Why do Liberals consider economist Paul Krugman credible?
That you can ask this shows you are so partisan as to be intellectually challenged. If you read his work "The Great Unravelling" you would understand exactly how the Conservatives under G. W. Bush caused the economic crash. The really impressive thing is that he wrote the book before it happened and called it all right. That, my blind friend, is why he is credible.
Why did big government and liberalism cause the economic crash in 2008?
. We were losing 650,000-800,000 jobs per month when Bush left office. . We inherited Bush Unemployment 7.6%/8.1% Jan/Feb 2009. http://www.bls.gov/news.release/archives/empsit_02062009.pdf http://www.bls.gov/news.release/archives/laus_03272009.pdf . Inherited Bush/GOP FY2009 Budget Deficit of $1.413 Trillion. . DOW now 17,000 range vs. Bush DOW 7950 when Bush left office Jan/Feb 2009. . Bush/GOP grew the Government 33% in 8 years. . Bush - National Debt Increase: $5+ trillion. DURING AN EXPANSION. http://i263.photobucket.com/albums/ii160/emal2me/A%20political%202/Debt.jpg http://www.flickr.com/photos/speakerpelosi/4691566087/sizes/l/ . 2 Unfunded Wars. Unfunded Medicare D. 2 Unfunded Tax Cuts(that’s why they were TEMPORARY!!!).
What Caused the Economic crisis of 2008?
Hey Jill, well both 2 and 3 aren't what caused the economic crisis.Greed is the closest to reality. The crisis we are experiencing is global. Which means it takes more than one administration and stocks to put the whole world in a economic crisis. The cause behind the economic crisis and in general the crisis in education, breakdown of the family unit, drugs, depression, science, ecology, threat of war, etc is because of all of humanity's egoistic connections with one another. Mankind's global egoism. We are reaching a point in humanity where our egoism is hitting its peak. In addition to this development we now live in a global integral world. It's being revealed more and more each day how much all of humanity is interconnected and dependent of one another. Like one global family.Global meaning reciprocal, a complete connection. Connected like the butterfly effect. One unit. Its a law of Nature that all parts of one unit have to behave altruistically to reach balance. This isn't utopia, we are speaking about the law of Nature. The crisis is to make us realize that we are treading the wrong path and must change our egoistic thoughts and actions of only for self benefit. Our good future depends on us choosing to correct our egoistic connections between one another in favor of benefiting the whole of humanity. If not the blows we feel in our daily lives and the global crisis will grow in all areas of life.So when will the crisis end? The crisis will end when each person will begin to think about everyone else instead of himself. When our connections will become altruistic, all or our social systems will flow again in a good fashion and better than we have ever experienced. The global crisis is actually a golden opportunity for all of humanity to rise above our selfish egos, unite and reach a new level of life. Hope this answers your question and the links say more. Wish you well....Peace http://www.youtube.com/watch?v=yGf4fEFvs... http://www.youtube.com/watch?v=HhoTCiNrd... http://www.youtube.com/watch?v=MQJNaCcmA... http://www.youtube.com/watch?v=2umf7LXLuyk
Did deregulation cause the economic crisis of 2008?
Are you suggesting that financial institutions couldn't refuse the opportunity make money even though they had to know that the housing market was overvalued. They can't help themselves!!! It was no different than tulip mania http://en.wikipedia.org/wiki/Tulip_mania Investors don't even care what they are investing as long as they are making some money.
Why do conservatives want a theocratic, laissez-faire government?
What real "Conservatives" want is more local control and less federal power. Not a Theocratic laissez-faire federal government. I want the federal government to be a skeleton so the states can fill out the rest. Problem is most Conservatives have been converted to NeoCons and have lost their principles.
Does the world need more conservatism or more liberalism?
The world needs more Liberalism.Almost by its very definition, conservativism is contrary to progress, and the world does indeed progress, no matter how much the conservative would like to prevent it. Conservatives don’t want progress. So what happens is progress is delayed by the fear and paranoia of the conservative “establishment”, and this comes at considerable cost to all of humanity.Liberalism on the other hand, is forward thinking. It is Liberal thinking that has been responsible for just about every technological advancement that humankind has ever achieved throughout the history of the world. If it was not for Liberalism, humans would still be living in caves, frightened of eclipses, and burning witches at the stake.Thanks to Liberalism, only about half of the US still thinks that the world is flat.