Posted on 02/28/2016 4:40:13 AM PST by expat_panama
If you think the quality of the economic debate around Brexit is poor, spare a thought for the hapless American voter, who is being subjected to one of the most bizarre displays of fantasy economics I’ve ever come across.
Ted Cruz wants to return to the gold standard...
Against this nonsense, Donald Trump... ...the damage deporting 11 million immigrants... ...protectionist tariffs.
As for the Democrats, Bernie Sanders claim that his policies would lead to a 5.3pc growth rate is so obviously off the wall that...
It’s all quite scary. The only consolation in this descent into economic madness is that once in office, the new president, however whacky he was beforehand, tends to get sat on and ends up with something much more sensible. Populism may be what it takes to get elected, but in the US at least, is rarely allowed to govern.
(Excerpt) Read more at telegraph.co.uk ...
btw, Cruz never said he wants to return to the gold. standard.
How’s that NIH thing working out Telegraph?
Here’s apparently what he said.
Sen. Ted Cruz said Wednesday night he has “deep concerns” about the Federal Reserve and it should be audited.
“I think the Fed should get out of the business of trying to juice our economy, and simply be focused on sound money and monetary stability, ideally tied to gold,” he said during the Republican presidential debate. Instead we spend out future into oblivion.
“Ideally” is a long way from demanding it. And “ideally” we should be on the gold standard where you can’t just print more money and force actual budgets with tough choices to be made.
The gold standard is not nonsense, but sound money. It is in the Constitution and Roosevelt took us illegally off the gold standard.
Funny how they can write this completely with a straight face, how terrible Cruz and his silly gold standard, and Trump with his nonsensical protectionist tariffs are so insane as to make discussion embarrassing.
And Bernie Sanders, well, the most ridiculous thing the author came up with is his stupid growth rate. Really? That's it? I guess one isn't allowed to call out someone who bases his entire policy on socialism, because...well, socialism isn't really the problem, is it? They just haven't done it right yet.
And no mention of Hillary.
But even more egregious is no mention of Obama and his policies that have resulted in tens of millions so far out of work they aren't even looking any more, nor the wild, out of control government spending and growth of government. But that isn't any surprise, coming from the Telegraph.
But when I saw the title, I thought perhaps they might talk about the Soviet style reporting on the health of the economy by the liberals who have destroyed it. But no.
It’s scary!
Brits are always scared. They’re all shaking with fear about Trump on FB. What’s wrong with them?
“Brits are always scared. They’re all shaking with fear about Trump on FB. What’s wrong with them?”
They were mauled in WWI, losing most of their best. They were mauled in the Battle of France, routed and saved by civilians, but left their arms behind. Then they faced invasion and conquest that was narrowly averted through the Battle of Britain and American assistance. Then their empire fell to tatters at the end of WWII, and they have been our side kick and flunky since, only exerting some influence here and there. The 20th Century was a long, horrible process of emasculation of British power and confidence. Trump comes along like a dinosaur out of time, like Kitchener or Churchill or Harris or even Kipling, who reflected a culture.
If we don’t reel in the excesses of the left and of the interventionist and globalist “right” (I regard them as a kind of leftist), I can see this century doing the same to us. Look already at the decline from men like Patton, LeMay, Pershing or Mitchell to men whose names we can hardly remember ten minutes after they’ve spoken.
Exactly and of course the Europeans have not been living in a economic fantasy land of their own with cradle to grave welfare, retirement at 45 and letting in millions upon millions of migrants to ahem help with paying these benefits. I am truly convinced some of us live in different altered realities. This writer no doubt is one of them.
Getting economic advice from Europe is like getting child raising tips from a pedophile.
I was not making some gigantic statement about the history of Great Britain or have any particular fine insight into their psyche. I was simply observing how fluttery and timid my British friends are on FB. It’s embarrassing to read their fearful posts about Trump, Cruz, Reagan or any American politician who isn’t supportive of Obamacare, the banning of the Confederate flag, non-bans on those nasty, mean guns that shoot fluffy bunnies or who dare to suggest islam isn’t the religion of peace.
Ugh! !
I've been reading stuff from England and Europe, and it is just astonishing how unaware they seem regarding the nightmare that is about to hit them.
Occasionally you'll hear something from some prominent Brit regarding the situation, but most of them seem to feel as if they dare not say anything outside of the herd mentality gripping them all.
I was simply observing how fluttery and timid my British friends are on FB.
+++++++++
But I do think that is why. Their empire has withered into a little sharia colony in less than a century. Outside of a few like Nigel Farage, they really are indeed fluffy bunnies these days. Of course, then when they try to be coercive, it sort of fails when they wiggle their little pink noses.
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