by andrewgong01 Tue Aug 22, 2017 10:39 pm
Here's my confusion on ruling out "E" as a valid counter
For "E" we are requiring a few assumptions.
Yes, it is true that the opposing party may have implemented some policy that caused a MASSIVE decrease in family income (e.g. uncontrolled fiscal spending plunging the nation into huge debt causing interest rates to sky rocket) in say 1995. However, to me that is not a good counter to saying "sorry, it is not my party's fault because the previous party in 1995 passed a 'stupid' economic policy.
However, that itself does not seem like a strong counter because the stimulus tells us the decrease occured over a period of 8 years until 2004. If that is the case, couldn't the current governing party still be blamed for their bad econ policies because, for example, they could have passed policies to reverse the bad economic policies? Maybe the party from 1996 to 2004 passed bad economic policies too like capital control. Put differently, even though the previous party may have screwed over the economy, over 8 years from 1996 to 2004 the governing party can still pass 'bad' economic policies such as implementing capital controls.
For "E" to work as a valid objection it seems to require the assumption that the bad policies from 1995 would have to be so bad that no matter what the governing party did between 1996 and 2004 nothing can reverse the trend, which seems like a strong assumption. Put differently, Couldn't the governing party just reversed the policy? How do we know the legacy of the bad econ policy would have carried over after 1995.... By choosing "E" it just seems to require us to assume that the policies from pre 1996 are so bad that we can not blame the governing party that had 8 years to fix the issue but instead over the 8 years the economic conditions worsened?
The reason why I think "A" is not a counter is this hypothetical: For some reason in 1996 there was a sudden increase in income that pushed the economy into a sudden boom and over drive beyond its natural rate. Then after that the economy returned to its natural rate and hence you get a drop of 10% because the drop is merely bringing the economy back its natural equilibrium level and hence there would be a recorded drop but the drop is from an unnaturally high rate to a lower rate so by bringing it down to the lower rate it is not "Bad" econ policies; it is just natural economic forces at work. This obviosuly requires assumptions too as the previous poster said what if the increase in 1996 was just like 0.001%. However, at the same time, I feel that "E" requires assumptions too...