Recessions are necessary. They make the economy stronger by cleansing it.
yngster said 03/05, 06:36 PM
If you ask me recessions are a necessary part of the American Economy. When the economy is rolling along businesses spend frivolously. A bad recession forces those businesses to cut costs and in the end the business ends up becoming fundamentally sound. It also weeds out inferior businesses.
master_debater said 03/05, 08:38 PM
Although the big multi million dollar businesses might come out stronger, with fatter wallets, the local mom and pop local shops will fail. Are you calling these shops inferior? and how bad do you want this recession to be? individuals economic strength will fall as well if a "bad recession" occurs, especially at this point, the baby boomers are retiring now and our economic strength is what many of them are holing their future on.
yngster said 03/06, 02:04 PM
First of all, I am talking about a simple recession and not a depression. There is a distinct difference. Second of all, I can only think of one mom and pop shop in the city I live in that has closed. That particular business was a corner store market. There were several things wrong with it. The store was dirty and they didn't know how to count change very well. Last time I went there they didn't give me enough change back. This store was weak. It was not operated very well. Now there is a new store there. The new store is clean and I always receive the right amount of change.
Don't you see, businesses that are not fundamentally sound must close so that newer and better businesses can open. That's how recessions make the economy stronger.
master_debater said 03/06, 06:15 PM
Well you did say a bad recession, the problem is that even though your small town store was bad, that does not properly gage how all other small business are ran. Do you know the reason your local store closed was due to the recession? Or was it all the aforementioned problems? you said a bad recession would weed out inferior business, time will also do that.
yngster said 03/06, 08:21 PM
No, time wont cull the fat out of the system unless there is a recession during that period of time. Recession is the reason that time weeds out the inferior businesses. Not every business can thrive. Some of them have to fail so that others can succeed. Answer me this, if we didn't have recessions than how would time weed out the inferior businesses?
master_debater said 03/06, 08:47 PM
Time weeds out the other business, time weeds them out because they are truly inferior, they "wouldn???t give back proper change" they wouldn???t advertise properly causing a low traffic, they wouldn???t sell what the people wanted... time would simply smash the business, they would eventually make enough mistakes to kill the business.
I do see what you are saying, you think that because of a recession that less money would be spent in the said ???inferior??? business, causing people to chose where they spend there money at more wisely. But, in a time where we are in good financial standings less money will still be spent at those stores causing them to be cut out.
And why do we want to help build large corporations that squash out the little guys, if we had many more little stores they would have to compete to keep prices lower, helping people like you and I.
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Consequentialist Libertarian... I am 20 years old and I'm debating with people twice my age. I agree that I may not be as good of a debater as some of the others on this site but thats because I'm not as old as they are.
yngster | 03/06/08
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With all due respect, age isn't an excuse, you just have to research and develop your stances on issues, you can do that at any age.
base89 | 03/06/08
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Also, don't blame age, that just makes all of us young debaters look bad, our age shouldn't matter, a good point or idea should be considered no matter how old the person who said it was.
base89 | 03/06/08
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You both also need to read up on economics. There's clearly a lack of understanding of the subject being debated.
Junius Brutus | 03/06/08
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yeah it does make us look bad I???m much younger than most of you are I???m in high school... thank you for the suggestion i will research more in-depth.
master_debater | 03/06/08
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How exactly does a recession help the economy? "A bad recession forces those businesses to cut costs and in the end the business ends up becoming fundamentally sound. It also weeds out inferior businesses." Cost cutting measures. What is usually the first thing to be cut? Jobs. Without jobs how can people pay debt? They can't. What happens next? The debt companies raise their rates. Now this debt cant dissappear on its own, someone has to pay for it, the investors in the debt companies end up paying more. If investors pay more, they will be afraid to spend more money because they have less of it. If less money is being spent (or trickled down, **** you reaganomics turning the poor into slaves), then peple and business are making less money. Making less means cutting costs, and cutting costs means cutting jobs. What a destructive cycle. Repo companies thrive and banks are now focused on low risk wealthier investors. As for inferior business, stupidity is a sign of weakness, but what about the strong companies who thrive on lobbying and espionage? Look at the Lincoln Savings and Loans scandal, because of their strong points they were able to bilk to american people(who end up paying for every misdeed and government wrongdoing) out of trillions of dollars. Now are paying for it with this national deficit that sounds more like a trumped up lie to scare people rather than make any effort to pay it off. If it is real then only God can help the average American make ends meet while trying to support a family, keep his own debt in check (see mortgage and subprime crisis), pay for insurance that raises in rates in when it is used, pay for a college education for his/her children, and the double whammy to the ****, pay an income tax whereas most people who earn a mil+ buy lawyers and accountants to avoid paying anything in taxes(as well as avoid any jailtime).
AhavahOlam | 03/06/08
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Worst of all the income tax isnt a law, its an amendment that was never passed, because enough states didnt vote on it. (Didnt vote? WTF) Americans wake up and smell the truth. This country has been running on lies ever since James Madison took office (see founding fathers and their ties to free masons). There are so many lies that the mainstream media refuses to address because it earns its bread and butter from the average american being so far in debt their only hope for a better life is to read about it. Stop worshipping the false Gods and false prophets of plutocracy and help your fellow man into the light of truth. Do this in peace and love, anything else would only stir the flames of contention, and those that in power are ready for a violent rebellion. If you would like more information on the topic of the big lie and false worship, check out the latter rain: http://latter-rain.com/. The time is now people, wake up and help your brotherman whoever it is (be it Clinton, Bush, the pedophile, the teacher, the priest, so on and so forth we all equal in Gods eyes) into the truth. If they will not listen then band together and in the spirit of democracy let the true voice of freedom ring.
AhavahOlam | 03/06/08
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recessions are unnecessary. americans are quite dumb in the economics dept of america. they think that when we are not in recession, they should spend, instead of save. and when we go into one, they save, when in fact they should spend to get our economy back up. WE NEED TO START THINKING PEOPLE!!!
crazie | 03/06/08
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Age isn't an excuse, don't use it. I'm in high school, and I won against a war veteran. If you're good, it doesn't matter how old you are.
Accidental Democrat | 03/06/08
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yngster, I am 21. Age is no excuse.
Consequentialist Libertarian | 03/07/08
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YEAH I WON! HOO-AH! and i am totaly not rubbing it in you face! and i think that quiet a few of us are pretty young in this system.
master_debater | 03/10/08
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Its ok that was a good debate. I was excited when I won my first debate too. I dont take these debates personaly. Its just a debate. "When you have the facts on your side, argue the facts. When you have the law on your side argue the law. When you have neither, holler. - I think its about time I started hollering. LOL
yngster | 03/10/08
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Whats the Hoo-AH thing all about? Are you joining the Marines out of High School or something? LOL
yngster | 03/10/08
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Yeah I admit that useing age as an excuse makes young debators look bad. But honestly, are any of the young debators going to beat PHil? Not likly. Are we going to beat Austhus? Not likly. Are we going to beat the Libertarian? Not likly. We stand a better chance when we're older.
yngster | 03/10/08
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Yeah I admit that useing age as an excuse makes young debators look bad. But honestly, are any of the young debators going to beat PHil? Not likly. Are we going to beat Austhus? Not likly. Are we going to beat the Libertarian? Not likly. We stand a better chance when we're older.
yngster | 03/10/08
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Who made the its time we started thinking people comment? I heard one of my professors go on for 20 minutes about how they are necessary and I after listening to that lecture I happen to think that they are necessary.
yngster | 03/10/08
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WOw I didnt realize that the libertarian is 21 I'm suprized.
yngster | 03/10/08
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Only Axl Rose remains in the group, but since 1987 GnR has been rocking with fury
More than 50 years of cover stories about the 35th President
I say this with all do respect, but you both need to work on your debate skills. Why don't you guys try researching your respective positions and then incorporate what you read into what you type. 1200 characters is not that much room to fill; I know you can both do it!
Consequentialist Libertarian | 03/06/08
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