Discussion in 'Politics' started by TheGreatGatsby, Sep 7, 2012.
Big gov't. continuing to get bigger...
What hiring freeze? Federal government continues to post job openings
March 23, 2013 While hundreds of thousands of federal workers brace for unpaid furloughs starting next month, Uncle Sam is still looking to hire.
Why the hell is the government running a freaking scholarship foundation?
Cos government is in the business of picking the winners and the losers now. Or as Romney states, they pick the losers. Cos let's face it; it'll be another humongous failure.
Capital will not increase labor until there is demand.
You cannot create demand through austerity.
This country has had strong demand twice.
1) The postwar years. Demand was fueled by high wages, generous benefits, a federal reserve which used fiscal stimulus to maintain full employment rather than fighting inflation, entitlements freed up middle class dollars for consumption.
2) The Reagan Revolution, which fueled demand by the unprecedented expansion of household debt. As the wages of hardworking families went down (to give capital higher profits), Americans assumed more and more debt to stay afloat.
FYI: #2 worked for 20 years until the debt overhang in the middle class was unsustainable - and then the collapse of the Bush Housing Bubble and the Bush Meltdown basically destroyed what was left of middle class demand.
Now, we are trying to reflate that demand through austerity. This will be seen as one of the greatest fiscal mistakes in history.
Take an economics class and learn what waste really is. Learn about markets and what truly constitutes supply and demand. Then go back and read your post and remind yourself how idiotic you once were. That or continue to be a useful idiot. I'm sure you'll choose the latter.
OKTexas wrote: Why the hell is the government running a freaking scholarship foundation?
Educational infrastructure is our only hope...
... of being able to continue to compete...
... in today's world.
Londoner wrote: This country has had strong demand twice.
1) The postwar years. Demand was fueled by...
... the fact that with American plants and industry the only one left standing, the world of necessity had to beat a path to our door...
... this gave us a pseudo-prosperity that would not have taken place ordinarily, which 'spoiled' us into thinking would last forever.
2) The Reagan Revolution, which fueled demand by the unprecedented expansion of...
... gov't debt trying to outspend the Soviet Union on defense at a time when we had financial problems of our own with the savings and loan scandal...
... which we never fully recovered from and planted the seed for our current financial debacle...
... sort of a smaller version of the sub-prime scandal, both based in housing and real estate.
Go back and look at what Reagan did. He more than doubled the size of the government in eight years. Government spending under Reagan increased by 68% from fiscal year 1981 to 1989. So far, Obama has increased spending 2% from fiscal year 2009 to projected spending for fiscal year 2013.
Those numbers are based on indisputable figures and they are facts.
That's some completely untruthful 'dissent' from a well known liar. I could totally expose this lie. Perhaps [MENTION=6847]Foxfyre[/MENTION] may want to. I personally don't want to spin my wheels b/c you have no interest in truth.
Separate names with a comma.