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All our economic problems would be solved.....

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  • 20-11-2008 11:43pm
    #1
    cjmcork
    Registered Users Posts: 2,354 ✭✭✭


    if the politicans read this.............

    "In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone? Anyone?... the Great Depression, passed the... Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics. "



    No prizes, but would be interested to see if anyone recognises it........


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    #2
    [Deleted User]
    Posts: 5,589 ✭✭✭ [Deleted User]


    God that post is.. Anyone? Anyone? annoying to read.


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    #3
    BenjAii
    Closed Accounts Posts: 545 ✭✭✭BenjAii


    how sad, but I did recognise it ...

    clue; camera is panning around a classroom where students are turning into zombies, final shot has one slumped over with drool coming out of his mouth ....


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    #4
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Ferris Bueller's day off, obviously.
    https://www.youtube.com/watch?v=0s-oGumvPz0


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    #5
    10000maniacs
    Registered Users Posts: 4,832 ✭✭✭10000maniacs


    cjmcork wrote: »
    if the politicans read this.............

    "In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone? Anyone?... the Great Depression, passed the... Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics. "



    No prizes, but would be interested to see if anyone recognises it........


    Thanks wicked school teacher type person. I left school a number of years ago.


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