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Old 05-25-2017, 02:26 PM   #354
sebastian_dangerfield
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Join Date: Mar 2003
Location: Monty Capuletti's gazebo
Posts: 26,231
Re: Mother, mother, mother - there's too many of you crying.

Quote:
Originally Posted by Adder View Post
Yes, those of us who campaigned for, donated to and voted for the other possible alternative elected this guy. Uh huh.
You're the very worst of offenders. You've never seen an argument suggesting things aren't going swimmingly in the economy that you didn't attempt to shred.

Even in yesterday's back and forth with Ty, you default to using the most blunt statistics to tout the conventional, classic economists' commentaries. These same people who see something as bizarre as Trump's election and say, "How could that have happened in a world where everything is going so well for everyone?"

The data's designed and carefully massaged to shade things in a certain direction. That direction is positive. This is not in dispute.

The only astute things I've noted in your critiques of late are the admissions the growth of the middle class from the 50s through the 90s was an aberration, and that we'll never see significant growth again in our lifetimes without another dot com bubble type of event, which is unlikely.

I doubt you grasped when writing that how much it knocks the foundations out from under so many other positions you take.

At least GGG offered the admission, "Yeah, most people are getting fucked, but we're fairly high up the ladder... and it beats Brazil!"

I agree with you and him on those points. The question I'd prefer to ponder is, "How do we deal with a world in which labor becomes increasingly unnecessary at an exponentially increasing rate?" This labor includes people doing what you and I are doing, by the way. So it is worth considering.
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