Comments on: Taxi Driver and Ronald Reagan

By: Bernard

Bernard — Mon, 10 Nov 2008 16:28:12 +0000

Gerald: The concept of not over-taxing things that you actually want to encourage (such as hard work and entrepreneurship) is now accepted by most mainstream politicians and most people don’t see anything ‘loony’ about it.

As for the Reagan+Democrats combination of the 1980s it produced mixed results: an end to stagflation but also huge budget deficits. In the 1990s, the Clinton+Republicans combination built on this by cutting spending and keeping taxes low. Together they created the longest and most powerful economic expansion in US history.

By: Gerald

Gerald — Mon, 10 Nov 2008 14:52:52 +0000

yes ok but what’s the point of your post? I’m not a reporter btw now Assistant Editor,

[Daphne – There’s no point to it. Just as there is, apparently, no point to history and literature.]

By: Gerald

Gerald — Mon, 10 Nov 2008 13:35:30 +0000

What exactly are you suggesting? However it is interesting that you quote Reagan, the right wing secret racist and his loony economic theories.

[Daphne – Quite aside from your description of Reagan, where exactly am I quoting him? This is a piece from The Financial Times, and the story doesn’t quote him either. It can’t, because he’s dead. As a reporter, you should know what a quote is. It comes between inverted commas.]

By: Zizzu

Zizzu — Mon, 10 Nov 2008 13:29:23 +0000

Sliding Doors is more about Schrodinger’s cat and Multiverses, rather than Chaos theory. Lovely film that. It’s based on sound scientific principles, mind you.

By: Tim Ripard

Tim Ripard — Mon, 10 Nov 2008 13:04:21 +0000

OK, I’ve googled it, and I get it.

By: Tim Ripard

Tim Ripard — Mon, 10 Nov 2008 13:00:52 +0000

I’m afraid not, so I can’t understand the reference. Would you be able to explain, or is it too involved?

[Daphne – http://www.imdb.com/title/tt0120148/

It’s a ‘double’ story about what happens to a woman when, one boring humdrum morning, she chooses to get into carriage X on the underground train to work, and then what happens if she gets into carriage Y instead. In other words, it’s all about how the direction of our lives is shaped not so much by major decisions as by minor, routine and insignificant ones.]

By: Tim Ripard

Tim Ripard — Mon, 10 Nov 2008 12:36:43 +0000

Stretching things a bit, isn’t it? Seems to me like the tax cuts stimulated the economy. They were the primary cause. ‘Taxi Driver’ was about four causes removed. Sounds like Mundell is a fan of the Chaos Theory. According to his reasoning, the prankster who called Palin may yet become the saviour of the global economy…

[Daphne – Did you watch the film Sliding Doors?]

By: Zizzu

Zizzu — Mon, 10 Nov 2008 10:30:20 +0000

I’m not sure I figured this out. Who should we try to kill here? Lorry or Joey? :D

By: Harry Purdie

Harry Purdie — Mon, 10 Nov 2008 09:16:24 +0000

Hey Daphne, that’s quite a stretch. Interesting, considering the current global economic troubles. And troubling, considering the interesting times in which we live.