Comments on: Unemployment http://cafehayek.com/2009/11/unemployment.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189515 Anonymous Sat, 07 Nov 2009 21:31:00 +0000 http://cafehayek.com/?p=7160#comment-189515 The only squirminess is in Yasafi's brain (and yours by proxy, if you agree with his assessment). I may be the only registered Republican who is a regular at this Cafe, and about the only policies of Bush's that I've defended were income tax <B>rate</B> cuts, and on the necessity of combating Islamo-fascism. Other than those two policies, GW Bush was much more in line with Lyndon Johnson than with Ronald Reagan. Yasafi only sees party affiliation. Yasafi sees the president as a King. Had Joe Lieberman been president for the past eight years, we'd have had virtually the same domestic and foreign policy, and Yasafi would be blaming the current recession on GHW Bush. The only squirminess is in Yasafi’s brain (and yours by proxy, if you agree with his assessment).

I may be the only registered Republican who is a regular at this Cafe, and about the only policies of Bush’s that I’ve defended were income tax rate cuts, and on the necessity of combating Islamo-fascism. Other than those two policies, GW Bush was much more in line with Lyndon Johnson than with Ronald Reagan.

Yasafi only sees party affiliation. Yasafi sees the president as a King. Had Joe Lieberman been president for the past eight years, we’d have had virtually the same domestic and foreign policy, and Yasafi would be blaming the current recession on GHW Bush.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189476 Anonymous Sat, 07 Nov 2009 11:35:00 +0000 http://cafehayek.com/?p=7160#comment-189476 Yes, it's uncertainty about the Democrats and the deficits (which everyone still seems perfectly happy to finance) that's spooking business. It couldn't possibly be the recession. I know this is going to blow your mind... but a lot of the business community recognizes that deficit spending is necessary for macroeconomic stabilization right now. The business community isn't Austrian and it isn't libertarian. I'm curious how you got to that 2% figure. It's surprisingly precise for such an abstract concern. *And a note to anyone that wants to make that statement black and white or absolutist - OF COURSE I know there are some skeptics of the stimulus plan and the administration in the business community. I usually don't append that because IT GOES WITHOUT SAYING. Yes, it’s uncertainty about the Democrats and the deficits (which everyone still seems perfectly happy to finance) that’s spooking business. It couldn’t possibly be the recession.

I know this is going to blow your mind… but a lot of the business community recognizes that deficit spending is necessary for macroeconomic stabilization right now. The business community isn’t Austrian and it isn’t libertarian.

I’m curious how you got to that 2% figure. It’s surprisingly precise for such an abstract concern.

*And a note to anyone that wants to make that statement black and white or absolutist – OF COURSE I know there are some skeptics of the stimulus plan and the administration in the business community. I usually don’t append that because IT GOES WITHOUT SAYING.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189475 Anonymous Sat, 07 Nov 2009 11:29:00 +0000 http://cafehayek.com/?p=7160#comment-189475 Nothing? I voted for a Republican on Tuesday, so I'd hate for him to stumble on this blog and actually find out that I demonize him... so if you've discovered where I demonize Republicans, please let us know so I can address it. Nothing? I voted for a Republican on Tuesday, so I’d hate for him to stumble on this blog and actually find out that I demonize him… so if you’ve discovered where I demonize Republicans, please let us know so I can address it.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189473 Anonymous Sat, 07 Nov 2009 11:27:00 +0000 http://cafehayek.com/?p=7160#comment-189473 And what I don't understand is that that ideology and squirminess of reality isn't even necessary for a respectable libertarianism. I'm not sure why they do it. Maybe because they've committed and they feel like they can't back out now? I don't know. And I should say to you, muirgeo, that talking as if Republicans are economic poison is ridiculous as well. Just something to keep in mind. Some Republicans can be just like some Democrats can be, but there's nothing about the party that is inherently dangerous for the economy. And what I don’t understand is that that ideology and squirminess of reality isn’t even necessary for a respectable libertarianism. I’m not sure why they do it. Maybe because they’ve committed and they feel like they can’t back out now? I don’t know.

And I should say to you, muirgeo, that talking as if Republicans are economic poison is ridiculous as well. Just something to keep in mind. Some Republicans can be just like some Democrats can be, but there’s nothing about the party that is inherently dangerous for the economy.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189455 Anonymous Sat, 07 Nov 2009 02:26:00 +0000 http://cafehayek.com/?p=7160#comment-189455 That 2 percentage points was data obtained objectively using his trade marked Unemployometer. It's accurate to with in 0.00000001%. That 2 percentage points was data obtained objectively using his trade marked Unemployometer. It’s accurate to with in 0.00000001%.

]]> By: mesaeconoguy http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189454 mesaeconoguy Sat, 07 Nov 2009 02:25:00 +0000 http://cafehayek.com/?p=7160#comment-189454 Yes, but we’ve created or saved 27 trillion jobs. Do not listen to the negative, greedy Wall Streeters whining about their unemployment. And do not annoy the <a href="http://en.wikipedia.org/wiki/Joe%27s_Garage" rel="nofollow">central scrutinizer</a>….. Yes, but we’ve created or saved 27 trillion jobs. Do not listen to the negative, greedy Wall Streeters whining about their unemployment.

And do not annoy the central scrutinizer…..

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189453 Anonymous Sat, 07 Nov 2009 02:20:00 +0000 http://cafehayek.com/?p=7160#comment-189453 "You aren't seriously arguing that a Democratic congress that came into office in 2007 is responsible for the crash, are you?" DK No actually he was/is. And he is NOT being disingenuous Kuehn! It's the squirminess of reality smacking up with ideology... they'll say whatever it takes to maintain the cognitive dissonance. “You aren’t seriously arguing that a Democratic congress that came into office in 2007 is responsible for the crash, are you?”
DK

No actually he was/is. And he is NOT being disingenuous Kuehn!
It’s the squirminess of reality smacking up with ideology… they’ll say whatever it takes to maintain the cognitive dissonance.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189449 Anonymous Sat, 07 Nov 2009 02:00:00 +0000 http://cafehayek.com/?p=7160#comment-189449 No doubt. You know the most breathtaking hypocrisy from the left today? They cite the 3.5% GDP growth figure as somehow proof that unemployment doesn't matter! However, when it was the Bush years(pre 2007 recession) and the GDP was growing, but unemployment was static or slightly increasing they said "TO HELL WITH GDP, ONLY EMPLOYMENT MATTERS". I feel like it's 1984 every day with these folks - down the memory hole INCONVENIENT MEMORIES! No doubt. You know the most breathtaking hypocrisy from the left today? They cite the 3.5% GDP growth figure as somehow proof that unemployment doesn’t matter! However, when it was the Bush years(pre 2007 recession) and the GDP was growing, but unemployment was static or slightly increasing they said “TO HELL WITH GDP, ONLY EMPLOYMENT MATTERS”. I feel like it’s 1984 every day with these folks – down the memory hole INCONVENIENT MEMORIES!

]]> By: mesaeconoguy http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189444 mesaeconoguy Sat, 07 Nov 2009 01:28:00 +0000 http://cafehayek.com/?p=7160#comment-189444 10.2 The stimulus must be working. Otherwise we’d be at 25. 10.2

The stimulus must be working.

Otherwise we’d be at 25.

]]> By: John Dewey http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189435 John Dewey Sat, 07 Nov 2009 00:22:00 +0000 http://cafehayek.com/?p=7160#comment-189435 <em>"The bounce itself could be an upward overreaction."</em> True. Perhaps I'm being optimistic because I'm close to retirement and I need to be optimistic. “The bounce itself could be an upward overreaction.”

True. Perhaps I’m being optimistic because I’m close to retirement and I need to be optimistic.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189414 Anonymous Fri, 06 Nov 2009 23:13:00 +0000 http://cafehayek.com/?p=7160#comment-189414 yah...um, that depends if you're talking about a JFK Democrat or an Obama Democrat. Just as when talking about the GOP it matters if you're talking about a Bush or a Reagan GOP. The current Democrats are dangerous as hell. yah…um, that depends if you’re talking about a JFK Democrat or an Obama Democrat. Just as when talking about the GOP it matters if you’re talking about a Bush or a Reagan GOP.

The current Democrats are dangerous as hell.

]]> By: Sam Grove http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189410 Sam Grove Fri, 06 Nov 2009 23:01:00 +0000 http://cafehayek.com/?p=7160#comment-189410 History is always rewritten. What people are taught is never exactly, and often not even clos, to what happened. History is always rewritten. What people are taught is never exactly, and often not even clos, to what happened.

]]> By: Randy http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189408 Randy Fri, 06 Nov 2009 22:41:00 +0000 http://cafehayek.com/?p=7160#comment-189408 What gets me is that no one seems to be linking the climbing unemployment rate to the draconian legislative proposals being considered by the Congress. What gets me is that no one seems to be linking the climbing unemployment rate to the draconian legislative proposals being considered by the Congress.

]]> By: Randy http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189406 Randy Fri, 06 Nov 2009 22:38:00 +0000 http://cafehayek.com/?p=7160#comment-189406 <i>"their greatest harm years after enaction"</i> True, and their greatest harm is still to come. My belief is that this recession is entirely fallout from the New Deal. “their greatest harm years after enaction”

True, and their greatest harm is still to come. My belief is that this recession is entirely fallout from the New Deal.

]]> By: Mark http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189402 Mark Fri, 06 Nov 2009 22:24:00 +0000 http://cafehayek.com/?p=7160#comment-189402 "I never said it's not possible for a Democrat to screw up the economy. I'm saying there is nothing inherent about Democrats in power that is bad for the economy." "I never said..." Another classic Kuehnism! Backing away from earlier statements. Spoken like a true politician. Run for office, Dan! You create your own plausible deniability! “I never said it’s not possible for a Democrat to screw up the economy. I’m saying there is nothing inherent about Democrats in power that is bad for the economy.”

“I never said…” Another classic Kuehnism! Backing away from earlier statements.

Spoken like a true politician. Run for office, Dan! You create your own plausible deniability!

]]> By: Mark http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189399 Mark Fri, 06 Nov 2009 22:18:00 +0000 http://cafehayek.com/?p=7160#comment-189399 "I was refering to the money from Asia that went to an unprecedented growth in private borrowing, not the money from Asia that went to a quite reasonable and historically precedented (albeit probably still ill-advised) level of public borrowing over the last several decades." More typical Kuehn. His own lack of specificity allows him the chance to correct you. Charming. “I was refering to the money from Asia that went to an unprecedented growth in private borrowing, not the money from Asia that went to a quite reasonable and historically precedented (albeit probably still ill-advised) level of public borrowing over the last several decades.”

More typical Kuehn. His own lack of specificity allows him the chance to correct you. Charming.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189397 Anonymous Fri, 06 Nov 2009 22:16:00 +0000 http://cafehayek.com/?p=7160#comment-189397 A GOP Congress... and a Democratic president. You can slice this a million ways, Arrowsmith. You aren't seriously arguing that a Democratic congress that came into office in 2007 is responsible for the crash, are you? The point is that neither Republicans nor Democrats are inherently economic poison. People who talk like that are deluding themselves. A GOP Congress… and a Democratic president. You can slice this a million ways, Arrowsmith. You aren’t seriously arguing that a Democratic congress that came into office in 2007 is responsible for the crash, are you? The point is that neither Republicans nor Democrats are inherently economic poison. People who talk like that are deluding themselves.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189394 Anonymous Fri, 06 Nov 2009 22:11:00 +0000 http://cafehayek.com/?p=7160#comment-189394 Really? The Dems got back in charge of the Congress in Jan 2007. The recession started 6 months later and has gotten worse every single month. Interesting that the last surplus we had was back when we had a GOP Congress. Really? The Dems got back in charge of the Congress in Jan 2007. The recession started 6 months later and has gotten worse every single month. Interesting that the last surplus we had was back when we had a GOP Congress.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189391 Anonymous Fri, 06 Nov 2009 22:08:00 +0000 http://cafehayek.com/?p=7160#comment-189391 Do I? Explain. Do I? Explain.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment.html/comment-page-1#comment-189390 Anonymous Fri, 06 Nov 2009 22:07:00 +0000 http://cafehayek.com/?p=7160#comment-189390 Wow. OK, let me spell this out. I never said it's not possible for a Democrat to screw up the economy. I'm saying there is nothing inherent about Democrats in power that is bad for the economy. Wow.

OK, let me spell this out. I never said it’s not possible for a Democrat to screw up the economy. I’m saying there is nothing inherent about Democrats in power that is bad for the economy.

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