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You're gonna have to provide some actual facts for that to be a valid statement. I did so already, so I think the ball is in your court to rebut.

I was judging by your comments as to your knowledge of Ricardian Econ. You implied that comparative advantage dictates a lower price for goods. That is false, so the assumption is then that you don't understand Ricardian Econ. In fact history has proven Ricardo to be pretty much spot on...

You guys amaze me. You really need to look at some actual facts. For the last 60 years our unemployment level has averaged 5-6%. Recently, during the peak of this outsourcing period, the rate dropped to 3%. Relative to cost of living, our wages remain at the top of the list globally...

Give me a break. If the cost of living here has been absurdly inflated like you claim, then the standard of living relative to the rest of the world would be absurdly low. This is not the case. We still reside at the top of the list for standard of living for the average person. Take any...

If you don't think Ricardian economics works well in practice then you don't understand it. Comparative advantage doesn't claim that the price will be lower, only that the COST will be lower. Someone who doesn't understand economics easily confuses the two terms. Price is dictated by...

Well, sure. Everyone knew what was going to happen. I don't feel bad for the dealers. They have the ability to ration the short term profit as a long term supplement to their annual income. Sadly, many of them have probably already blown their record making monthly commissions. Never...

C/mon man. Why do people like you exaggerate and assume that every strategy would continue at a rapid pace in perpetuity? Makes this sort of discussion completely pointless. Inflation makes mortgages cheaper. It's a fact. It makes all installment loans cheaper, because historically, wages...

You should realize who you are competing against. My brother just graduated with an econ degree (3.75gpa) and is looking at both the military and private sector. The difference between him and you, he worked for a large corporation while he went to college. He now has five years...

The same can be argued by all the supply-side supporters. We've never had real Keynesianism. We've also never really have provide a good environment for supply-side to work. Subsequently, both side claim that the other side is a failure. In reality, they are both failures, because they are...

Homes aren't everything but it is at the root of the problem. Inflation makes all debt cheaper relative to cost of living. Wages will always keep up, although they do lag inflation during recessions. I've not seen much evidence that local unemployed are pressuring wages downward. Most...

Make no mistake, there will be a shift to solar power during my lifetime. That is completely obvious. For the most part I'm not sold on wind power for most locations. It makes sense in some locations though. This is coming from someone who has incentive to talk it up as much as possible...

To the OP, I'm never really a proponent of Keynesian policies, but we should be fair in saying that there were huge flaws in Reagan's policies also. If a person were to argue that it was Reagan who started the mess that we are in right now, I would have a hard time arguing against that...

BuyLo, I'm not trying to be a jerk, but you really only knew one person that was predicting this would happen? I must've heard about 3 people every day predict that this would happen. I was one of the people predicting that this would happen, because it was probably the most obvious...

There was a time when I developed a nice breakout strategy. It was very time sensitive. From the signal, I only had about 2 seconds to get the trade filled. After that, I had about 10 seconds for the move to happen. Every second after that without a move dramatically increased the...

+1

Not necessarily. That rule is only true in a zero sum game. That is not the case in the equity market. Selling doesn't necessarily equal shorting. You're only short if you didn't own it to begin with. If you sell a stock that you own, you are simply saving money that would've been lost...

They're all just political Howard Sterns. The more outrageous they get, the more money they make. Both sides of the isle are well represented in the political shock jock arena.

I agree, the surveys are generally anything but scientific in nature, and I generally cringe while reading them. But if we can make the assumption that the sample population was random and then count on the fact that the survey was simple enough that it would be hard to screw up, then at least...

C'mon man. I don't listen to Rush or Beck, but surveys consistently show that Rush/FNC listeners are either equally or greater educated than those of their liberal counterparts. That is, in terms of % of college grads. When their knowledge about our country is tested with actual questions...

Hey, I'm not suggesting that all the sudden tomorrow everyone will rush to buy solar. When each decent size system nets a profit of several thousand dollars, we don't have to capture much market share. Your petrodollar argument makes sense, but there is now, and will continue to be a...