In the new world liberalism is a political feeling centered on magical libcommie govt whereas conservatism is a political philosophy centered around freedom and capitalism. Now do you understand?
Given its political economy, it doesn't surprise me that you don't understand it and think throwing out terms without thought hits home.
Americans, being some of the main political economists, also follow political economy. You just don't.
I'm not afraid, I have made a judgment that considering that your statements exhibit a profound ignorance of basic economics, it would be pointless to attempt to furnish you with the basic knowledge you lack.
Of course you're afraid. My statements come directly from Milton Friedman and thus you are afraid to even try to refute them, but because truth does not matter to a liberal you will continue to be a liberal.
Milton Friedman lacks basic knowledge?? Does the genius liberal care to show us where? Shall we hold our breath waiting?
actually Steve Jobs is/was among the richest 1% and he got the wealth from the middle class who figured they were wealthier buying the Iphones, that trickled or flooded down to them, than keeping their money. Now do you understand?
You've already been educated on this. Friedman responded to bastardised Keynesians (who abused Keynesianism through the Phillips Curve and IS/LM). That enabled his monetarist counter argument. That counter argument then proved disastrous, as illustrated by the Thatcherite experiment in the early 80s.
Oh look you know an economists name. Good one. My assessment is based on YOUR statements as expressions of YOUR understanding of economics. Not Uncle Milty's.
mine are identical to Friedmans and thus you are afraid to challenge them, and running away. Ever see a conservative who has to run away? What does that teach you? But you stay a liberal even knowing you cant defend the ideas?? Does that show character?
??? Paul Volker used to end Carter's 20% inflation, and Bernanke used it head off the liberal housing depression.
Monetarism was applied once in full flow. Quadrupled unemployment and destroyed the industrial base. Work of the cretin.
Oh the same eh? Dunning Kruger in action it seems. Perhaps you can explain YOUR expressed opinion framed by the same arguments that your Uncle Milton had to define his economic philosophy. I ask this because the demonstration your grasp of his ideas, so far, indicates you got a F in economics.
when you need to ring liberal inflation and liberal malinvestment out of an economy it is never easy. Volker only doubled our unemployment, but Thatcher had a much harder job given your libcommie 25% absurd inflation. And your unemployment going from 1.5 to 3% was no big deal at all! I"m sure they were all on to dole anyway!
Sorry, that should read the UK. You should have noticed that mind you as the 1979 UK government fully took onboard monetarism (unlike the fake tosspots like Reagan and his Military Keynesianism)
did you instead want them to run inflation up to 50% ???? Besides I can personally thank Thatcher since many of your companies came here then to avoid the libcommie influence their. I actually worked for one of them. Thank you!!
