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Bob D'A
Trad climber
Taos, NM
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You just have to accept that the republicans want to set back the gains made by americans workers at least a hundred years or so. They would also set back the endangered species list, the clean air and water acts and the EPA along with selling off our national parks and public lands. They dislike people with a high education level, they think science is voo-doo, think global warming is joke, some still believe Iraq had WMD, Sarah Palin was a brilliant governor and Obama was born in Kenya.
They think SS and Medicare are entitlements even through the dumb f*#ks have been paying into them for years, they believe GWB was a hero for not finishing flight school and John Kerry was a coward for serving in Viet Nam. They also believe that Noah's Ark had ALL the Species in the world on one boat and that some guy really parted the Red Sea and that you can "pray away the Gay"
Just remember the tea party chant "keep the government out of my medicare"
They are flat earthers and how do have a educated discussion with people like that?
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Bob D'A
Trad climber
Taos, NM
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Fat wrote: Bob,
What you fail to understand is that Americans may pay into SS and Medicare, but in their later years they use more than they ever paid in.
No you fail to understand is that SS and medicare are not entitlements and that republicans want to dismantle them because they are progressive programs started by progressive people.
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Bob D'A
Trad climber
Taos, NM
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Fat, Krugman is wrong.
That is really funny coming from a six year old who write this: I understand that Krugman has a completely wrong Op-Ed today, when are you going to post it up, Bwahahahahahahahahahahaha
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jstan
climber
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Jeff:
It is long past the time for trolling, I think. Things do not look good and we need less polarization, not more.
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Reilly
Mountain climber
The Other Monrovia- CA
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Krugman also said "The Fed needs to stop making excuses." For what, doing what
its mandate says which is set a responsible course monetarily through the
rock-strewn and shark-infested waters of the Woesome Archipelago? Apparently
Mr Krugman has forgotten what rampant inflation can do to the job situation.
Y'all will soon see its wrath unleashed yet again on the poor people of
Argentina and very likely Brasil.
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TGT
Social climber
So Cal
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Just heard that the US labor participation rate is down to 58.1%
In other words 41.9% of those that can and should be working,
aren't.
It should be above 66%
Real unemployment is over 11% the 9% numbers, as bad as they are, are phony.
In July, 2.8 million persons were marginally attached to the labor force, little
changed from a year earlier. (These data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work,
and had looked for a job sometime in the prior 12 months. They were not counted
as unemployed because they had not searched for work in the 4 weeks preceding
the survey. (See table A-16.)
Among the marginally attached, there were 1.1 million discouraged workers in
July, about the same as a year earlier. (These data are not seasonally
adjusted.) Discouraged workers are persons not currently looking for work
because they believe no jobs are available for them. The remaining 1.7 million
persons marginally attached to the labor force in July had not searched for
work in the 4 weeks preceding the survey for reasons such as school attendance
or family responsibilities. (See table A-16.)
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Reilly
Mountain climber
The Other Monrovia- CA
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^^^^^ That is partly why Mexico is only reporting 5.5% unemployment. The other
reason is that they don't even bother to count anyone who lives outside the
major metropolises.
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philo
Trad climber
Somewhere halfway over the rainbow
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Fats, I'll bet you buddy Kantor, make that Can't-er, Is sweating torpedos worrying that the US economy will pull out of the mess that the repubs caused. One, it will reinforce support for President Obama and two, he wont make the hundreds of millions he stands to by having bet against America.
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philo
Trad climber
Somewhere halfway over the rainbow
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As he knew they would because that was the plan.
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JEleazarian
Trad climber
Fresno CA
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jstan,
Very true about polarization, but it's hard to make that stick on a thread designed for polarization.
Reilly,
As I think you know, but some others don't, Krugman, for all his brilliance, has a rather poor track record as a macroeconomic forecaster. His predictions have gone terribly awry for 30 years because of very poor economic theory. His idea that the Fed can stimulate the economy ran headlong into our experience in the 1970's. Monetary policy is an exceedingly poor way to attempt to stimulate the economy.
I think in general, this economy baffles the troglodytic "Keynesians" because they've already emptied all their weapons, with no positive effect. They're out of options. (I use the term "Keynesians" in quotes because their policies and theories differ from the economics of Keynes himself. Those interested [and if you are, I question your use of time!] can look at, for example, Axel Leijenhufvud's Keynesian Economics and the Economics of Keynes).
The more I think about it, the more I think that the world economic situation reflects demographics as much as anything else. As our population, and that of most western economies (including the very far western one of Japan) age, our overall GDP growth rate has decreased. I think a goodly part of this may be that we are retiring too soon, but I haven't been able to check the research (or do my own) yet, so I offer it as just a thought.
I'll offer more when I know more.
John
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philo
Trad climber
Somewhere halfway over the rainbow
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Dr, F's post about Grover Norquist is a perfect example of what Rox is saying.
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TGT
Social climber
So Cal
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Clinton had actually been the only president in decades to begin to run the government at a "profit".
You mean the Kasich, Gingrich budgets.
Klinton was drug kicking and screaming into "triangulating" by Dick Morris.
Kasich is now running a state at a "profit" as well.
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Bob D'A
Trad climber
Taos, NM
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Greatest modern day republican president raise the debt ceiling 18 times, double the deficit, tripled spending and had the largest tax increase in modern day history. He is the role model for the republican party.
You all are hypocrites of largest kind.
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Bob D'A
Trad climber
Taos, NM
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fat wrote: Reich is another insane economist, there was no assurance of "growth" after the debt deal, he must be dreaming. He and Krugman want to send us down the same path as Greece.
And you live in a basement and don't pay school or property tax but use the hell out of local services. Go preach to your flat earthers...they will listen.
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TGT
Social climber
So Cal
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Government produces nothing!
The only wealth it has it took from somewhere else. Either by taxes or the universal tax, devaluing the currency by printing more.
The concept of government "stimulating" an economy is a logical non sequitur.
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Bob D'A
Trad climber
Taos, NM
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TGT wrote: Government produces nothing!
They produced two wars that were not paid for, they produced a trillion dollar prescription plan that wasn't paid for.
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TGT
Social climber
So Cal
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Three if you include Johnson's
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FRUMY
Trad climber
SHERMAN OAKS,CA
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What about the interstate highway system.
What about the U.S. Navy. the most powerful Navy the world has ever seem. The U.S. Navy has more ship than the next fifteen Navy's combined.
What about ------------------------------ your standard of living.
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TGT
Social climber
So Cal
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What about the interstate highway system.
What about the U.S. Navy. the most powerful Navy the world has ever seem. The U.S. Navy has more ship than the next fifteen Navy's combined
Gee,
Now where did all that money come from?
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