Man 1: Ok, but by definition, a collapsed economy is only a market correction, so it's too early to say we were wrong. Men: Good point. The Think Tankers
Modern definition of austerity, not spending other peoples money. Now that must really be a bad thing. Like if your a worthless user producing nothing.
Tucci, so…..you’re not a bleeding heart liberal?….If you have money invested in the markets, you’re making more money than you have in ten or more years….simple fact. On Obama’s watch the stock market has gained over 8,000 points in 4 years. That makes him one of the best capitalist presidents ever. Tucci, you know that already, so that makes you a chump…
lol, stealing others money is the highest concept/idea any Republican could ever dream of or has thought of through history. that’s why think tank devise way to call theft anything but what it is. that’s the real “purpose” of any think tank. like any economist,, the purpose is confuse, divert and ultimately steal someone else’s money, and then blame them for not having any.
the Fine art of Marketing, another Business “improvement.”aka Voodoo Economics. lol
@Basqueain And if it were up to the liberals we would be making sure to punish anyone who made over a certain amount and make sure that a person gets money from the government whether or not they ever worked a day in their lives.
The leftist economists have been in denial since the “stimulus” – they simply do not understand that water finds it own level, and that the productive-economy performs inversely to government growth. And with ObamaCare’s new per employee taxes, the leftists have eliminated forever a large group of jobs. Think “minimum wage @ $20” and one grasps why this is true.
Conservatives would show others how to make fire so everyone could have it. None of you actually know any conservatives, do you? If you ever come through Idaho, look me up. You might be pleasantly surprised.
Love how austerity is getting the blame. That’s like blaming chemotherapy for ruining your health. (Hint: we wouldn’t need austerity measures if our gov’t wasn’t growing like a malignant cancer!)
I’m surprised that someone with your intelligence and education would resort to juvenile name calling. Amounts to the same as someone calling you “Quack” instead of “Doctor.” Don’t stoop as low as the Sgt that posts.
You & Ron Paul are ignorant of history. The Federal Reserve was created in 1913, but did not have nearly the ‘money creation’ power they now have because we were still on the Gold Standard. Hoover & other Republicans did not believe in monetary policy any more than you do. Keynes didn’t even publish his “General Theory” until 1936, so it’s silly to blame Keynes for the Great Depression.As far as economic downturns go, those since the depression of the 30s have been much, MUCH less severe AND less frequent than those of the past.http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_StatesI won’t bother reading your response, since I only expect childish name calling from you. I just like to introduce facts to the threads.
“Austerity is good during times of plenty, not during times of want.”Oh, that’s just too sensible! Seriously, as someone who leans liberal, I am well aware that one of our problems is that Democrats always assume that when money is pouring in the coffers, it will continue to do so. Republicans aren’t much better.
We haven’t seen a boom since the fifties. We had a very tiny, only just barely noticeable uptick in the nineties. Only the far right would call it a ‘boom’, but they wouldn’t, because it happened during a Dem administration.
What we have seen steadily since the seventies is a long down spiral.
Economic theory is wonderful, but it needs frequent reality checks. If policies aren’t working (and they haven’t, since the late fifties), time to quit digging and find a new approach.
But a strong economy doesn’t favor fascism. We’ll see no more booms, big or little, unless we institute some serious reforms.
So basically, the economy isn’t recovering enough to support your personal greed. OK. That’s valid.
These days, if you have a roof, reasonably decent food (harder all the time in this country on limited budget), medical coverage and something to cover your back you are doing very well.
Far more than are ‘doing well’ are living on the streets, eating out of dumpsters, and dying of treatable illnesses.
Darsan54 Premium Member over 11 years ago
Yep. Sounds about right. Austerity will cure all the economic ills. Yep, any day. Any. Day. Yep.
Linguist over 11 years ago
That’s what they all say…
Basqueian over 11 years ago
I always say, if it were up to the Conservatives, we’d all be squatting in caves and arguing about who owns the rights to this new fire thing.
Boots at the Boar Premium Member over 11 years ago
Look on the bright side, once the economy does completely tank, the subsequent economic growth will be phenomenal!
Superfrog over 11 years ago
It’s too late to say you were right.
pouncingtiger over 11 years ago
Is that supposed to be Jim Demint?
vwdualnomand over 11 years ago
it is true though. any positive growth from a collapsed economy is still growth. but, still, austerity doesn’t work.
Willaran over 11 years ago
Modern definition of austerity, not spending other peoples money. Now that must really be a bad thing. Like if your a worthless user producing nothing.
KeepKeeper over 11 years ago
The economy only grows when the money is passed around. If one group hordes it all, the economy dies.
peamail03 over 11 years ago
LOL!
Varnes over 11 years ago
And when nature calls, they go to the opening and let it trickle down….
jreckard over 11 years ago
They think, therefore we tank.René Descartesbeforethehorse.
emptc12 over 11 years ago
Or as Zig Ziglar would say, “Squattin’ to rise!”
Varnes over 11 years ago
Tucci, so…..you’re not a bleeding heart liberal?….If you have money invested in the markets, you’re making more money than you have in ten or more years….simple fact. On Obama’s watch the stock market has gained over 8,000 points in 4 years. That makes him one of the best capitalist presidents ever. Tucci, you know that already, so that makes you a chump…
Varnes over 11 years ago
And remember, if you don’t have a lot of money invested in the stock market, according to republicans, it’s all your own fault….
Beleck3 over 11 years ago
lol, stealing others money is the highest concept/idea any Republican could ever dream of or has thought of through history. that’s why think tank devise way to call theft anything but what it is. that’s the real “purpose” of any think tank. like any economist,, the purpose is confuse, divert and ultimately steal someone else’s money, and then blame them for not having any.
the Fine art of Marketing, another Business “improvement.”aka Voodoo Economics. lol
gfredrickson85 over 11 years ago
@Basqueain And if it were up to the liberals we would be making sure to punish anyone who made over a certain amount and make sure that a person gets money from the government whether or not they ever worked a day in their lives.
fixer1967 over 11 years ago
Some people are just incapable of admitting they are ever wrong about anything.
Can't Sleep over 11 years ago
The Conservatives have done a great job in building the economy of China.
dabugger over 11 years ago
some never admit they are wrong….of course, they have never been correct…success on the backs of others…..
jbmlaw01 over 11 years ago
The leftist economists have been in denial since the “stimulus” – they simply do not understand that water finds it own level, and that the productive-economy performs inversely to government growth. And with ObamaCare’s new per employee taxes, the leftists have eliminated forever a large group of jobs. Think “minimum wage @ $20” and one grasps why this is true.
nerdhoof over 11 years ago
Think what today’s minimum wage would be in 1960s dollars. It’s almost the conservative wet dream of no minimum wage.
TexanInIdaho over 11 years ago
Conservatives would show others how to make fire so everyone could have it. None of you actually know any conservatives, do you? If you ever come through Idaho, look me up. You might be pleasantly surprised.
The Life I Draw Upon over 11 years ago
Obviously economist.
live.the.future over 11 years ago
Love how austerity is getting the blame. That’s like blaming chemotherapy for ruining your health. (Hint: we wouldn’t need austerity measures if our gov’t wasn’t growing like a malignant cancer!)
Reppr Premium Member over 11 years ago
$6 trillion dollars more in debt and employment is not back to the level of 2007. Yep, that Keynsian thing is really working!
Vet Premium Member over 11 years ago
Like standing in front of a lava flow telling everyone “It will stop eventually”
jahoody over 11 years ago
I doubt Ron Paul would find himself among the have nots
Mythreesons over 11 years ago
I’m surprised that someone with your intelligence and education would resort to juvenile name calling. Amounts to the same as someone calling you “Quack” instead of “Doctor.” Don’t stoop as low as the Sgt that posts.
Tuner38 over 11 years ago
Nobody has tried austerity to any degree but he Krugmanites keep on railing for more money printing.
Uncle Joe over 11 years ago
You & Ron Paul are ignorant of history. The Federal Reserve was created in 1913, but did not have nearly the ‘money creation’ power they now have because we were still on the Gold Standard. Hoover & other Republicans did not believe in monetary policy any more than you do. Keynes didn’t even publish his “General Theory” until 1936, so it’s silly to blame Keynes for the Great Depression.As far as economic downturns go, those since the depression of the 30s have been much, MUCH less severe AND less frequent than those of the past.http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_StatesI won’t bother reading your response, since I only expect childish name calling from you. I just like to introduce facts to the threads.
Uncle Joe over 11 years ago
“Austerity is good during times of plenty, not during times of want.”Oh, that’s just too sensible! Seriously, as someone who leans liberal, I am well aware that one of our problems is that Democrats always assume that when money is pouring in the coffers, it will continue to do so. Republicans aren’t much better.
Hawthorne over 11 years ago
That’s fantasy, too.
We haven’t seen a boom since the fifties. We had a very tiny, only just barely noticeable uptick in the nineties. Only the far right would call it a ‘boom’, but they wouldn’t, because it happened during a Dem administration.
What we have seen steadily since the seventies is a long down spiral.
Economic theory is wonderful, but it needs frequent reality checks. If policies aren’t working (and they haven’t, since the late fifties), time to quit digging and find a new approach.
But a strong economy doesn’t favor fascism. We’ll see no more booms, big or little, unless we institute some serious reforms.
Hawthorne over 11 years ago
The economy tanked in the seventies.
Wake up!!!
Hawthorne over 11 years ago
So basically, the economy isn’t recovering enough to support your personal greed. OK. That’s valid.
These days, if you have a roof, reasonably decent food (harder all the time in this country on limited budget), medical coverage and something to cover your back you are doing very well.
Far more than are ‘doing well’ are living on the streets, eating out of dumpsters, and dying of treatable illnesses.
Caddy57 over 11 years ago
Never take the blame…..that would be counter productive.
Uncle Joe over 11 years ago
“Perhaps you should consider running for office.”Ha! Well played. We may have found the next Bachmann.
fauxment over 11 years ago
What a load of hogwash!