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Thread: Economists: The stimulus didn't help

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by Gipper View Post
    Sure, everyone loves cake. It requires severe moderation though, just like Keynesian-based legislature.
    You left out an important part. There is no reason to give a 500lb diabetic any cake because "short term gain" leads to long term ruin.
    Wow. Am I awesome or what?

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by Redress View Post
    The words "estimate", and "predict" are used frequently in the report.
    the word "said" is what obama did

    LOL!

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    Re: Economists: The stimulus didn't help

    I never believed the ARRA would bring this country out of it's economic decline, but I certainly do know it has had a positive impact on this nation's overall economy. I know plenty of people who were either able to retain their jobs or actually were able to find work as a direct result of stimulas money.

    I did have a positive result despite all the negative spin the right tries to put on it. Now, it's true that Pres. Obama put his foot in his mouth when he made claims (or projections) that clearly didn't pan out, i.e., the unemployment rate would remain at or below 8% or that the stimulas would creat X-amount of jobs. Nonetheless, it has had positive results. Those who don't want to see it's positive net results no matter how small will simply choose to ignore them and no matter how hard you try to convince them otherwise, they simply will refuse to believe the statistics. So, why even try?

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by Gipper View Post
    You completely missed his point. He was saying that when Keynesian should have taken a back seat, the powers that be - under coercion of the constituants - kept it going.

    Every economist knows that classicism addresses the long run and Keynesian policies address the short run. What some people fail to realize is when to switch from one back to the other. A powerful, capitalist state should treat classic economics like vegetables and Keynesian economics like cake. Unfortunately, the dumber the people, the more they just revert to base instinct to eat all the cake they can shove down their throats while going "yucky" at veggies, even though it creates a lazy, fat, early-death populace.

    Sure, everyone loves cake. It requires severe moderation though, just like Keynesian-based legislature.
    Except that this thread is concerned with a time period where we need cake, so if that was his point, then it really is a moot one.

    Other than that, I have no bone to pick with what you are saying, in general.

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by Taylor View Post
    Surely to be followed by a "it wasn't big enough" response from the far left.
    And if economists say it wasn't big enough, will you accept that like you accept this?

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by stekim View Post
    You left out an important part. There is no reason to give a 500lb diabetic any cake because "short term gain" leads to long term ruin.
    If a diabetic is having insulin shock, cake is just what he needs, otherwise he won't make it to the long-term.

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by The Prof View Post
    the word "said" is what obama did

    LOL!
    LOL!

    Even when

    I link to

    the very document

    that you base

    LOL!

    your claim

    on

    LOL!

    you still

    insist on

    LOL

    making stuff up

    LOL!
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by makeout hobo
    "People are too stupid to know what's good for them". Thanks, gipper
    It's correct a lot more than you want to believe.

    Quote Originally Posted by stekim
    You left out an important part. There is no reason to give a 500lb diabetic any cake because "short term gain" leads to long term ruin.
    Even someone morbidly obese that's on a diet could get a slice of cake once in a while. Having said that, I was addressing a time when the man was relatively healthy and in shape, before he gouged on cake.

    Keynesian economics has its use, but just incredibly limited. Classical economics does not always fix its own messes, or sometimes takes far too long to be pushed along by the "invisible hand". Intervention is sometimes necessary. Granted, not in today's political and economic world, but in other times and places, yes.

    Quote Originally Posted by Dezaad
    Except that this thread is concerned with a time period where we need cake, so if that was his point, then it really is a moot one.
    That was it. It sounded like he believes that we're in a vegetable time, in which I would agree with him.

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    Re: Economists: The stimulus didn't help

    Quote Originally Posted by misterman View Post
    And if economists say it wasn't big enough, will you accept that like you accept this?
    If you come across such a story, feel free to create a thread.

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