It's the Spending Stupid

[NYcarbineer]

Isn't the definition of insanity "doing the same thing over and over and expecting a different outcome?"

Like trickle-down economics?

"Trickle down economics" is just a pejorative term for the free market. The historical record has shown time and time again that the free market works.

Socialism is what doesn't work.

The free market in any real sense of that term has never worked. Government has always had to come to the rescue of those victimized by 'free markets'.

 

[bripat9643]

Yep.

Bush never should have spent so much.

Damn spender!

But it's OK if Obama spends twice as much?

 

[NYcarbineer]

Ask ANY economist if starting two wars and CUTTING taxes is a good idea...

Bush didn't invade Iraq and Afghanistan to improve the economy, and almost every credible economist will tell you that cutting taxes is a good idea.

Almost every economist will tell you that not paying for wars is a terrible idea,

starting with the granddaddy of capitalism, Adam Smith.

 

[bripat9643]

The last stimulus did exactly what it was supposed to do. Can we all stick to the facts please?

You mean it was supposed to keep unemployment above 9% for 32 months?

 

[bripat9643]

Almost every economist will tell you that not paying for wars is a terrible idea,

starting with the granddaddy of capitalism, Adam Smith.

Really? You mean Roosevelt's war spending was not a good idea?

Libturds will use any excuse to increase taxes, and the war is just another excuse.

 

[bripat9643]

The free market in any real sense of that term has never worked. Government has always had to come to the rescue of those victimized by 'free markets'.

Horseshit. Government "comes to the rescue" of fat overpaid union thugs and useless parasites like you.


Government has never solved any problem other then defending the country. it almost always creates a bigger problem.

 

[WatertheTree]

Obama and Liberals still don't get it.

The former stimulus didn't work....yet now they want to repeat the SAME mistake....just slap on a new name and change the amount...

SPENDING like that just adds to the Problem....it's not the Answer....SPENDING is why our country is in deep doodoo...we've been overspending ever since the liberal Great Society plan began in 1965...

.....Lefties want to spend more and increase the size of government which will crush, control, and enslave our free society.... while Conservatives want to stop excessive spending, reduce taxation, and the reduce amount of busybody job-killing interfering government, and set our people free...

This sure seems awful slanderus of the 'leftists'. Consider that under the Bush regime not a single spending bill was rejected. Expensive unfunded prescription drug program, unfunded illeagal war x2, unfunded tax cuts x2. Obama's regime is no different, just steady printing of money and dumping more on the middle class.

Make no mistake, I am not supporting either one of two business parties we have, but I am pointing out that there is no difference between a republican candidate and a democrate candidate. They are all servants to power(money), and will do and say anything to get in office so they can promptly start rewarding powerfull interest groups with lots of lobbiests.

This whole business about Rick Perry... SHEESH, talk about a manufactured candidate. What a phoney! This guy cant decide what party he wants to be a part of because he has no idea's himself, rather his decisions come from people that write him checks. Not to mention he is a big fake jesus freak. Thats enough to put me out, anyone that chooses to tout a fantasy as their guiding moral force should be scrutinized by everyone. Mit Romney is no different, another servant to power ready to further entrench the wealth of his largest donors.

Obama will not be reelected, we can stop worring about that. All the mainstream voters know now he is a phoney and a liar aswell. What has changed since Bush? Nothing (except soon we will be forced at gunpoint to purchase insurance, watch the prices SOAR).

The only person with my vote is RON PAUL. I think he is right in thinking the only way we are going to reclaim our republic from this oligarchy is to return to the constitution and the rule of law. Return power to the states, and thusly return power to the people.

 

[Zander]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

 

[DontBeStupid]

Government spending only increases the size of government which only gets in the way of economic growth

Normally I would agree with this. But with the 10-year yield at 2%, there is obviously no crowding out happening right now.

Lefties want to spend more and increase the size of government which will crush, control, and enslave our free society

How does helping everyone have affordable health care "crush, control and enslave" ?

2,600 pages of government regulations is what crushes, controls and enslaves. Anyone who denies it is a servile toad.

So the actual page count is what matters? Easy fix! Drop that font down to size 6!

 

[DontBeStupid]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

 

[SFC Ollie]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

Consumers need jobs in order to start spending again. Is this really that difficult to understand?

 

[WatertheTree]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

The past few years has been constant heavy stimulation by the federal reserve. They have printed over 16 trillion dollars and loaned it out at 0% interest to our largest corporations and oversea's interest. This figure does not reflect our current government financial crisis and spending, which agian is printed out of thin air.

During this time we have seen the IMF and World bank call for a new global currency, china has steadily and slowly been withdrawing from our bonds since 2008, gold has risen to 1850? an ounce, ground pound is over 5$, gas has crossed 5$, average mechanic bill over 1,000$, and none can afford health care.

But you think its time to just print up a bunch more money.

 

[WatertheTree]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

Consumers need jobs in order to start spending again. Is this really that difficult to understand?

We need jobs, we need education, and we need a currency that doesnt have an interest rate attached to it. Make no mistake we are in this situation because choose to be in this situation. I say we bring back the greenbacks and let all the banks have every last dollar back in currency. Government can pay for infastructer improvements with it and then require everyones income taxes to be paid with it. When there is no more dollars to give the bankers what can they do or say about us not paying our debts?

 

[DontBeStupid]

We are on the exact same path that the Japanese took in their ‘lost decade,’ of running up huge government debts, artificially low interest rates, and failed government "stimulus" schemes. The morons in DC never learn from their mistakes.

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

Consumers need jobs in order to start spending again. Is this really that difficult to understand?

I completely agree! I've been saying that forever! This is why I am in favour of stimulus that involves hiring people in some capacity. I'm in love with Obama's latest plan, but hiring more teachers and hiring people to fix schools will provide jobs and money for many who are out of work. It's not great, but it's better than nothing.

 

[FireFly]

Ask ANY economist if starting two wars and CUTTING taxes is a good idea...

That is exactly what you Democrap Keynesian FDR worshipers call stimulus.

 

[Oldstyle]

Normally I would agree with this. But with the 10-year yield at 2%, there is obviously no crowding out happening right now.


How does helping everyone have affordable health care "crush, control and enslave" ?

Helping people have affordable health care is WONDERFUL...but instead of doing things to make health care affordable...we got Obama Care which has made it more expensive while also lowering the quality of care. It crushes because the cost is going to be astronomical.

Please explain how Obamacare has made health care more expensive while lowering its quality.

Oh, God...we have to do this again? First of all, Obamacare didn't address tort reform...something that some health care experts estimate adds 25% in cost to doctor's office visits because of extra tests done only to protect physicians from law suits. Secondly, having to pay for coverage of people in high risk pools and young people under 26 being piggy backed on their parents insurance will raise everyone's insurance premiums, that's just common sense. Even Obama admitted as much when he made the following statement: "As a consequence of us getting 30 million additional people health care, at the margins that's going to increase our costs -- we knew that."

As for how it's going to lower the quality? You're adding 30,000.000 people to a system that's already overloaded while at the same time you're going to impose cuts to the monies that doctors and hospitals get from Medicare which is going to prompt many of them to put a limit on how may Medicare customers they will accept. So you tell me what happens when you increase the demand for services that much while at the same time you cut the money available to pay for those services? I'll tell you what happens...you get lower quality heath care. Longer waits and inferior services.

 

[SFC Ollie]

Except this isn't considered a mistake. As I understand it, the stimulus plans the Japanese passed throughout the 90s kept them from dropping into a full depression on par with our own Great Depression. Taking that in to account, we should have stimulus this year and next year and then re-visit and see if consumers have paid down enough debt and are prepared to start spending again.

Consumers need jobs in order to start spending again. Is this really that difficult to understand?

I completely agree! I've been saying that forever! This is why I am in favour of stimulus that involves hiring people in some capacity. I'm in love with Obama's latest plan, but hiring more teachers and hiring people to fix schools will provide jobs and money for many who are out of work. It's not great, but it's better than nothing.

And where is that money going to come from? The government cannot pay people already and you think they can provide more jobs? What part of we are 14 Trillion in the hole is so difficult to understand. Jobs need to come from the private sector not the government. 10 jobs in the private sector gives the government tax dollars. 10 government jobs requires tax dollars.

 

[DontBeStupid]

Consumers need jobs in order to start spending again. Is this really that difficult to understand?

I completely agree! I've been saying that forever! This is why I am in favour of stimulus that involves hiring people in some capacity. I'm in love with Obama's latest plan, but hiring more teachers and hiring people to fix schools will provide jobs and money for many who are out of work. It's not great, but it's better than nothing.

And where is that money going to come from? The government cannot pay people already and you think they can provide more jobs? What part of we are 14 Trillion in the hole is so difficult to understand. Jobs need to come from the private sector not the government. 10 jobs in the private sector gives the government tax dollars. 10 government jobs requires tax dollars.

Again I agree. Ideally, jobs should come from the private sector. But they aren't. And if they aren't, what then? They either come from the Government or they don't come from anywhere. I'd rather have Government jobs over no jobs, and I would bet many of the millions of people out of work agree with me.

 

[SFC Ollie]

I completely agree! I've been saying that forever! This is why I am in favour of stimulus that involves hiring people in some capacity. I'm in love with Obama's latest plan, but hiring more teachers and hiring people to fix schools will provide jobs and money for many who are out of work. It's not great, but it's better than nothing.

And where is that money going to come from? The government cannot pay people already and you think they can provide more jobs? What part of we are 14 Trillion in the hole is so difficult to understand. Jobs need to come from the private sector not the government. 10 jobs in the private sector gives the government tax dollars. 10 government jobs requires tax dollars.

Again I agree. Ideally, jobs should come from the private sector. But they aren't. And if they aren't, what then? They either come from the Government or they don't come from anywhere. I'd rather have Government jobs over no jobs, and I would bet many of the millions of people out of work agree with me.

No doubt, yes I want my family to eat next week............

But government jobs do not a recovery make.

 

[daveman]

Obama and Liberals still don't get it.

The former stimulus didn't work....yet now they want to repeat the SAME mistake....just slap on a new name and change the amount...

SPENDING like that just adds to the Problem....it's not the Answer....SPENDING is why our country is in deep doodoo...we've been overspending ever since the liberal Great Society plan began in 1965...

Government spending only increases the size of government which only gets in the way of economic growth.....government spending does not create growth and real jobs...that's what private industry does...

Government needs to get out of the way.....lower corporate taxes, reduce regulations...

It is obvious that we are at an ideological crossroads.....Lefties want to spend more and increase the size of government which will crush, control, and enslave our free society.... while Conservatives want to stop excessive spending, reduce taxation, and the reduce amount of busybody job-killing interfering government, and set our people free...

The GOP wants to turn our Republic into a Plutocracy and that should be a much bigger worry to the average American.

"Who you gonna believe -- me, or your own lyin' bank account?"

/Democratic Party