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To: Bigun
The fact that you are unable to get your mind wrapped around something does not make it "crapola".

The fact that Dr. Jorgenson, the source of that misrepresentation, has explained that prices could only fall 23% if wages were cut, says it is a load of crapola. Leaving out the fact that all these analysis assume you have to take a wage cut is misleading at best.

25 posted on 09/18/2006 12:32:33 PM PDT by Always Right
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To: Always Right
Jorgenson assumed no such thing nor is he the source of a "misrepresentation". He assumed wages would fall to simplify things for the purposes of his economic modeling software ... and he clearly pointed that out.

The fact that some assumed that he meant that would happen in real life doesn't alter the fact that he made no such prediction. We've been over that ground many times.

Please link us to the point in any of Jorgenson's work where he says something is "a load of crapola".

27 posted on 09/18/2006 12:51:22 PM PDT by pigdog
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To: Always Right
The fact that Dr. Jorgenson, the source of that misrepresentation, has explained that prices could only fall 23% if wages were cut, says it is a load of crapola. Leaving out the fact that all these analysis assume you have to take a wage cut is misleading at best.

You very incorrectly assume that Dr. Jorgensons work is the only data avaliable supporting prices drops on the order of those described by many Fairtax advocates. It isn't and you have been presented with those other sources many time and have chosen to simply ignore the data. That would appear to be YOUR problem not mine.

34 posted on 09/18/2006 2:19:49 PM PDT by Bigun (IRS sucks @getridof it.com)
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To: Always Right

Why, when reading your posts, does this (below) old addage come to mind?

If you are not part of the solution, there is good money to be made prolonging the problem.

What is your proposal - and how does it stack up against this possible solution.

PS - If you favor status quo - don't worry about the point by point comparison, it isn't needed.


65 posted on 09/19/2006 6:12:14 AM PDT by Triple
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