On Endless Boom and Bust: Two Proposals Towards a Way Out
Oh and that "fuck you" is for scrooge. At least atlasfugged had a cite. Although he/she did call me stupid...
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On Endless Boom and Bust: Two Proposals Towards a Way Out
It's a been rich to ask me believe anything written by a Moody's analyst. I guess maybe they think if they say some nice things about the government they won't have to explain why they were giving sub-prime cesspools like Goldman's Abacus scam AAA Ratings.
and "outside of TARP"??? What's that supposed to mean? Besides the trillions of dollars we dumped into the banks and GM, everything worked out great!! Give me a break...
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On Endless Boom and Bust: Two Proposals Towards a Way Out
It's a been rich to ask me believe anything written by a Moody's analyst. I guess maybe they think if they say some nice things about the government they won't have to explain why they were giving sub-prime cesspools like Goldman's Abacus
This paper uses the "Moody's Analytics Model of the US Economy" (although it's adjusted) to make more meaningless predictions.
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On Endless Boom and Bust: Two Proposals Towards a Way Out
Then maybe they should have been a little more careful about spending my money and fuck you.
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On Endless Boom and Bust: Two Proposals Towards a Way Out
He's advocating taking money out of defense and
"putting it into" something else no? I fall to see how this isn't a cut. Is the Defense Department going to be administrating these new road and bridge rehabilitation programs? Are they going to start taking bids for building windmill farms?
"How do you know the stimulus program didn't work, if you don't know what would've happened without the stimulus?"
Well we spent 787 billion and employment still went through the roof and it looks like we're in for a double dip recession. But maybe it could have been worse? Remember very solid predictions were given about what was going happen post-stimulus. Like creating "or saving" 600,000 jobs by the end of the summer '09 and prevent unemployment from going past 8%. Neither which were even close to being accurate. Not many physicists would still think their models "could still work" if they're initial predictions were so far off.
A guaranteed minimum income doesn't address our real problems. It just gives everyone a loan from the government in the hopes that it will all somehow fix itself.
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On Endless Boom and Bust: Two Proposals Towards a Way Out
Yeah... is this guy really a bond analyst?
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On Endless Boom and Bust: Two Proposals Towards a Way Out
Reich's idea is hardly original. "Cut defense spending" has been a rallying cry for the Left since God was a boy. Of course it's never suggested that this money be given back to taxpayers but should instead be used to fund national champion industries through "stimulus" programs. We just spend 787 billion on a stimulus program that included infrastructure and subsidies and tax breaks for green energy. It didn't move the needle. Why? Because most people don't work on road crews and solar panels are cheaper to make in China even with govt tax breaks. How much are we going to have to spend before we see any effect? 2 trillion, 3 trillion? Keynesian economics will never work in the US. Our economy is too diffuse and diversified. As the last stimulus has shown, the multipliers don't hit enough people.
I'm not even going to bother with a guaranteed minimum income. It's been a dead idea since Nixon
tried it with his GAI proposal.
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On The Bridge to Somewhere
Much ado about nothing...
The US govt and Canada are free to build a bridge wherever they want. If the taxpayers of Detroit want to pay for one, so be it.
Maybe we can spend some of the $750B stimulus on this project. A nationalized trade route to support a nationalized auto industry. Perfect.
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On Doctors Really Not Testing Drug On Pregnant Women So As To Prevent Lesbianism
"CAH women as a group have a lower interest than controls in getting married and performing the traditional child-care/housewife role. As children, they show an unusually low interest in engaging in maternal play with baby dolls, and their interest in caring for infants, the frequency of daydreams or fantasies of pregnancy and motherhood, or the expressed wish of experiencing pregnancy and having children of their own appear to be relatively low in all age groups. "
So it makes them immune to the patriarchy? Nice!
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On Endless Boom and Bust: Two Proposals Towards a Way Out
You're welcome. Actually it's because I ran out of patience. I'm sure you've heard that a lot from the other guy too (besides 'Fuck you" I mean...)