• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

LA Times: Obama stimulus spending: $246,436 per new job

Goldenboy219 said:
And you actually believe this comment debunks the multiplier? :lol:
Click to expand...

I'm not trying to debunk the multiplier, just showing that money is better spent by consumers and producers.
 
Are we discussing the keynesian multiplier?

Or are we discussing funny math?

Or are these actually one in the same?:doh
 
phattonez said:
I'm not trying to debunk the multiplier, just showing that money is better spent by consumers and producers.
Click to expand...

The bold is a vital aspect of the fiscal multiplier.


Goldenboy219 said:
Just giving people money creates a much weaker multiplier effect. Can you explain why Tony?
Click to expand...
 
phattonez said:
I'm not trying to debunk the multiplier, just showing that money is better spent by consumers and producers.
Click to expand...

Well, of course it is. But they aren't spending enough now, because too many have no jobs, and the rest are afraid they will lose them so they are hoarding their cash. That's why the government temporarily steps in.
 
misterman said:
Well, of course it is. But they aren't spending enough now, because too many have no jobs, and the rest are afraid they will lose them so they are hoarding their cash. That's why the government temporarily steps in.
Click to expand...

The government never, and I mean NEVER, "temporarily steps in"!:doh
 
misterman said:
Well, of course it is. But they aren't spending enough now, because too many have no jobs, and the rest are afraid they will lose them so they are hoarding their cash. That's why the government temporarily steps in.
Click to expand...

"Hoarded" means it is saved, and what is the function of saved money?
 
Jackboot said:
The government never, and I mean NEVER, "temporarily steps in"!:doh
Click to expand...

More lame platitudes.

Yes, the government does step in temporarily and then shuts down a program when it is no longer needed or cannot be sustained. You just don't remember those because they are gone.

You think this stimulus will become a permanent program? Really?
 
phattonez said:
"Hoarded" means it is saved, and what is the function of saved money?
Click to expand...

You tell me, and I'll tell you why it also doesn't matter in a deep recession.
 
misterman said:
More lame platitudes.

Yes, the government does step in temporarily and then shuts down a program when it is no longer needed or cannot be sustained. You just don't remember those because they are gone.

You think this stimulus will become a permanent program? Really?
Click to expand...

Yes, this is why many states fought the stimulus in the first place.

O.k....you're up....
 
misterman said:
You tell me, and I'll tell you why it also doesn't matter in a deep recession.
Click to expand...

I already told you and you agreed with me that not all companies are failing during a recession right?
 
phattonez said:
"Hoarded" means it is saved, and what is the function of saved money?
Click to expand...

Again your error is in regards to time frame. Savings fuels long run growth. :2wave:
 
Jackboot said:
Yes, this is why many states fought the stimulus in the first place.

O.k....you're up....
Click to expand...

So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?
 
Goldenboy219 said:
Again your error is in regards to time frame. Savings fuels long run growth. :2wave:
Click to expand...

Yeah, kind of hard to take out a loan for a business when nobody's buying anything.
 
Goldenboy219 said:
Again your error is in regards to time frame. Savings fuels long run growth. :2wave:
Click to expand...

And the problem during a recession is that credit is hard to come by right? Well what would be the function of an increase in savings? With free banking, would that make loans easier to get again?
 
misterman said:
So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?
Click to expand...

I answered your question, and your response is "so?":confused:
 
phattonez said:
And the problem during a recession is that credit is hard to come by right?
Click to expand...

No, actually, it's that people don't want credit because they aren't doing business because there aren't any customers.
 
Jackboot said:
I answered your question, and your response is "so?":confused:
Click to expand...

No, it was "So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?"
 
misterman said:
Yeah, kind of hard to take out a loan for a business when nobody's buying anything.
Click to expand...

No it is not, many have to take out loans for payroll, so they can then hopefully survive the downturn. Unfortuanatley though, when the government has all the paper, this makes that all the more difficult.
 
phattonez said:
Don't be so sloppy with the way you describe the economy.
Click to expand...

Excuse me. But I think you knew what I meant. Sorry for being not boring when I write.
 
misterman said:
No, it was "So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?"
Click to expand...

Some have, have they not?
 
Jackboot said:
No it is not, many have to take out loans for payroll, so they can then hopefully survive the downturn. Unfortuanatley though, when the government has all the paper, this makes that all the more difficult.
Click to expand...

Is credit hard to get now because the government has all the paper though?
 
You must log in or register to reply here.
Back
Top Bottom