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"In fact, climate change is directly related to the growth of terrorism," said Sanders.
"And if we do not get our act together and listen to what the scientists say, you're going to see counties all over the world...they're going to be struggling over limited amounts of water, limited amounts of land to grow their crops, and you're going to see all kinds of international conflict."
Sanders said at the second Democratic debate in Iowa that climate change poses the biggest threat to America's national security and to security of the world. ..."
I’m waiting for a journalist to ask Bernie about Karl Marx.
When will that happen?
Since Bernie is a Marxist, why would anyone
expect anything different?
My first Economics professor told me that you don’t find any Marxist economists outside of academia because anyone who tries it in the real world goes broke. Shareholders tend to get cranky when that happens.
Marxist exploitation theory is based on a wrong abstract conceptual framework, a wrong labor theory of value, and a wrong iron law of wages. With that kind of foundation,what could possibly go wrong?
10/21/2009
http://online.wsj.com/article/SB123249646698200289.html
In normal recessions - the argument goes - an increase in discretionary government spending is unnecessary and even counterproductive. But in the event that a recession becomes a depression, a Keynesian stimulus package might work.
^
Transcript of Pelosi, House Democratic Leaders, and Economists' Press Conference Following Economic Forum
http://www.speaker.gov/newsroom/pressreleases?id=1414
Speaker Pelosi.
"I am pleased that we had the benefit of the thinking of Dr. Mark Zandi, Dr. Alan Blinder, Bob Kuttner, Heather Boushey, Bill Hambrecht, and Allen Sinai."
Former Federal Reserve Vice Chairman Alan Blinder
"...But what I want to say is this: the Congress and the Administration and the Federal Reserve have done already an enormously heavy lift in limiting what could have been a much worse economic outcome. That said, it's pretty bad as it is right now.
On the consensus forecast, I'm a little bit more optimistic than Mark. My personal view is a little bit above consensus, but that's a quibble. On the consensus forecast, the GDP is already growing, but jobs are still shrinking and are likely to shrink for a while yet and that makes it very hard for political leadership or for just economists to the extent that we talk to the public to persuade people that things are getting better because they don't look like they are getting better when jobs are a) still so scarce and b) are even shrinking rather than arising. So for that reason, despite the fact that we're looking at an absolutely horrendous long-term fiscal outlook, I, like Mark, and I think most of us around the table, believe that at least a modest, now this is where people will disagree, but at least a modest increase in the deficit is targeted very strongly on job creation. Not a scatter shot, but targeted very strongly on job creation would be appropriate.
I think this is a case where it is both good policy and good politics which you know is not always the case but in this instance it is the case. That said, we do have to be mindful of the long-run deficit problem. I have been taken recently in a number of venues to be quoting not quite correctly, paraphrasing St. Augustine who said something like, "Lord, make me chaste, but not just yet" We do need to become more chaste about the budget deficit, we do need to pay attention to the long-run fiscal hole, a lot of attention but in the short term, this is not the time to do it. 2009 and probably 2010 are not the times to do that.
One thing I spoke to the Members about knowing that it is very, very difficult to do, is to try to get some long-run commitment to greater fiscal responsibility while we are still trying to alleviate the job problem. I know this is a very, very difficult thing to do, I don't think it is quite an impossible thing to do. I think it is really quite remarkable that this many Members of the congressional leadership show up and spend several hours with the likes of us, talking seriously about the economy. This little session we're having right now notwithstanding, this was not a media event. We were behind closed doors and talking very, very frankly over a range of issues. I think that happens too little in Washington and it is a tribute to the Speaker and to the other Members that they took so much time out of their schedules to do this. I thank them. "
^
More (Democrat's) Economist that sold optimism about government stimulus...
Christina Romer, Paul Krugman, Jared Bernstein, Tim Geithner, Larry Summers, Austan Goolsbee