[ale] OT: <Slashback> Kerry's policies will depress US Economy

George Johnson gljay1 at gmail.com
Sun Oct 17 20:36:00 EDT 2004


Does anybody REALLY think that Kerry could take the hit Bush did with
the terrist attack and survive?  We would still be in a major
recession while Kerry followed Clintons ways of looking for llegal
means of taking care of them.  I guess then it would be up to judge
Whopner or something.

gj


On Thu, 14 Oct 2004 21:35:46 -0400, Jim Philips <jimmyc at speedfactory.net> wrote:
> On Thursday 14 October 2004 09:25 pm, John Wells wrote:
> > http://slashdot.org/article.pl?sid=04/10/14/2359231&tid=167&tid=1
> >
> > Highlight:
> > ----
> > Warring academics , never pretty. DAldredge writes with news of another
> > side to the economic debate in academia over the plans of this year's two
> > leading presidential candidates, pointing to this "statement Wednesday by
> > 368 economists, including six Nobel laureates: Gary Becker, James
> > Buchanan, Milton Friedman, Robert Lucas, Robert Mundell, and -- the winner
> > of this year's Nobel Prize in Economics -- Edward C. Prescott. The
> > economists warned that Sen. Kerry's policies 'would, over time, inhibit
> > capital formation, depress productivity growth, and make the United States
> > less competitive internationally. The end result would be lower U.S.
> > employment and real wage growth.'"
> 
> Well, I'm sure you could find an equal number of Nobel laureates in economics
> who would say just the opposite. That's what's so great about economics.
> Which leads to the saying:
> 
> "If all the economists in the world were laid end to end...it might be a good
> thing."
> 
> 
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