Milton Friedman Puts A Young Michael Moore In His Place *Update* Holy cow! I never thought this video would get so many views. I uploaded it as a joke - this is not the real Michael Moore (although if you add some neckfat it would be hard to tell the difference). I meant “A Young Michael Moore” in the sense that a child who is great at basketball is a “Young Michael Jordan”. Nevertheless, I’m glad it stirred some debate in the comment section, it’s a great back and forth between Friedman and the kid, IMO. I thought the metaphor would be obvious, seeing as how the kid is a skinny redhead, while Michael Moore… well, isn’t a skinny redhead. I apologize for the confusion.
Video Rating: 4 / 5
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Ending unemployment is easy when you send the unemployed overseas, by the millions, to fight a war (after prolonging the Depression for a decade). We should have paid people to dig holes and fill them up again- that would have ended unemployment.
Keynes was known to shift definitions, make illogical assertions, and change his mind: He got the Nobel Prize because he gave politicians an excuse to increase their political power. And remember that Milton Friedman received a Nobel Prize, too.
@FletchforFreedom FDR prolonged the Depression? How come he got unemployment down to the historically low 1.9%? (Coming from 20 to 25%, depending on what source you’re using)
Besides, what you call economically ignorant is actually the ideas of Keynes, a Nobel Prize winner of economics who makes poor Milton look like the economist’s Jimmy Carter.
There have been TONS of studies that have proved that Republicans have always left office with tremendous deficits, as opposed to Dems.
@FletchforFreedom If my PM is such a joke, then formulate a decent reply to it. All you’ve done is lie or distort so far. And those waiting lists are simply the product of a more social/democratic distribution of medicine, meaning that now everyone can afford more scarce medicine. This has nothing to do with rationing, but with the market not being able keeping up with MORE demand (thanks to government).
And the one who’s clueless is you. You’ve never been to a socialist country.I was in the US.
@AroundSun you haven’t pointed out any successes in capitalism so far, you just say things like “you lose” “you’re dumb” “yawn”, there are alternatives to capitalism, and “government/statism”, anyways, so when you say that i should pray to god that 51% don’t vote to take the other 49%’s property, you are in fact supporting the status quo where about 10%(or less) of the population own the majority of the world’s wealth, care to explain that? do you think that is what liberty/freedom should be?
@demanvanhetstokbrood You simply insist on repeating easily debunked idiocy. In the wake of lowered tax rates, federal US revenues EXPLODED, but governmnet spending has increased at a much faster pace. You might also check your (inaccurate) figures on the deficit and, perhaps, try looking at discretionary budgets under presidential control.
And since pretty much everyone with any grasp of the issue already knows FDR prolonged the Depression for years, you’re economically ignorant.
@demanvanhetstokbrood Your PM remains a joke. If you are so disconnected from reality that you do not understand that waiting lists (often lethal) are, by definition, rationing and this is an epidemic problem under socialzed medicine, all you’ve demonstrated is that you have no clue what you’re talking about as anyone can see.
@FletchforFreedom Biggest reason the US is in debt is lowering taxes for the rich. Or trickle-down economics, like they call it.
Anyway, look at deficit changes in history. Reagan (your hero?) increased it by 189%. Bush increased the deficit by 89%. No Democrat has ever failed that miserably. In fact, the only Dem Prez to leave office in deficit is FDR, but that deficit was tiny, and he had to deal with something called “The Great Depression”.
So, no government no work!
@FletchforFreedom All my points concerning ss have been made in the PM. Except for one. There is no such thing as ‘rationing’ in socialized medicine. You have NO fucking idea what you’re talking about.
@demanvanhetstokbrood Yes, letting people die is unethical. Since, of course, in the real world, nothing of the kind was happening before social security, your defense of it is worthless.
And, it is because, letting people die is unethical that I oppose socialized medicine which accomplishes exactly that through rationing.
@demanvanhetstokbrood The assertion that the US is in debt due to military spending is factually wrong and easily checked if you care to look at reliable sources.
You can play magic with statistics all you want, but it is factually worng to assert that social security eveb CAN be profitable or that sick days or extra work have anything whatsoever to do with the calculation.
Are you trying to look like a statistical and economic ignoramus is is this just a happy accident?
@FletchforFreedom Your country is in debt because of military spending, not social security. Besides, it is incalculable how ‘profitable’ ss is because you don’t take into account the days of extra work time for people who would’ve just been sick instead of working for taxable pay.
You can play magic with the statistics all you want, bottom line is always: social security rocks. Because letting your people die is unethical.
@demanvanhetstokbrood HAHAHAHA social security has been bankrupt. THere is nothing in there. Just IOU’s dummy. All that surplus nonsense is just playing with numbers. Our country is 113 trillion dollars in debt and unfunded liabilities mostly due to SS and Medical obligations. Just another example of liberals not understanding economics……
@jb678901 It doesn’t matter what YOU will settle for. This is another one of those things where it doesn’t freakin matter what you liberals “think”. The constitution mean what it says, and you should not have any more say over my life than you already do with your little vote. We have something called the AMENDMENT process if you want ‘change’. Turning a republic into a democracy would be suicide and it is not going to happen. Capitalism doesn’t need government regulation, thats the problem
@jb678901 It doesn’t matter what YOU will settle for. This is another one of those things where it doesn’t freakin matter what you liberals “think”. The constitution mean what it says, and you should not have any more say over my life than you already do with your little vote. We have something called the AMENDMENT process if you want ‘change’. Turning a republic into a democracy would be suicide and it is not going to happen. Capitalism doesn’t need government regulation, thats the problem
@demanvanhetstokbrood I’ve ignored nothing. Social security is bankrupt and the taxes supposedly to fuind it have been used as general income by the US government, so what you’re saying is plain stupid. Further, economically no government spending “comes back”. The whole notion is pure economic ignorance.
And I’ve been to wiki and better sources - you’re right about China though - I meant Denmark, the Netherlands and the UK. Right behind the US is Belgium according to the latest stats.