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Thread: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

  1. #111
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    why don't you?

    and while you're at it, why not calculate the exact locus of the failure of all those macro stabilizers, damn their coherence?

    cuz THIS ONE's bad, i mean, REAL bad

    maybe the worst of all time

    and NOT JUST in michigan

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    why don't you?

    and while you're at it, why not calculate the exact locus of the failure of all those macro stabilizers, damn their coherence?

    cuz THIS ONE's bad, i mean, REAL bad

    maybe the worst of all time

    and NOT JUST in michigan
    Are you done ranting yet? My money says no, it has only just begun. Once unemployment falls below 9%, i can only imagine the envious partisan bicker.
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    THAT's what happened to those damned stabilizers?

    not much of an ANSWER

    doctor

    LOL!

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    THAT's what happened to those damned stabilizers?

    not much of an ANSWER

    doctor

    LOL!
    One can only do so much with what you have given. I have answered your questions ad nausum, and have yet to receive equal treatment.

    and while you're at it, why not calculate the exact locus of the failure of all those macro stabilizers, damn their coherence?
    It would be best to tidy up your questions in an attempt (although a long shot) at coherence
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    what happened to all that coherent macro stabilization policy?

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    what happened to all that coherent macro stabilization policy?
    You mean effective fiscal and monetary policy? Look at asset markets, as they are often first to reflect the dynamic changes in an economy. Next, we look toward capital investment, and finally labor investment.

    Deficits will not begin to be chipped away until the last lagging indicator begins to show some results. So when unemployment falls below 9%, and Obama does not show merit on reducing deficits (via tax increases, spending decreases), then you will have a point. Until then, it is all just partisan bickering of which you seem to derive the most joy from.
    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: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    you mean, they didn't WORK?

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by The Prof View Post
    you mean, they didn't WORK?
    ????

    The S&P is up 30% from this point last year, and this does not even cover the March lows in which we could see that number climb past 50%.

    Consumer discretionary is already up 50% and can expect that number to climb towards 100% in March.

    How about housing?



    ---------------------------------------------------------

    As we can clearly see, asset prices have stabilized as they are the first to reflect dynamics.

    Next up is capital investment (the big I in the GDP identity), followed by labor investment (which makes up quite a bit of the big C in the GDP identity).
    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

  9. #119
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Goldenboy219 View Post
    ????

    The S&P is up 30% from this point last year, and this does not even cover the March lows in which we could see that number climb past 50%.

    Consumer discretionary is already up 50% and can expect that number to climb towards 100% in March.

    How about housing?



    ---------------------------------------------------------

    As we can clearly see, asset prices have stabilized as they are the first to reflect dynamics.

    Next up is capital investment (the big I in the GDP identity), followed by labor investment (which makes up quite a bit of the big C in the GDP identity).
    Discretionary spending is up 50%? What is this based on?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by American View Post
    Discretionary spending is up 50%? What is this based on?
    Consumer discretionary American, please pay attention to the context, in this case asset markets.
    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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