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WH economist calls for more spending, less taxes
http://news.yahoo.com/s/ap/20100901/ap_on_bi_ge/us_obama_economist_1

Posted on 09/01/2010 11:28:51 AM PDT by ChicagoConservative27

WASHINGTON – Departing White House economist Christina Romer says the government has the tools for bringing down unemployment, but policymakers need to find the will and wisdom to use them.

Romer called on officials Wednesday to move forward on policies that will increase government spending and cut taxes. She also called for investments in infrastructure and new trade agreements.


TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: economist; spending; whitehouse

1 posted on 09/01/2010 11:28:54 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

http://news.yahoo.com/s/ap/20100901/ap_on_bi_ge/us_obama_economist_1


2 posted on 09/01/2010 11:29:26 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Also cheaper junk food and less obesity.

Also cheaper energy and less oil drilling and coal mining.


3 posted on 09/01/2010 11:31:38 AM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: ChicagoConservative27

Twinkie Beast: go back to California. Stop spending my children’s money on unions and pork projects.

Speaking of pork, Romer is the Queen of Pork.


4 posted on 09/01/2010 11:36:14 AM PDT by whitedog57
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To: ChicagoConservative27

More spending, less taxes? What utter morons lead this nation! That’s like saying eat more food and exercise less.
These leftist roaches are destructive critters.


5 posted on 09/01/2010 11:37:30 AM PDT by tflabo
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To: ChicagoConservative27
Spending and tax cuts.

Spend 900 billion. And give everyone a tax cut of 2 bucks.
6 posted on 09/01/2010 11:40:33 AM PDT by nhwingut (Palin/Bachmann '12)
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To: ChicagoConservative27

Do any of these “economists” have college credits from a non-Marxist?


7 posted on 09/01/2010 11:41:29 AM PDT by G Larry (Democrats: expediting the Destruction of America, before they lose power...)
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To: All
Ah! You mean THIS Christina Romer?

Okay...I believe her. More spending.

8 posted on 09/01/2010 11:42:21 AM PDT by rlmorel (America: Why should a product be deemed a failure if you ignore assembly and operation instructions?)
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To: ChicagoConservative27

Yes...then I suggest we cure an alcoholic by giving him a case of beer. These people are insane.


9 posted on 09/01/2010 11:46:51 AM PDT by woweeitsme
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To: ChicagoConservative27
I think this headline should read White House Calls for More Borrowing...
10 posted on 09/01/2010 11:52:40 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: rlmorel

Probably not enough granularity in the graph to show the uptick in unemployment as a result of all the census workers getting cut loose and all the American Recovery and Reinvestment Act road work completing. Oops, I misread - this is the “plan”.


11 posted on 09/01/2010 12:08:08 PM PDT by OrioleFan (Republicans believe every day is the 4th of July, democrats believe every day is April 15.)
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To: tflabo

“More spending, less taxes? What utter morons lead this nation!”

GW Bush for 8 years. Now Obama is outshining him.


12 posted on 09/01/2010 12:16:45 PM PDT by Shermy (Keynsianism and "Supply Side" economics: two sides of the same borrowed coin)
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To: ChicagoConservative27

more vacations - for everybody!


13 posted on 09/01/2010 12:24:33 PM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: ChicagoConservative27; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; FromLori; ...
RE :”Romer called on officials Wednesday to move forward on policies that will increase government spending and cut taxes. She also called for investments in infrastructure and new trade agreements. Romer said that while some new policies should be viewed as emergency measures, most should be paid for with future spending cuts or revenue returns. She said concerns about the mounting deficit should not be used as an excuse “for leaving unemployed workers to suffer

Her fix is MORE spending and tax cuts but she doesn't say what she calls a tax cut. I assume she means more Obama welfare-like temporary tax credits. Right now they plan on raising taxes not cutting taxes. What does she say about that?

Questions:
#1 : Haven't Democrats complained ENDLESSLY about Bush/Republicans cutting taxes while increasing spending? Then she needs to tell us she thinks Bush did the right thing given her proposal. I personally don't agree with them, see #2.

#2 : This crap about spending cuts and tax increases in the future to pay for tax cuts and spending increases now... doesn't that just screw the next guy while rewarding the current guy. I mean, won't the next president feel the need to ‘stimulate’ the economy for jobs like Bush, then Obama, by running up deficits too? Then this pay in the future stuff is nonsense.

14 posted on 09/01/2010 12:30:32 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: ChicagoConservative27

That should balance things out. LOL


15 posted on 09/01/2010 12:31:38 PM PDT by jersey117
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To: ChicagoConservative27

Read her bio on Wikipedia. Another academic with no real world experience. Her whole life has been in university or “learned societies.”


16 posted on 09/01/2010 12:34:57 PM PDT by Clock King (Ellisworth Toohey was right: My head's gonna explode.)
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To: OrioleFan

They still have the damned POS census workers going. I saw three of them in my neighborhood yesterday. Don’t get me started on them. My wife and I had a bizarre census experience, many missed phone calls, muliple phone calls, visits to the door, etc.

I am all for the purpose of the census, but the waste, inefficiency and stupidity of this census appalls me. It makes me angry in ways I just can’t mention.


17 posted on 09/01/2010 12:41:08 PM PDT by rlmorel (America: Why should a product be deemed a failure if you ignore assembly and operation instructions?)
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To: sickoflibs

RE: WH economist calls for more spending, less taxes

There are usually 4 solutions...

* More Spending, Higher Taxes

Jimmy Carter did this and look where it got us...

* More Spending, Less Taxes...

George W. Bush did this. Obama wants us to believe he’s for this but then he would raise Capital Gains taxes, Corporate taxes but retain the Bush Tax cuts for those making less than $250,000.

* Less Spending, More Taxes...

Haven’t heard anyone prescribe this here at all. I think the Greeks and some of the PIIG countries are trying this.

* Less Spending, Less Taxes...

The Supply Side way. This actually occured during Clinton’s second term under a GOP controlled Congress. Result — a BUDGET SURPLUS.


18 posted on 09/01/2010 12:42:47 PM PDT by SeekAndFind
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To: Steely Tom

Yeah, and higher wages and cheaper prices.


19 posted on 09/01/2010 12:49:57 PM PDT by tiki
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To: rlmorel

Wow, sorry. I thought the census was over and all had been let go.

My kid at Penn State said she was harassed by a census worker who said her dorm address wasn’t a legitimate address. The census wouldn’t let me list her on my form to spare her the harassing phone call, and her dumb RA didn’t know students at college were supposed to fill out their own forms so she didn’t know where the forms could be found. I used it as a teachable moment to let my daughter know what it’s like when Government runs amok, and what can happen when you rely on know-nothings to keep you informed.


20 posted on 09/01/2010 12:57:14 PM PDT by OrioleFan (Republicans believe every day is the 4th of July, democrats believe every day is April 15.)
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To: SeekAndFind

Better yet, cut taxes, increase spending, brag about the job creation...then tell the next guy to increase taxes and cut spending and create jobs...it’s just like social security... the unborn will pay for our retirement, they cant vote now. So raise their taxes and cut their social security.


21 posted on 09/01/2010 1:27:18 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs

Romer’s economic theories made a lot more sense before she joined the Regime.


22 posted on 09/01/2010 1:37:48 PM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
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To: ding_dong_daddy_from_dumas
See : #21
23 posted on 09/01/2010 1:40:54 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: ChicagoConservative27

Well, my concern is for the size of the crack bill Christina Romer and her “team” are running up. And, you ask, what makes you think such a bill exists and that it is such a large one? Well, I answer, can you think of a more likely explanation as to why these addle-brained fools believe more deficit spending is going to rev up the U.S. economy, when the first trillion in deficit spending failed?


24 posted on 09/01/2010 1:53:00 PM PDT by catnipman (Cat Nipman: Made from the Right Stuff!)
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To: ChicagoConservative27

Good idea.

Find something that doesn’t work and do more of it.


25 posted on 09/01/2010 3:05:04 PM PDT by Western Phil
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To: ChicagoConservative27
PDF-The research paper written by Christina Romer and her husband David Romer

http://emlab.berkeley.edu/users/dromer/papers/RomerandRomerAERJune2010.pdf

26 posted on 09/01/2010 5:57:30 PM PDT by Son House (Like Getting Liposuction, and Coming Out Fatter. Time to Convict Democrats of Economic Malpractice.)
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To: ChicagoConservative27

http://online.wsj.com/article/SB123249646698200289.html

In normal recessions — the argument goes — an increase in discretionary government spending is unnecessary and even counterproductive. But in the event that a recession becomes a depression, a Keynesian stimulus package might work.

^
The Democrat Economist have know this about Keynesian economic theory, therefore, like the JournaList, let me introduce to you;

the Econolist

Transcript of Pelosi, House Democratic Leaders, and Economists’ Press Conference Following Economic Forum
http://www.speaker.gov/newsroom/pressreleases?id=1414

Speaker Pelosi.
“I am pleased that we had the benefit of the thinking of Dr. Mark Zandi, Dr. Alan Blinder, Bob Kuttner, Heather Boushey, Bill Hambrecht, and Allen Sinai.”

add Christina Romer and Paul Krugman. Did I miss any other Democrat economist?

WH Advisor Jared Bernstein, Treasury Secretary Tim Geithner, National Economics Council chief Larry Summers and the rest of his economics team

^
The EconoList, Democrat shilling much like the JournaList..


27 posted on 09/01/2010 6:00:17 PM PDT by Son House (Like Getting Liposuction, and Coming Out Fatter. Time to Convict Democrats of Economic Malpractice.)
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