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<p>it’s called rhetoric</p>
<p>(like if there was some hype over free cakes and then I find they were cupcakes, I would say, “cakes? what cakes?”. Of course the said cakes would exist.)</p>
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<p>[Results</a> 1 - 10 of about 15,800 for “andrew mellon” “great depression”](<a href=“"andrew mellon" "great depression" - Google Search”>"andrew mellon" "great depression" - Google Search)</p>
<p>Um, Andrew Mellon was prevented from correcting the Great Depression. His policies were practically reversed in 1929, exacerbating the depression and preventing any form of market correction.</p>
<p>Also, I like how you are subscribing to the fallacy of correlation => causation. Andrew Mellon <em>reversed</em> the postwar depression of the 1920s. The Smoot-Hawley tariffs were imposed against his advice.</p>
<p>That’s not what my 15,800 links say.</p>
<p>Big letters are so legit</p>
<p>Really? You haven’t been watching enough C-SPAN. Supply side economists argue that it was the reversal of Mellon’s policies that exacerbated the Depression. </p>
<p>Along with massive protectionism. Did you know, why did unemployment continue to rise into the double digits years into FDR’s presidency? Because FDR was decidedly protectionist. </p>
<p>Perhaps you should actually read Andrew Mellon’s book, “Taxation: the People’s Business” first. He supported cutting taxes across the board, for both rich and poor, reducing the top bracket of the rich from 77% to 25%, and eliminating some forms of taxes upon the lower classes completely. (Today, even the lowest brackets pay around 10% federal income tax. It’s sickening.) Interestingly, tax revenue actually <em>rose</em> after the cuts, from a deficit into a surplus, and remained that way for most of the decade. Why? The targeting of the rich, and the reliance on protectionism and modern mercantilism had driven away all investment and entrepreneurship, until Mellon arrived.</p>
<p>I mean, who’s going to invest in a business when more than 3/4 of what they earn would be confiscated and inefficiently spent? It would be unjustified risk. 25% is the optimum level, found by Mellon. (I may not have decades of economic experience, but Mellon did.)</p>
<p>Likewise, Mellon too saw the tax burden upon the poor, which inhibited their economic progress, and sympathised with (and empathised from his younger days) their hardship. After that mean hourly job, the food and the rent, an even more nasty insult is taxation of your income…</p>
<p>stargazerlilies: You have too much faith in representative democracy. Perhaps it’s time you read some “Du Contrat Social” by Rousseau.</p>
<p>you think I have too much faith in democracy based on me saying the recession exists? ok…I guess I should stop listening to my econ profs and listen to you instead since you did take ap econ after all.</p>
<p>the funniest part is you keep taking this so seriously on a thread full of sarcastic remarks…but then again I remember you arguing once that all religion is inherently evil and should be wiped out.
hey, i’m a libertarian and an atheist, and I still can’t take you seriously, sorry.</p>
<p>No, you have too much faith in representative democracy by believing in presidential campaigning and other non-grassroots forms of social action. You also seem to have too much faith in top-down forms of governance and economic tyranny in general.</p>
<p>You are also deaf.</p>
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<p>That’s a stance shared by Richard Dawkins, a very well-respected evolutionary biologist.</p>
<p>Which economic expert do YOU agree with? Which biological expert do you agree with? Where’s YOUR degree? By what theory do you propose that religion is beneficial? If you don’t have one, CHOOSE a thinker who has one.</p>
<p>Also, you make the mistake of assuming representative democracy = democracy. This represents your myopia. Come back when you have read up more on social contract theory. I recommend Locke and Rousseau. Avoid Montesquieu.</p>
<p>haha you come off as more of an arrogant prick with each post. first you insist the recessions’ not that bad, there are tons of jobs on craiglist in your town and heck, your girlfriend even got a job, why the hell are people still unemployed? they must be stupid and incapable of using google. then you go on to say we can just get out of this mess if we only stopped despairing! great plan. Now you’re telling me all about my political beliefs and what i have faith in, based on me saying I believe the recessions a problem…lol. </p>
<p>how do you know I believe in presidential campaigning? what makes you think i even listened to the debates or bothered voting? what makes you think i even care about social action, or economics, or politics? i’m sure you’ve got me all figured out since I said I believe there’s a recession. do tell me more about myself, you’ve got me intrigued.</p>
<p>oh, and I did read locke’s 2nd treatise of govt and rousseau’s discourse on inequality. but thanks for the book reccommendations. and I said i was an atheist, why would you think I care about religion? I think people should have the freedom to believe in religion and aren’t inherently idiots for doing so, which you seem to disagree with.</p>
<p>Umm, you are deaf. This is not about the recession. That discussion was over a long time ago, in case you couldn’t tell. This is about your idiotic “Galoisien 2012” remark, which clearly shows that you still have faith in representative democracy, by buying into the entire electoral system.</p>
<p>Maybe you should read.</p>
<p>Also, please stop putting words into my mouth, and on the flip side, not even being aware of what you are saying.</p>
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<p>You are being deaf. Kindly reread.</p>
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<p>You are being deaf. Kindly reread.</p>
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<p><em>buzzer sound</em></p>
<p>So why then do you conflate representative democracy with democracy in general? Cultural bias? Mind burp?</p>
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<p>W T F?</p>
<p>Please stop slandering me and ****ing putting words into my mouth. </p>
<p>Of course you should have freedom to believe in religion. OF COURSE. It’s part of FREEDOM OF THOUGHT.</p>
<p>But I should have every right to ridicule you for it. I should have every right to fire you for holding crackpot beliefs, especially when it affects your productivity. </p>
<p>And certainly I have good reason to argue that irrational beliefs are bad for society and should be corrected through the free market of ideas.</p>
<p>This part you clearly missed, with your laid-back “let’s tolerate all religions” form of atheism. I respect people’s right to believe in religion, but that doesn’t mean I won’t slam them for their irrationality.</p>
<p>Your whole thread is about a recession, I guess you figured no one’s taking you seriously and laughing at you so you would change the topic by guessing people’s political beliefs? </p>
<p>“Galoisien 2012” was me mocking you telling us how to fix the recession, since you’re an unqualified kid. stop taking yourself so seriously and getting mad. and stop calling me deaf, we’re not talking here. </p>
<p>i don’t have a degree, I realize I’m an uneducated kid and not more informed than people who have dedicated their lives to studying the economy, and I don’t take myself too seriously and spaz out over an internet discussion. But keep ranting and writing in abnormally large letters, it’s pretty amusing to everyone but you.</p>
<p>yo man, calm down</p>
<p>listen to some mika</p>
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<p>I didn’t “change” the topic. I was addressing parts of your post. Not directly related to the existence of a recession.</p>
<p>There are many ways to fix a recession. Why are you putting words into my mouth and thinking I am disagreeing with economists. You don’t even know which economists I disagree with. Why do you continue to think that I am denying the existence of a recession? Was it not clear to you what rhetoric meant?</p>
<p>I’m not taking anything really seriously. I am currently studying atmosphere and weather, it’s dense stuff, and CC is a good place to let off some steam by pouncing on fallacious arguments and venting. If I lose an argument, I lose. If I win, I win. gg</p>
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<p>What? Why don’t you think I find this good-humoured fun as well? Your myopia shows again!</p>
<p>galoisien</p>
<p>your school is about to graduate 3000 students in the next two weeks or so. How many weeks do you give those graduates seeking employment, before they change from “well qualified young professionals from a very good school looking for entry level work” to “draining society”?</p>
<p>It all depends on whether they despair or not.</p>
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