For all those claiming we are fine.

[LoneLaugher]

LoneLaugher,

At what point will we have printed too much money?

How much longer should we continue to print money?

How much borrowing is too much?

How much longer should we borrow?

How much debt is too much?

What happens when interest rates return to normal and we are unable to service the interest on Obama's 5-year-long, soon to be 8-year-long sugar buzz economic spending spree?

Based on your knowledge of history, has a country ever gotten in trouble by printing and borrowing to keep its economy afloat? Have you ever heard of the Weimar Republic?

How high of a debt-to-GDP ratio is OK with you? Do you know what a debt-to-GDP ratio is? How has Japan historically fared on that playing field? Should we learn from them?

Is it possible to borrow, spend and print your way out of debt and into prosperity?

13 simple questions. Your answers will be brilliant. I anxiously wait to learn from you how Obama will reinvent economic reality and history and bend them to his narcissism.

Please spare us deflection and distraction and answer these honest questions.

Cheers

Pick one. I ain't spendin' more than a minute on you.

 

[blackhawk]

At the rate people are dropping out of the workforce Obama will have the unemployment rate at zero by the time he leaves office that would be quite the accomplishment millions and millions of people out of work but the unemployment rate technically at zero.

 

[francoHFW]

Sure. Thanks for the DEPRESSION and mindless obstruction...How many bubbles, busts, and scandals have Pubs had in the last 90 years...

 

[LoneLaugher]

You guys sure do know your stuff!

 

[williepete]

pick one. I ain't spendin' more than a minute on you.

fail

The classic deny reality deflection.

 

[williepete]

You guys sure do know your stuff!

Show us your stuff.

Answer my honest 13 questions.

 

[LoneLaugher]

You guys sure do know your stuff!

Show us your stuff.

Answer my honest 13 questions.

Pick one. The one you really want an answer to.

 

[williepete]

Two time loser. You won't answer any.

FAIL

Answer all 13.

Or go the limp dick route and you pick one of the 13.

 

[Papageorgio]

Printing money is all Pubs are allowing- they're the Wall St cronies...

It's not the GOP that has control of the money machine, Obama is using it to prop up the phony Wall St. gains.

 

[TheGreatGatsby]

What’s also telling is that the OP felt the need to start a thread to ‘explain’ December’s unemployment rate for fear it might reflect positively on the president.

You mean like the far left did and is doing about the Bush years?

[MENTION=36327]TheGreatGatsby[/MENTION]

Score one for the good guys!

Your logic is fallacious. I never was making a comparison between the right and left. It was never my intent. I could further explain it; but I'm sure you see what you want to see.

 

[chesswarsnow]

Sorry bout that,


1. The economy is crapping out people.
2. People are giving up and quitting.
3. One of the biggest problems facing America is fuel prices.
4. If those leaders voted into office would grasp that, then thinks to turn around.
5. But Obama stated when first got into off he wanted 8.00 a gallon, why is that he wants to ruin America, wow I'm shocked, he is a ******* muslim after all.


Regards,
SirJamesofTexas

 

[itfitzme]

LoneLaugher,

At what point will we have printed too much money?

How much longer should we continue to print money?

How much borrowing is too much?

How much longer should we borrow?

How much debt is too much?

What happens when interest rates return to normal and we are unable to service the interest on Obama's 5-year-long, soon to be 8-year-long sugar buzz economic spending spree?

Based on your knowledge of history, has a country ever gotten in trouble by printing and borrowing to keep its economy afloat? Have you ever heard of the Weimar Republic?

How high of a debt-to-GDP ratio is OK with you? Do you know what a debt-to-GDP ratio is? How has Japan historically fared on that playing field? Should we learn from them?

Is it possible to borrow, spend and print your way out of debt and into prosperity?

13 simple questions. Your answers will be brilliant. I anxiously wait to learn from you how Obama will reinvent economic reality and history and bend them to his narcissism.

Please spare us deflection and distraction and answer these honest questions.

Cheers

Except non of the questions have any relevance. They are all, fundamentally, non-sequiters based on a complete lack of knowledge regarding macro-economics and the money supply.

We don't print money. Money is created when private businesses and consumers borrow.

And, as long as GDP grows, there is no limit to the amount of money that is needed.

There is no "to much borrowing" because all money is created by borrowing. With no borrowing, there is no money.

The US government and the economy can service the debt forever. That is how the economy and money supply functions. The money supply grows endogenously through borrowing and is sustainable.

All economies are "kept afloat" through borrowing money. You might as well ask how much nitrogen is to much nitrogen in the atmosphere and if any planet has ever had problems developing life as a result of no enough nitrogen. It's a non-sequiter question.

Debt to GDP ratio is meaningless.

Of course it isn't possible to borrow your way out of debt. All borrowing equals all debt. And, all debt equals all savings. And all money is equal to all debt. And, without money that has been "printed" as you like to say, there is no money and therefor no economy. No borrowing, no printing, no money, no economy, no GDP, no money supply, no income, no consumption, no production.

So, absolutley, it is required to borrow, print, and spend into prosperity. That is how the economy works.

In fact, the recent Great Recession was a balance sheet recession. The economy shrank because consumers and businesses began paying down their debt. When there is an aggregate paying off of debt, the money supply shrinks. When the money supply shrings, the economy goes into recession simply because there isn't enough money to account for production and sales of goods and services.

You have asked 13 irrelevant questions because your entire concept is based on home economics, not macro economics. The national economy isn't a household.

 

[Erand7899]

LoneLaugher,

At what point will we have printed too much money?

How much longer should we continue to print money?

How much borrowing is too much?

How much longer should we borrow?

How much debt is too much?

What happens when interest rates return to normal and we are unable to service the interest on Obama's 5-year-long, soon to be 8-year-long sugar buzz economic spending spree?

Based on your knowledge of history, has a country ever gotten in trouble by printing and borrowing to keep its economy afloat? Have you ever heard of the Weimar Republic?

How high of a debt-to-GDP ratio is OK with you? Do you know what a debt-to-GDP ratio is? How has Japan historically fared on that playing field? Should we learn from them?

Is it possible to borrow, spend and print your way out of debt and into prosperity?

13 simple questions. Your answers will be brilliant. I anxiously wait to learn from you how Obama will reinvent economic reality and history and bend them to his narcissism.

Please spare us deflection and distraction and answer these honest questions.

Cheers

Except non of the questions have any relevance. They are all, fundamentally, non-sequiters based on a complete lack of knowledge regarding macro-economics and the money supply.

We don't print money. Money is created when private businesses and consumers borrow.

And, as long as GDP grows, there is no limit to the amount of money that is needed.

There is no "to much borrowing" because all money is created by borrowing. With no borrowing, there is no money.

The US government and the economy can service the debt forever. That is how the economy and money supply functions. The money supply grows endogenously through borrowing and is sustainable.

All economies are "kept afloat" through borrowing money. You might as well ask how much nitrogen is to much nitrogen in the atmosphere and if any planet has ever had problems developing life as a result of no enough nitrogen. It's a non-sequiter question.

Debt to GDP ratio is meaningless.

Of course it isn't possible to borrow your way out of debt. All borrowing equals all debt. And, all debt equals all savings. And all money is equal to all debt. And, without money that has been "printed" as you like to say, there is no money and therefor no economy. No borrowing, no printing, no money, no economy, no GDP, no money supply, no income, no consumption, no production.

So, absolutley, it is required to borrow, print, and spend into prosperity. That is how the economy works.

In fact, the recent Great Recession was a balance sheet recession. The economy shrank because consumers and businesses began paying down their debt. When there is an aggregate paying off of debt, the money supply shrinks. When the money supply shrings, the economy goes into recession simply because there isn't enough money to account for production and sales of goods and services.

You have asked 13 irrelevant questions because your entire concept is based on home economics, not macro economics. The national economy isn't a household.

Your economic ignorance is duly noted. Perhaps you are unaware that many European nations have indeed borrowed more money that they can pay back, and that has generated misery for the people who live there.

Money is a commodity, just like meat, potatoes, and coal. If there is too much in circulation, it gets cheaper, and buys less meat, potatoes and coal. If there is too little in circulation, it not only gets more expensive, it hinders commerce, and contributes to recessions.

The Fed is playing a very dangerous game by trying to hold down the interest rate on our huge national debt. It is printing money at an alarming rate. The only thing that is saving their ass, and our asses is the fact that the banks are borrowing it from the fed at zero interest, and handing most of it back to the Fed as reserve, and getting two percent on that reserve. The rest has been leant out to favored customers and has been building the stock market bubble. Dumbass liberal policies at their finest.

The last recession was caused by the housing bust, which dried up consumer credit and restricted consumer buying. The middle class had refinanced and spent the growing equity in their homes, and were maxing out their credit cards, expecting to pay it all off with the next refinancing. When the bubble burst, these people found themselves with a house worth much less than their mortgage, and with maxed out credit cards.

 

[LoneLaugher]

Modern Monetary Theory Primer - New Economic Perspectives

 

[TheGreatGatsby]

Modern Monetary Theory Primer - New Economic Perspectives

Are you the new ABikerSailor; just spamming links with no thought to it?

 

[LoneLaugher]

Nope. Read the blog. Learn something.

 

[itfitzme]

LoneLaugher,

At what point will we have printed too much money?

How much longer should we continue to print money?

How much borrowing is too much?

How much longer should we borrow?

How much debt is too much?

What happens when interest rates return to normal and we are unable to service the interest on Obama's 5-year-long, soon to be 8-year-long sugar buzz economic spending spree?

Based on your knowledge of history, has a country ever gotten in trouble by printing and borrowing to keep its economy afloat? Have you ever heard of the Weimar Republic?

How high of a debt-to-GDP ratio is OK with you? Do you know what a debt-to-GDP ratio is? How has Japan historically fared on that playing field? Should we learn from them?

Is it possible to borrow, spend and print your way out of debt and into prosperity?

13 simple questions. Your answers will be brilliant. I anxiously wait to learn from you how Obama will reinvent economic reality and history and bend them to his narcissism.

Please spare us deflection and distraction and answer these honest questions.

Cheers

Except non of the questions have any relevance. They are all, fundamentally, non-sequiters based on a complete lack of knowledge regarding macro-economics and the money supply.

We don't print money. Money is created when private businesses and consumers borrow.

And, as long as GDP grows, there is no limit to the amount of money that is needed.

There is no "to much borrowing" because all money is created by borrowing. With no borrowing, there is no money.

The US government and the economy can service the debt forever. That is how the economy and money supply functions. The money supply grows endogenously through borrowing and is sustainable.

All economies are "kept afloat" through borrowing money. You might as well ask how much nitrogen is to much nitrogen in the atmosphere and if any planet has ever had problems developing life as a result of no enough nitrogen. It's a non-sequiter question.

Debt to GDP ratio is meaningless.

Of course it isn't possible to borrow your way out of debt. All borrowing equals all debt. And, all debt equals all savings. And all money is equal to all debt. And, without money that has been "printed" as you like to say, there is no money and therefor no economy. No borrowing, no printing, no money, no economy, no GDP, no money supply, no income, no consumption, no production.

So, absolutley, it is required to borrow, print, and spend into prosperity. That is how the economy works.

In fact, the recent Great Recession was a balance sheet recession. The economy shrank because consumers and businesses began paying down their debt. When there is an aggregate paying off of debt, the money supply shrinks. When the money supply shrings, the economy goes into recession simply because there isn't enough money to account for production and sales of goods and services.

You have asked 13 irrelevant questions because your entire concept is based on home economics, not macro economics. The national economy isn't a household.

Your economic ignorance is duly noted. Perhaps you are unaware that many European nations have indeed borrowed more money that they can pay back, and that has generated misery for the people who live there.

Money is a commodity, just like meat, potatoes, and coal. If there is too much in circulation, it gets cheaper, and buys less meat, potatoes and coal. If there is too little in circulation, it not only gets more expensive, it hinders commerce, and contributes to recessions.

The Fed is playing a very dangerous game by trying to hold down the interest rate on our huge national debt. It is printing money at an alarming rate. The only thing that is saving their ass, and our asses is the fact that the banks are borrowing it from the fed at zero interest, and handing most of it back to the Fed as reserve, and getting two percent on that reserve. The rest has been leant out to favored customers and has been building the stock market bubble. Dumbass liberal policies at their finest.

The last recession was caused by the housing bust, which dried up consumer credit and restricted consumer buying. The middle class had refinanced and spent the growing equity in their homes, and were maxing out their credit cards, expecting to pay it all off with the next refinancing. When the bubble burst, these people found themselves with a house worth much less than their mortgage, and with maxed out credit cards.

You can claim whatever you want, but it doesn't make you any less educated.

Nothing that you have said has any bearing on reality because it is, at best, simply overgeneralizations and at worse, just wrong and based on false assumptions and a lack of understanding of how the money supply functions.

 

[TheGreatGatsby]

Nope. Read the blog. Learn something.

So, you are. Present a thesis with compelling arguments and then supplement it with a link. Nobody needs/wants to read your spam.

 

[LoneLaugher]

Nope. Read the blog. Learn something.

So, you are. Present a thesis with compelling arguments and then supplement it with a link. Nobody needs/wants to read your spam.

Boooooooooooosh!