GOP's plan to fight the recession

[zymurgy]

How does that address spending?

I was stupid to think you are the person to have a meaningful debate with

I will again say, bubbles have to be allowed to pop. the end. you disagree, but you are a moron that trolls more than anything, so we will leave it at that - not going to waste time on a troll

 

[LV426]

So my plan is going to require people to tighten their belts and accept that our lower and middle class needs to be more in line with the rest of the world. The problem with this is none of your leaders get to buy votes anymore - and losers like you that are struggling refuse to struggle more - so you just keep demanding we do what we have been doing since 1971

A recession is caused by a drop in spending.

So if you pull your spending back, and I pull my spending back, and the government pulls its spending back, how is the economy growing?

 

[zymurgy]

A recession is caused by a drop in spending.

So if you pull your spending back, and I pull my spending back, and the government pulls its spending back, how is the economy growing?

With less than 5 percent of world population, the U.S. uses a third of the world’s paper, a quarter of the oil, coal and aluminum, and 19 percent of the copper.

we need to consume less. that is the point - when a steroid junkie starts showing health problems, you don't give them more steroids, you take them off

 

[LV426]

With less than 5 percent of world population, the U.S. uses a third of the world’s paper, a quarter of the oil, coal and aluminum, and 19 percent of the copper.

Once again, no plan to tackle the recession because you're too fucking dumb to think of one.

You say everyone should tighten their belts, but that only reduces spending further, prolonging the recession.

So your plan to fight the recession is to make it worse.

That sounds about right for you clowns.

 

[LV426]

we need to consume less. that is the point - when a steroid junkie starts showing health problems, you don't give them more steroids, you take them off

No. People need to be paid more. Wages need to inflate at the same rate as prices, and if they don't, then prices need to inflate at the same rate as wages.

But again, that would require you to have a plan, which you don't have because you're dumb.

 

[zymurgy]

Once again, no plan to tackle the recession because you're too fucking dumb to think of one.

You say everyone should tighten their belts, but that only reduces spending further, prolonging the recession.

So your plan to fight the recession is to make it worse.

That sounds about right for you clowns.

My plan is to allow for a recession - that is the green path forward too.

You idiots think you can print your way into fixing the economy and the environment. fools

 

[LV426]

I was stupid to think you are the person to have a meaningful debate with

I will again say, bubbles have to be allowed to pop. the end. you disagree, but you are a moron that trolls more than anything, so we will leave it at that - not going to waste time on a troll

You have no fucking idea what you're talking about, and you just realized how far out of your league this subject is.

No fucking plan, no ideas, just running your big, fat mouth.

You are exactly as dumb as I said you were earlier in this thread because you've been unable to articulate anything that resembles some kind of plan for combatting a recession.

I think your plan is to not have a plan.

 

[zymurgy]

No. People need to be paid more. Wages need to inflate at the same rate as prices, and if they don't, then prices need to inflate at the same rate as wages.

But again, that would require you to have a plan, which you don't have because you're dumb.

so America - with 5% of the population but using up 33% of the resources just isn't paid enough

if we are paid more - we will consume even more numbnuts - and more people will line up to break in because they want more too.

 

[LV426]

My plan is to allow for a recession

That's not a plan, that's a surrender...and I find it wholly in character for you to throw up your hands and give up when it comes to complicated things you don't understand.

 

[zymurgy]

That's not a plan, that's a surrender...and I find it wholly in character for you to throw up your hands and give up when it comes to complicated things you don't understand.

that is how things work. you can't demand that we only grow in value - that is not capitalism, that is bullshit cronyism

 

[LV426]

You idiots think you can print your way into fixing the economy and the environment. fools

Because we can do exactly that, it just requires you to ditch all the bullshit that has been drilled into that empty head of yours by people as dumb as you are.

So your plan to combat a recession is to just let it happen and hope it ends at some point on its own, even though no recession has ever ended on its own.

 

[LV426]

so America - with 5% of the population but using up 33% of the resources just isn't paid enough .

The only reason we are in a recession is because spending has declined, and the reason spending has declined is because 99% of all workers haven't seen a meaningful wage increase in over a decade.

 

[zymurgy]

even though no recession has ever ended on its own.

 

[LV426]

if we are paid more - we will consume even more numbnuts - and more people will line up to break in because they want more too.

How do you think an economy grows if not primarily through consumer spending?

 

[zymurgy]

The only reason we are in a recession is because spending has declined, and the reason spending has declined is because 99% of all workers haven't seen a meaningful wage increase in over a decade.

yet 5% of the population is using 33% of the global resources

you can't reconcile your whine with this fact - America already consumed more than it should be - and every Green knows it.

 

[LV426]

that is how things work.

No. Not at all. Nothing happens "just because". Everything that happens in our economy happens because of the choices we are making.

There is no "invisible hand", all economic conditions are preordained by policy, meaning we know what is going to work and what is going to fail.

But I get it with you...magical thinking is all you have because you're too fucking lazy to do the work.

you can't demand that we only grow in value - that is not capitalism, that is bullshit cronyism

No, that is capitalism. Extracting value from growth is the job of capitalists and solely capitalists.

You don't even know what the fuck you're saying now...that's how badly I've run circles around you in this debate thread.

 

[LV426]

yet 5% of the population is using 33% of the global resources.

Has nothing to do with the recession.

A recession is when spending drops and the economy contracts, which it will always do if you pull back spending and/or freeze people's wages.

you can't reconcile your whine with this fact - America already consumed more than it should be - and every Green knows it.

You haven't made the connection between American consumption and a contracting GDP.

 

[zymurgy]

No, that is capitalism. Extracting value from growth is the job of capitalists and solely capitalists.

you can't pretend this is capitalism when the rate is set outside of a market by men

sorry, this is cronyism. our friends get preferred treatment - you just admitted we can't allow for less spending - so you are controlling this - not capitalism at all when you control consumption

 

[LV426]

you can't pretend this is capitalism when the rate is set outside of a market by men you just admitted we can't allow for less spending

A recession is caused by a decline in spending, so if you continue to decline spending by pulling the purse strings, at what point does the economy cease contracting?

I should get paid for all the Econ 101 I teach here on JPP for free.

 

[LV426]

you can't pretend this is capitalism when the rate is set outside of a market by men

sorry, this is cronyism. our friends get preferred treatment - you just admitted we can't allow for less spending - so you are controlling this - not capitalism at all when you control consumption

I want to ask you something very basic that is going to come off as mean and condescending, but do you know how an economy grows?