A different view on the economy

[Roger928]

Being sold the NOW debunked trickle down economic theory which was Thatcherism.

http://www.abc.net.au/news/2016-05-...g-sold-the-trickle-down-economics-con/7406844

Some people simply are stupid enough to be sold the same con time and time again

Typical left wing clap trap.

 

[SirGalahad]

Nope.
Because we never had austerity.

https://www.ft.com/content/9db2d1e8-002a-11e7-8d8e-a5e3738f9ae4

Either you are trolling or are thick. I can't decide which.

 

[SirGalahad]

Typical left wing clap trap.

The IMF a bastion of market capitalism disagrees.

https://qz.com/429487/a-new-imf-study-debunks-trickle-down-economics/

I think you are thick as they come.

 

[Roger928]

https://www.ft.com/content/9db2d1e8-002a-11e7-8d8e-a5e3738f9ae4

Either you are trolling or are thick. I can't decide which.

Whats the link about?
You actually think I'm gonna click that?

 

[Roger928]

The IMF a bastion of market capitalism disagrees.

https://qz.com/429487/a-new-imf-study-debunks-trickle-down-economics/

I think you are thick as they come.

The IMF?
The ones who said we would face economic doom if we voted leave. LoL.

 

[Brigadier]

I can understand where you are coming from but it seems you are falling into a fallacy where its a zero sum game and the benefits and losses from one theory as compared to another equalise out ergo - some win and some lose.

That's is where I disagree because I am looking at the macro level. So are you arguing that one set of policies where a few benefit and the majority do not is equal to another policy where the majority benefit and few do not.

No, I am not saying the sum of one theory is equal to the sum of another.
Only that each theory has beneficiaries, and losers.
So, there is no perfect theory, only one that suits the object's purpose.

 

[SirGalahad]

Whats the link about?
You actually think I'm gonna click that?

It's the FT you thick git. The fact you don't know what the FT is shows all we need to know.

Again tell me what do you do for a living? What's your level of education?

 

[SirGalahad]

The IMF?
The ones who said we would face economic doom if we voted leave. LoL.

They downgraded UK outlook. You truly are a fool.

 

[Roger928]

It's the FT you thick git

No schitt?
Why didn't you say?

 

[Roger928]

They downgraded UK outlook. You truly are a fool.

https://www.theguardian.com/busines...um-european-union-international-monetary-fund

The IMF?
Harbingers of doom.

Its in the guardian. So it must be true.

 

[SirGalahad]

https://www.theguardian.com/busines...um-european-union-international-monetary-fund

The IMF?
Harbingers of doom.

Its in the guardian. So it must be true.

They got the timing wrong, but not the possible outcome.

https://www.theguardian.com/busines...ke-back-how-economists-proved-right-on-brexit

They were initially too pessimistic.

But using your logic (yes pun intended) then if you are to dismiss the IMF for their initial response I hope then you have to apply the same rule to Osborne and his forecasts which he failed to hit any.

Try harder.

 

[Roger928]

but not the possible outcome

The possible outcome?
No one actually knows. Least of all the europhiles in the IMF.

 

[IWalkLikeHimaMartian]

https://www.ft.com/content/9db2d1e8-002a-11e7-8d8e-a5e3738f9ae4

It's the FT you thick git.

No schitt?
Why didn't you say?

Oh Roger, your are stupid.

 

[Gerrydelasel]

They were initially too pessimistic.

That's a fun way to say they were wrong!