Troll Hall of Fame: Bryan
Bryan used to troll around Pushing Rope and Tas's defunct blog Loaded Mouth. Tas and I took great joy in mocking Bryan. In 2006, Bryan promised to write a muckraking expose on Tas. Bryan never got to the article because of his busy schedule trolling other progressive blogs.
I wrote the post "Charlie Crist Economics 101." I argued the housing bubbble popped and sales taxes wouldn't pay for Florida's growth. I didn't know residents would start leaving the state. Creating a smaller tax base. Since then the housing market tanked and Florida is in a budget deficit. Bryan took pains explaining to me that this would never happen.
The article you linked indicates a substantial surplus in the current budget.
Given that Crist is correct about Florida's growth, what exactly is wrong with his economic understanding, assuming that that the inherent instability of sales-tax revenue in a tourist-reliant state doesn't lead to an exceptional decrease in revenue?
And if that were the case, wouldn't Crist be able to react in some manner, as by recommending a change in policy to account for the loss in revenue?
What policies changes has Charlie Crist instituted besides raiding trust funds and borrowing money? Cutting programs for the needy and driving the state in debt is not sound policy. Crist balked at the cigarette tax and walked away from Seminole Indian Tribe controversy.
Crist negotiated the deal without legislative approval. The Florida Supreme Court ruled the gaming compact unconstitutional. The Seminoles refused to shut down the blackjack and slot machines. Republicans have asked the federal government to intervene. The state is losing $100 million in tax revenue and Crist has remained silent on his mess.
Bryan the troll declares growth will save Florida.
If Florida is having problems paying for current growth management, then why is there a current surplus?
The housing bubble "popped"?
The bubble pops when prices start going down, not when the rise in prices slows.
Your argument against Crist's understanding of economics boils down to your past observations of tax cuts with increased spending?
We should assume that your past observations were made with similar anticipations of growth, or what?
Where is that Florida surplus, Bryan? The housing bubble popped when people stop buying houses. That is exactly what happened in Florida.
Bryan continues to argue the 2006 housing market was fantastic.
"Do you read your links?"
Of course. What part did you quote that you think translates into the housing market having popped?
The part about decreased confidence about the future?
Does "downward momentum" mean slowing price gains or decreasing prices?
Do you just read into stuff what you want to see, or what?
In 2006, I saw Florida in economic trouble. Bryan, I could ask you if you saw what you wanted to see. But that would be a pointless rhetorical question.
Bryan, you are the first inductee into the Pushing Rope Hall of Fame.
Side note: trolls using performance enhancing drugs will be disqualified.