... Um, methinks that the Chicago/Reaganomics school of the theory and practice of capitalism have ignored the theory and practice of capitalism. That's why...
... bunch. ... around ... ++++++++++++++++++++++++++++++++++++++++++++++++ Yes, I remember each of those recessions well. We were trying our hands at small...
... +++++++++++++++++++++++++++++++++++++++++++++++ Yes, Daddy Bush gave an oil company to Dubya, a business in which he failed, and then bought a baseball...
... baseball. ... to ... Like Anne said, Roger, it's a baseball analogy. It means the Bush brothers were born into privilege yet believe they earned their way....
... Not to mention the "dip" in 2002 which had the effect of companies in my then region of England not hiring staff and left me temporarily unemployed....
... in ... I ... For the past few decades, the US has been in a new Guilded Age, and has fallen in love with "supply-side economics", which assumes that making...
... in my ... unemployed. In the sector I work in, communications, it was a very deep recession. Capex stopped, there were widespread layoffs and numerous ...
... has ... making ... produce ... would ... everyone ... Methinks there is no going back. The zeitgeist has changed and it is irreversible. Here in the UK,...
Jim: I have a feeling that the Rethuglican Party is just going to walk itself over some cliff somewhere. If any of them survive the fall, maybe, just maybe...
Jim and Lenny: Lenny has a point, if the Democrats behave the way they have in the past(this includes Obama, yes indeedy). However, what gives me a little...
Mike B: I've heard it said that the Republicans are farther to the right than the farthest right parties in Europe. Ugh. Anne G The Repugs version of...
Roger: Interestingly, some Americans actually do play cricket. These are usually citizens of Pakistani or Indian sub continental origin, or people who come...
Roger: The only Modigliani I've ever heard of was the painter. I've heard of lots of Millers, but none of them were economists. Anne G ... Um, methinks that...
Helen: \ I survived each one of the last three recessions, but I lost the job I had on the onset of each and every one of them. Anne G Yes, I remember each of...
Lenny: FWIW, in the past, a few extremely well-off people have actually recognized, that an economy and a society run much better when (a) people are decently...
... Much the same in the City of London except that huge numbers of them had tax dodge schemes - notably staff that had come from abroad. The City was whinging...
Roger: The roots of this recession may lie in the bursting, among other things, of the dot-com bubble. When that happened, many sad-faced people who worked...
... of lots of Millers, but none of them were economists. ... IIRC Modigliani the economist was related to the painter. I checked it out some years back. They...
... Indeed that is why Henry Ford paid his workers what were, for the time, very handsome wages. It's a lesson his descendents (biological and intellectual)...
... things, of the dot-com bubble. When that happened, many sad-faced people who worked for dot-coms came into the retail store I worked in, clutching pink...
... Yes it has, but it would be a mistake to count them out. I'm old enough to remember when the same thing, only even worse, happened to the Dems. It was...
... Yup--and the longer we can keep them from learning that, the better for all of us! And we'd better not forget that we, for our own part, are our own worst...
The problem with 'McCain' as a cause is that it is the best opinoion of political punsters that any of the other prominetnt Republicans would have done worse...
... Maybe Jim, but I guess that demographics are moving seriously against the Republicans. Moreover, parties do die or stay out of power for years. The Tories...
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