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This is a good article about the descent into econ fantasy in the U.K. Note there's no complaint about Hillary --no mention of how her war on employers is supposed to increase employment.

btw, Cruz never said he wants to return to the gold. standard.

1 posted on 02/28/2016 4:40:13 AM PST by expat_panama
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To: expat_panama

How’s that NIH thing working out Telegraph?


2 posted on 02/28/2016 4:42:58 AM PST by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: expat_panama

Here’s apparently what he said.

Sen. Ted Cruz said Wednesday night he has “deep concerns” about the Federal Reserve and it should be audited.

“I think the Fed should get out of the business of trying to juice our economy, and simply be focused on sound money and monetary stability, ideally tied to gold,” he said during the Republican presidential debate. Instead we spend out future into oblivion.

“Ideally” is a long way from demanding it. And “ideally” we should be on the gold standard where you can’t just print more money and force actual budgets with tough choices to be made.


3 posted on 02/28/2016 4:54:20 AM PST by DB
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To: expat_panama

The gold standard is not nonsense, but sound money. It is in the Constitution and Roosevelt took us illegally off the gold standard.


4 posted on 02/28/2016 5:08:27 AM PST by Stepan12
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To: expat_panama
"...America's tragic descent into fantasy economics..."

Funny how they can write this completely with a straight face, how terrible Cruz and his silly gold standard, and Trump with his nonsensical protectionist tariffs are so insane as to make discussion embarrassing.

And Bernie Sanders, well, the most ridiculous thing the author came up with is his stupid growth rate. Really? That's it? I guess one isn't allowed to call out someone who bases his entire policy on socialism, because...well, socialism isn't really the problem, is it? They just haven't done it right yet.

And no mention of Hillary.

But even more egregious is no mention of Obama and his policies that have resulted in tens of millions so far out of work they aren't even looking any more, nor the wild, out of control government spending and growth of government. But that isn't any surprise, coming from the Telegraph.

But when I saw the title, I thought perhaps they might talk about the Soviet style reporting on the health of the economy by the liberals who have destroyed it. But no.

5 posted on 02/28/2016 5:26:46 AM PST by rlmorel ("Irrational violence against muslims" is a myth, but "Irrational violence against non-muslims" isn't)
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To: expat_panama

It’s scary!

Brits are always scared. They’re all shaking with fear about Trump on FB. What’s wrong with them?


6 posted on 02/28/2016 5:37:04 AM PST by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
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To: expat_panama

Getting economic advice from Europe is like getting child raising tips from a pedophile.


9 posted on 02/28/2016 7:39:04 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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