CaptinSarcastic
DP Veteran
- Joined
- Feb 5, 2013
- Messages
- 1,199
- Reaction score
- 407
- Location
- Denver, CO
- Gender
- Male
- Political Leaning
- Moderate
Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%
I understand that it is your opinion that only supply side policies will work. To argue that by disagreeing with your assertion that I have no understanding of what it takes to stimulate growth is clear evidence that you don't understand that supply-side theory is a philosophy or an opinion that you happen to agree with but is not remotely the only accepted theory. I udnerstand supply-side theory (I used to be a supply-sider) and I understand Keynesian theory. I don't believe either is the right course all the time, I believe the correct policies is dependent on current conditions, and in my opinion, the current conditions warrant Keynesian policy.
I say this because supply-side policy can effectively add capital to the market but the market is not short on capital, there is an excess of capital and a shortage of demand.
I would not disagree that political dysfunction is adding the uncertainty that is keeping capital on the sidelines, but I am very confident that actual policy decisions, even Keynesian policy decisions, would settle some of the uncertainty as well as boosting demand, and the capital would flow back into the economy.
I think it is ridiculous to argue that supply-side policy is necessary when there are trillions of dollars in capital out there, supply side policies would just add to the capital that is sitting on the sidelines.
The stimulus was a positive economic policy, and pretty much the last policy Obama could get through as he did NOT have a filibuster proof Senate but for a few months broken over three periods in 2009.
Obama is a Democrat, the Senate has a Democratic majority. So who's policies should move forward with, the GOP policies of the House?
It is the GOP that is making the petulant stand of my way or the highway.
Sorry, but it does appear that you have no understanding of our private sector economy and what it takes to stimulate and grow it. Let me help you, govt. economic policy that doesn't penalize individual wealth creation and dampers investment capital creation.
Name for me one positive economic policy Obama has created?
What you fail to recognize is that every President in history has had opposition and the sign of a good leader is the ability to work with that opposition. Obama's "my way or the highway" attitude isn't condusive to positive economic policy and growth. In fact Obama had a filibuster proof Senate during his first term.
Seems that Obama supporters are oblivious to reality.
I understand that it is your opinion that only supply side policies will work. To argue that by disagreeing with your assertion that I have no understanding of what it takes to stimulate growth is clear evidence that you don't understand that supply-side theory is a philosophy or an opinion that you happen to agree with but is not remotely the only accepted theory. I udnerstand supply-side theory (I used to be a supply-sider) and I understand Keynesian theory. I don't believe either is the right course all the time, I believe the correct policies is dependent on current conditions, and in my opinion, the current conditions warrant Keynesian policy.
I say this because supply-side policy can effectively add capital to the market but the market is not short on capital, there is an excess of capital and a shortage of demand.
I would not disagree that political dysfunction is adding the uncertainty that is keeping capital on the sidelines, but I am very confident that actual policy decisions, even Keynesian policy decisions, would settle some of the uncertainty as well as boosting demand, and the capital would flow back into the economy.
I think it is ridiculous to argue that supply-side policy is necessary when there are trillions of dollars in capital out there, supply side policies would just add to the capital that is sitting on the sidelines.
The stimulus was a positive economic policy, and pretty much the last policy Obama could get through as he did NOT have a filibuster proof Senate but for a few months broken over three periods in 2009.
Obama is a Democrat, the Senate has a Democratic majority. So who's policies should move forward with, the GOP policies of the House?
It is the GOP that is making the petulant stand of my way or the highway.