanics of the classical and Austrian theories and how they predicted the various crashes, I'm afraid all you're left with is theory.
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I suspected you would retreat into your world of theory. I have no objection. you are useful to me as an example of your rhetorical type.
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I don't need to "retreat" into a world of theory, it's just a useful tool on a general forum. Theory wouldn't be argued on an economics board.
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anytime you want to bring up real world proposals, go ahead. I liked your willlingness to state that we should stop outsourcing, altho you left the "how" theoretical.
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I said we should reduce outsourcing, and I thought the "how" was pretty self explanatory. Actually, I recall saying "the corporations will have to sacrifice profits for the unemployment rate to go down, and with unemployment rate going down, the efficiency and production of domestic goods will increase, as will our exports, as will consumer spending." I mean if you consider all of that "Theory", I'm not sure what you would consider as real life practicality.
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as for the world war two argument, I am restating the content and subtext of billywatsons original argument.
This was his original statement of argument, mostly editorial. I extracted his main point, which is that the US acted like a great superpower in ww2, and his following points, which is that we should be respected because of that.
What free ride? You mean the part where we liberated the free world from tyranny and fascism?
That free ride?
If you think the Russians or the Japanese or the Germans would have won WWII they would have treated the rest of the world like the US has?
Look -- we ain't perfect. That's certain...but we're the best Super Power in the history of the world, which includes The Brits and The Spanish and The French.
Wait til it's over and China is running shit. Let's see how you're feeling then.
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Ok, that's ignorant, aside from the fact that China is running shit because they are.