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Showing posts with the label disrespect for you know who.

THE TRIALS OF LIBERALISM

I will be honest. I have no more experience with macro-economics than rightwingers, though I can stumble through a definition. Here is where I, and other Liberals like me differ from our self-righteous rightwingers: we do not criticize people who have more knowledge than us. We don't disavow people with degrees, or experience because we don't agree with them. You know, like climate scientists. Many of us have actually done some reading of both sides of the macro-economic debate. Since we actually acknowledge history, we have noted a few, seemingly inescapable lessons favoring the Keynesian side of the balance sheet. Free-market economics, Laissez-faire economics, trickle-down economics, or any of the rightwing approaches to running the economy, have failed, indeed have never succeeded for any but a tiny few. It leads to austerity which leads to an economic collapse, which leads to the rise of right wing extremism and some kind of military strife.  After the Free-market economy ...