“Recently materials have been circulated alleging that I was involved in the adult film industry 40 years ago in New York,” Cortland County district attorney Mark Suben said during a press conference. “Those allegations are true. I was an actor in adult films for a short period in the early 70s. I was also an actor in other venues including off Broadway, soap operas and commercial advertisements.”

Suben said he regretted lying to the press last month about his involvement in the films, explaining he was “shocked and embarrassed” that the issue had come to light. He described his pornographic performances as “foolish mistakes.”

jerseyhoya wrote:District attorney admits to being 1970′s porn star

“Recently materials have been circulated alleging that I was involved in the adult film industry 40 years ago in New York,” Cortland County district attorney Mark Suben said during a press conference. “Those allegations are true. I was an actor in adult films for a short period in the early 70s. I was also an actor in other venues including off Broadway, soap operas and commercial advertisements.”

Suben said he regretted lying to the press last month about his involvement in the films, explaining he was “shocked and embarrassed” that the issue had come to light. He described his pornographic performances as “foolish mistakes.”

Philly the Kid wrote:econ 101 get learned

jerseyhoya wrote:

Philly the Kid wrote:econ 101 get learned

The Econ 101 I took was about supply and demand and not bizarre fantasy crap like this

Philly the Kid wrote:

jerseyhoya wrote:

Philly the Kid wrote:econ 101 get learned

The Econ 101 I took was about supply and demand and not bizarre fantasy crap like this

Did you read it? Not fantasy crap. CEPR debunks all your trickle down FOX news blowhards who wouldn't know Econ if it hit them in the face.

Be specific JH

Do you understand the difference between budget deficit and trade deficit?
Do you know that SS has nothing to do with the debt/deficit?

What are you talking about?

Government debt is not a net burden to our children since our children will also end up owning the bonds

Philly the Kid wrote:Do you know that SS has nothing to do with the debt/deficit?

jerseyhoya wrote:

Philly the Kid wrote:econ 101 get learned

The Econ 101 I took was about supply and demand and not bizarre fantasy crap like this

People who are upset about China and other foreign countries owning government debt should be yelling about the trade deficit, not the budget deficit. It is the latter that gives them the dollars they use to buy government bonds and other U.S. assets.

On its 2006 budget of $1.3m, CEPR achieved 197 media citations.[1] In 2008 CEPR had the maximum four-star efficiency rating from Charity Navigator.
...
CEPR was founded by economists and current co-directors Dean Baker and Mark Weisbrot in 1999.[4] In addition to Baker and Weisbrot, CEPR's economists are David Rosnick, Eileen Appelbaum, and John Schmitt. The think tank's research fellows include Buenos Aires-based economist Roberto Frenkel, UK-based economist Ha-Joon Chang, and U.S.-based economists Randy Albelda, Marcellus Andrews, Niki Dickerson, William Spriggs, and Ben Zipperer.[5]
CEPR's Advisory Board of Economists includes Nobel Laureate economists Robert Solow and Joseph Stiglitz; Richard B. Freeman, Professor of Economics at Harvard University; and Janet Gornick, Professor at the CUNY Graduate Center and Director of the Luxembourg Income Study.[6]

td11 wrote:

On its 2006 budget of $1.3m, CEPR achieved 197 media citations.[1] In 2008 CEPR had the maximum four-star efficiency rating from Charity Navigator.
...
CEPR was founded by economists and current co-directors Dean Baker and Mark Weisbrot in 1999.[4] In addition to Baker and Weisbrot, CEPR's economists are David Rosnick, Eileen Appelbaum, and John Schmitt. The think tank's research fellows include Buenos Aires-based economist Roberto Frenkel, UK-based economist Ha-Joon Chang, and U.S.-based economists Randy Albelda, Marcellus Andrews, Niki Dickerson, William Spriggs, and Ben Zipperer.[5]
CEPR's Advisory Board of Economists includes Nobel Laureate economists Robert Solow and Joseph Stiglitz; Richard B. Freeman, Professor of Economics at Harvard University; and Janet Gornick, Professor at the CUNY Graduate Center and Director of the Luxembourg Income Study.[6]

td11 wrote:this might be an echo chamber but you're basically an asshole in this thread

Werthless wrote:

bleh wrote:And as a friendly reminder

Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study

I probably didn't read this as closely as you, but can you explain this:

A rise in the capital gains top rate could increase
investment because of reduced risk.

This seems ludicrous on its face, that higher cap gains rates increase investment because it reduces the variability of the returns. I was skimming through the study when I saw this, and I have no idea how anyone can type such a thing with a straight face (unless I'm misinterpreting at this late hour).

That confusion aside, it's clear to many people that follow this stuff closely that the highest economic growth in the last 50 years or so has occurred in Democratic administrations. Most of us have probably seen the charts. We're also aware that the pace of economic growth has been slowly declining since the 1950s (obviously in a cyclical manner, with the business cycles). I'm not exactly sure what a "study" of these data was supposed to find, considering that the study found that all of these relationships were not statistically significant. After all, there are numerous international studies with more robust data that suggest that low government spending, stable political systems devoid of market interruptions, existence of financial stock markets, and low, steady inflation are all statistically significant drivers of economic growth. My first google hit shows this. Or this. And this.

Basically, this study's findings did nothing to "debunk conservative economic theory." But I'm interested in hearing why you (or others) think otherwise.

td11 wrote:it was a response to jerz calling it "bizarre fantasy crap." i generally don't read your smarmy posts.

Werthless wrote:
nm, I'm going to sleep.

Werthless wrote:Without budget deficits, how would China or any other foreign country be able to buy govt debt? US wouldnt be issuing new debt. Trade balance affects current accounts, yeah, but what do foreignors spend their US dollars on? They spend on govt debt created by us due to budget deficits.