Posted on 05/02/2012 9:31:40 AM PDT by SeekAndFind
I would like to assess every elected representative who supported a stimulus and their children for their pro-rata share of the incremental debt they have placed upon our children. What does 1/535 of a $ Trillion look like?
Make this spending of other people’s money PERSONAL!
1) Technically there is no “Nobel Prize” in Economics.
2) Economics is a “hard science” in that it is essentially applied mathematics. The prime difference between Economics and the physical sciences is that in Economics we study, essentially, human behavior through prices, etc. and attempt to make predictions on that behavior. Math don’t work so good when humans are in the equation.
In regards to the article, Paul Krugman gives economists a bad name. I prefer Friedman.
‘End the Depression Now!’
Look around you. This is what a depression looks like.
Well, at least the ‘Progressives’ are recognizing that their efforts haven’t prevented a Depression at all. But the idiots will claim that they never spent enough in the first place.
I have no faith in the American Voter to do the right thing.
“Demand a Huge Stimulus Package” sounds like something that would be running on Cinemax between 1 and 4 A.M.
First time I've heard Austrian economics refered to as "right-wing bullying". If hundreds of billions in misallocated stimulus doesn't help the economy (actually hurts), why would anyone believe that low rates will help? Low rates suck capital away from long term investment.
And helicopter pilots are not "drivers".
Don't be too sure of that. Just remember that Obama's people liked Stimulus I and Son of Stimulus. There still are a lot of people with their hands out who missed out on "dat Obama money" the first time around and they vote, and vote, and vote...
We are $16 Trillion in debt and this wizard of smart says all our problems would be solved if only we spent more money?
Paul Krugman has been showing up on NBC and MSNBC more frequently pushing for more QE type funded spending stimulus. The other night prize winner P.K. was on Maddow and he pointed out how he has always been right (except predicting the crash and how the stimulus would work and lots of other stuff) .
Now they are claiming that it takes 10 to 15 years to recover from a crash like we had 2007 to 2009 and that only handing out lots MORE big money can save us (and when that runs out Paul?)
Have you ever noticed that according to these liberal economic experts like prize winner Krug, all the tried and true tested ways of fixing the economy meaning their economic theories (which they call facts) just happen to coincide with all the left’s social justice fairness objectives? All of them.
Take ‘Food stamps and unemployment comp is the most efficient way to create jobs’. That matches both exactly. How lucky is that?
They do create some jobs, like welfare caseworkers :)
And passing the Dream Act would create all kinds of interesting jobs, like teachers of Reconquista Studies (to satisfy the "educational requirements").
Below is an interesting chart that Dems are using showing changes in private sector job growth.
Here are a few simple calculations I can make that show how bads things are assuming this chart is even accurate. It shows job growth going positive about Feb 2010 and then bouncing around an average of about 150K jobs a month for 24 months.
150K times 24 months= 3.6 M jobs created
but during the same 2 year period the national debt increased by around $3T.
$ 3T divided by 3.6 million jobs= $833.0 K ($830,000) in increase in NEW national debt per NEW job.
In todays current political debate only the number of new jobs is counted (before the election) as a metric, not how much we all owe per job. It shows how superficial the debate is that the cost in new debt per new job is not consided relevent. This is like paying off your backlog of bills with those checks the credit card company sends you and then claiming you are moving 'forward' making progress.
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Ohaha had two major pieces of legislation which were supposed to fuel his reelection: (1) the trillion dollar stimulus which bombed, and, (2) the healthcare mandate which could soon be kaputski or partially disemboweled by the USSC.
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The 2012 Ohaha team are gonna use the 2008 Anita (Mao) Dunn strategy to manipulate voters, to downplay Ohaha's destructive policies ....and his scary plans for the next term. Dunn has said THEY and only THEY decided what the media should know about 2008 candidate Ohaha. The strategy is already in place---watch the Ohahas copping that "don't worry--we're harmless" attitude.
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Obama's open mic slip in Russia revealed his hidden agenda. He didnt say "after the election, or after the next election. He said: This is my last election" ....... reassuring the Ruskis that he'll then have "more flexibility after the election....
Clearly Ohaha's certainty WRT staying in offce is not based on his approval ratings or massive opposition to his cockamamie polices----mandated healthcare, trillion dollar stimulus, using aborted babies' brains in lab experiments, giving himself massive executive power over Americans, co-opting religious beliefs, $4-Plus gas, 16% real unemployment, trillion dollardeficits, escalating inflation at the supermarket, the GSA spending scandal......to name a few.
No. Ohaha's certainty stems from his knowledge that he will stay in office---not by the will of the people---but by buying his reelection, using unprecedented vote fraud.
FIRST AND FOREMOST----WE MUST ATTACK THE MASSIVE
VOTER FRAUD OHAHA INTENDS TO USE TO GET REELECTED.
Remember, voter fraud is the Chi/mobs' specialty---do NOT underestimate Rahm and Axelrod (both running O's reelection), and Valerie whatsherface in the WH.
Let us not forget----the minute they hit the WH, the Chi/mob went into action: the WH Chi/mob took over the census---and now have all the CV they need to file phony FEC reports using stolen federal dollars as campaign contributions.
THIS MADE ME LAUGH OUT LOUD Obama's ex-COS "Wall Street Rahm" "suddenly" discovered he wanted to be Chicago's mayor---the little turd went before the mics and announced his campaign "raised $10 million in just a few weeks." Rahm also controlled the US Treasury as COS. This turd-o-crat knows where all the stolen Federal money is hidden....Wall Street knows how to make money disappear faster than a cream puff at a Weight Watcher weigh-in.
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Do not underestimate the cash the Ohahas/Chi-mob can come up with to fix the election......remember, these are the kingpins of Chicago politics. At one time, conscientious FEC investigators verified money was coming from legal citizens....but if Obama wins there will be no investigations. Remember, there are billions unaccounted for in Obama's stimulus packages (probably used in the last election cycle).....you can be sure the Ohaha kingpins have tons of money stashed away for 2012.
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POINTS TO PONDER
<><> author Dean Koontz estimates there's about $90 billion missing from the US Treasury.
<><> Ohaha's ex-COS Chi/Mayor Rahm Emanuel is running the reelection campaign----b/c this Wall Street turd knows where all the money is hidden. Rahm also controlled all US Treasury assets (at Obama's behest) when he was COS.
<><>The Ohahas took control of the census upon taking office----they have all the necessary CV to phony up contribution reports for the FEC.
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WATCH FOR PHONY FEC REPORTS The Ohaha's "say" they added $45 million to reelection coffers in February.....raised jointly by the DNC, "Obama for America" and two other joint fundraising committees the "Obama Victory Fund" and the "Swing State Victory Fund,"...and whatever other voter frauds they dream up. ////JEFF HEAD All well said...and worth repeating. Not only have his signtures acts failed, they are destroying the country. Which of course is exaclty what they are meant to do. Obama is not an idiot or stupid. He knows exactly what he is doing and he is going about it with a will...to fundamentally change (read detroy) our Constitutional Republic. The man is... A Maxist ideolog who despises America http://www.jeffhead.com/obama-time.htm
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