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Maybe TJ really IS Elvis..........because only Elvis could spew some stupid sh!t like that with a straight face.

What a f'n goat.

I disagree. The talk of a so-called bubble only began to be heard when the economy began to cool toward the end of the Clinton administration. The Republicans put this idea forward as a way to explain the economic success of the Clinton years. Prior to that, however, Republicans actually credited Reagan for the economic success of the 1990's.

Refute Friedman and Reich? TJ, generally you can't prove a theory or null hypothesis. The way the test works is you reject the null hypothesis or fail to reject the null hypothesis, but you can't accept the null hypothesis.

By way of analogy:
Null hypothesis: there is no gold in them thar hills.

I go look and find gold, therefore reject the null hypothesis.

I go look and despite my best efforts I find none, therefore fail to reject the null hypothesis.

But no matter what, I can't accept the null hypothesis because it's impossible to prove there ain't no gold in them thar hills.

Ergo economic theories. Economists develop theories. Nobody proves them, but some are proved false. Consequently your challenge that we refute your economists beliefs (not the same as facts) is like suggesting we go spit into the wind. No thanks; you're wasting your time.

And BTW, yes, I've been taxed on CG, like that's got anything to do with the price of milk in Chicago.

Sg

Here's another piece of Republican illogic: Conservatives deny that Clinton's 1993 tax bill deserves any credit in the economic recovery we saw in those years. And why is that? Because according to them the economy was well on its way to recovery before Clinton took office. Yet what was it that so angered Republicans with the first President Bush? The answer is simple: he broke his "read my lips, no new taxes" pledge. So apparently the economy began to recover after Bush raised taxes but it was somehow not a factor when Clinton did so.

I challenge anybody to go back and see what the Republicans were saying in 1993 about Clinton's tax proposal. Then compare those claims to what Clinton claimed the bill would do for both the economy and the deficit. After that, please come back here and tell us which prediction proved to be correct.

you obviously don't actually understand what a capital gain is and no amount of cutting and pasting google searches will help you.