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The Tremendous Economic Benefits Of Superstorm Sandy
11-01-2012, 09:37 AM #1
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Keynesian claptrap coffeetime.gif

Quote:But if, on the other hand, you come to the conclusion, as is too often the case, that it is a good thing to break windows, that it causes money to circulate, and that the encouragement of industry in general will be the result of it, you will oblige me to call out, “Stop there! Your theory is confined to that which is seen; it takes no account of that which is not seen.”

It is not seen that as our shopkeeper has spent six francs upon one thing, he cannot spend them upon another. It is not seen that if he had not had a window to replace, he would, perhaps, have replaced his old shoes, or added another book to his library. In short, he would have employed his six francs in some way, which this accident has prevented.

The Broken Window Fallacy
İmage

http://www.zerohedge.com/news/2012-10-31...torm-sandy
11-01-2012, 12:24 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,283 Threads:1,438 Joined:Feb 2011
Anti-logic & lack of common sense wins again. 15.gif gaah.gif

wonder.gif
11-01-2012, 01:36 PM #3
Octo Mother Superior
Posts:42,615 Threads:1,469 Joined:Feb 2011
Quote:Considering the country has been in recession since June, this disaster will be the final straw that breaks the camel’s back. The powers that be will try to keep the broken economy fallacy going as long as they can, but anyone capable of thinking realizes the country is in the shitter. The mood continues to darken. The storm clouds continue to swirl and a bad moon is rising. But don’t worry, unnamed economists say everything is just fine. Fix that window and boost the economy.

coffeetime.gif
11-01-2012, 03:03 PM #4
Upāsaka Member
Posts:1,383 Threads:252 Joined:Feb 2011
İmage

" I need a pile of money this thick, to fix my sandy problems."
11-01-2012, 03:14 PM #5
Octo Mother Superior
Posts:42,615 Threads:1,469 Joined:Feb 2011
I think he's gonna need a bigger pile. lmao.gif
11-01-2012, 03:46 PM #6
Kreeper Griobhtha
Posts:10,604 Threads:635 Joined:Feb 2011
(11-01-2012, 03:14 PM)Octo Wrote:  I think he's gonna need a bigger pile. lmao.gif


I think he is a bigger pile...


coffeetime.gif

I am not your rolling wheels, I am the highway
I am not your carpet ride I am the sky
I am not your blowing wind, I am the lightning
I am not your autumn moon, I am the night
The night
11-02-2012, 03:05 AM #7
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
The same guy who said Bear Sterns was is great shape, the day before they went under. coffeetime.gif

Biere.
11-02-2012, 03:07 AM #8
Octo Mother Superior
Posts:42,615 Threads:1,469 Joined:Feb 2011
(11-02-2012, 03:05 AM)yankees Wrote:  The same guy who said Bear Sterns was is great shape, the day before they went under. coffeetime.gif


İmage

lmao.gif
11-02-2012, 03:09 AM #9
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
11-02-2012, 03:22 AM #10
Octo Mother Superior
Posts:42,615 Threads:1,469 Joined:Feb 2011
Cramer's a media clown beerbong.gif
11-02-2012, 05:59 AM #11
Kennible Lecter Member
Posts:17 Threads:6 Joined:Nov 2012
Sandy has already created more jobs than obama. (name left intentionally uncapitalized due to a lack of respect).
11-02-2012, 06:02 AM #12
UniqueStranger Art in my heart
Posts:14,898 Threads:420 Joined:Jun 2012
(11-02-2012, 05:59 AM)Kennible Lecter Wrote:  Sandy has already created more jobs than obama. (name left intentionally uncapitalized due to a lack of respect).


Just wait for the next one, and then we'll gauge the respect.
11-02-2012, 06:39 AM #13
Kennible Lecter Member
Posts:17 Threads:6 Joined:Nov 2012
(11-02-2012, 06:02 AM)UniqueStranger Wrote:  
(11-02-2012, 05:59 AM)Kennible Lecter Wrote:  Sandy has already created more jobs than obama. (name left intentionally uncapitalized due to a lack of respect).


Just wait for the next one, and then we'll gauge the respect.


next one? as in president or hurricane? chuckle.gif



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