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Thread: Fiscal Cliff Bill Passes[W: 110]

  1. #171
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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Henrin View Post
    Tell me when you finish the second part of the plan.
    WTH are you talking about?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Whipsnade View Post
    WTH are you talking about?
    His plan basically has two parts.

    1. Spend on work programs.
    2. Cut spending at full employment to pay off the debt that was created.

    The second part has never been done. The first part while done has never been constrained to just what he said.

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Travis007 View Post
    what do you do for a living..? I gotta know..
    wtf do you care what he does for a living?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Henrin View Post
    His plan basically has two parts.

    1. Spend on work programs.
    2. Cut spending at full employment to pay off the debt that was created.

    The second part has never been done. The first part while done has never been constrained to just what he said.
    If your talking about stimulus, then he should double down on it.But with the baggers in the house. who bohner is sucking up to, sadly that wont happen.At least it wont happen until the midterms when we kick ass again.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Whipsnade View Post
    If your talking about stimulus, then he should double down on it.But with the baggers in the house. who bohner is sucking up to, sadly that wont happen.At least it wont happen until the midterms when we kick ass again.
    I'm talking about the basics of Keynesian economics. Keynes didn't just support stimulus without limit but outlined certain things he said it was to be spend on. He also made it a point to say that the debt that came from this needed to be paid off and this should be done at full employment. The thing is that neither half of this has ever been done.

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Henrin View Post
    I'm talking about the basics of Keynesian economics. Keynes didn't just support stimulus without limit but outlined certain things he said it was to be spend on. He also made it a point to say that the debt that came from this needed to be paid off and this should be done at full employment. The thing is that neither half of this has ever been done.
    Because he was so wrong. The government doesnt make anything but trouble and expenses You cannot take money from the private sector and give it to the government and not hurt the private sector. Your just moving money from one place to another and dropping some of it on the way.

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Henrin View Post
    I'm talking about the basics of Keynesian economics. Keynes didn't just support stimulus without limit but outlined certain things he said it was to be spend on. He also made it a point to say that the debt that came from this needed to be paid off and this should be done at full employment. The thing is that neither half of this has ever been done.
    WW two was a pretty big stimulus and we managed to somehow dig our way out of that.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by Whipsnade View Post
    WW two was a pretty big stimulus and we managed to somehow dig our way out of that.
    Because we were the only ones left standing

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    Re: Fiscal Cliff Bill Passes

    German and Japanese industry, especially the auto industry were practically wiped out and with no competition the US did quite well indeed, though the wealth didn't really trickle down much, it was more than recent times.
    Last edited by amph; 01-03-13 at 02:26 PM. Reason: grammer

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    Re: Fiscal Cliff Bill Passes

    Quote Originally Posted by amph View Post
    German and Japanese Industry especially the auto were practically wiped out with no competition the US did quite well indeed, though the wealth didn't really trickle down much it was more than recent times.
    Only maybe the biggest boom in US history. More people entered the middle class than ever before and suburbia was born.

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