Why we want stimulus now and worry about deficits later

Discussion in 'Politics' started by ilia25, Feb 19, 2012.

  1. ilia25
    Offline

    ilia25 I can do math

    Joined:
    Jan 12, 2012
    Messages:
    1,859
    Thanks Received:
    99
    Trophy Points:
    48
    Ratings:
    +99
    [​IMG]

    The chart above shows a deeply depressed economy. The US still produce about 1 trillion less in annual GDP than they are capable of. Not only it results in a lot of human suffering, but it also starves the government of tax revenues, creating huge budget deficits.

    Therefore we need more stimulus to help the economy closing the gap (which basically means creating more jobs) -- because it will also reduce the deficits.
     
    • Thank You! Thank You! x 1
    Last edited: Feb 19, 2012
  2. The Rabbi
    Offline

    The Rabbi Gold Member

    Joined:
    Sep 16, 2009
    Messages:
    48,019
    Thanks Received:
    4,566
    Trophy Points:
    245
    Location:
    Nashville
    Ratings:
    +6,263
    The last stimulus was $1 trillion and it failed. Why would another one be any better?
    We need another stimulus so Obama can bribe his way to re-election.
     
    • Thank You! Thank You! x 2
  3. ilia25
    Offline

    ilia25 I can do math

    Joined:
    Jan 12, 2012
    Messages:
    1,859
    Thanks Received:
    99
    Trophy Points:
    48
    Ratings:
    +99
    It did not fail, it stopped the economy from sliding deeper into recession.
     
  4. Lakhota
    Online

    Lakhota Gold Member

    Joined:
    Jul 14, 2011
    Messages:
    27,405
    Thanks Received:
    1,596
    Trophy Points:
    207
    Location:
    Native America
    Ratings:
    +2,269
    I totally agree! Plus, the first stimulus was too small and was not allocated properly.
     
  5. Two Thumbs
    Offline

    Two Thumbs Gold Member

    Joined:
    Sep 27, 2010
    Messages:
    24,522
    Thanks Received:
    4,180
    Trophy Points:
    245
    Location:
    Where ever I go, there I am.
    Ratings:
    +4,435
    How does the government spend more, which automatically increases the debt, decrease the debt.

    the first package was supposed to create jobs, it failed, UE went well passed what they predicted.

    And:
    [ame=http://www.youtube.com/watch?v=O55aRrvXtio]Obama: Shovel-Ready Not as Shovel-Ready as We Expected - YouTube[/ame]

    Obama was told it would fail and did it anyway.

    In other words, the reason he hasn't done it again, is b/c it's public that he knows it would fail again.


    We need less spending and more money in the pockets of Americans. Only utter fools think the government can fix this.
     
  6. Lakhota
    Online

    Lakhota Gold Member

    Joined:
    Jul 14, 2011
    Messages:
    27,405
    Thanks Received:
    1,596
    Trophy Points:
    207
    Location:
    Native America
    Ratings:
    +2,269
    Now is the WRONG time to be worrying about deficits. When you're having a heart attack, costs are secondary.
     
  7. Two Thumbs
    Offline

    Two Thumbs Gold Member

    Joined:
    Sep 27, 2010
    Messages:
    24,522
    Thanks Received:
    4,180
    Trophy Points:
    245
    Location:
    Where ever I go, there I am.
    Ratings:
    +4,435
    comparison fail.

    we have indigestion.

    and when your tummy hurts, you change your diet, not go to the emergency room.
     
    • Thank You! Thank You! x 1
  8. Lakhota
    Online

    Lakhota Gold Member

    Joined:
    Jul 14, 2011
    Messages:
    27,405
    Thanks Received:
    1,596
    Trophy Points:
    207
    Location:
    Native America
    Ratings:
    +2,269
    Gee, that all sounds so non-threatening. I guess some Tums are all we need...
     
  9. Skull Pilot
    Offline

    Skull Pilot Gold Member

    Joined:
    Nov 17, 2007
    Messages:
    20,752
    Thanks Received:
    2,905
    Trophy Points:
    245
    Ratings:
    +3,253


    This recession lasted longer than any in modern history and it was Bam Bam's policies that prolonged it.
     
    • Thank You! Thank You! x 2
  10. Two Thumbs
    Offline

    Two Thumbs Gold Member

    Joined:
    Sep 27, 2010
    Messages:
    24,522
    Thanks Received:
    4,180
    Trophy Points:
    245
    Location:
    Where ever I go, there I am.
    Ratings:
    +4,435

    easy fixes

    make cuts, spend less, take less from citizens.



    hard fixes
    Increase government, spend over a trillion that you don't have, increase taxes.


    I know common sense is in short supply over there in left field, but give it a try someday.
     
    • Thank You! Thank You! x 1

Share This Page