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Thread: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

  1. #181
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Goldenboy219 View Post
    No.

    The Fed purchases government debt from private entities via open market operations. It does not purchase it directly from the treasury.

    The board of governers are appointed for 14 year terms, thereby eliminating political motive (the reason the Fed was created).
    Why all of this talk of the politics of the Fed when he was just asking whether or not the Fed can induce hyperinflation?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  2. #182
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by j-mac View Post
    When demo's have the purse strings.
    Except that reality refutes you right now.

    Nonsense, this Presidents agenda has been nothing if not payback to political allies.
    Still haven't figured out the difference between facts and opinions have you?

    What kind of backward arse thinking is that?
    The same kind Donald Sutherland argued about a month ago. Actually he argued the identical argument. Too bad I was arguing that a month before he did. Still. Great minds think alike. Hence why I can't agree with you on anything Mr. "Cops can threaten to rape and kill your family during an interrogation."

    Look, tell me how unemployment payments that at top rates come in around $250.00 per week, are equal in spending power retail wise, to a job that brings in $1000.00 per week?
    That was basically nonsense. People on unemployment still have to eat. If they had no income coming in, they'd cut spending on all non-necessities. Instead with unemployment payments, they go and spend it at discounters. There's a reason why over the last 18 months discounters have been doing extremely well. Walmart has reached store saturation and is still kicking butt.

    Propping up union pensions.
    And they did that when?

    FYI:
    http://www.debatepolitics.com/breaki...post1058997443
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  3. #183
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Conservative View Post
    Because you told me you were taking on more responsibility at the company where you work.

    I am still waiting for you to apply your own financial situation to the national scene, when your taxes go up do you have more or less spendable income and how does that affect spending?
    That would be now and not preclude me from done anything in the past or at the same time. You can't really know anything about any of us.

    I will spend just as much as I do now. There will be no noticable difference. Same with those making 250,000 and more.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  4. #184
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    That would be now and not preclude me from done anything in the past or at the same time. You can't really know anything about any of us.

    I will spend just as much as I do now. There will be no noticable difference. Same with those making 250,000 and more.
    I can't wait until you go on your own and find out what the real world is like. I assure you that you will change your tune. When you have less spendable income you spend less and that is what happens when taxes go up. Cannot believe I am having this argument.

  5. #185
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Conservative View Post
    I can't wait until you go on your own and find out what the real world is like. I assure you that you will change your tune. When you have less spendable income you spend less and that is what happens when taxes go up. Cannot believe I am having this argument.
    I'm 51 fellow. I've done a few things. So, save the silliness for someone else.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  6. #186
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    I'm 51 fellow. I've done a few things. So, save the silliness for someone else.
    What exactly have you done that makes a difference to anyone else? the silliness is believing that raising taxes is going to put 16 million Americans back to work and will cut the debt. You don't seem to have a clue how our economy works and the role private business plays in it.

  7. #187
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    I'm 51 fellow. I've done a few things. So, save the silliness for someone else.
    Ever operated your own business?
    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.

  8. #188
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by apdst View Post
    Ever operated your own business?
    Good of you to ask instead of assume, yes in a partnership. An antique store for a few years. learn more about Barbie dolls than I ever wanted to know. Partner got ill and I didn't care enough about it to take over. But it was a nice bit of fun for awhile and we made a few bucks.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  9. #189
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Conservative View Post
    What exactly have you done that makes a difference to anyone else? the silliness is believing that raising taxes is going to put 16 million Americans back to work and will cut the debt. You don't seem to have a clue how our economy works and the role private business plays in it.
    This is part of your problem, I've made no such claim about putting anyone back to work. I said that taxes on 1% would help with the defitcit and not effect people going back to work at all.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  10. #190
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    Re: Stimulus Boosted Jobs in 2nd Quarter, CBO Says

    Quote Originally Posted by Boo Radley View Post
    Good of you to ask instead of assume, yes in a partnership. An antique store for a few years. learn more about Barbie dolls than I ever wanted to know. Partner got ill and I didn't care enough about it to take over. But it was a nice bit of fun for awhile and we made a few bucks.
    How would an 18% increase in taxes have affected your bottom line?
    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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