Posted on 10/03/2009 8:51:18 AM PDT by SeekAndFind
Nah. All he's saying is that Obama should do more of the same--subsidize production for which there is no demand--"stimulate" those green shoots--wherever they are.
After the US buys everything his non-white untrained construction workers can turn out, and the dollar is cheap as dirt, what is the gubbermint going to do with all those cars, widgets, and asphalt plants?
Bigger government is always the answer for leftest.
It doesn’t occur to this moron that destroying the dollar and putting 10 generations deep into debt is totally self destructive in the longer run.
Yep. When Obama got elected my husband decided to get his social security early while there was still some in the pot.
The problem is that the government gave a trillion dollars to the banks so they could start giving loans to small business and folks to buy things and get the ball rolling again,
and then the government turned around and borrowed the trillion dollars itself, as a ‘stimulus’.
That really was the straw that;s turning this recession into a depression. If they add on business killer cap and trade and the debt of ‘public’ health care, our fate is sealed.
From the actual bombing survey - many moons ago.
MNJohnnie wrote:
Pass the Developing America’s Resources act to remove all bottlenecks and obstacles in Government regulation that is blocking development all US energy resources and commit the US Government to exploiting any and all US energy sources to end our dependency on imported energy.
Who has sponsored this? Do you have a bill number? I haven’t heard of that bill, at least not in the current Congress.
| From the desk of cc2k: |
During the 30’s, unemployment hit about 20% about 1933, and then went down to about 17%. It stayed at 17% throughout the 30s- never going down until we started ramping up for WWII in 1939-40.
Using the same employment definitions, the rate now is about 17%.
Reich is forgetting that business will NOT INVEST in more people until the situation with Energy prices (due to CapNTax fears) and Employee cost (due to health care taxes) is clarified. After that, they will be able to estimate demand, which is often dependent on employment and the general economy. Only after that, will they see if they can borrow for expansion, etc.
He IS right that we are years from a real recovery, and he might even be accurate that the govt should be rebuilding roads, bridges, and other such infrastructure. Adding to the govt debt simply to do that, though, will hurt the business borrowing for expansion, so it is not a panacea.
In the end, gov’t doesn’t expand the economy, business does.
People are taking weekend vacations up at the cabin, instead of flying to Vegas or Florida. Paring down their spending.
Oh so know we have Keynes II?
I sorry I stated that poorly. That is a bill of my own creation and exists only in my own mind. It is not a real bill.
You can sum all that up with:
When people have nothing (or little) left to lose, “Viva la Revolucion”.
http://www.freerepublic.com/focus/f-news/2169462/posts
Wonder what this Be prepared for worse. means? Here is another liberal that babels out of both sides of his mouth while pointing an accusing finger.
As opposed to the constant all out assault against whites & Christians, no unemployment required?? I don't disagree about unemployment but Reich is a typical anti-white, anti-American, multicult Marxist AH.
“Yep. When Obama got elected my husband decided to get his social security early while there was still some in the pot.”
My wife and I have heard this from some early SS retirees.
Of what consumer goods?
Oh so know we have Keynes II?
Yep.
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