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@tadcf Unfortunately, the average liberal is ignorant enough to believe this is a valid point.
1 year, 10 months ago on “Farewell sex” to be legal as Arab Spring continues to flower in Egypt
Not that I have any evidence, but what comes to mind is that this law could be another way out for abusive husbands. If a woman resists her husband and he rapes her, any threat of going to the police and making the rejection public knowledge could be taken care of by killing her, with any injuries being explained by 'farewell sex'.
Democrats have been accusing Republicans of being the party of No for a few years now. Someone finally realized they were being inconsistent, as the liberal standard is accuse their opponents of whatever tactic the Left was actually using (preventing legal voting, racism, ruining heath care, illegal military action, intentionally damaging the economy, etc). Reid's actions were a necessary and importatnt step.
1 year, 10 months ago on Reid: “No Keystone for you!”
@jpm100 There's a reason the vast majority of reports on oil company finances focus on the raw profit number with no reference to total sales. The actual profit margin (percentage wise) is near the average when compared to other industries, and most of the improvement in profits over the decade before the recession was in refining. Likely reasons:
A) Oil is fungible
B) A new gas station is relatively easy to open in a few months. Even though it takes a long time to set up a new company to pull from the ground, some companies and countries can ramp production up and down relatively quickly depending on prices because it's easy to let a well sit until prices rise. There was no fast way of adding capacity because of the amount of equipment needed and the regulations meant they are inherently large and no company would want one sitting idle. You don't see many mom-and-pop refineries, but there are people that have oil wells in their yard or own just a single gas station.
With the recession, there is some refining capacity available, so that profit margin has tightened the last few years.
1 year, 10 months ago on Scapegoating oil speculators–Obama counts on public’s economic ignorance to shift blame for high gas prices
"Certainly, many Baby Boomers are choosing to retire.."
According to the Census Bureau, the percentage of people over 65 participating in the labor force went up since the start of the depression, meaning ALL the jobs losses in chart 2 were people of 'normal' working age.
1 year, 10 months ago on Unemployment: The myth and the reality
@scotterb That first graph shows that income grew for ALL in the last thirty years, meaning even the poor are better off now than before. It also shows that success was rewarded. You just showed that the income part of the system worked perfectly.
With income up among all brackets, why is the government in so much debt? Evil tax cuts must have shrunk the tax collections -except that tax income hit its peak after the Bush tax cuts went into effect. If not income, the only thing left to blame is spending.
1 year, 10 months ago on Obama: Doubling down on economic ignorance
"Rev. Jeremiah Wright makes the point that he’s never changed his preaching style and that Obama listened to that preaching for 20 years. Who is lying here?"
If only there was some written record of Wright's leanings from before 2008 - like maybe a church bulletin that supported Hamas
Or one that tried so hard to push a racist narritive that it would claim that CBS (you know, the guys that broadcast forged documents to slander the Republican candidate) was run by right-wing consevatives
1 year, 10 months ago on Saturday Link-O-Rama
@Neo_ Hundreds of MWD have been found in Iraq since 2003, so you may want to choose another example.
1 year, 10 months ago on Former NASA scientists and administrators denounce current NASA and GISS climate change stance
The narrative reply would be that a large number of baby boomers decided it was time to retire (either from just getting older or because Bush's destruction of the economy.) In reality, a higher percentage of the people over 65 are working now than before the recession.
Does anyone know if FRED, or any other govt agency, has done a similar chart showing people of 'normal' working age? The data is here in chart 597, but a graph made by me wouldn't be as influential, even using the same data.
1 year, 11 months ago on Quote of the Day: Unemployment reality check edition
@Neo_ @Neo_ It would still be labeled activism. There are many on the left that blame Republicans for impeding Obama via filibuster even in the first two years when it was impossible for them to so.
1 year, 11 months ago on The liberal shock at the collapse of ObamaCare’s “Constitutional” arguments
@CaptinSarcastic For my last comment, I picked the one study the that the authors picked to base the article on - the one that the authors conducted. Other articles were mentioned as references.
The article also clearly states that the studies that corroborate their data also deal with the effect of extra money coming into a region -
"A number of other authors have recently exploited other sources of sub-national variation in spending to estimate similar relative multipliers."
The studies deal with effect on GDP of the region that gets the money. That is only part of the equation when detrmining if the stimulus had a positive effect on the national economy, as the money had to come from somewhere.
2 years ago on Had Christy Romer gotten her way, the stimulus could have been much worse
CaptinSarcastic THE conclusion of the article is different from, and is not supported by, THE study done by the researchers.
CaptinSarcastic The bulk of the article was that the authors' study showed that stimulus does have an output multiplier for the region that gets the money. That was then expanded out of context, with no basis from the study, to claim that the stimulus had an overall positive effect at the national level. I showed why looking only at the GDP of the region that gets the stimulus doesn't correlate to a net gain for the area paying for it. The cities weren't central to the point. If Detroit is too far gone, then pick ANY two cities or states that do have a sound economic foundation and use them for the example. By your theory, they should be able to spend each other out of their slump, but none of them actually have.
Basically, I read for comprehension; you just found a conclusion you supported and breezed over the rest.
CaptinSarcastic kyle8 The economists cited in the link don't believe that a "vast majority" agree with their opinion "The professional opinion of economists regarding this question is sharply divided..." with many economists on each side. What the linked article doesn't show (partially because of the absence of study the conclusions are based on) is a single instance where massive government spending had a overall positive effect for the economy that paid for the spending. It only states that outside money has a multiplier effect for the area that gets the windfall.
The author's study, and the corroborating studies they cited, all involved money coming from outside the local area where the 'multiplier' was noticed, without regard for what the negative effect was for the area that made the payments. The US Government isn't getting free money from outside to spend for a stimulus. It is either collecting it from it's citizens, or taking a loan in the form of treasuries. To get the money from citizens, with a multiplier of 1.5, requires the government to get 66% of that additional GDP from taxes, meaning tax increases (unless the effective rate was already at 66%). Treasuries are effectively a loan the government has to pay off with interest. At current rates, a 30-year bond for $1,000 costs the US government a total of $1,564; more than the total claimed GDP boost of the stimulus.
If government spending really helped more than it cost, why haven't any cities or states figured it out yet by sending money to each other? Detroit could spend $10 million on Cleveland, and vice-versa, resulting in both cities having improved economies. In a year or so they could repeat the process with larger sums of money, and just continue until both cities are prosperous.
scotterb Erb's abanbonment of logical thinking already made it clear he needs a geometry class, but now it seems he hasn't had the necessary prerequisites. Saddam killed about 500,000 people in the time between the liberation of Kuwait and the 2003 invasion (and Erb has been given several souces for that data on numerous occasions). That number is far greater than the estimated 100,000 killed since we invaded in 2003. In fact, the entire population of Iraq isn't hundreds of times higher than the number Saddam killed before the US got involved. This goes beyond unsopprtable to utter fantasy. Since Erb has problems with basic math, I'll throw him a bone -200 x 500,000 = 100,000,000 (that's 100 million) The population of Iraq is roughly 30 million.
Libya, in addition to being being done illegally (like Erb falsely claimed for Iraq), and having an increased number of casualties after we got involved, is resulting in people worse than Qaddafi in charge.
2 years ago on Meanwhile in Libya …
scotterb In Libya, civilian casualties were five times higher once the US got involved than they were before we started bombing the country. In Iraq, the number of civilian casualties has been five times lower since we invaded than it was the decade prior.
Yet someone that claims to be a pacifist on the basis of valuing life argues in favor of the actions that greatly increased the number of dead and against actions that reduced casualties. How utterly hypocritical.
"Why has the collapse of Communism had so little impact on political discourse in the West?"
Because that would mean thousands of people like Erb, whose lives and world-view are tied to support of socialism, admitting they were wrong. The evils of colletivism were apparent long before communism fell, so it already took a hearty suspension of reality and refusal to accept logical thinking to support socialsim to begin with, and they aren't going to become honest and thoughtful overnight. In addition, there are many who have seen that their own little pet project can be provided by the government with little harm to everyone else, so they think it's okay on a small scale without ever realizing what the combined effects of a thousand pet projects are. Once you fudge with the principles, it's all just a matter of scale.
2 years ago on Why has the collapse of Communism had so little impact on political discourse in the West?
scotterb If the evidence supported climate change, there would be no need to point to consensus, there would be actual proof. In Germany, the government agreed to severe spending cuts (over the objections of the Obama administration) because it realized that government spending and debt is a problem, even though their debt per worker is about half of what it is for the U.S.
2 years, 1 month ago on A comparison of catastrophic scenarios
scotterb No, the 90's and 00's proved that low taxes can increase revenue and that government interference can cause a bubble to get dangerously large. After the Bush tax cuts went into effect, the government's tax revenue went up. The increases in government debt came becuase spending increased greatly. The dot com bubble was severe for the companies and workers directly involved, but had limited impact outside of them because it was market driven. The housing bubble was driven by increased government regulation, and has had a much more widespread and damaging effects
The only statement Erb made that might be true is that the Iraq war could have been the worst thing for our national interest in decades; but only if it can be proven that it got Obama elected. The rest is flat lies.
If Erb has any integrity, he won't be complimentary of the foreign policy acumen of the poeple that said the following about Iraq; but I suspect the rave reviews will continue, at least through the first week of November."Iraq is not a perfect place. But we are leaving behind a sovereign, stable and self-reliant Iraq, with a representative government that was elected by its people.""I am very optimistic about -- about Iraq. I mean, this could be one of the great achievements of this administration. You're going to see 90,000 American troops come marching home by the end of the summer. You're going to see a stable government in Iraq that is actually moving toward a representative government."
2 years, 1 month ago on The defense budget