openmarket.org — President Obama says that "There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy." 200 economists, including a Nobel Prize winner, respectfully disagree. They say cutting taxes and the size of government would better serve the economy than the proposed spending bill.
Jan 28, 2009 View in Crawl 4
Closed AccountJan 28, 2009
Are the economist pro-monetary or pro-resource based economy? If they are for a resource base economy, then I would say it is quite a biased disagreement.
Closed AccountJan 28, 2009
If you haven't realized it, "Lower tax rates and a reduction in the burden of government" is another way to say "inflate the dollar and cut jobs". We need to shift the tax on services to tax on transactions. That isn't the complete answer, but it fixes what is larger portion of what is wrong now.
xanderdeeJan 31, 2009
So does it take a professional to figure out you can't spend money you don't have by printing it? Got Gold?
beautyonJan 31, 2009
You would think that economists would ACT and design and deploy a currency to virally wipe out the Federal Reserve Note...but no, its more of the same feel good drivel. Their power lies in their understanding of all the facts behind the crisis. They are uniquely positioned to produce a remedy. If it is designed correctly, no force in the world would be able to stop it. Like the internets, this new currency would simply become an indispensable fact of life, uncontrollable, unregulatable and immune to interference by authority. Like the internets, interfering with it would destroy peoples ability to do business; even congress critters are aware that interfering with the internet might cause business to suffer. This is the way they should be thinking!
jaymzdeanFeb 1, 2009
We've been operating under a system of mercantilism, not free-market capitalism, like you've been told.When communists attack our failing system as a free-market, they reveal their dominance over straw men.
Closed AccountFeb 1, 2009
Free market didn't cause this. Interventionism caused this. Blame Clinton.
Closed AccountFeb 9, 2009
Made me laughSoooo trueI am tired of calling and emailing!