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hack saws
"T]he eternal ambition of Robin Hood economics is to steal money from those who earned it and "redistribute" it to those with more political clout."
if you want to know why
alan reynolds
isn't selling aluminium siding
its lines like thatin fact its a nice match up
when a real fast word
pitcher like delong enters the ring with hima real baby face vs rube
match it ain'tdelong will throw behind your head...
but when
au combat
they both can twist a phrase
around a subject's neck
till it hits
all the high notesmaria i'm beginning to like your take
on economic policyto bad you're dazzled by merit seals
like delongwhen i think of
chaps like delong on the one sideand mankiw on the other
i'm reminded
by both of them
clever ambition often bests sagacity
particularly
over the first quarter milebut maybe
the race is longer then that ??but hey
they gave
a nobel bank prize
to prescottso what do i know
maybe its only
a quarter mile
to the abysmal edge
of this flat earth we're now on"this Chinese currency policy
is highly beneficial
to US consumers
and it is keeping
US inflation lower
than otherwise"
this is what comes
of an obsession with consumptionthe paradigm where the ouch comes from
is the implicit movement of production jobs
from
the great elsewhere
to chinathat great else where includes
US
obviouslyhere where the chinese forex fiddle subsidy
gives us walmart prices
we also get
the prospect of Delco lay offs
and massive wage rate cutsbtw
my guess mr R
is here
actually "defending" walmart
profitsnb not thru higher margins
but higher volumeof course they're passing the savings thru to us
Posted by: slink | Dec 17, 2006 10:04:16 AM
"The only thing
that the workforce should do
is pack up their personal belongings
into a cardboard box
and leave quietly
one at a time"great line
too bad its sarcasm is lost
on the autistic acolytes
of wide open us markets
that
de facto
means
a "free hand for trans nats"
who's patriotism stops
at the trade related
unemployment line
Posted by js paine at December 17, 2006 07:14 PM