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The Unparalleled Success Of Supply Side Economics . . . In Pictures.

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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:28 AM
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The Unparalleled Success Of Supply Side Economics . . . In Pictures.






























“Ever Get the Feeling You’ve Been Cheated?” – Johnny Rotten
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TomClash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:32 AM
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1. Good photos
One tiny moan: Friedman wasn't a supply-sider. He was a monetarist.

Bob Mundell created supply side economics.

Both are abject failures.
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:39 AM
Response to Reply #1
3. That doesn't by ANY means let Uncle Milty off the hook.
Edited on Tue Mar-03-09 08:40 AM by HughBeaumont
Using parts of South America as the playground for his failed and quite predatory ideas, the US corporatists adopted the worst of Friedman's ideas and created a permanent ideology among American business leaders since the mid-70s . . . a plague which will kill America's prosperity unless we get rid of it, and FAST.
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TomClash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:00 AM
Response to Reply #3
6. Who said it did?
I only said he was a monetarist and an abject failure.
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livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:33 AM
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2. Excellent! Nice job putting this together
:toast:
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:41 AM
Response to Reply #2
4. How is insanity defined?
I think it was something like "trying the same failed thing again and again and again and expecting a different result each time" . . . I might be paraphrasing just a bit. :toast:
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livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:52 AM
Response to Reply #4
5. That's the definition I remember
and I think the GOP is finally starting to see the light. They are desperately hanging onto shreds of their ideology and hoping Saint Reagan will rise from the grave to show them the way.
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elZaphod Donating Member (5 posts) Send PM | Profile | Ignore Tue Mar-03-09 09:10 AM
Response to Original message
7. Fear is unwarranted, we will rise again stronger and with better hair
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