[P_A_I]

justshutupandtakeit, the self-touted economist opines:

" -- there is little doubt that this plan would have a devastating impact upon construction and everything else which is dependent upon financing.

Your attempt to refute my comment totally ignores that point."


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Why should anyone give your point any credence when you've failed to back it up with any valid supporting evidence?
You are trying to make an 'argument from authority' without establishing any authoritative facts.

[Bigun]

You are trying to make an 'argument from authority' without establishing any authoritative facts.

In case you have failed to notice, this happens quite often with some posters on this great forum.

[justshutupandtakeit]

Though I never brought it up I am a degreed economist, BA and MA, hardly self-touted. Though it doesn't mean I know shiite at least let's be accurate. Thus, there is SOME authority there certainly not as much as those who speculate about all the miracles to be expected from this scheme: miraculous price declines while production increases, ability to discount the obvious effects of long term financing, pretenses that the clear effects of adding a massive price increase don't exist, ability to ignore the effects on people with fixed incomes, poohing poohing transitional impacts, a completely distorted view of how prices are established, a completely distorted view of how the income tax affects prices and several others.

I didn't ask you or anyone to give my point credence without examination but refute it if you can.