give us more stimuli, right mame?

[jeff f]

http://www.cnbc.com/id/43239586

http://www.cnbc.com/id/43236764

http://www.ft.com/cms/s/0/aa81cf92-8c3f-11e0-b1c8-00144feab49a.html

http://news.yahoo.com/s/ap/20110602/ap_on_bi_ge/us_economy_missing_workers


the more the planners fail, the more the planners plan.

maybe you should do some searching on this site about what people with common sense in economics, me, no drama, johnnyorganic and others were saying was coming about a year ago.

this is one time that i hate to say....WE FUCKING TOLD YA SO.

as we plan for QE3. oh, boy yippie!!

 

[redivider]

making threads calling out other members is against forum ruuuuless...

anyways,

do you know why the economy hasn't finished rebounding??? b/c the stimulus wasn't big enough and b/c republicans shoved budget cutting down our recovering throats.

now we have a weak recovery in which the middle/lower classes are still struggling while the bosses and big corporations are making more money than ever before.

you water down our economic plans, support initiatives which we warned would hamper our recovery, and now you want to chastise us for not doing a good job??

F U.

 

[newatit2010]

Well damn odummy created 2.5 million jobs, the only thing they were tempory and cost 1 million+ per job.


And the economy will never recover as long as you have the NWO loving fucker in the white house. America does not have enough money for the world folks.


But hell yea china owns America may as well spend those stupid bastards bankrupt too.

 

[tokingtiger]

since this last wave of republicans hit the states and washington, the housing market is taking a new dip, unemployment is rising again.. These are the same idiots that put this country in the mess we are in and they are NOT the answer to fix it.. Obama spent too much but lets add the bailout that Bush gave the banks just to get million dollar bonuses for failing, ( tax free too ).. giving big oil billions in corp welfare, ( after cutting all thier taxes first it was only way to shovel more of OUR money at them) at the same time we have ppl drowning because of Republicans cutting budgets so Firemen are not allowed to save a person if that person is swimming.. or hey, take my medicare that is paid for , for another 20 years!! It is not even part of any deficit except that the overage that we had in our pensions was robbed by washington and they dont want to pay it back. They had it interest free, its our retirement money but we are not super rich or oil companies so the Republicans are trying to steal it from us... my god wake up America!

 

[redivider]

Well damn odummy created 2.5 million jobs, the only thing they were tempory and cost 1 million+ per job.


And the economy will never recover as long as you have the NWO loving fucker in the white house. America does not have enough money for the world folks.


But hell yea china owns America may as well spend those stupid bastards bankrupt too.

NWO will happen no matter who is in office. last century it happened 3-4 times. we can either ignore it, run away from it, or embrace it as we always have and come out on top.

 

[newatit2010]

since this last wave of republicans hit the states and washington, the housing market is taking a new dip, unemployment is rising again.. These are the same idiots that put this country in the mess we are in and they are NOT the answer to fix it.. Obama spent too much but lets add the bailout that Bush gave the banks just to get million dollar bonuses for failing, ( tax free too ).. giving big oil billions in corp welfare, ( after cutting all thier taxes first it was only way to shovel more of OUR money at them) at the same time we have ppl drowning because of Republicans cutting budgets so Firemen are not allowed to save a person if that person is swimming.. or hey, take my medicare that is paid for , for another 20 years!! It is not even part of any deficit except that the overage that we had in our pensions was robbed by washington and they dont want to pay it back. They had it interest free, its our retirement money but we are not super rich or oil companies so the Republicans are trying to steal it from us... my god wake up America!

BUSH IS NOT THE PRESIDENT


And the democrats had both houses and the presidents office last year.


So blame the republicians if you want, but it is your man in the white house fucking things up now.



WAKE THE F UP

 

[mame]

I'll respond, busy ATM.

 

[redivider]

BUSH IS NOT THE PRESIDENT


And the democrats had both houses and the presidents office last year.


So blame the republicians if you want, but it is your man in the white house fucking things up now.



WAKE THE F UP

whoah whoah whoah.

first things first.

republican obstructionism watered down many of obama's key initiatives.

one of the reasons the economy is still hurting is b/c republicans have passed economy-devastating spending cuts at both state, and federal level in an attempt to blame it on obama and have a chance in 2012. these spending cuts undermine the boost we got from the economic stimulus packages.

sure, blame it on obama. the ones pushing agendas which don't really help the economy are republicans.

 

[mame]

I like how they mention interest rates and you think you're right.

Also, QE3? Great! Hope so!

I've said it 1000 times already, and I dont expect to change your mind, but what we need is stimulus plain and simple. If we cannot get Washington to enact a fiscal stimulus than monetary policies are all that remain. Enjoy.

 

[newatit2010]

I like how they mention interest rates and you think you're right.

Also, QE3? Great! Hope so!

I've said it 1000 times already, and I dont expect to change your mind, but what we need is stimulus plain and simple. If we cannot get Washington to enact a fiscal stimulus than monetary policies are all that remain. Enjoy.

How much money is enough 2 trillion, 200 trillion how much is enough? The bastards give it away spend it on shit that creats no real jobs and we will have to pay it back.


So why don't you tell me HOW MUCH MONEY IS ENOUGH????? Will it ever be enough?

 

[newatit2010]

whoah whoah whoah.

first things first.

republican obstructionism watered down many of obama's key initiatives.

one of the reasons the economy is still hurting is b/c republicans have passed economy-devastating spending cuts at both state, and federal level in an attempt to blame it on obama and have a chance in 2012. these spending cuts undermine the boost we got from the economic stimulus packages.

sure, blame it on obama. the ones pushing agendas which don't really help the economy are republicans.

Yea fuck them republicians for trying to stop the country from going bankrupt. Put the democrats back in so those bastards can destroy the country.

 

[MrDank007]

The economy sucks, it has sucked and it will continue to suck. Bunch of fucking morons pissing away cash in the name of economic "theory"

 

[redivider]

Yea fuck them republicians for trying to stop the country from going bankrupt. Put the democrats back in so those bastards can destroy the country.

the country isn't going bankrupt. the republicans are trying to make it harder for the people to access the nation's wealth. they are making it very easy for that money to fall into the control of a select few and that is hurting us, not helping us.

they say that spending is the problem, when the reality is that the wealthy aren't spending neary as much as they are taking in. and that's hurting our economy.

too little people control too much money. that's the problem.

 

[Dan Kone]

Amazing that we elect republicans in 2010 on the platform of economic belt tightening and then the result is a shitty economy.

It's the recession of 1937 all over again.

In the great depression once the new deal started working and the economy was improving, there was a public demand for spending cuts. The result was another recession. Unfortunately we don't learn from our past mistakes and have been doomed to repeat history.

What we need is massive energy/commerce infrastructure renewal projects to put money in people's pockets while improving long term commerce. Government spending is the only way.

 

[jeff f]

How much money is enough 2 trillion, 200 trillion how much is enough? The bastards give it away spend it on shit that creats no real jobs and we will have to pay it back.


So why don't you tell me HOW MUCH MONEY IS ENOUGH????? Will it ever be enough?

these guys are great aren't they?

Not a single economic policy enacted by a conservative in well over 2years, but somehow it's still our fault.

You guys are a hoot.

sorry if I broke that rule red. If a mod could remove mame name that would be great. Thanks

 

[Dan Kone]

these guys are great aren't they?

Not a single economic policy enacted by a conservative in well over 2years, but somehow it's still our fault.

You guys are a hoot.

sorry if I broke that rule red. If a mod could remove mame name that would be great. Thanks

I see. I guess spending cuts and tax cuts for the rich were the democrats ideas?

 

[mame]

How much money is enough 2 trillion, 200 trillion how much is enough? The bastards give it away spend it on shit that creats no real jobs and we will have to pay it back.


So why don't you tell me HOW MUCH MONEY IS ENOUGH????? Will it ever be enough?

When the stimulus was being debated economists were estimating that the government would need to spend $1-1.5 trillion. What we got was a $850 billion stimulus that was half tax cuts. The result is that we got less than half of what we needed and it wasn't enough to get the ball rolling. Redivider is right, the stimulus failed(well, not really, as the money wasn't wasted... but in the broader term of creating a robust recovery... yes.) because it was so watered down - not because stimulus in general is a failure.

oh and, I'd like to add that 1937 not only saw budget cuts like what is happening now - but we also saw the Fed raise rates. This is important. Anyone recall the various debates we've had on these boards about inflation and the Fed? They must keep rates low and it's becoming more and more apparent that QE3 will be necessary (gridlock in Washington is fun!). With interest rates as low as they are (they were under 3% just a few days ago, haven't checked lately) there is no threat of the so called "bond vigilantes"; The debt crisis is horribly overstated and it's painfully obvious.

 

[Dan Kone]

oh and, I'd like to add that 1937 not only saw budget cuts like what is happening now - but we also saw the Fed raise rates. This is important. Anyone recall the various debates we've had on these boards about inflation and the Fed? They must keep rates low and it's becoming more and more apparent that QE3 will be necessary (gridlock in Washington is fun!). With interest rates as low as they are (they were under 3% just a few days ago, haven't checked lately) there is no threat of the so called "bond vigilantes"; The debt crisis is horribly overstated and it's painfully obvious.

^ this ^

This has all happened before and it will all happen again because half of the population are fucking idiots who are easily manipulated by the ultra wealthy.

 

[jeff f]

When the stimulus was being debated economists were estimating that the government would need to spend $1-1.5 trillion. What we got was a $850 billion stimulus that was half tax cuts. The result is that we got less than half of what we needed and it wasn't enough to get the ball rolling. Redivider is right, the stimulus failed(well, not really, as the money wasn't wasted... but in the broader term of creating a robust recovery... yes.) because it was so watered down - not because stimulus in general is a failure.

oh and, I'd like to add that 1937 not only saw budget cuts like what is happening now - but we also saw the Fed raise rates. This is important. Anyone recall the various debates we've had on these boards about inflation and the Fed? They must keep rates low and it's becoming more and more apparent that QE3 will be necessary (gridlock in Washington is fun!). With interest rates as low as they are (they were under 3% just a few days ago, haven't checked lately) there is no threat of the so called "bond vigilantes"; The debt crisis is horribly overstated and it's painfully obvious.

We are 2 to 4 trillion annual deficit as far as the eyes can see. And you still preaching more. Wow, amazing.

Can you please give us an example of where this type of debt has led to prosperity?

I will sit here in the back of class and listen professor mame...

 

[mame]

We are 2 to 4 trillion annual deficit as far as the eyes can see. And you still preaching more. Wow, amazing.

Can you please give us an example of where this type of debt has led to prosperity?

I will sit here in the back of class and listen professor mame...

Uhm, FDR and the great society, WW2, etc ran the deficit over 120% of GDP and the result was the 50's and 60's. The most prosperous time in America. Next?