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Registered Nov 20, 2010
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lenar's most recent comments:
- On 22 Aug 2012
in
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's,
lenar said:
iwog says
You have yet to make a logical argument why.
I did. See above about local minimums. Did you miss it?
If this is correct (sounds like it is), that list give no idea about form of a graph. I can draw 2 graphs, one growing, the other declining, first one having many more cyclical local minimums. Do I really need to go through the trouble?
iwog says
With respect to GDP yes it was.
I'm tempted to rest my case. Some recovery, eh? Yet in terms of some technical parameters you are correct. What's the merit of judging health of economy by those parameters, again? Not much. By the way, that GDP... was it adjusted for inflation? And if so, how was the inflation calculated?
iwog says
You didn't answer my question. Why are there no depressions after FDR and numerous depressions prior?
Sit on it. Let me first make sure you understand the part about local minimums (not patronizing, just bringing to the same page). - On 22 Aug 2012
in
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's,
lenar said:
iwog says
Yes.
Look at that list. Just look at it. Does it make sense that, according to it, 1933-1937 there was no recession? Or that there was no recession 1938-1945?
Or that recession of 2007 apparently ended in 2009 and apparently things were rosy ever since?
Or it makes more sense that whatever metric of recession they use has no relevance to health of economy, as it's felt by common folks?
I already discussed this particular list. It's is either inaccurate or useless. I'd vote for later. It's likely a list of local minimums. List of local minimums give almost no idea about form of a graph. It could grow, it could decline, or it could plato - there is zilch info. Put inflation on top of that (which became much bigger issue in post New World Order world) - and you don't even know what it is that you are measuring.
Do you really believe that 2009 was the last year of 2007 recession? - On 21 Aug 2012
in
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's,
lenar said:
iwog says
You might answer this question: Why did depressions happen on a regular basis before FDR but not afterwards?
Are you referring to this list - http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States ?
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