Speakeasy forum

General discussion

368 Economists Against Kerrynomics

by Evie / October 13, 2004 1:55 AM PDT
368 Economists Against Kerrynomics

Leading economists have a message for America: ?John Kerry favors economic policies that, if implemented, would lead to bigger and more intrusive government and a lower standard of living for the American people.?

That was the conclusion released in a statement Wednesday by 368 economists, including six Nobel laureates: Gary Becker, James Buchanan, Milton Friedman, Robert Lucas, Robert Mundell, and ? the winner of this year?s Nobel Prize in Economics ? Edward C. Prescott. The economists warned that Sen. Kerry?s policies ?would, over time, inhibit capital formation, depress productivity growth, and make the United States less competitive internationally. The end result would be lower U.S. employment and real wage growth.?

Consider Kerry?s spending and tax proposals. Kerry claims he wants to balance the federal budget, but as the Washington Post pointed out last August, ?Sen. John F. Kerry?s pledge to reduce record federal budget deficits is colliding with an obstacle that may be growing higher by the week: his own campaign commitments.? In fact, Kerry?s spending proposals would add an estimated $226 billion annually to federal spending. To put this in perspective, $226 billion is roughly equal to the gross domestic products of Greece or Sweden....


Evie Happy
Discussion is locked
You are posting a reply to: 368 Economists Against Kerrynomics
The posting of advertisements, profanity, or personal attacks is prohibited. Please refer to our CNET Forums policies for details. All submitted content is subject to our Terms of Use.
Track this discussion and email me when there are updates

If you're asking for technical help, please be sure to include all your system info, including operating system, model number, and any other specifics related to the problem. Also please exercise your best judgment when posting in the forums--revealing personal information such as your e-mail address, telephone number, and address is not recommended.

You are reporting the following post: 368 Economists Against Kerrynomics
This post has been flagged and will be reviewed by our staff. Thank you for helping us maintain CNET's great community.
Sorry, there was a problem flagging this post. Please try again now or at a later time.
If you believe this post is offensive or violates the CNET Forums' Usage policies, you can report it below (this will not automatically remove the post). Once reported, our moderators will be notified and the post will be reviewed.
Collapse -
Have you seen this covered in the news?
by Kiddpeat / October 13, 2004 2:55 AM PDT

I guess it must not be REAL NEWS! Imagine, the dummy knows more about economics than the respected Senator from Massachussetts. That can't possibly be true or newsworthy. Right? Wink

Collapse -
(NT) (NT) Yep! And they aren't 'real' Nobel prize winners either
by Evie / October 13, 2004 3:20 AM PDT
Collapse -
Re: (NT) Yep! And they aren't 'real' Nobel prize winners ei
by Dragon / October 13, 2004 7:56 AM PDT

Im always a little "wary" of Nobel prizes for economics or peace...

Collapse -
Re: Have you seen this covered in the news?
by EdH / October 13, 2004 3:23 AM PDT

If you watch any of the financial programs this is what they say. Unfortunately most people don't watch or listen to those programs.

Oh, I forgot; only evil Repub;licasns care about money or the stock market.

"Keep 'em ignorant and they'll vote Democrat!"

Collapse -
(NT) (NT) and look for their government check in the mail.
by Kiddpeat / October 13, 2004 10:41 AM PDT
Popular Forums
icon
Computer Newbies 10,686 discussions
icon
Computer Help 54,365 discussions
icon
Laptops 21,181 discussions
icon
Networking & Wireless 16,313 discussions
icon
Phones 17,137 discussions
icon
Security 31,287 discussions
icon
TVs & Home Theaters 22,101 discussions
icon
Windows 7 8,164 discussions
icon
Windows 10 2,657 discussions

CNET FORUMS TOP DISCUSSION

Help, my PC with Windows 10 won't shut down properly

Since upgrading to Windows 10 my computer won't shut down properly. I use the menu button shutdown and the screen goes blank, but the system does not fully shut down. The only way to get it to shut down is to hold the physical power button down till it shuts down. Any suggestions?