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	<title>Comments for jeffmcbride.net</title>
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	<description>Bandwidth to Burn!</description>
	<lastBuildDate>Wed, 15 Oct 2008 00:58:48 +0000</lastBuildDate>
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		<title>Comment on New word for the day: Pigovian by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/10/new-word-for-the-day-pigovian/comment-page-1/#comment-237</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Wed, 15 Oct 2008 00:58:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/10/new-word-for-the-day-pigovian/#comment-237</guid>
		<description>http://gregmankiw.blogspot.com/2008/10/republicans-democrats-and-stock-market.html</description>
		<content:encoded><![CDATA[<p><a href="http://gregmankiw.blogspot.com/2008/10/republicans-democrats-and-stock-market.html" rel="nofollow">http://gregmankiw.blogspot.com/2008/10/republicans-democrats-and-stock-market.html</a></p>
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		<title>Comment on Redefining Elite by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/09/21/redefining-elite/comment-page-1/#comment-131</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Mon, 22 Sep 2008 02:29:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/09/21/redefining-elite/#comment-131</guid>
		<description>Still waiting on the MPG results from your gas-fill tracking</description>
		<content:encoded><![CDATA[<p>Still waiting on the MPG results from your gas-fill tracking</p>
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		<title>Comment on Electric Clippers by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/24/electric-clippers/comment-page-1/#comment-74</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Thu, 28 Aug 2008 00:57:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/24/electric-clippers/#comment-74</guid>
		<description>Hey, you&#039;ve made it to #3! A result of this post, no doubt. Congrats! Let&#039;s get it to the #1 spot, shall we?</description>
		<content:encoded><![CDATA[<p>Hey, you&#8217;ve made it to #3! A result of this post, no doubt. Congrats! Let&#8217;s get it to the #1 spot, shall we?</p>
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		<title>Comment on Electric Clippers by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/24/electric-clippers/comment-page-1/#comment-62</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Tue, 26 Aug 2008 02:45:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/24/electric-clippers/#comment-62</guid>
		<description>That&#039;s...jawsome</description>
		<content:encoded><![CDATA[<p>That&#8217;s&#8230;jawsome</p>
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		<title>Comment on Time to Get Rid of that Pesky Penny by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/24/time-to-get-rid-of-that-pesky-penny/comment-page-1/#comment-61</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Tue, 26 Aug 2008 02:30:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/24/time-to-get-rid-of-that-pesky-penny/#comment-61</guid>
		<description>Seconded</description>
		<content:encoded><![CDATA[<p>Seconded</p>
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		<title>Comment on Electric Clippers by Becky</title>
		<link>http://www.jeffmcbride.net/2008/08/24/electric-clippers/comment-page-1/#comment-59</link>
		<dc:creator>Becky</dc:creator>
		<pubDate>Mon, 25 Aug 2008 17:05:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/24/electric-clippers/#comment-59</guid>
		<description>Sharing the page with Britney Spears! Way to go!</description>
		<content:encoded><![CDATA[<p>Sharing the page with Britney Spears! Way to go!</p>
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		<title>Comment on Fiscal Conservative vs Tax and Spend Liberal by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/18/fiscal-conservative-vs-tax-and-spend-liberal/comment-page-1/#comment-50</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Wed, 20 Aug 2008 23:32:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/18/fiscal-conservative-vs-tax-and-spend-liberal/#comment-50</guid>
		<description>That&#039;s funny, but the last panel is not quite fair &gt;:o

It&#039;s a logical fallacy to include McCain in there simply because he calls himself a fiscal conservative, to make the implicit suggestion that his presidency would beget a higher budget deficit. He has a 20-some year record of ACTUAL fiscal conservatism.

That said, onto the over-analysis of what is clearly satire:

Firstly, while I agree Clinton was fiscally quite conservative, I wonder if we can attribute the budget surplus entirely to his administration? I wonder what a graph of raw spending increase/rate of increase for the past 30 years would look like compared to a plotting of the size of the tax base. When Clinton was in office, we were kinda in the beginning stages of an economic boom, so it&#039;s entirely conceivable that a large share of the credit goes to increased revenue resulting from increased real GDP simply outstripping the spending increases. I know you can argue that part of the reason for the increased revenue was the Clinton tax increases, but there are studies out there suggesting that the tax hikes represented a net loss both in terms of government tax revenue and later economic growth. It is also worth noting that the president does not in fact have the power to directly set budgeting policy. A president can&#039;t really be given full blame/credit for the budgeting policies his concurrent congresscritters institute. 

Bush Sr.&#039;s economic policy actions I don&#039;t know all that much about, so I can&#039;t say whether he was truly a fiscal conservative or if that was only rhetoric. That said, like Clinton inherited a strong, recovering economy, Bush Sr. got a recession. Again, I&#039;d be interested to compare spending to change in the tax base.

In closing, Clinton is A-OK in my book. He brought us spending reduction, NAFTA, the WTO, and bipartisan economic policy endorsement. And why the McCain hate? If Greenburg must take potshots at the man, at least make more honest ones than guilt-by-word-association implications.</description>
		<content:encoded><![CDATA[<p>That&#8217;s funny, but the last panel is not quite fair &gt;:o</p>
<p>It&#8217;s a logical fallacy to include McCain in there simply because he calls himself a fiscal conservative, to make the implicit suggestion that his presidency would beget a higher budget deficit. He has a 20-some year record of ACTUAL fiscal conservatism.</p>
<p>That said, onto the over-analysis of what is clearly satire:</p>
<p>Firstly, while I agree Clinton was fiscally quite conservative, I wonder if we can attribute the budget surplus entirely to his administration? I wonder what a graph of raw spending increase/rate of increase for the past 30 years would look like compared to a plotting of the size of the tax base. When Clinton was in office, we were kinda in the beginning stages of an economic boom, so it&#8217;s entirely conceivable that a large share of the credit goes to increased revenue resulting from increased real GDP simply outstripping the spending increases. I know you can argue that part of the reason for the increased revenue was the Clinton tax increases, but there are studies out there suggesting that the tax hikes represented a net loss both in terms of government tax revenue and later economic growth. It is also worth noting that the president does not in fact have the power to directly set budgeting policy. A president can&#8217;t really be given full blame/credit for the budgeting policies his concurrent congresscritters institute. </p>
<p>Bush Sr.&#8217;s economic policy actions I don&#8217;t know all that much about, so I can&#8217;t say whether he was truly a fiscal conservative or if that was only rhetoric. That said, like Clinton inherited a strong, recovering economy, Bush Sr. got a recession. Again, I&#8217;d be interested to compare spending to change in the tax base.</p>
<p>In closing, Clinton is A-OK in my book. He brought us spending reduction, NAFTA, the WTO, and bipartisan economic policy endorsement. And why the McCain hate? If Greenburg must take potshots at the man, at least make more honest ones than guilt-by-word-association implications.</p>
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		<title>Comment on New word for the day: Pigovian by Dustin</title>
		<link>http://www.jeffmcbride.net/2008/08/10/new-word-for-the-day-pigovian/comment-page-1/#comment-41</link>
		<dc:creator>Dustin</dc:creator>
		<pubDate>Sun, 10 Aug 2008 22:41:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/08/10/new-word-for-the-day-pigovian/#comment-41</guid>
		<description>Yup. Britain has implemented such with much success.</description>
		<content:encoded><![CDATA[<p>Yup. Britain has implemented such with much success.</p>
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		<title>Comment on Swedish &#8220;Socialism&#8221; by Becky</title>
		<link>http://www.jeffmcbride.net/2008/07/19/swedish-socialism/comment-page-1/#comment-40</link>
		<dc:creator>Becky</dc:creator>
		<pubDate>Sun, 10 Aug 2008 20:33:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/07/19/swedish-socialism/#comment-40</guid>
		<description>I agree with your 2 points. On NPR a week or so ago they were discussing health care in Sweden, I believe, or maybe France, and when the interviewer asked the question &quot;Does it bother you to pay for health care for fellow countrymen?&quot;, (all are required to pay for basic care, like a tax) The interviewee replied that that was an American question. That we are all so individualistic, to a fault here in the US. That in their country they belong to each other and it is to the benefit of all to care for each other. I think that is true in all respects, but particularly with our most vulnerable citizens (the young, the infirm and elderly, and the poor) I would not mind paying a higher tax if someone were to benefit from it. It makes sense to me. Our health care system and education system are outdated and dysfunctional.  Sorry for the soap box.</description>
		<content:encoded><![CDATA[<p>I agree with your 2 points. On NPR a week or so ago they were discussing health care in Sweden, I believe, or maybe France, and when the interviewer asked the question &#8220;Does it bother you to pay for health care for fellow countrymen?&#8221;, (all are required to pay for basic care, like a tax) The interviewee replied that that was an American question. That we are all so individualistic, to a fault here in the US. That in their country they belong to each other and it is to the benefit of all to care for each other. I think that is true in all respects, but particularly with our most vulnerable citizens (the young, the infirm and elderly, and the poor) I would not mind paying a higher tax if someone were to benefit from it. It makes sense to me. Our health care system and education system are outdated and dysfunctional.  Sorry for the soap box.</p>
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		<title>Comment on The LHC: Currently the world&#8217;s biggest, coldest refrigerator by Mary</title>
		<link>http://www.jeffmcbride.net/2008/07/20/the-lhc-currently-the-worlds-biggest-coldest-refrigerator/comment-page-1/#comment-37</link>
		<dc:creator>Mary</dc:creator>
		<pubDate>Tue, 22 Jul 2008 05:17:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.jeffmcbride.net/2008/07/20/the-lhc-currently-the-worlds-biggest-coldest-refrigerator/#comment-37</guid>
		<description>Wow! That is very very cold. :D</description>
		<content:encoded><![CDATA[<p>Wow! That is very very cold. <img src='http://www.jeffmcbride.net/blog/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
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