Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I am not expecting anything -- I am just saying that a lot could change in 30 years. So it would be premature to fix now the fiscal problems that are projected 30 years down the road.
And that is asinine. It is projected to become a disaster 30 years down the road, a disaster that cannot be adverted last minute.
We still can wait 10 years -- 20 years is hardly last minute.
And that is asinine. It is projected to become a disaster 30 years down the road, a disaster that cannot be adverted last minute.
We still can wait 10 years -- 20 years is hardly last minute.
The problem comes in that people have had that scenario for decades and yet it has yet to actually happen. You can tout the stimulus all you want but the fact remains that there are debts as far as the eye can see and they are not simple existing debt but rather continual deficits building year after year after year. If I could believe that what you are purposing could actually happen, then there is a possibility that I could agree with you but the fact is that history is showing us that our future selves are no more likely to want to pay the inevitable prices that have to be paid than our current selves. 10 years from now, people will say the EXACT same thing you are saying now. We must continue to spend to and help the economy all whilst selling out the future. At some point, we will HAVE to pay and the sooner we get into that mode the better (and cheaper) the bill is going to be. Smaller moves today will make for bigger returns tomorrow.
If we continue on this path though, there is going to be nothing left.
And that is asinine. It is projected to become a disaster 30 years down the road, a disaster that cannot be adverted last minute.
We still can wait 10 years -- 20 years is hardly last minute.
The problem comes in that people have had that scenario for decades and yet it has yet to actually happen.
You can tout the stimulus all you want but the fact remains that there are debts as far as the eye can see and they are not simple existing debt but rather continual deficits building year after year after year.
10 years from now, people will say the EXACT same thing you are saying now. We must continue to spend to and help the economy all whilst selling out the future.
We still can wait 10 years -- 20 years is hardly last minute.
The problem comes in that people have had that scenario for decades and yet it has yet to actually happen.
Yes, having a disaster projection 30 years down the road, -- we can happily live with that forever.
You can tout the stimulus all you want but the fact remains that there are debts as far as the eye can see and they are not simple existing debt but rather continual deficits building year after year after year.
Yes, and we have the economy expanding year after year after year too. That is why we could afford to have deficits and exponential growth of debt in the past 200 years, thank you very much.
10 years from now, people will say the EXACT same thing you are saying now. We must continue to spend to and help the economy all whilst selling out the future.
No, we won't be saying the exact things because we do not expect the economy to be in a depression 10 years from now. And, therefore, we won't need any fiscal stimulus because the economy will not need any help.
Oh yes, because all that monetary expansion over the last several years could NEVER bring inflation back.
Oh yes, because all that monetary expansion over the last several years could NEVER bring inflation back.
What inflation are you talking about, you silly thing?
Oh yes, because all that monetary expansion over the last several years could NEVER bring inflation back.
What inflation are you talking about, you silly thing?
What part of bring inflation back is causing you a comprehension problem?
What inflation are you talking about, you silly thing?
What part of bring inflation back is causing you a comprehension problem?
Where we are supposed to bring the inflation back to? It has been staying at the same level for the past 20+ years!
What part of bring inflation back is causing you a comprehension problem?
Where we are supposed to bring the inflation back to? It has been staying at the same level for the past 20+ years!
Being a Keynesian I'm sure you think that is sustainable. The rest of us realize that the fed rate is not sustainable and interest rates will accelerate.
Where we are supposed to bring the inflation back to? It has been staying at the same level for the past 20+ years!
Being a Keynesian I'm sure you think that is sustainable. The rest of us realize that the fed rate is not sustainable and interest rates will accelerate.
That will happen AFTER the economy is completely recovered and is booming again. Same is true for inflation -- until there is lot of unemployed people willing to work for less pay, inflation will remain low.
Oh yes, because all that monetary expansion over the last several years could NEVER bring inflation back.
What inflation are you talking about, you silly thing?
Oh yes, because all that monetary expansion over the last several years could NEVER bring inflation back.
What inflation are you talking about, you silly thing?
Right here.
In case you are wondering what you are looking at, the red line is the average of the S&P divided by the cost of a gallon of gas, the blue line is tracking the price of a gallon of gas. Prices of commodities are going up, and the return on investments is going down. That, despite all the numbers that indicate otherwise, is inflation.
What inflation are you talking about, you silly thing?
Right here.
In case you are wondering what you are looking at, the red line is the average of the S&P divided by the cost of a gallon of gas, the blue line is tracking the price of a gallon of gas. Prices of commodities are going up, and the return on investments is going down. That, despite all the numbers that indicate otherwise, is inflation.
There are always things that get more expensive, while others get cheaper. What matters is the overall inflation.
QW, your a killjoy. lol
You can get a similiar graph with food prices, though a bit more muted.
What inflation are you talking about, you silly thing?
Right here.
In case you are wondering what you are looking at, the red line is the average of the S&P divided by the cost of a gallon of gas, the blue line is tracking the price of a gallon of gas. Prices of commodities are going up, and the return on investments is going down. That, despite all the numbers that indicate otherwise, is inflation.
There are always things that get more expensive, while others get cheaper. What matters is the overall inflation.
Right here.
In case you are wondering what you are looking at, the red line is the average of the S&P divided by the cost of a gallon of gas, the blue line is tracking the price of a gallon of gas. Prices of commodities are going up, and the return on investments is going down. That, despite all the numbers that indicate otherwise, is inflation.
There are always things that get more expensive, while others get cheaper. What matters is the overall inflation.
Go ahead ignore the effects of gas on overall price increases.
We still can wait 10 years -- 20 years is hardly last minute.
The problem comes in that people have had that scenario for decades and yet it has yet to actually happen. You can tout the stimulus all you want but the fact remains that there are debts as far as the eye can see and they are not simple existing debt but rather continual deficits building year after year after year. If I could believe that what you are purposing could actually happen, then there is a possibility that I could agree with you but the fact is that history is showing us that our future selves are no more likely to want to pay the inevitable prices that have to be paid than our current selves. 10 years from now, people will say the EXACT same thing you are saying now. We must continue to spend to and help the economy all whilst selling out the future. At some point, we will HAVE to pay and the sooner we get into that mode the better (and cheaper) the bill is going to be. Smaller moves today will make for bigger returns tomorrow.
If we continue on this path though, there is going to be nothing left.
Ain't that the truth. We have had this problem for decades, and we will always have people like ilia around to say we can wait a bit longer. I won't support anyone who is not willing to stand up and say we need to deal with this now, and that does not include Obama.
