(September 6, 2011 at 11:20 pm)reverendjeremiah Wrote: Yes. I am sure those are wonderfully accurate equations.
But you still advocate stimulus spending that is entirely grounded in them?
Quote:Quote:And via what mechanisms will you create jobs?
I figured the government actually making jobs would actually make jobs. Apparently I am wrong about that.
No, it will make jobs, so would paying half the people to dig ditches and the other half to fill them up again, the question is "what jobs?" and how can we create jobs simply because we see the need while still ensuring that these jobs are going to be better than just paying people to sit at home, given that these jobs come at the expense of debt + interest? Infrastructure and education are amongst the better ideas provided you can sustain the debt over a long period of time, but these alone aren't enough.
If it was so easy to create jobs that are going to be equitable you wouldn't need the government to do it. As you noticed there are banks sitting on a lot of liquidity who aren't lending, that is because there is a great lack of consumption globally meaning very little opportunities for entrepreneurs and businesses to partake in activities that are going to be profitable or even break even - it is the lack of incentive the lenders face that leads to stalled job-creation and banks sitting on liquidity - The worst part is in considering the origin of this unused liquidity, it came about via Quantitative easing (the creation of money changed the ratio between money:resources meaning that the wages and savings of people are worth less) and Stimulus spending (at the cost of debt) that have done much more harm to the working class and the economy in general than any abject good done by giving banks liquidity.
Quote:Of course that is correct..but only if you are greed minded, and not social minded. Greed minded needs a return that is better. Social minded thinks that a healthy life is all that is needed for a return.
It has nothing to do with greed, even from an entirely social perspective deficit spending has costs, spending money now that doesn't pay off later is going to be much much worse for everyone when the debt matures, especially the poor and middle class.
Quote:"MY" current administration? If it was mine the corporations would be getting a major spanking right now. No. This is OBAMA's administration. Nothing more than an extension of Bush's administration.
By 'your' I was doing little more than referring to Americans. I am well aware of your dislike of the Obama administration.
Quote:No..I'm sure you can tell me what they mean. I have been punished for speaking politics on this forum, and I therefore will no longer put my opinion into the matter.
You have won.
You have been 'punished' (given a warning actually) for flaming, insults and making discussions needlessly personal. Nobody has any problem with you expressing your opinion, it's your attitude and constant nastiness that has earned you a warning.
Furthermore, it was not me who reported your post and during staff discussion about it I abstained from voting due to my inability to be impartial, your warning came from the other members of the staff, 90% of whom share your identification as a progressive. Clearly political opinion had naught to do with it.
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