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View Full Version : Pawlenty's Wishful Thinking



Qtec
06-12-2011, 08:09 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The usual right-wingers like Larry Kudlow and the Wall Street Journal's editorial page are falling all over themselves to praise Tim Pawlenty for his "plan" to double the real rate of economic growth from its historical level of about 2.5% per year to 5% for 10 years. I don't want to waste much time on such an idiotic idea -- <span style='font-size: 14pt'>as I told a reporter, if he could actually do this he deserves not only the presidency, but the Nobel Prize in economics.</span> The truth is that there is no substance whatsoever to Pawlenty's plan <span style='font-size: 17pt'>except to essentially abolish taxation for the wealthy.</span> And doubling the growth rate is just childish wishful thinking. If there were any policies that could bring this about, every country everywhere would already be doing it.

Two points I haven't seen mentioned elsewhere: (1) According to the OECD, no county in its database has ever achieved 10 continuous years of +5% growth except Korea; a few had compounded growth rates above 5% annually for 10 year periods, but none have done so for many years and the U.S. has never done so in its history. (2) The U.S. has only once in its history gone 10 years without a recession -- the George H.W. Bush/Bill Clinton expansion that ran exactly 10 years from March 1991 to March 2001; the average postwar expansion only lasted 5 years.

ADDENDUM

Larry Kudlow makes a fool out of himself gushing over Pawlenty's "plan." </div></div> link (http://www.capitalgainsandgames.com/blog/bruce-bartlett/2266/pawlentys-wishful-thinking)

Q

cushioncrawler
06-13-2011, 03:18 AM
There iz no Nobel Prize in Krappynomix.
And never will be.
mac.

LWW
06-13-2011, 04:12 AM
Why are these moonbat crazy claims surprising?

All the left's leaders need do is through out some wild and/or crazy claims and folks like you will lick the spoon clean and regurgitate it on command.

Remember ... Reagan would start WWIII, instead he toppled the USSR without firing a shot. Bush I was going to make seniors do without food. Dole was going to take a away Social Security. Bush II was going to take away MEDICARE. McCain had a health care plan that would destroy the system ... and then Obama co-opted it and you swore it was good.

hondo
06-13-2011, 06:57 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">Why are these moonbat crazy claims surprising?

All the left's leaders need do is through out some wild and/or crazy claims and folks like you will lick the spoon clean and regurgitate it on command.

Remember ... Reagan would start WWIII, instead he toppled the USSR without firing a shot. Bush I was going to make seniors do without food. Dole was going to take a away Social Security. Bush II was going to take away MEDICARE. McCain had a health care plan that would destroy the system ... and then Obama co-opted it and you swore it was good. </div></div>

2012:
Obama vs. Pawlenty. Hmmm.

Qtec
06-13-2011, 07:07 AM
YES PLEASE.

Q

Gayle in MD
06-13-2011, 12:22 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">YES PLEASE.

Q </div></div>


Bravo! Yes, yes, yes, AND any of them will do, Pawlenty, Palin, Bachmann, or Romney. President Obama would smash all of them.

G.

Soflasnapper
06-13-2011, 01:47 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">Why are these moonbat crazy claims surprising?

All the left's leaders need do is through out some wild and/or crazy claims and folks like you will lick the spoon clean and regurgitate it on command.

Remember ... Reagan would start WWIII, instead he toppled the USSR without firing a shot. Bush I was going to make seniors do without food. Dole was going to take a away Social Security. Bush II was going to take away MEDICARE. McCain had a health care plan that would destroy the system ... and then Obama co-opted it and you swore it was good. </div></div>

Not sure which way you mean that...

That PAWLENTY'S making moonbat crazy claims? (I agree with that.)

That his CRITICS are making them? But his critics include everyone, as NOBODY believes that is remotely possible, prolly not even him.

Gayle in MD
06-13-2011, 03:11 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">Why are these moonbat crazy claims surprising?

All the left's leaders need do is through out some wild and/or crazy claims and folks like you will lick the spoon clean and regurgitate it on command.

Remember ... Reagan would start WWIII, instead he toppled the USSR without firing a shot. Bush I was going to make seniors do without food. Dole was going to take a away Social Security. Bush II was going to take away MEDICARE. McCain had a health care plan that would destroy the system ... and then Obama co-opted it and you swore it was good. </div></div>

Not sure which way you mean that...

That PAWLENTY'S making moonbat crazy claims? (I agree with that.)

That his CRITICS are making them? But his critics include everyone, as NOBODY believes that is remotely possible, prolly not even him. </div></div>

Can't take anyone serious when they say R. Reagan toppled the USSR!

BWAHAHAHAHAH!

What a crock!

USSR toppled themselves fighting in a land war in Afghanistan.

G.