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Top Economic Rankings Best Economic Policies
Crimson Politics ^ | 2/16/09 | Brian Kane

Posted on 02/16/2009 4:05:51 PM PST by Crimson Politics

The economy is a very difficult subject to understand, everyone thinks their method is best. The problem being that the economy is such an open system that it is hard to determine for sure the best economic policy which would result in the best economy as well as the best society.

(Excerpt) Read more at crimsonpolitics.com ...


TOPICS: Business/Economy; Government
KEYWORDS: democrats; economy; porkulus; socialism
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To: Uncle Miltie
In case it isn't obvious, Tax Cuts give people more spending money, which proves government "Investments" with the tax dollars are not effective at increasing income. This from Canada.


21 posted on 02/16/2009 5:11:49 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Crimson Politics
Now I'll surely get a response:


22 posted on 02/16/2009 5:15:37 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Uncle Miltie
Growth and Free Trade go together:


23 posted on 02/16/2009 5:16:55 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Uncle Miltie
Hard money matters. Inflation is associated with (and I'll say causes) contraction. Helloooooo Ben Bernanke!


24 posted on 02/16/2009 5:21:30 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Uncle Miltie
Removing Government Regulation cuts prices.


25 posted on 02/16/2009 5:25:33 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Toddsterpatriot

Whole bunch of economics over here for your consideration.

I see you caught my JasonC post. LOL!


26 posted on 02/16/2009 5:33:46 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Uncle Miltie

Don’t show that one to the protectionists. Not that they’d understand if you did.


27 posted on 02/16/2009 5:45:38 PM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: Uncle Miltie

All those charts...it’s like I’m back in undergrad.

Kegger tonight?


28 posted on 02/16/2009 6:12:07 PM PST by Petronski (For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
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To: Uncle Miltie

Excellent charts and graphs man, really good stuff!
However, the Economic freedom & Political Freedom one is not true, completely false (it’s somewhat of a correlation not cause-effect).


29 posted on 02/16/2009 10:01:05 PM PST by Crimson Politics
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To: Crimson Politics

Agree that correlation is not causation, thus the careful wording “go hand in hand.”

Historically, it is difficult, but not impossible, to have economic freedom and not political freedom. They tend to “go hand in hand” because a) economically free people tend to assert their political rights, and b) regimes willing to allow freedom in one sphere tend to allow it in both.

China is of course the major historic example to the contrary. Almost by naming China as the anomaly, it proves the rule.

Nonetheless, your point is correct and well taken. The graph does not show that political freedom causes growth, wealth or income. I looked for that precisely, having a recollection of seeing it before, but it did not pop as a graph in Google. Perhaps my recollection is faulty. Thus the weaker correlation rather than causation argument.


30 posted on 02/16/2009 10:08:01 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Uncle Miltie; Crimson Politics
impossible, to have economic freedom and not political freedom

Consider fact that economic freedom means being free to feed ourselves, provide for our families, support our religions.  Economics is a really big part of life. 

OK, China is an anomaly, so we can look closer and see first it's finally growing economically now that it's finally also opening up other freedoms, and second that it failed for decades to have one without the other.

31 posted on 02/17/2009 3:15:30 AM PST by expat_panama
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To: Crimson Politics

BUMP!

NASDAQ DOWN 261.25 points and quickly falling this morning...

http://www.nasdaq.com/


32 posted on 02/17/2009 7:41:37 AM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Uncle Miltie

But there is positive causation related to the negative of the 2 freedoms. What I mean is that history has not proven that economic freedom always leads to broader political & personal freedom, but it has proven that central planning leads to broader types of oppression.

Central economic planning (whether it’s socialims, fascism, communism, etc) invariably fails its stated goals, leading the arrogant central planners to become increasingly more oppresssive and to expand its areas of control.

Freedom must be earned with each generation.


33 posted on 02/17/2009 10:53:11 AM PST by sanchmo
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