Comments for The Folks Who Couldn't See Spain's Housing Bubble Disapprove of Its Budget Policy at http://www.cepr.net , comment 1 to 4 out of 4 comments http://www.cepr.net Wed, 19 Jun 2013 15:02:49 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/the-folks-who-couldnt-see-spains-housing-bubble-disapprove-of-its-budget-policy/#comment-437 My, my - how quickly perspectives can change...especially when the original no longer comports with reality. It would be interesting if the NYT could bring itself to address at least a few of these instances. Too much to hope for, I suppose, considering other papers don't spend much time on such recriminations either. - Queen of Sheba Tue, 04 May 2010 11:07:19 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-folks-who-couldnt-see-spains-housing-bubble-disapprove-of-its-budget-policy/#comment-428 That would be the same "experts" who for years touted Ireland and Iceland (among others) as examples of the economic benefits of liberal (as in FREE) capital controls and low corporate taxes. That line of bull no longer works, so now it's back to the tried and true: Unions, teachers, entitlements, inflexible European social welfare states with their bloated Governments, immigrants and high taxes, particularly on the rich who as we know are the one's who provide jobs. Throw in socialists, slacking poor people and the CRA, and you pretty much sum up the causes of problems this world faces. - JoeK Tue, 04 May 2010 03:16:50 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-folks-who-couldnt-see-spains-housing-bubble-disapprove-of-its-budget-policy/#comment-425 Well, you're good, then you're not. What's so hard to understand? Don't cry for me, Argentina. Move along folks, there's nothing to see here... - bobbyp Mon, 03 May 2010 20:02:31 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/the-folks-who-couldnt-see-spains-housing-bubble-disapprove-of-its-budget-policy/#comment-424 During the Bubble: Look! A hundred dollar bill on the sidewalk! Don't you read the news? It's probably two or three hundred dollars at least in present value terms after investment in the housing market. That's why it couldn't be there and someone already picked it up. After the Bubble Collapse: Look! A hundred dollar bill on the sidewalk! Don't you read the news? With nothing ahead but staggering debt, expected inflation and falling currency value along with high unemployment, all caused by government spending, the reason a hundred dollar bill is still on the sidewalk is because it's not worth picking up. - izzatzo Mon, 03 May 2010 19:11:16 +0100