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- Path: sparky!uunet!mcsun!uknet!gdt!mascdb
- From: mascdb@gdr.bath.ac.uk (C D Burdorf)
- Newsgroups: alt.california
- Subject: Re: relocation
- Message-ID: <1992Nov19.115307.1651@gdr.bath.ac.uk>
- Date: 19 Nov 92 11:53:07 GMT
- References: <166@steiny.com> <1992Nov18.113923.598@gdr.bath.ac.uk> <168@steiny.com>
- Organization: School of Mathematics, University of Bath, UK
- Lines: 197
-
- In the referenced article, steiny@steiny.com (Don Steiny) writes:
- >mascdb@gdr.bath.ac.uk (C D Burdorf) writes:
- >
- >>The high interest rates that Reagen imposed did a lot of damage to our
- >>industrial base.
- >
- > Reagan did not impose the high interest rates. The Federal Reserve
- >bank decides on interest rates. It is an independent part of the government.
- >They successfully controlled double digit inflation.
- >
-
- He had a chance to get rid of Paul Volker, but he reappointed him.
- It was a rubber stamp approval of high interest rates. It may have
- reduced inflation, but it also put a lot of people out of
- work and threw the economy into recession. "Voodoo" economics
- claimed that it would spur growth and increased revenues would
- pay off the deficit. It didn't work. Deficits are huge,
- unemployment is high, and growth is not happening. When you're out
- of work or have to take a low-paying service job instead of a well-paying
- manufacturing or professional job, it doesn't matter that inflation is low.
-
- >
- > That is a pretty strange thing to say. Historically open trade
- >has been beneficial. They way I see it is that US policies allowed me
- >to buy a decent car from people who were capible of making a decent car.
-
- Well, that decent car that you bought was the result of a system
- where the government supports industry as oppossed to one where
- the government has its "hands off."
-
- >Are you suggesting that it would be better to subsidize incompitence
- >by increasing tarrifs on foreign goods?
-
- Why do you have such a low opinion of American products?
-
- >During the Reagan years the
- >government did interceed because of dumping of RAM. They imposed a tarrif
- >on DRAMS. Because of the tarrif Japanese companies could get DRAMS cheaper
- >than US companies and thus could not compete in consumer electronics. We
- >shot ourselves in the foot big time.
-
- Yeah right, Reagen cocked up. They let the Japanese dump DRAMS on the
- market and drive US competitors out of business (by the way the Japanese
- DRAM makers were heavily subsidized), and then when they should have been
- helping out US companies, they made a lame attempt at protectionism.
- Let's face it the Reagen government was very against government
- involvement in business and the Japanese exploited it.
-
- >it. But as I have said in every article, the issues are far more complex
- >than you make them out to be.
- >
-
- Well, if they are so complex, explain how? I'm not going to take your
- word for it. Saying it's too complex is just a copout.
-
-
- > So what? Ross Perot applealed to people's racism too, he is anti-free
- >trade (Mexicans), he wanted to turn the war-on-drugs into a military
- >occupation (use the military to fight the war . . .)
-
-
- I never said I agreed with Ross Perot on everything. I was just pointing
- out that I'm not nearly as slanted as you try and make me out to be.
-
-
- >foreigners. It is wild that you would rant and rave about how liberal
- >you are and then buy into isolationism.
- >
-
- I don't consider myself a liberal and have never said so. I consider
- liberals to be well-meaning, but too wimpy to solve things.
-
-
- >
- > They are also great consumers.
-
- Well, I was just in Germany in March, and I didn't see many American
- cars.
-
- >
- > Economists do disagree with each other. I know that you mostly read
- >socialists in the Nation and so on, but many capitalist economists who write in
- >the Wall Street Journal and the Economist feel that this recession is no
- >big deal.
-
- I don't consider the Nation to be socialist. I see it as a magazine
- that has a strong skeptical eye on government and business. I can't
- remember the Nation ever calling for the nationalization of industry.
-
- > There was a small drop in GDP in 1991 and it has been going
- >up ever since. The opinions I have seen (and of course, economics is
- >just opinions) say that there has not been a huge boom because there was
- >not a huge bust, and that part of the woe people are feeling is due to
- >disinflation and the structural changes investing based on low and zero
- >inflation. Believe it or not, the Wall Street Journal had and article
- >the other day that said for the last three quarters the relative percentage
- >of the wealth owned by the richest portion of the country had started to
- >decline. This is because the very rich make their money off of interest.
- >A decline in interest rates (which can only happen if inflation is low)
- >would benefit the middle class and the poor a great deal. Note that
- >I am talking about longsterm rates. Part of interest in long term loans
- >is to offset inflation.
-
- It doesn't help you if your one of the thousands of people that are
- now out of work. When I was in LA 3 years ago, unemployment was
- 1% now its 10%. I don't care what the economists say. That is
- economic hard times.
-
-
- >several authors have said that was the case. For reasons besides the
- >economic pressure. Besides, the same Scientific Americian that has
- >the graphs about education also has a graph of defense spending as a
- >percentage of GDP, and though it increased some, it was no where close
- >to what it was at the end of the Vietnam War.
-
- Yeah well the Vietnam war was a big envolvement. It was an unecesarry
- involvement. The deficts were never paid off by Nixon, so they just
- built. Carter had slow growth of the deficit and then with Reagen and
- Bush it went through the roof. The supposedly Reagen econmic recovery
- was false in that it was just paid for through increased defense
- spending.
-
- >
- >>From my perspective there are fascist elements in the Reagen and Bush
- >>camp and that people like you aren't willing to see it, because you
- >>get seduced into accepting it.
- >
- > To say that there are "fascist elements in the Reagen [sic] and Bush
- >camp" is a far cry from saying that Reagan and Bush are fascists. I don't know
- >everyone in their camp as you apparently do, so how could I know? But if
- >even if it is true, so what? I imagine that somewhere in Clintons group
- >there are unsavory characters. Besides, right wing != fascist, to
- >most people. I know you choose the Humpty Dumpty approach to language
- >(words mean whatever I choose them to mean). It is not too easy to
- >devine what you could mean by using words in this way.
- >
-
- That's debatable. Here in the UK the conservative government is
- considered right wing, but their support for the social welfare
- state is stronger than the Democratic party in the US. What does
- that make the Republicans then?
-
- >
- > I do not believe you. Please tell me where I can find one so I
- >can see a political spectrum.
- >
-
- Take an introduction to political science class.
-
- >> I believe that right-wing views are dangerous and destructive, so I choose
- >>to make a statement as such. Why do you have a problem with this?
- >
- > Boy, "views" seem to be pretty dangerous creatures to you. I cannot
- >imagine why a "view" would be dangerous to anyone unless it lead to some action
- >by someone that held it. It would be pretty tough to demonstrate a chain
- >of causation from a "view" to an "act."
-
- Well nazism started with "views" that ended up in acts. The same holds
- for communism.
-
- >objects that exist in the world you share with other people. One person
- >that would probably disagree with you is Karl Marx, whose "materialist
- >dialectic" theorized that views were caused by material events, not the other
- >way around.
- >
-
- Yeah well Marx has pretty much been proven to be out of touch
- with reality these days what with the east-bloc in a gross economic
- state as a result of pursuing marxism.
-
-
- >>Am I not allowed to express my views?
- >
- > Perhaps you are new to USENET. What happens is that you post
- >your article and it goes to lots of machines. People on those machines
- >have software that allows them to respond to your posting. If you post
- >things on USENET, you should not be surprised if you get a response.
- >
-
- I'm not new to it, and I encourage responses. I just think that
- you are being very patronizing and elitist by claiming that my
- polictical views are basically wrong. I have a right to express
- my views
-
- > If you write articles that are pissed-off and factually inconsistant
- >they it is even more likely that you will get responses.
-
- All you have done is nitpick at my argument. You haven't shown any
- strong evidence that I am factually incorrect. In fact, I have
- been able to counter every one of your claims. You seem to think
- that just because you read mainstream articles that you've got
- it all figured out. Well, you don't. There's lots of information
- that doesn't make it into the mainstream, and just because
- a view doesn't match the tone or style of the mainstream doesn't
- mean its wrong. I take a much more critcal eye to what I read.
- There's BS in the US media and just because the Wall Street Journal
- says something doesn't mean its right.
-