sfjeff1089's channel

@DMAN123223 Interesting response. Hong Kong strikes me as being an economy that didn't handle the transition from export economy to being a first world economy very gracefully. It growth rate hit a brick wall in about 1989 and it has actually grown very poorly since. Interestingly Hong Kong go...

@DarkProject Good point. Dennis Kucinich supports the same sort of foreign policy as Ron Paul, but has a much more liberal domestic agenda.

But I think that progressives and libertarians could probably make more of an impact on foreign policy if we focused on making sure that local candidates s...

@BariPescara Is it then? Does that mean that you are a proponent of the idea that profit incentive is always aligned with public good? What about Haliburton going from 22nd largest military contractor to largest after its ex-CEO became vice president?

I think you should be more constructive a...

Great points on foreign policy, but the economic policy is similar to Ronald Reagan's and Warren Hardings, the latter of which caused the Great Depression. The simple truth is you can't have a healthy economy without a middle class and you can't have a middle class unless you move from the narro...

I think he flipped a sign when he talked about inflation.

@sfjeff1089 Short version. There is no natural value for our labor. We chose a level with our policy.

You can see the decoupling of wages and productivity since 1970 or so when unions lost influence if you remove the space from:

bit .ly/sOOfKq

Other free market ideals (Reaganomics) have had ...

@frionelhero Sorry to miscommunicate. We have seen over and over again that austerity measures are helpful only in the most left-wing economies and do massive harm to economies that already lean to the right. The most obvious case of this was 1920-1932 when Warren Harding's austerity measures g...

It would be nice to go into features faster. I am trying to find a greenscreen program that can autodetect background to create the greenscreen in the first place. It is frustrating watching how to fill in a web form to download.

@crazypants88 Of course state accrued debt can be blamed on the free market. Debt in the US as a percentage of GDP dropped continuously from 1945 - 1980 and then rocketed up under Reagan when he moved to free market reform.

@Uruz2012 "How $1 spent on a subsidy could magically create MORE than a dollar decrease in cost is just magical thinking." For a metaphor, think of some help given to Intel in the early seventies if it were needed or even just look at subsidies in the form of enriching Berkeley. Sometimes a lit...

@svvmichael1 Show me a single graph.

Are you saying you never heard of the bucket shops or all the fly-by-night real estate companies in the 20's? You have yet to show a single iota of proof of your position.

No, our big debt jump was in 1942 - 1945, NOT in 1939. Was war spending 0 in 1939? ...