Comments on: Can anyone explain this?

By: ralph

ralph — Fri, 11 Jan 2013 04:13:09 +0000

I am hardly a troll – “someone who posts inflammatory,extraneous, or off-topic messages in an online community”. Almost all the previous comments would qualify – re Texas education, Californian socialist etc.

The article reads, “Texas’ economy is humming again after lawmakers in 2011 wrote a cut-to-the-bone budget as the nation lurched out of the Great Recession.” – it ascribes the bounce back to budget cuts, not tax cuts. The article doesn’t support your contention Are you are simply making it up or is there some other source you would like to cite?

And why would a balanced budget of itself bring about a belief of increased returns and lowered risk for investors?

By: .

Fri, 11 Jan 2013 01:38:20 +0000

The improvement in the state’s finances is just dumb luck (fracking)and is unlikely to be the result of “cutting the budget to the bone.

Maybe it was also dumb luck that the investors who fund fracking decided to invest given lower taxes and a balanced budget increased their returns and at the same time, lowered risk?

It was just dumb luck that the Coolidge, Kennedy, Reagan, Hawke Keating etc income tax cuts saw revenue growth?

Try harder, troll.

By: ralph

ralph — Fri, 11 Jan 2013 01:34:52 +0000

The improvement in the state’s finances is just dumb luck (fracking)and is unlikely to be the result of “cutting the budget to the bone. They were lucky that cuts in govet expendture were offset by the booming energy sector. It does does not demonstrate that the cost cutting strategy the the causal element. From Bloomberg “The Texas economy has topped budget projections over the past 15 months, as booming energy output fueled job growth and an 11 percent fiscal first-quarter gain in sales-tax receipts, the biggest source of general-fund revenue. Even after paying off $7 billion in health and school bills, Comptroller Susan Combs said today that the state will be flush heading into 2014.”

By: Elizabeth (Lizzie) B.

Elizabeth (Lizzie) B. — Thu, 10 Jan 2013 12:09:10 +0000

Deadman, that early Indo-European Culture site is a good one. Had a look at the Latin section: a useful refresher course in just a couple of screens. I expect the others would be even more useful because harder to obtain. Completely free to the general public.

They are not barbarians in Texas.

By: Skuter

Skuter — Thu, 10 Jan 2013 06:22:54 +0000

Good article on bloomberg – why austerity works and why stimulus doesn’t…
http://www.bloomberg.com/news/2013-01-07/why-austerity-works-and-fiscal-stimulus-doesn-t.html

By: Alfonso

Alfonso — Thu, 10 Jan 2013 06:21:37 +0000

“if you’re still a socialist at 40 you don’t have a brain.”
The vast majority are on aged pensions and know no better, they were taught to have no brains, ‘no brains’ was the great Aussie bar-b-que conformity
Anyone who was working during the residential housing boom in my homeland Nth Coast NSW 1972 to 2002 plus sporadic explosions afterwards and isn’t a multi millionaire just wasn’t paying attention or didn’t know shit from clay.

By: nilk

nilk — Thu, 10 Jan 2013 02:48:46 +0000

And Boy, you left out the “Y”

WAAAAAAAYCIST!

By: nilk

nilk — Thu, 10 Jan 2013 02:39:42 +0000

"Fifty Shades of ~~Grey~~ Stupid"

Blast you, Spot! I nearly snorted my homemade vegetable soup out of my nose!

By: John Comnenus

John Comnenus — Thu, 10 Jan 2013 01:47:48 +0000

John Wayne called them Texicans in The Alamo. Don’t mess with Texas

By: Infidel Tiger

Infidel Tiger — Thu, 10 Jan 2013 01:38:50 +0000

By the way, Texans are not a race.

Try telling that to a Texan.