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Thread: New Obama plans: 'spend our way out' of downturn

  1. #81
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    Re: New Obama plans: 'spend our way out' of downturn

    [quote=ptif219;1058412402]You are not defending? [/img]

    No, just explaining the theory. Why is that a hard concept to understand?

    So you have no answers just that Obama is doing it so it is good
    Never said that. Never said it was good. Please try to stick to reality.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by Whip Comes Down View Post
    How exactly would you have done that, apdst?
    I wouldn't have sent $2 billion to Brazil to subsidize their oil and gas exploration and production, for one.

    Two, I would halt all imports on natural resources to the point where we could get our own industries up and running to an acceptable capacity.

    It ain't rocket science, folks.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by apdst View Post
    Two, I would halt all imports on natural resources to the point where we could get our own industries up and running to an acceptable capacity.

    It ain't rocket science, folks.
    Just absolute insanity.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by misterman View Post
    Just absolute insanity.
    Of course you would believe that it is...

    Hell, we might actually put folks back to work and start fixing the economy! That would be trully insane!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by apdst View Post
    Of course you would believe that it is...

    Hell, we might actually put folks back to work and start fixing the economy! That would be trully insane!
    Stopping all imports. Right. That'll work out great!

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by apdst View Post
    Of course you would believe that it is...

    Hell, we might actually put folks back to work and start fixing the economy! That would be trully insane!


    Assume we are close to that line (the ppf curve) (D). Also assume we have a consumption curve that lies outside that line (X). What does this mean?

    Looks similar to this:

    What happens when the consumption pattern falls equal to the ppf on all derivatives?
    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: New Obama plans: 'spend our way out' of downturn

    Hey, no fair using actual economics and stuff!

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by misterman View Post
    Stopping all imports. Right. That'll work out great!
    Where did I say stop all imports? Perhaps you should re-read my post?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by Goldenboy219 View Post


    Assume we are close to that line (the ppf curve) (D). Also assume we have a consumption curve that lies outside that line (X). What does this mean?

    Looks similar to this:

    What happens when the consumption pattern falls equal to the ppf on all derivatives?
    What percentage of our oil do we import? You're ok with trade deficits? Since we're talking actual economic stuff and all.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: New Obama plans: 'spend our way out' of downturn

    Quote Originally Posted by apdst View Post
    Where did I say stop all imports? Perhaps you should re-read my post?
    Sorry, I should have written all imports on natural resources.

    Still insane.

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