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Thread: CBO: Stimulus hurts economy in the long run

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Goldenboy219 View Post
    Our current economic downturn is not a result of short term commodity volatility.
    No, but it is not helping. It is adding to it.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Goldenboy219 View Post
    Profit tends to shrink primarily from two reasons. Either company sales (demand) are slumping, or their input costs (supply) are growing faster than their sales. Considering our actual situation, what do you think is the largest risk to shrink profits for small businesses?
    Blue states notes plastics. I can speak about that. Our supply costs did increase dramatically. We had to make cuts. The problems with increasing sales is many fold. Global competitors that do not have to play by the same rules first. We aren't a small business but all the same the volitility in the commodities markets have caused many problems and jobs.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by 1Perry View Post
    No, but it is not helping. It is adding to it.
    No doubt! But the volatility of asset prices is far to complex to be controlled by the interests of D.C.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by j-mac View Post
    Excuse me if I believe that a strong business sector means not only employment for the middle class, but economic health for the country.
    Strength is having to be protected by others?

    In the army, they maintained, rightly so I think, that an army was only as strong as it's privates. This is the idea that a chain holds or breaks based on it's weakest link and not it's strongest link. Business is not stronger or weaker based on whether we appease them or not. Business needs people with money to spend. Without them, there is no business.


    There you go again. "likely" means you don't know for a fact, but then follow that with definitive, absolute statements show your complete fundamental misunderstanding of how business works. You want to dissect a true "protected class"? Check out public sector unionized employees like teachers.

    j-mac
    Yes, I use the word likely as there are often many variables, and many different companies and many different possibilities, but without being absolute, what you believe isn't likely in any cases, let alone all of them. It is much more likley in most if not all cases that The rate change would not amount to enough to really justify passing it on. And the likely don't. But it helps in making an excuse to exclude them for any responsibility to pay for the benefits they use. A protected class if you will.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Goldenboy219 View Post
    Our current economic downturn is not a result of short term commodity volatility.
    I work in plastic. Trust me, it hurts, hurts all around. Just because you are focused on it being demand is down...there are some severe impacts on the supply side due to oil costs.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Goldenboy219 View Post
    No doubt! But the volatility of asset prices is far to complex to be controlled by the interests of D.C.
    Unfortunately, our country’s energy policy plays a huge part on the cost of oil.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Boo Radley View Post
    Strength is having to be protected by others?

    In the army, they maintained, rightly so I think, that an army was only as strong as it's privates. This is the idea that a chain holds or breaks based on it's weakest link and not it's strongest link. Business is not stronger or weaker based on whether we appease them or not. Business needs people with money to spend. Without them, there is no business.
    Using the armed forces as analogy to private business is a poor example unless you are saying that you think that business should be controlled by government as far as their budgets are concerned. Other than that, please tell us what profits the military contributes to our GDP.

    Yes, I use the word likely as there are often many variables, and many different companies and many different possibilities, but without being absolute, what you believe isn't likely in any cases, let alone all of them. It is much more likley in most if not all cases that The rate change would not amount to enough to really justify passing it on. And the likely don't. But it helps in making an excuse to exclude them for any responsibility to pay for the benefits they use. A protected class if you will.
    That is one long run on sentence to simply say that this is your opinion.

    j-mac
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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by j-mac View Post
    Let's not be so quick to dismiss if I don't agree with everything you are proposing here. Like I said, I am no economist, so I look to what is being said, as well as informed opinions on what is taking place, as well as common sense.

    I offer an opinion from:



    and:





    All of these things have a negative effect on our economy, and are solely the province of Obama, and administration tampering in business that have made this economy what it is today.

    j-mac
    Do you see the problem with making claims on an unquantified basis? If you can provide a valid description to how the actions of the Obama administration have increased short term input costs for business, then please go right ahead. You will have been the first to do so.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Goldenboy219 View Post
    No doubt! But the volatility of asset prices is far to complex to be controlled by the interests of D.C.
    I would not disagree that they can fully control this. They are adding to it though.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Blue_State View Post
    I work in plastic. Trust me, it hurts, hurts all around. Just because you are focused on it being demand is down...there are some severe impacts on the supply side due to oil costs.
    So? That is the point in allowing the market to dictate the price of commodities, and why successful firms implement input cost hedging strategies. Unless there is a valid substitute for plastic, i am pretty sure people will still buy it if the price increases.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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