What if President Elect Obama selected you as his economic adviser, you have complete control of the economy, he will OK any suggestion you make, your decisions are final, your job starts tomorrow.
You are allowed to hire 5 people to your team who would they be and why ?
Bonus question: What would be your first 5 decisions in this role, and how would you implement them ?
Alex Jones - We need someone loud.
Jesse Ventura - We need someone who has killed.
Max Keiser - You can never have enough loud guys.
Peter Schiff - We need someone who says that Americans are broke.
Bill Clinton - We need someone who can get the chicks.
Decision #1 - Send Paulson and Bernanke to Gitmo. By airplane.
Decision #2 - Layoff 50% of the US government.
Decision #3 - Fire 49.9% of the US government
Decision #4 - Sell the White House to the Chinese and tell Obama to move into a Holiday Inn Express (BUY AMERICAN!)
Decision #5 - Cancel all current and future military/foreign policy expenditures. Use the money to send fruit baskets to countries that America has decimated, manipulated or tortured. Millions of fruit baskets (BUY AMERICAN!)
LMAO !!
Robert Murphy, Robert Higgs, Joseph Salerno, Michael Rozeff, and Peter Schiff. (If I could appoint international folk, I would get Jorg Guido Hulsmann and Jesus.
...Huerto De Soto, of course.
Austrian Theory of the Business Cycle in 9 steps (Soliciting comments)
Wow. Liberty student just pwned this thread.
Political Atheists Blog
jakgaph: What if President Elect Obama selected you as his economic adviser, you have complete control of the economy, he will OK any suggestion you make, your decisions are final, your job starts tomorrow. You are allowed to hire 5 people to your team who would they be and why ? Bonus question: What would be your first 5 decisions in this role, and how would you implement them ?
I would hire:
Arnold Kling
Hal Varian
Paul Romer
Donald Boudreaux
George Selgin
My four year plan would include:
Allow opt-out of Social Security and eliminate payroll taxes as a "stimulus" plan.
Kill the war on drugs immediately.
Lower corporate and income tax rates gradually over a 4 year period.
Cut military spending in half, close and sell foreign military bases, and use the money for paying the national debt.
Create a transition plan to move from government monopoly of currency to competitive currency markets (abolish the Fed).
"I cannot prove, but am prepared to affirm, that if you take care of clarity in reasoning, most good causes will take care of themselves, while some bad ones are taken care of as a matter of course." -Anthony de Jasay
You guys are all crazy! I mean, the answer is so obvious:
1. Paul Krugman - He's so good at equations!
2. Arthur Laffer - This guy saw it all coming years ago! He said we'd have a decent slow down!
3. Nancy Pelosi - This woman is a shining example of what it means to be a great Congresswomen with her undying support of Israel. If we give them more money it will stimulate their spending on American goods!
4. Ben Bernanke - Only the greatest Fed chairman in history, need I say more?
5. Henry Paulson - We need a Wall Street insider to calm the markets.
How could you guys pick anybody else?
Now, the first 5 orders of business!
1. Raise the corporate tax rate to 90% - we need to bring home jobs from overseas!
2. Give a $4.3 trillion stimulus plan to the economy - spending must increase!
3. Set the Fed Funds target rate at -12% - a strong economy needs investment!
4. Set wage/price floors to increase annually
5. Create another 10 million government jobs, mostly directed at helping the environment
Yeah that's it! Let's see any of you evil capitalists beat my economic blue print!
P.S. - Your sarcasm detector should be beeping violently by now :)
liberty student: Alex Jones - We need someone loud. Jesse Ventura - We need someone who has killed. Max Keiser - You can never have enough loud guys. Peter Schiff - We need someone who says that Americans are broke. Bill Clinton - We need someone who can get the chicks. Decision #1 - Send Paulson and Bernanke to Gitmo. By airplane. Decision #2 - Layoff 50% of the US government. Decision #3 - Fire 49.9% of the US government Decision #4 - Sell the White House to the Chinese and tell Obama to move into a Holiday Inn Express (BUY AMERICAN!) Decision #5 - Cancel all current and future military/foreign policy expenditures. Use the money to send fruit baskets to countries that America has decimated, manipulated or tortured. Millions of fruit baskets (BUY AMERICAN!)
I can see no better answer than this, tbh.
Chris: You guys are all crazy! I mean, the answer is so obvious: 1. Paul Krugman - He's so good at equations! 2. Arthur Laffer - This guy saw it all coming years ago! He said we'd have a decent slow down! 3. Nancy Pelosi - This woman is a shining example of what it means to be a great Congresswomen with her undying support of Israel. If we give them more money it will stimulate their spending on American goods! 4. Ben Bernanke - Only the greatest Fed chairman in history, need I say more? 5. Henry Paulson - We need a Wall Street insider to calm the markets. How could you guys pick anybody else? Now, the first 5 orders of business! 1. Raise the corporate tax rate to 90% - we need to bring home jobs from overseas! 2. Give a $4.3 trillion stimulus plan to the economy - spending must increase! 3. Set the Fed Funds target rate at -12% - a strong economy needs investment! 4. Set wage/price floors to increase annually 5. Create another 10 million government jobs, mostly directed at helping the environment Yeah that's it! Let's see any of you evil capitalists beat my economic blue print! P.S. - Your sarcasm detector should be beeping violently by now :)
This guy is good...
After some thinking I suppose I would have to hire:
1.Ben Bernanke so I would have a familiar face to show around,
2. Kaspar Oja so I would have a new fresh to demonstrate my willingness towards fresh ideas,
3. John McCain to show that the two parties can get a long
4. Micky Mouse to show that I stand for American values
and finally
5. Jon Stewart for PR
After that I would get on my new Five-point program to reform the state and bring prosperity...
Step 1 - I would make the United States available for privatization
Step 2 - I would set the requirements for the privatization of the state so that only one person on the planet would be able to do it
Step 3 - I would write the state to my name
Step 4 - I would nationalize all real-estate and valuable metals and jewels
Step 5 - I would order the FED to annually print hundreds of trillions dollars and to distribute it to any one who wants it. Just to keep the public happy.
One night I dreamed of chewing up my debetcard - there simply is nothing like hard cash in your pocket!
Lew Rockwell- 30 day plan
Pascal Salin- to make the French loving socialist academia happy
Jeffery Tucker- to stage interviews
Hans Herman Hoppe- to convince Americans that Obama's children should be dictators
that Laffer curve guy- and the bell curve guy
Paul Krugman- good advice on what not to do
Step 1: institute 30 day plan
Step 2: Privatize Washington Monuments, most likely becomes a cell phone tower
Step 3: complete open borders
Step 4: Auction off the government printing presses
Step 5: cancel all debts?
do we get free cheezeburger in socielism?
liberty student: Decision #2 - Layoff 50% of the US government. Decision #3 - Fire 49.9% of the US government
You realize this is going to to leave a little more than 25% of the current government?
Had to think about that one for a second!
There is no way I would work for him!
Sometimes "majority" simply means that all the fools are on the same side
"Alex Jones - We need someone loud.
Decision #5 - Cancel all current and future military/foreign policy expenditures. Use the money to send fruit baskets to countries that America has decimated, manipulated or tortured. Millions of fruit baskets (BUY AMERICAN!)"
This may well have been the greatest post ever made on these forums.
Dude, that's crazy. For the first time in forever, I took notice of my "favorites" thing on my profile, and visited this exact post.
Our subconscies (is this the plural form of 'subconscious'??) must be channeling eachother telepathically.. or something.
James Buchanan
I'm not sure dead people might be appointed.
He wasn't dead when the post was made...
So he was killed because of that. Thanks.
who is john galt
The obvious question that nobody is asking......
if you believe in making government smaller .... why would you HIRE ANYONE???
Most devout libertarian economists will most likely volunteer their advice to help you decide which million of beaurocrats to FIRE each day.