Reference is made, at the bottom of the post: To an altogether simple way of showing how Keynesian stimulus applies in modern arithmetic--and so on that basis, why it doesn't work. Real Deficit Reduction does not happen with basis in speeding up the money. English Lord Keynes relied on a sense of Central Government. Mainly, what central government offers modern economies is a sense of assurance about the value of the currencies. Bill Clinton had been elected President. Anyone could remind the liberals that, "These people have the Bomb!" The second oldest profession became, "The Economy, Stupid!"
Anarchy is a socialist varietal, but not a Communist concept. An anarchy can be called a "Civilization Without Borders:" Mostly regulatory on a localized basis of accessible public organizations--information technology linked, anymore. A janitor can go into an office to clean it. The janitor further has the entire HQ of the service in a hand-held device, complete with records and pictures.
Fast-backward to the Worldwide Great Depression Time-Frame. Public Works spending was happening in the New Deal. Next to nothing is happening now. So at the outset of WWII, the nasty 9% level of unemployment was still happening. Next would come, "Rosie the Riveter" jobs creation, and military death. Truman dropped the bomb. Eisenhower won the White House, even.
The previous eight sentences show an historical time-frame, replete with Central Government effects. The basis arithmetic had become English, aristocrat, gay, and central government. It was all about Keynes. The problem needing to be shown is that it failed to take into account the distribution of the spending effects. Pundits will say that central government is coercive. The famous Fable-Maker, Jesus ben Joseph, Son of Mary, called "Oh Christ," mostly in English: Had mainly discounted that in one or another stories and anecdotes. About Paying Taxes: Ceaser got taxes. A deity alleged got everything else. All the other peoples got zip! Priests were agents of a deity. Then comparing: Great Depression era New Deal spending did a Great Reversal of the spending effects of money. CCC programming effectively took labor off of the street, and told it to send money home. So cash was available. Deficit was happening. That expanded in WWII. No chance was offered to pay much down.
The Keynesian mistake was not about the spending, but the consequences. The Arithmetic of Matt 25: 14-30, applies. Richer investors were getting richer. Everyone else was getting shot at(?). In the Fable-Maker's tale, 1/3 of the service workers get Cast Into Outer Darkness. There is embellishment even. Weeping and Gnashing of Teeth are alleged. Lion Pits could even be said an Imperial Roman invention, following the Fable-maker's story. The followers all went to martyrdom, praying for it, even.
Compared to New Deal, the martyrs would not be said big spenders, back at the neighborhood, in all the stores. Tax Collecting was probably a Better Business concept to the Imperial Romans. The Fable-Maker's people were screwed.
And not much has changed. There was temporary relief under the Spring Stimulus. The Republicans all bitched about it. The Stock Markets, however, all soared. Then the Stimulus spending went away. Trumped-Up pitiful Executive memoranda were insufficient of effect or concept to do any good. Fires and Floods were actually worse, and more destructive. They still were nowhere near Armageddon levels.
The Stimulus recovery stalled. The September Stock Markets Swoon is likely to continued. See more below, later on.
The problem is not the Keynesian math. The problem is the Distribution of the funding: Into the general economy. Matt 25: 14-30 doesn't work. Obama-Biden applied Matt 20: 1-16, if badly--after 2000 years dormant. Pelosi did it better. Business organizations now want it back. LOWER INCOME SPENDING QUITE LITERALLY REVERSED THE TREND TO INCREASED UNEMPLOYMENT, AND ENCOURAGED A NEW TREND IN A LESSENING DIRECTION. Even taxable incomes were getting restored, and sales and use taxes, fees and service charges.
Seven more sentences, and government is irrelevant--except as a source of currency, and the value of an acceptable mass medium--used to denominate transactions. The eighth one is mostly a sudden recognition of what was underway.
Make a rectangle with a diagonal from the lower left, to the upper right. Make four quadrants. Lines with an infinite number of dots can be drawn from the left side of the box, to the diagonal. An upside-down Triangle happens. That is the outcome of a fixed percentage raise of incomes. The people cast out are in a lower left quadrant--unable to keep up with wage levels required to pay price rises, at the center of the diagonal. Excess is paid at the levels above the center. Then Keynes and Monetarists flood the other triangle with the deficit spending: BUT LESS WOULD HAVE TO GO TO THE TOP, MORE TO THE LOWER INCOME LEVELS--THE RECENT EFFECT OF THE STIMULUS THAT MADE THE REPUBLICANS REJECT THE WHOLE THING. Lines continue from the diagonal off to the other side of the rectangle, with all the little dots.
The source of all those dots is credit--about $85.0 tril. in the credit market currently. Many would call that close enough to an infinite number of little dots, representing currency units. Mortgages, lines of credit, credit cards, car loans state, local, and federal deficits. . .and on and on: Happen. Extending the lines all the way to right side of the box effectively creates: Matt 20: 1-16. The labor is eligible for equal pay regardless if they worked all the day, or year, or not. So that is like the $1200 stimulus checks. The remedy for the Living Wage disparities--the Enhancement Money--was an actual attempt at deficit reduction. Lots more lower income spending--like never before in history--creates tax revenues.
Biden understands this. The Trumped-Up had cut taxes for the rich instead. So the Stimulus was on the verge of working, in its entirety. Keynes promised deficit reduction. Following arithmetic, actually that can happen.
So what's with the taxes? Banks can create credit. Historically they fail. Matt 25: 14-30 doesn't work. Federal Reserve created a Central Bank, and a membership organization of other lenders. Other Central Governments started to look similar. Karl Marx had proposed a Centralized Credit system--with no particular attention to the impact of usury. The Rich get richer, the poor not enough. The Soviet Union went out of business. Matt 25: 14-30 doesn't work.
Then do acknowledge the source material: "You Don't Know Me! Don't Leave Rome Without It! Matt 20: 1-16 (Philip W. Gregg, M. A, Unpublished, 1973)" Free Venice Beachhead, 1980's time frame--a virtual cereal(?) drama--(a fifth quadrant even describes the credit-source of inflation--higher prices to replay credit--a box even with a pouring spigot!).
All those Central Banks have something in common. Regional and International regulatory mechanisms have depository sources. Then if there are incomes, top to bottom, and Matthew 25: 14-30 doesn't work. Then price inflation needs adjustment, is all. A central depository currency created, Cost of Living Adjustment, even indexed for inflation. The accountants remain employed, but not keep track of central organization deficits.
You could even say it: "All the dots are connected!"
"Crow, James Crow: Shaken, Not Stirred!
(Clearly: Teaching is not possible--at any grade level--without the doctoral degree: Unless it is believed that some kids are better than other kids, and that all the other kids are not worth the extra effort! Only the Old Wrong Ways are applied in the schools!)
Anarchy is a socialist varietal, but not a Communist concept. An anarchy can be called a "Civilization Without Borders:" Mostly regulatory on a localized basis of accessible public organizations--information technology linked, anymore. A janitor can go into an office to clean it. The janitor further has the entire HQ of the service in a hand-held device, complete with records and pictures.
Fast-backward to the Worldwide Great Depression Time-Frame. Public Works spending was happening in the New Deal. Next to nothing is happening now. So at the outset of WWII, the nasty 9% level of unemployment was still happening. Next would come, "Rosie the Riveter" jobs creation, and military death. Truman dropped the bomb. Eisenhower won the White House, even.
The previous eight sentences show an historical time-frame, replete with Central Government effects. The basis arithmetic had become English, aristocrat, gay, and central government. It was all about Keynes. The problem needing to be shown is that it failed to take into account the distribution of the spending effects. Pundits will say that central government is coercive. The famous Fable-Maker, Jesus ben Joseph, Son of Mary, called "Oh Christ," mostly in English: Had mainly discounted that in one or another stories and anecdotes. About Paying Taxes: Ceaser got taxes. A deity alleged got everything else. All the other peoples got zip! Priests were agents of a deity. Then comparing: Great Depression era New Deal spending did a Great Reversal of the spending effects of money. CCC programming effectively took labor off of the street, and told it to send money home. So cash was available. Deficit was happening. That expanded in WWII. No chance was offered to pay much down.
The Keynesian mistake was not about the spending, but the consequences. The Arithmetic of Matt 25: 14-30, applies. Richer investors were getting richer. Everyone else was getting shot at(?). In the Fable-Maker's tale, 1/3 of the service workers get Cast Into Outer Darkness. There is embellishment even. Weeping and Gnashing of Teeth are alleged. Lion Pits could even be said an Imperial Roman invention, following the Fable-maker's story. The followers all went to martyrdom, praying for it, even.
Compared to New Deal, the martyrs would not be said big spenders, back at the neighborhood, in all the stores. Tax Collecting was probably a Better Business concept to the Imperial Romans. The Fable-Maker's people were screwed.
And not much has changed. There was temporary relief under the Spring Stimulus. The Republicans all bitched about it. The Stock Markets, however, all soared. Then the Stimulus spending went away. Trumped-Up pitiful Executive memoranda were insufficient of effect or concept to do any good. Fires and Floods were actually worse, and more destructive. They still were nowhere near Armageddon levels.
The Stimulus recovery stalled. The September Stock Markets Swoon is likely to continued. See more below, later on.
The problem is not the Keynesian math. The problem is the Distribution of the funding: Into the general economy. Matt 25: 14-30 doesn't work. Obama-Biden applied Matt 20: 1-16, if badly--after 2000 years dormant. Pelosi did it better. Business organizations now want it back. LOWER INCOME SPENDING QUITE LITERALLY REVERSED THE TREND TO INCREASED UNEMPLOYMENT, AND ENCOURAGED A NEW TREND IN A LESSENING DIRECTION. Even taxable incomes were getting restored, and sales and use taxes, fees and service charges.
Seven more sentences, and government is irrelevant--except as a source of currency, and the value of an acceptable mass medium--used to denominate transactions. The eighth one is mostly a sudden recognition of what was underway.
Make a rectangle with a diagonal from the lower left, to the upper right. Make four quadrants. Lines with an infinite number of dots can be drawn from the left side of the box, to the diagonal. An upside-down Triangle happens. That is the outcome of a fixed percentage raise of incomes. The people cast out are in a lower left quadrant--unable to keep up with wage levels required to pay price rises, at the center of the diagonal. Excess is paid at the levels above the center. Then Keynes and Monetarists flood the other triangle with the deficit spending: BUT LESS WOULD HAVE TO GO TO THE TOP, MORE TO THE LOWER INCOME LEVELS--THE RECENT EFFECT OF THE STIMULUS THAT MADE THE REPUBLICANS REJECT THE WHOLE THING. Lines continue from the diagonal off to the other side of the rectangle, with all the little dots.
The source of all those dots is credit--about $85.0 tril. in the credit market currently. Many would call that close enough to an infinite number of little dots, representing currency units. Mortgages, lines of credit, credit cards, car loans state, local, and federal deficits. . .and on and on: Happen. Extending the lines all the way to right side of the box effectively creates: Matt 20: 1-16. The labor is eligible for equal pay regardless if they worked all the day, or year, or not. So that is like the $1200 stimulus checks. The remedy for the Living Wage disparities--the Enhancement Money--was an actual attempt at deficit reduction. Lots more lower income spending--like never before in history--creates tax revenues.
Biden understands this. The Trumped-Up had cut taxes for the rich instead. So the Stimulus was on the verge of working, in its entirety. Keynes promised deficit reduction. Following arithmetic, actually that can happen.
So what's with the taxes? Banks can create credit. Historically they fail. Matt 25: 14-30 doesn't work. Federal Reserve created a Central Bank, and a membership organization of other lenders. Other Central Governments started to look similar. Karl Marx had proposed a Centralized Credit system--with no particular attention to the impact of usury. The Rich get richer, the poor not enough. The Soviet Union went out of business. Matt 25: 14-30 doesn't work.
Then do acknowledge the source material: "You Don't Know Me! Don't Leave Rome Without It! Matt 20: 1-16 (Philip W. Gregg, M. A, Unpublished, 1973)" Free Venice Beachhead, 1980's time frame--a virtual cereal(?) drama--(a fifth quadrant even describes the credit-source of inflation--higher prices to replay credit--a box even with a pouring spigot!).
All those Central Banks have something in common. Regional and International regulatory mechanisms have depository sources. Then if there are incomes, top to bottom, and Matthew 25: 14-30 doesn't work. Then price inflation needs adjustment, is all. A central depository currency created, Cost of Living Adjustment, even indexed for inflation. The accountants remain employed, but not keep track of central organization deficits.
You could even say it: "All the dots are connected!"
"Crow, James Crow: Shaken, Not Stirred!
(Clearly: Teaching is not possible--at any grade level--without the doctoral degree: Unless it is believed that some kids are better than other kids, and that all the other kids are not worth the extra effort! Only the Old Wrong Ways are applied in the schools!)
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