6 responses so far ↓

• 1 nic // Jul 15, 2003 at 7:31 am

  Never confuse politics with economics. Here is the easy way to tell the difference—if you can stay awake long enough to hear the entire theory, it isn’t economics.

• 2 trav // Jul 15, 2003 at 9:54 am

  1) We are paying for 8 years of Clintonian largesse
  2) We are paying for a capital market implosion triggered by rampant corporate fraud fueled by anethical, unbridled greed
  3) We are paying for a war to distract us from 1) and 2)
  4) We are paying for a racket of a tax system
  5) We are paying for an election system to distract us from 4)
  6) We are paying for a welfare apparatus that ensures 5)

• 3 Robert // Jul 15, 2003 at 3:54 pm

  >We are paying for 8 years of Clintonian largesse

  trav,

  Help me out here, I’ve seen no evidence to support this claim, and I keep hearing it from folks. Can you substantiate this with any sort of facts at all?

  Seriously, honest question.

  RO

• 4 Chris Wilson // Jul 15, 2003 at 10:50 pm

  In re: #6…

  The funny part is that now the conservatives are acting like liberals, and enacting spending plans to try and endear constituants, and ensure their survival (a la medicare perscription drug plan).

  This is both why I embrace the libertarian ideals, and also fear they’ll never survive. There are too many people who are wrapped up in their selfish interests (“I don’t care if it’s going to screw everyone else, it works out well for ME”).

  What scares me even more about these kind of giant spending plans, is that once they’re there, good luck trying to get rid of them.

  That’s sort of how I feel about health care. I would actually prefer that employers NOT provide me with group health insurance, I would much rather them put that part of my compensation into cash, and I’ll buy my own health insurance.

  If people had to buy health insurance like they buy car insurance, they would make wiser decisions. Smoking, allowing yourself to become obese, these are somewhat parallel to ramming into other cars just for the hell of it. If they had to pay the consequences out of pocket like with auto insurance, people would be less likely to do them. Instead, we all collectively bear the burden, while the people making poor choices don’t incur the costs.

  Anyway, now I’m rambling.

  :wq

• 5 scotty the b ody // Sep 25, 2003 at 7:35 am

  I would really like trav to back up that statement too, Robert. What exactly do you mean by largesse, Trav?

• 6 Ad // Apr 16, 2008 at 1:42 pm

  In regards to the largesse statement and it’s resulting comments, I’d say that it’s a pretty known economic law which says the economy under a given presidential administration is directly affected by the preceding administration (e.g. Reagan—> Clinton). Now why, Trav, you arranged that item number one on your list is where I get lost….

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