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  4. Economic Stimulus: Quit Smoking.

Economic Stimulus: Quit Smoking.

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  • O Oakman

    John Carson wrote:

    You seem to have missed the basic claim of Keynesian analysis

    I think what I may have missed, but apparently you think you saw, was any claim by Harkin that Keynesian economic theory justified his proposal, Instead I responded to Harkin's explanation of why he'd inserted this measure into a bill that we are assured will have a payout inside of the next year. Seemd only fair to me to not attribute outre economic theories to him that he may or may not espouse, but apparently you disagree. Strangely enough I was exposed to a two hour NPR broadcast on Keynes yesterday and was interested enough to do some reading last night. The funny thing is that Keynes was pretty much discredited thirty years ago, but somehow a bunch of New Keynesians have come crawling out of the woodwork. Although Keynes himself (in The General Theory of Employment, Interest and Money) advocated spending primarily on infrastructure as well as lowering interest rates, the New Keynesians are quite sure that simply inflating the money supply without necessarily creating value is enough. If I understand their - and your, argument correctly, the most efficient way of getting the economy going again would be to print up a bunch of 100 dollar bills, load them into trucks, trains and airplanes and shovel them out the door wherever we can find a grouping of people. After all, it doesn't matter what we do with the money, it merely matters that we get it out there into circulation. . . Keynes himself was a bit of a flake. He believed that Cambridge Men should do everything for the world from run businesses to determine how many babies of what ethnic groups (no Jews!) should be born. He was a director of the Eugenics society, and despised the working class and the egalitarianism of American culture. He was a member of the Bloomsbury Group which embraced sexual experimentation of almost every sort, but he was called "too dirty," by Virgina Woolfe who was certainly no slouch when it came to interesting combinations and recombinations of lovers. One has to wonder if a man who must have had a somewhat jaundiced view of humanity really understood transactions between less end-of-the-bell-curve people that well.

    Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

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    Brady Kelly
    wrote on last edited by
    #21

    Oakman wrote:

    less end-of-the-bell-curve people

    :confused:

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    • B Brady Kelly

      Oakman wrote:

      less end-of-the-bell-curve people

      :confused:

      O Offline
      O Offline
      Oakman
      wrote on last edited by
      #22

      Brady Kelly wrote:

      :confused:

      On the bell-curve of lifestyles, Keynes was way out on one end. Most folks would, of course, hang out in the center.

      Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

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      • O Oakman

        I'm an ex-smoker (4 packs @ day). I will gladly preach at or to anyone who is willing to listen to all the reasons why smoking is a really bad idea and I'll be as supportive as I can be to anyone trying to quit. That said, would someone like to explain to me why the so-called "economic stimulus package" (Senate version) contain fifty-fracking-seven million dollars to fund smoking cessation programs??? Tom Harkin, the guy who stuck the provision in the bill[^], explained that it would help the economy by reducing the healthcare costs associated with lung cancer and emphemzema. And of course he's right. It will. In about twenty years! If someone wants to reduce the healthcare costs associated smoking cigarettes in the immediate future, the best thing to do is to fund the Kevorkian Morpheus Institute and Traveling Sleepytime Vans. For fifty-seven mil, I bet we could get a bunch of them criss-crossing the country.

        Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

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        Stan Shannon
        wrote on last edited by
        #23

        Sounds kinda like an earmark to me.

        Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.

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        • S Stan Shannon

          Sounds kinda like an earmark to me.

          Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.

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          Oakman
          wrote on last edited by
          #24

          Stan Shannon wrote:

          Sounds kinda like an earmark to me

          Apparently the proviso has to state exactly who the recipient is.

          Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

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