THIS explanation works; A simple to follow analogy:

[Liability]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the Obama Administration's Stimulus Packages work.

Any questions? Direct all questions to Sen. Harry Reid. He'll provide all necessary answers sometime after the bills are passed. He won't know what are in the bills until they become law.

 

[xotoxi]

It is a slow day in the small North Dakota town of Pumphandle...

Is that town just north of East Bumfuck?

 

[Ravi]

The hotel owner is an idiot...he just screwed himself out of $100 and the hooker got free room at the hotel.



But that's what he gets for stealing.

 

[Mini 14]

The hotel owner is an idiot...he just screwed himself out of $100 and the hooker got free room at the hotel.



But that's what he gets for stealing.

You understand the hotel owner is analogous to Obama, right?

Some of the stuff you read on here isn't just words on a screen.

 

[pinqy]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

The flaw in the analogy is claiming debt when there was none. Let's look at the accounting:
Hotel manager: owed $100 to butcher, owed $100 by prostitute. Net account = $0
Butcher: owed $100 by hotel manager, owed $100 to pig farmer. Net account = $0
Pig farmer: owed $100 by butcher, owed $100 to Co-Op. Net account = $0
Co-Op: owed $100 by pig farmer, owed $100 to prostitute. Net account = $0
Prostitute: owed $100 by Co-Op, owed $100 to hotel manager. Net account = $0

No one was in debt....credits and debits balance out for every individual already.

 

[Ravi]

The hotel owner is an idiot...he just screwed himself out of $100 and the hooker got free room at the hotel.



But that's what he gets for stealing.

You understand the hotel owner is analogous to Obama, right?

Some of the stuff you read on here isn't just words on a screen.

Yep...but the story doesn't hold water therefore we can declare thread fail.

 

[Mini 14]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

The flaw in the analogy is claiming debt when there was none. Let's look at the accounting:
Hotel manager: owed $100 to butcher, owed $100 by prostitute. Net account = $0
Butcher: owed $100 by hotel manager, owed $100 to pig farmer. Net account = $0
Pig farmer: owed $100 by butcher, owed $100 to Co-Op. Net account = $0
Co-Op: owed $100 by pig farmer, owed $100 to prostitute. Net account = $0
Prostitute: owed $100 by Co-Op, owed $100 to hotel manager. Net account = $0

No one was in debt....credits and debits balance out for every individual already.

Is that you, Mr. Keynes????

And we wonder why our youth are doomed........

 

[dilloduck]

As long as no one made a profit on the deal we don't have to condemn anyone.

 

[saveliberty]

Some how everyone managed to avoid taxes.

No one saved for retirement.

 

[rightwinger]

The hotel owner is an idiot...he just screwed himself out of $100 and the hooker got free room at the hotel.



But that's what he gets for stealing.

You understand the hotel owner is analogous to Obama, right?

Some of the stuff you read on here isn't just words on a screen.

Does that mean the Republicans are the Hookers???

 

[Mad Scientist]

It is a slow day in the small North Dakota town of Pumphandle...

Is that town just north of East Bumfuck?

"Pumphandle". That caught my eye too!

 

[dilloduck]

Some how everyone managed to avoid taxes.

No one saved for retirement.

The hotel owner lost his ass by investing/gambling in futures tho.

 

[Liability]

The Obamacare taxes have already kicked in, however, even though there are weveral years to go before any health "benefits" start to flow, and even though the law has been found to be entirely unConstitutional and may yet get the silver bullet in the brain and the wooden stake through its heart.

So, the reality is: everybody is still in debt and there are still no services rendered in exchange for such payments.

That's how Obamacare ties in to the "stimulus" packages. The latter is an illusion and the former is an expensive wasteful bunko game.

Thanks libs.

 

[Sheldon]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the Obama Administration's Stimulus Packages work.

Any questions? Direct all questions to Sen. Harry Reid. He'll provide all necessary answers sometime after the bills are passed. He won't know what are in the bills until they become law.

Well, at least you said it was a simple analogy.

It assumes each party owes the same amount they're owed, and they all owe the same amount to just one other party.

But what happens if the butcher owes 100 to the pig farmer and 50 to the hooker (she only gave him a BJ). Say he splits it, and pays off the hooker in full while only paying off half his debt to the pig farmer. He's not out of debt. Or what if he decides to skip the pig farmer, pays off the 50 he owes the hooker and spends the other 50 on another BJ. The hooker just produced something.

I think that's a less muddy reflection of the real world. But analogies usually suck, imo.

 

[rightwinger]

The Obamacare taxes have already kicked in, however, even though there are weveral years to go before any health "benefits" start to flow, and even though the law has been found to be entirely unConstitutional and may yet get the silver bullet in the brain and the wooden stake through its heart.

So, the reality is: everybody is still in debt and there are still no services rendered in exchange for such payments.

That's how Obamacare ties in to the "stimulus" packages. The latter is an illusion and the former is an expensive wasteful bunko game.

Thanks libs.

So your analogy fell on its face...
Whats the word?? Oh yes...............FAIL

What else ya got for us today?

 

[Article 15]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the Obama Administration's Stimulus Packages work.

Any questions? Direct all questions to Sen. Harry Reid. He'll provide all necessary answers sometime after the bills are passed. He won't know what are in the bills until they become law.

Well, at least you said it was a simple analogy.

It assumes each party owes the same amount they're owed, and they all owe the same amount to just one other party.

But what happens if the butcher owes 100 to the pig farmer and 50 to the hooker (she only gave him a BJ). Say he splits it, and pays off the hooker in full while only paying off half his debt to the pig farmer. He's not out of debt. Or what if he decides to skip the pig farmer, pays off the 50 he owes the hooker and spends the other 50 on another BJ. The hooker just produced something.

I think that's a less muddy reflection of the real world. But analogies usually suck, imo.

 

[syrenn]

It is a slow day in the small North Dakota town of Pumphandle , and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the hotel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the hotel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op..
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the Obama Administration's Stimulus Packages work.

Any questions? Direct all questions to Sen. Harry Reid. He'll provide all necessary answers sometime after the bills are passed. He won't know what are in the bills until they become law.

lets see,

We have the poor stealing from the rich hopping that the rich wont notice.
We have paying for bills with "borrowed" money.
We have borrowing money without paying interest for the "loan" of the money.
We have a hotel with rooms that no one wants to pay for.

All is well until the next sucker shows up to steal from.

 

[Liability]

The Obamacare taxes have already kicked in, however, even though there are weveral years to go before any health "benefits" start to flow, and even though the law has been found to be entirely unConstitutional and may yet get the silver bullet in the brain and the wooden stake through its heart.

So, the reality is: everybody is still in debt and there are still no services rendered in exchange for such payments.

That's how Obamacare ties in to the "stimulus" packages. The latter is an illusion and the former is an expensive wasteful bunko game.

Thanks libs.

So your analogy fell on its face...
Whats the word?? Oh yes...............FAIL

What else ya got for us today?

Actually, the e-mail I got with the joking analogy didn't fall on its face at all. Not even a little.

Certainly, your effort to "refute" the analogy was a fail, though.

But in reality, it wouldn't matter if all the debts were equal or not. The pretense of making all the debts be the same $100.00 was obviously just part of the simplification process to make the point without all your clutter. Nevertheless, if the debts had been of varying different sizes, the fact would STILL remain that that same $100.00 would have been passed around as late payment (or partial payment) for prior "services" rendered or for services provided or for products sold.

There actually IS a multiplier effect in economics.

But you knew that. Odd that you couldn't even acknowledge it in your rush to be cynical and dismissive.

 

[rightwinger]

The Obamacare taxes have already kicked in, however, even though there are weveral years to go before any health "benefits" start to flow, and even though the law has been found to be entirely unConstitutional and may yet get the silver bullet in the brain and the wooden stake through its heart.

So, the reality is: everybody is still in debt and there are still no services rendered in exchange for such payments.

That's how Obamacare ties in to the "stimulus" packages. The latter is an illusion and the former is an expensive wasteful bunko game.

Thanks libs.

So your analogy fell on its face...
Whats the word?? Oh yes...............FAIL

What else ya got for us today?

Actually, the e-mail I got with the joking analogy didn't fall on its face at all. Not even a little.

Certainly, your effort to "refute" the analogy was a fail, though.

But in reality, it wouldn't matter if all the debts were equal or not. The pretense of making all the debts be the same $100.00 was obviously just part of the simplification process to make the point without all your clutter. Nevertheless, if the debts had been of varying different sizes, the fact would STILL remain that that same $100.00 would have been passed around as late payment (or partial payment) for prior "services" rendered or for services provided or for products sold.

There actually IS a multiplier effect in economics.

But you knew that. Odd that you couldn't even acknowledge it in your rush to be cynical and dismissive.

Sorry my dear friend...but your attempt at being profound was...

FAIL


Why don't ya tell us the one again about the grasshopper and the ant

 

[Liability]

So your analogy fell on its face...
Whats the word?? Oh yes...............FAIL

What else ya got for us today?

Actually, the e-mail I got with the joking analogy didn't fall on its face at all. Not even a little.

Certainly, your effort to "refute" the analogy was a fail, though.

But in reality, it wouldn't matter if all the debts were equal or not. The pretense of making all the debts be the same $100.00 was obviously just part of the simplification process to make the point without all your clutter. Nevertheless, if the debts had been of varying different sizes, the fact would STILL remain that that same $100.00 would have been passed around as late payment (or partial payment) for prior "services" rendered or for services provided or for products sold.

There actually IS a multiplier effect in economics.

But you knew that. Odd that you couldn't even acknowledge it in your rush to be cynical and dismissive.

Sorry my dear friend...but your attempt at being profound was...

FAIL


Why don't ya tell us the one again about the grasshopper and the ant

A well reasoned and highly developed refutation of the e-mailed analogy I shared in the Original Post here.

No. Wait. It wasn't, actually.

In fact, it was just you, ploddingly and predictably, reasserting your mere opinion.

Carry on, Leftwinger.