I want inflation. I want debt. I want spending. It's the only way to get us booming!

Isn't saving as much as possible, rather than spending, one of their main points?

 

Keynes said that if Government spending constituted more than 25% of GDP, we'd be damaging the economy.

What say you?

 

You - apparently - believe that 'saving' means hiding currency in a mattress. It does not.

 

Someone in this thread works for bankers. Find the Waldo.

They have the money but are not lending or spending. Now, fix that problem without putting us 1.5 trillion further in a debt hole?

 

I am against unfair trade. Outsourcing is just the logical business response to adapting to an unfair playing field. It is rediculous to punish businesses when eliminating unfair trade is the right solution.

 

The other thread got deleted, but I replied with the fact that the owners of the business (apartment renting) that my grandmother worked for, also dropped her wage 5 DOLLARS (for her that was a HUGE drop) on the spot over night, for NO reason. And guess what? That was RIGHT after she literally SET the company's record, at the ripe ol' age of 57, for apartment turnovers!

You don't know the situation obviously, but overall with the phone calls they gave her unprovoked and other treatment, it was just...SADISTIC. Seriously.

I mean, if she had the option of realistically moving to another place, that'd be one thing but it's not like, especially in this economy, there were apartment maintenance jobs just floating out there for everyone to get. Plus, she had people that she cared for right there living beside her that she didn't want to leave, and they didn't either.

As much as anarcho-capitalists make it out like employees take NO responsibility at all and can just SO easily up and leave and get another job at all times and move there and live at another geographical location too whenever they wanna, they're just wrong. Absolutely wrong. They must have ZERO real life experience with anything, or (more probably) are just flat out lying and using that as an excuse for whatever unfair messed up ideologies or biases they have.

 

You're still here?

Houston, we have a problem.

 

This is not an argument. It is a personal anecdote.

 

Saving would be..basically avoiding spending. Am I wrong?

 

And it shows exactly why I have my principles on labor laws etc. Don't like it? Not my problem.

 

Yeah, not that it really matters, this forum is lame lol

 

And when that fails, Krugman will write a book stating that the amount should have been 3 trillion. Not only that, but I am sure the government will have an agenda in its allocation of these funds. No doubt it will attempt to pick winners and losers resulting in mis-allocation of resources which will produce either a bubble or waste, or inevitable stagnation.

 

You want inflation??...well you've got it. The 'real' inflation rate is around 9%, regardless of what the govt says. The CPI does not use food or energy in its calculation. Inflation usually indicates a 'hot' economy, but we have higher prices and lower demand, which all points to a devalued dollar. This is due to the Fed printing money with no economic activity to back it up. It's a tax on everyone, plain and simple.

Official govt inflation rate.....2%

'Real' inflation rate......9%

Commodities price index....up 27%

 

Yes....you are wrong. Saving is merely allowing others the right to spend your accrued utility.

 

So if I get 10 bucks and try to not spend it that way I can have it later, that's NOT "saving"?

 

How does saving remove spending? I could see where the manipulation of interest rates hampers the ability of savings to produce capital flow, but perhaps we should focus on the root cause of the problem as opposed to throwing ineffectual treatments at it.

 

I am also hoping that this baboon we have as president hands over more stimulus packages and runs this country in greater 10's of trillions a dollars of debt.

Completely breaking us in two.

If Obama doesn't do it this term he's got my vote for another to complete his work. Once we are so down in the toilet you'll see all these parasites leave and America will no longer be the focus point of the world. How can the government still be big brother when it's so broke it can't even pay for office paper.

No longer a police state because the Government will have too much of a hard enough time to even afford 1/3 of the force.

These plastic politicians we've been having bought and paid for by foreign governments like Israel, China and Briton will no longer have interest in the soon to be dumping 3rd world nation, and finally we will have room to stretch our legs and say what we want.

I'm being serious

 

The liberal nutjob mantra: spend spend spend our way to prosperity.

 

Do you put it in a safe or a hole in the backyard?

 

If you use it later, then sure it will stimulate the economy then. If.

 

It's not a liberal mantra. Every President since WWII regardless of Republican or Democrat has used the same philosophy. Republican's are just better at selling the spending.

 

Well it is without a doubt the liberal nutjob mantra. It may also be the big government republican mantra too..

 

Where does it go while you are not using it? Are you saying that all savings are of the most liquid nature? Others are stimulating the economy with your savings in almost every investment vehicle.

 

I think it depends on who spends it.

Also, when wealth possession exists in the form of paper money, it's way easier to save it because it can be saved in the form of a number on a credit card, for instance.

On the other hand, if we had a barter system in the form of say, you own live pigs and you wanna sell them to a plumber so he can fix your house's leaking, if you tried to save those pigs, they'd die and rot away and lose their value.

That illustrates my point perfectly

 

And then, they want to blame the disparity of wealth distribution on what? Not on the ones printing and handing the money to their fascist partners (who sit on it until they feel like spending or loaning) but on the people who oppose the process!

Brilliant!