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Re: Chris Christie

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 28 Sep 11 6:04 PM | 28 view(s)
Boardmark this board | The Trust Matrix 		Msg. 05914 of 54959
(This msg. is a reply to 05913 by clo)
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Hi clo,

If we were living in fat times (and I mean no pun at all - see how this sentence unfolds), I think some of the economy-slimming prescriptions he is offering may be germane. In the cactus model of economics, which I call jellyfish economics, the government leans against the market.

Markets have behavioural issues. This we know from the results of studies in new areas of economics. The old notion that markets are perfect pricing mechanisms has been failing repeatedly (witness the crazy behaviour of stock markets), yet those who rely upon it as a mantra seem not to notice that the bottom has fallen out of their philosophy. I believe it is these behavioural issue that magnify the bubbles and slumps of the economy.

Instead of thinking of markets as being the example of the extreme reductions of rationality, I think they take the shape of perfect unpredictability around the competing vicissitudes of human exuberance through the economic cycle (which will vary along a scale between depressive lows to frothy highs) and genuine attempts at being sensible (where value is itself a fuzzy rather than a precise concept).

To combat the economic results deriving from these imperfections of reason, emotion and the intrinsic properties of value, you need the government to grow and shrink, depending upon the state of play in the economic marketplace. Absence the growth of reliable science, this requires an exercise in judgement.

The corollary of government shrinkage when times appear to be good is government expansion in times of apparent misery.

The folks who think small government and low taxes is the permanent grand principle are missing a key element of the economic discussion. The environment matters. Go for excess austerity at times like these and you exacerbate the misery. The time to cut the amount of business the government engages in is when the market is booming.




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The above is a reply to the following message:
Re: Chris Christie
By: clo in ALEA
Wed, 28 Sep 11 3:24 PM 		Msg. 05913 of 54959

Good morning Cactus Flower,

Chris Christie has some appealing qualities.

He has defended & appointed a Muslim judge, a man he's known for 9 years. While doing so he labeled those fearing 'sharia law' in this country as "nuts & crazy". (they are in his party)

While he disagrees with Obama on policy, he has NEVER questioned his birthplace or legitimacy.
He wins big points with me on this.
After Irene, Obama & Christie toured the damage, together!
Unlike many, Christie is comfortable being with Obama, after all its to help his state.

He doesn't filter himself, speaks what's on his mind. This has blowback at times, but its refreshing.

I have issues with him on 'unions' & 'teachers'. He tried to close too many schools in poor areas & took funding from public schools. This was challenged in court & Christie lost.

He's a northern Republican, he has to work with Democrats to get things done.
Being a northern Republican helps Romney too.

If We the People hope to have 'government' work, We deserve a president that is capable & willing to work with the other side.

I believe Christie would be better at having republicans in congress work towards compromise.
Romney doesn't have the respect that Christie would, Romney has waffled too much.

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