1. Here's a new concept for you all: regression towards the norm. It's something that can observed in almost anything that involves statistics. Unusually low numbers can be expected to go up, unusually high numbers can be expected to go down. You can expect that the 2-14 Indianapolis Colts will have a better season this fall even without Peyton Manning, and the Superbowl champion New York Giants might not do as hot. Everything goes through peaks and valleys, the economy is no different.
2. From time to time, a "new normal" arises and it takes time for businesses and individuals alike to adjust to the new normal. The economy can show growth under any POTUS.
Economics is nothing more than applied psychology. It's billions of human decisions on what to buy and sell. If these decisions were always made on a rational basis, forming economic models would be easy. So before you ask Congress or the President to fix the economy, remember that they're human too. Democracy works better than monarchy for the same reason capitalism works better than socialism: more people are involved in the decision making process.
Subscribe to:
Post Comments (Atom)
Contributors
Search This Blog
Pages
Offices on the Ballot - Allen County 2024
OFFICES ON THE 2024 BALLOT ALLEN COUNTY INDIANA FEDERAL President of the United States United States Representative Dist...
Blog Archive
-
Several people have asked me what I think will happen in the next few months. I am going to give you my opinion on how I think things will g...
-
I went to the Northwest Area Partnership Meeting tonight. This is a group that consists of many neighborhood association officers/ Quite a ...
-
In the comment section of an earlier post Sam Talarico commented that he was surprised that the News-Sentinel published my analysis of the r...
Labels
- 2008
- 2014 Elections
- 2016 Election
- 3rd District Congress
- 6th District Congress
- Abuse of Powers
- Administration
- Administration of the Blog
- After Dark Night Club
- AKA William
- Allen County Election Board
- Allen County Libertarian Party Bylaws 2020
- Andrew Horning
- Angry White Boy
- Annual Convention
- Annual Yard Sale
- April Fool's
- bailout
- ballot
- Barack Hussein Obama
- Barack Hussien Obama
- Benjamin Franklin
- Bill of Rights Day
- Bob Barr
- Borders
- Born Again American
- Candidates
- Chris Spangle
- Citilink
- City County Building
- Civic
- Commissioners
- Community
- Congress
- Congressional Pay
- Consultants
- corporate welfare
- County Government
- Courts
- Crime
- Dan Drexler
- David Roach
- death
- Debates
- Democrats
- Donald Trump
- Doug Horner
- Drinking
- Early Voting
- Economics
- economy
- education
- Elections
- Entreprenural Initiatives
- Enviroment
- Equality
- ethanol
- Events
- Excercise
- F6
- farm Animals
- Federal
- Federal Government
- Feedback
- Flag
- Flood
- Food and Beverage Taxes
- Foreign policy
- Forms
- Fort Wayne
- Fort Wayne City Council
- fort wayne mayor
- Fort Wayne Police Department
- Fox News
- fraud
- Fuel Efficeincy
- Fundraiser
- Gary Johnson
- Geoff Paddock
- George Mason
- GLBT
- Glenn Beck
- GOP
- government
- Government Waste
- Grassroots Inititives
- Green Links
- Haiti
- Harrison Square
- Health Care Reform
- Heartland Communities
- Honey
- HRC FW
- Humor
- immigration
- Income
- Income Taxes
- Indiana
- Indiana House District 83
- IPFW
- Jack Evans
- James Madison
- Jdimytai Damour
- John Schick
- John Sidney McCain
- Joseph Biden
- Journal Gazette
- K P Nfr
- Kevin Leininger
- Kody Tinnel
- LaPorte County LP
- legacy fund
- libertarian
- Libertarian Party
- Libertarian Party of Indiana
- Libertarians AT Large
- Links
- Local
- LPIN
- LPIN Officers
- Mark Skousen
- Memorial Coliseum
- Military
- Minimum Wage
- Modest Proposal
- MrTacoJosh
- Music
- My HUD House
- Nanny State
- National Debt
- New Blog
- New Design
- News Sentinel
- Next Business Meeting
- occupy movement
- Oprah
- OUTright Libertarians
- OWS
- passenger rail
- Penn Jillette
- Phil Marx
- Pictures
- Planning
- Political Parties
- Politics
- Pot Holes
- Powers Hamburgers
- predictions
- Presidential Nominations
- Press
- QR Codes
- Queer Cincinnati
- Questions
- Radio
- Random Facts
- Real ID
- Robert Fuller
- RSVP
- Sandbags
- Sarah Palin
- Save Maumee
- Scott Wise
- Secretary of State
- Senate
- Sicko by Michael Moore
- Social
- space
- spending
- State Convention
- State Of Indiana
- State of Michigan
- Stephen Moore
- stimulus
- Street Dept.
- Student Body President
- Supreme Court
- Tax Protest
- taxes
- terrorism
- The Paradox of Affluence In Politics
- The Second Coming
- Thomas Jefferson
- Three Rivers
- TinCaps
- tom henry
- Top Libertarian Blogs
- tragedy
- transportation
- Updates
- US HISTORY
- Veterans Day
- video
- Voter Centers
- Voter Registration
- Wal*Mart
- welfare
- Wesley In Austin
- Why Libertarian
- William Butler Yeats
- William Larsen
Sitemeter
Followers
About Commenting
Keep it clean and relevant to the post. If you have a question that isn't related to a recent post, email me at enders.robert@gmail.com . You can also email me if you want to make an anonymous comment.
DISCLAIMER
Per the by-laws of the Libertarian Party of Allen County, the Chair is the official spokesperson of LPAC in all public and media matters.
Posts and contributions expressed on this forum, while being libertarian in thought and intent, no official statement of LPAC should be derived or assumed unless specifically stated as such from the Chair, or another Officer of the Party acting in his or her place, and such statements are always subject to review.
Posts and contributions expressed on this forum, while being libertarian in thought and intent, no official statement of LPAC should be derived or assumed unless specifically stated as such from the Chair, or another Officer of the Party acting in his or her place, and such statements are always subject to review.
2 comments:
You should stick to political rants and steer clear of actual political science and economic theory, because your ignorance shows.
Pardon my ignorance, then. Perhaps this can be a teachable moment. Which part of the post shows my ignorance? It's easy to call someone stupid, but you could be kind enough to explain why I'm wrong.
Post a Comment