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Reply #100: Are you also aware of some other things [View All]

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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 06:45 PM
Response to Reply #85
100. Are you also aware of some other things
Like the fact that real world wages have been declining for the past thirty plus years? Like the gap between the wealthy and the rest of us reached a record breaking chasm under Clinton, and has been climbing ever since? Like the fact that we have record breaking defecits, which in and of themselves can slow growth significantly, or even reverse it? Like the fact that there has been a quiet but systematic destruction of the legal framework put in place after the Great Depression, to prevent another Great Depression, and that this dismantling has been going on for a decade now? Like the fact that unemployment numbers have been deliberately skewed and worked over in order to make our unemployment picture look much rosier for the past twenty years? And that some experts say that this covers up the fact that our real unemployment rate is at greater by at least fifty, and even one hundred percent, thus putting our real unemployment rate at roughly ten percent? That our financial markets have been artificially toyed with, pumped up, dumped off, etc. for the past twenty five years, and that is only what the government and corporate whistleblowers will admit to, there might be much much more? Like the fact that the wealth of this nation has been systemactically concentrated into an ever smaller, record breaking smaller, group of people.

You say that you know all of this, yet you still claim, despite the fact that this all is almost the same sort of setup that led to the Great Depression, that there is no way we can have another Great Depression? Damn friend, I want some of the drugs that you're on, for I too need that great reality escape.

Prove it then, I've been asking you to do this all day, plain and simple, prove it. No vague mutterings, no pious platitudes, no suspension of disbelief. Prove it, in black and white, with reputable sources. I've asked you to do this time and again today, yet you have evaded and dodged the question, or simply repeated the same thing over and over. So please, prove me wrong, OK?

Until then I'm going to go with my perceptions and conclusions, for I know that they are backed by sound economic theory, historical reality, and many educated sources. So let us see you do the same. I'll be waiting, for a long while I suspect.
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