Republican Candidate Poll

[Kirkland Laing]

No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.

But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.

So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.

Utter utter bullshit

In what way?

Basically every which way

At least Lyle used to make an argument. He never had a clue either but at least he tried to argue back.

[walrus]

No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.

But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.

So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.

Utter utter bullshit

In what way?

Basically every which way

At least Lyle used to make an argument. He never had a clue either but at least he tried to argue back.

Yes, but I don't have the tolerance for utter nonsense that Lyle does. It would serve me better to fight windmills than trudge in such utter nonsense.