Stimulus To Solve Unemployment???

If the government prints or creates a million dollar stimulus and spends it this year, how much more money is in the economy in the short term before debt payments?

dear, if the govt inflates the currency you do not get economic growth, you get inflation which distorts and harms the economy!!
Imagine what an idiot you have to be to think that printing money causes economic growth?

Do you think that if they had started prining lots of money back in the stone age the human race would be living on Mars now thanks to huge economic progress?
 
If the government prints or creates a million dollar stimulus and spends it this year, how much more money is in the economy in the short term before debt payments?

dear, if the govt inflates the currency you do not get economic growth, you get inflation which distorts and harms the economy!!
Imagine what an idiot you have to be to think that printing money causes economic growth?

Do you think that if they had started prining lots of money back in the stone age the human race would be living on Mars now thanks to huge economic progress?

Ok...

So that million dollars of debt created by issuing bons (creating or printing money). How much currency devaluation does it create? How much money does it put into the economy?

Tread carefully or Reagonites will come after you for putting down his deficit recovery.
 
If the government prints or creates a million dollar stimulus and spends it this year, how much more money is in the economy in the short term before debt payments?

dear, if the govt inflates the currency you do not get economic growth, you get inflation which distorts and harms the economy!!
Imagine what an idiot you have to be to think that printing money causes economic growth?

Do you think that if they had started prining lots of money back in the stone age the human race would be living on Mars now thanks to huge economic progress?

Ok...

So that million dollars of debt created by issuing bons (creating or printing money). How much currency devaluation does it create? How much money does it put into the economy?

Tread carefully or Reagonites will come after you for putting down his deficit recovery.
 
Remember we are talking creating bonds or treasury notes. PC seemed determined I call it printing or making money. I need to be careful with my verbage with everyone else.

Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

I really don't know the rate of devaluation btw.
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.
 
Ok...so if I issue a million bucks worth of bonds it devalues the currency by a million dollars?

dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?
 
dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?

you mean what interest did we pay on debt or you have no idea what you mean? Slow?
 
Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?

you mean what interest did we pay on debt or you have no idea what you mean? Slow?

Wow, I ask a question and you throw an insult. Way to go Ed.

What did that debt cost that year? What was the interest and how much did it devalue the currency that year?
 
dear, if you drop $1 trillion in newly printed money out of a helicopter you devalue the existing currency by $1 trillion. If a corporation issues bonds it merely borrows exisiting money and does not devalue existing currency. You are very very slow indeed.

Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?



  1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
  2. But….the national wealth went up $ 17 trillion
  3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.
http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html


Reaganomics - Wikipedia the free encyclopedia



We should all be so lucky to have this kind of "cost"!
 
Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?



  1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
  2. But….the national wealth went up $ 17 trillion
  3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.
http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html


Reaganomics - Wikipedia the free encyclopedia



We should all be so lucky to have this kind of "cost"!

Reagan didn't cause the expansion of the 80's.
 
Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?



  1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
  2. But….the national wealth went up $ 17 trillion
  3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.
http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html


Reaganomics - Wikipedia the free encyclopedia



We should all be so lucky to have this kind of "cost"!

The cost of the Reagan debt is far more than 1.7 trillion, because it was never paid off. It's remained on the books, costing annual interest, even until now.
 
1. Upon ascending to the presidency, Obama urged his co-conspirators, the Democrat Congress, to spend taxpayer funds to stem unemployment. "The 2009 American Recovery and Reinvestment Act, with a price tag of $770 billion....

About 40% of the 2009 stimulus was tax cuts. That amount, around 288 billion, is counted in the 'spending' you're citing above.

Are you saying that tax cuts represent government spending?

lol, oops...
 
Ok. When the U.S. government wants to deficit spend they issue bonds, right?

No. When the U S government wants to spend it has the Financial Management Service of the Department of the Treasury make direct deposits to bank accounts and mail out checks. Period. No securities issue is necessary.

Isn't the Deficit measured by treasury securities?

The U.S. Government finances a deficit by borrowing money from a couple different places. 1) U.S. Citizens and corporations in the form of bonds. 2) From themselves by borrowing money from other programs such as Social Security or Medicare 3) From other countries on the open market. Currently 30% of US debt is owned by other countries with China owning the most at about $850 billion.

So when Reagan issued that new debt back in 81 what did it cost us that year?



  1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
  2. But….the national wealth went up $ 17 trillion
  3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.
http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html


Reaganomics - Wikipedia the free encyclopedia



We should all be so lucky to have this kind of "cost"!

Huh.

Ok. So at least in the most shallow of terms deficit spending in Reagan's era worked. I agree the economy felt better in the mid 80's then in 1980 and the GDP did rise. Seems like a recovery to me.

With this stimulus...is it true what he said about it being tax cuts and spending? Is that similar to the Reagan plan?
 

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