For you who know a bit about economics...

Jarod

Jarod

Well-known member
Contributor
Do you honestly belive that in a slowing and almost stagnant recovery, threatning to become a second recession, that spending cuts are what we should be doing?

Is it almost a foregone conclusion that this will slow the economy even more?

Is that the goal, to prevent any good recovery until after 2012?
 
as you obvioulsy know less than something about economics. In short Yes

follow up, they aren't cutting dick
they are cutting the rate of growth
 
Jarod said:
Do you honestly belive that in a slowing and almost stagnant recovery, threatning to become a second recession, that spending cuts are what we should be doing?

Is it almost a foregone conclusion that this will slow the economy even more?

Is that the goal, to prevent any good recovery until after 2012?
Click to expand...

Jarod, it was not too long ago that you were on here talking about how great the recovery was and calling out all the people who predicted that it might turn downwards. What do you believe has happened since then?
 
Jarod said:
Do you honestly belive that in a slowing and almost stagnant recovery, threatning to become a second recession, that spending cuts are what we should be doing?

Is it almost a foregone conclusion that this will slow the economy even more?

Is that the goal, to prevent any good recovery until after 2012?
Click to expand...

you're under the hugely mistaken assumption that more spending is going to somehow revive the economy. your last stimulus didn't work, what makes you think this one will?

hsbc bank just recorded 11.5 BILLION in profits, yet cut 30,000 jobs world wide and more are coming. this is because the nations debt and spending is unsustainable.

cutting spending will reduce the growth of the economy short term, but will produce a more stable foundation in the long term for ecomonic growth.
 
SmarterThanYou said:
you're under the hugely mistaken assumption that more spending is going to somehow revive the economy. your last stimulus didn't work, what makes you think this one will?

hsbc bank just recorded 11.5 BILLION in profits, yet cut 30,000 jobs world wide and more are coming. this is because the nations debt and spending is unsustainable.

cutting spending will reduce the growth of the economy short term, but will produce a more stable foundation in the long term for ecomonic growth.
Click to expand...

Possibly true, but very risky. The economy is really stagnating right now. I am concerned that further job losses (from the cuts) as well as less money getting pumped into the economy will set us back quite a bit.
 
Jarod said:
Do you honestly belive that in a slowing and almost stagnant recovery, threatning to become a second recession, that spending cuts are what we should be doing?

Is it almost a foregone conclusion that this will slow the economy even more?

Is that the goal, to prevent any good recovery until after 2012?
Click to expand...

This must be the vomit they are spewing over at DailyKos today, because both you and Onzies are here lecturing us about economics, when it's a fucking miracle either of you can even spell economics.

The economy sucks for several reasons, one of them being, there is no confidence on the world markets, that we can pay our debts. Our dollar is declining in value because Keynesian nitwits who 'know' about as much on the economy as you and Onzies, are printing money as fast as the presses will run. Then there is the uncertainty created by the endless stream of government mandates to come from this administration and Democrat congress. That is killing job creation and growth. Add all of this to the anti-capitalist free market tone from liberals in power, and that's why the economy sucks, and will continue to suck until we get you fuckwits out of power.
 
the unemployment for skilled labor is almost non existant. There are plenty of jobs unfilled due to lack of qualified candidates.
gex x slackers that went to college for video game playing/making might be hurting.
 
cawacko said:
Jarod, it was not too long ago that you were on here talking about how great the recovery was and calling out all the people who predicted that it might turn downwards. What do you believe has happened since then?
Click to expand...

The new numbers have shown that the recovery has signifigantly slowed signifigantly. I blame two things, one the uncertantly created by the Republicans over this debt cealing. Two the cesation of the TARP and stimulus money from its flow into the economy.
 
SmarterThanYou said:
you're under the hugely mistaken assumption that more spending is going to somehow revive the economy. your last stimulus didn't work, what makes you think this one will?

hsbc bank just recorded 11.5 BILLION in profits, yet cut 30,000 jobs world wide and more are coming. this is because the nations debt and spending is unsustainable.

cutting spending will reduce the growth of the economy short term, but will produce a more stable foundation in the long term for ecomonic growth.
Click to expand...

Imagine where we would be had we not had the stimulus.....
 
Onceler said:
Possibly true, but very risky. The economy is really stagnating right now. I am concerned that further job losses (from the cuts) as well as less money getting pumped into the economy will set us back quite a bit.
Click to expand...

Then they will blame the President.
 
we might have been way better off without the stimulus.
As the fuckign thing didn't do nearly what Obama and Krugman said it would.

Also, if we had x % of the economy as bullshit packaged dog shit, why the die at all cost to get back to that phoney number?
 
Republicans have one strategy: damage the economy so that the Black President loses in 2012.


For years, they told us that tax cuts produce prosperity.
 
Jarod said:
The new numbers have shown that the recovery has signifigantly slowed signifigantly. I blame two things, one the uncertantly created by the Republicans over this debt cealing. Two the cesation of the TARP and stimulus money from its flow into the economy.
Click to expand...

So economic growth slowed in the first two quarters this year becauses businesses knew that at the end of July there would be a battle to reduce spending tied to debt ceiling?
 
Members of Congress from both parties fear their leaders may have conceded too much ground in an emerging deal to raise the debt ceiling, a sign of how difficult it’ll be for a sweeping plan to be signed into law before the government begins to default on its debt later this week.




“It’s going to be insufficient, clearly,” said Sen. Jeff Sessions (R-Ala.), the top Republican on the Budget Committee. “I don’t like all these secret talks. We have not done anything publicly.”


http://www.politico.com/news/stories/0711/60321.html#ixzz1TnHwDbd9​
 
Jarod said:
The new numbers have shown that the recovery has signifigantly slowed signifigantly. I blame two things, one the uncertantly created by the Republicans over this debt cealing. Two the cesation of the TARP and stimulus money from its flow into the economy.
Click to expand...
This gem from the boob that posted for those that know something about economics.....:palm: (its nice to see most ignoring the troll)

:lol:
​
 
Dixie said:
This must be the vomit they are spewing over at DailyKos today, because both you and Onzies are here lecturing us about economics, when it's a fucking miracle either of you can even spell economics.

The economy sucks for several reasons, one of them being, there is no confidence on the world markets, that we can pay our debts. Our dollar is declining in value because Keynesian nitwits who 'know' about as much on the economy as you and Onzies, are printing money as fast as the presses will run. Then there is the uncertainty created by the endless stream of government mandates to come from this administration and Democrat congress. That is killing job creation and growth. Add all of this to the anti-capitalist free market tone from liberals in power, and that's why the economy sucks, and will continue to suck until we get you fuckwits out of power.
Click to expand...

Under your theory then, the economy must have been great when you "fuckwits" had power right Dix?
 
Return of Dune said:
Under your theory then, the economy must have been great when you "fuckwits" had power right Dix?
Click to expand...
Yeah....pretty much.....a stable economy, a growing economy, low unemployment (average 5.3% over 8 years),

then we lost power to the Democrats in mid term Congressional elections.....downhill from then on.....

so you got it pretty much right.....
 
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