tag:blogger.com,1999:blog-14039752.post112252303059078111..comments2023-08-10T21:14:14.933+12:00Comments on Insolent Prick: Michael Cullen's Incompetence: Part 9482Insolent Prickhttp://www.blogger.com/profile/12438163323894858558noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14039752.post-1122530603345534302005-07-28T18:03:00.000+12:002005-07-28T18:03:00.000+12:00Cullender's arguments just do't hold water. They h...Cullender's arguments just do't hold water. They have been shown time and time again to be wrong. trying to explain it all away by saying that he is a traditional Keynsian economist simply puts him the class of tools who believe that a humber is way better car than a toyota because it was hand built. A 1 dimensional toilet paper type argument that falls to pieces once pissed at. <BR/>The problem with Cullende type economics is that it is based on the incorrect assumption that once a family have their 4 bedroom house on a 750m2, block and have 2 cars in the driveway, they give up the desire to work; therefore they need to be given incentive to work, so we'll take their income away from, and delay thier ability to get the nirvana state of 4BR house, 1 dog 1 cat and 2 cars in the driveway. Totally igoring the fact that hey ho down the street comes My Sony with a way cool fuck off surround sound system and move projector unit, which a 512 bit Playstation car plug into, and then Jo Developer just released a parcel of waterside property with water access and adequate parking for the new super stable ski boat that Haynes just released....ie technology will provide the impetus and drive people require to improve their lifestyles. Therefore the precondition for Keynsian Economics is flawed, and therefore fails miserably to predict market behaviour.<BR/>I think the truth is, Cullen is actually smart guy, but he is insanely jealous of those who succeeded in the real world, and so falls back onto his communist beliefs as justification for his own failure.Anonymousnoreply@blogger.com