12-18-2016, 08:03 PM
(12-18-2016, 07:55 PM)Eric the Green Wrote:(12-18-2016, 04:12 PM)Warren Dew Wrote:(12-17-2016, 08:24 AM)David Horn Wrote:(12-16-2016, 11:27 PM)Warren Dew Wrote:(12-13-2016, 01:47 PM)David Horn Wrote: It may be worth noting that this guy actually understand Reaganomics, and argues against it today.
He also argues that it worked well when it was used. Do you agree with that? If not, why are you bothering to bring him up?
Ok course he liked it then. Bruce Bartlett designed the system Reagan used. Other economists argued then, and now, that it was mostly smoke and mirrors, but I cited Bartlett because he saw real value ... then. He sees it as unusable to counterproductive now.
If you don't believe he was right then, you have no reason to believe he is right now. In other words, you're just fishing up a red herring.
To conclude and declare that, is to say that people cannot learn from mistakes, get more informed, be wiser and reach better conclusions.
I think people can, even if it's rare.
If David wants to admit to mistakes and learning from them, he's free to say so.
If you're talking about Bruce Bartlett, who wrote the article at the link, he's not admitting to any mistakes either, and in fact specifically asserts that Reaganomics was the right policy and worked well.