Why we want stimulus now and worry about deficits later

ilia25

I can do math
Jan 12, 2012
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fredgraph.png


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.
 
Last edited:
fredgraph.png


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.

I totally agree! Plus, the first stimulus was too small and was not allocated properly.
 
fredgraph.png


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.

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.
 
Now is the WRONG time to be worrying about deficits. When you're having a heart attack, costs are secondary.

comparison fail.

we have indigestion.

and when your tummy hurts, you change your diet, not go to the emergency room.

Gee, that all sounds so non-threatening. I guess some Tums are all we need...


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.
 
fredgraph.png


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.

How does the government spend more, which automatically increases the debt, decrease the debt.

By making the economy growing so fast that the permanent increase in the government revenues would quickly outpace the temporary rise in spending.
 
fredgraph.png


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.

How does the government spend more, which automatically increases the debt, decrease the debt.

By making the economy growing so fast that the permanent increase in the government revenues would quickly outpace the temporary rise in spending.

Sorry, you lack the comprehension to have this conversation.
 
This recession lasted longer than any in modern history and it was Bam Bam's policies that prolonged it.

Just like fdr prolonged the Great Depression.

wonder who knows why it got the title of The 'Great' Depression?

You are just making things up.

You don't know that there was a depression in the 20's. The government did nothing and it was over in a year.

fdr was a tyrant that made things worse to keep himself in power. It was our entrance into the war that brought us out of the GD
 
The last stimulus was $1 trillion and it failed.

It did not fail, it stopped the economy from sliding deeper into recession.

Absolutel no proof of that. However when the stimulus was announced the gov't set unemployment goals that the stimulus would produce. UE went beyond what they anticipated even without the stimulus.
The stimulus failed. It is the most failed policy of this failed administration.
 

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