Giant debt? No, duped AGAIN! Japan's 4x as big...

[vonnie6200]

Apr 4, 2011 19:25:29 GMT -5 @rockeeraccoon said:

People who listen to high school grad philosophers are soooo smart!! Most arrogant, deluded, RACIST, fundamentalist, fear mongered, regressive party in the modern world. Here's more from the delusional nut Krugman, who's been right about everything for years while your heroes have given us a depression and idiotic wars, and have now damaged the recovery for political gain only. You would be hilarious is you weren't so tragic:

"It's too bad, then, that these days you're not considered serious in Washington unless you profess allegiance to the same doctrine that's failing so dismally in Europe.
It was not always thus. Two years ago, faced with soaring unemployment and large budget deficits -- both the consequences of a severe financial crisis -- most advanced-country leaders seemingly understood that the problems had to be tackled in sequence, with an immediate focus on creating jobs combined with a long-run strategy of deficit reduction.
Why not slash deficits immediately? Because tax increases and cuts in government spending would depress economies further, worsening unemployment. And cutting spending in a deeply depressed economy is largely self-defeating even in purely fiscal terms: any savings achieved at the front end are partly offset by lower revenue, as the economy shrinks.
So jobs now, deficits later was and is the right strategy. Unfortunately, it's a strategy that has been abandoned in the face of phantom risks and delusional hopes. On one side, we're constantly told that if we don't slash spending immediately we'll end up just like Greece, unable to borrow except at exorbitant interest rates. On the other, we're told not to worry about the impact of spending cuts on jobs because fiscal austerity will actually create jobs by raising confidence.
How's that story working out so far?
Self-styled deficit hawks have been crying wolf over U.S. interest rates more or less continuously since the financial crisis began to ease, taking every uptick in rates as a sign that markets were turning on America. But the truth is that rates have fluctuated, not with debt fears, but with rising and falling hope for economic recovery. "

Keep praying to the "confidence fairy". And try to remember, WWII had nothing to do with the end of the depression. It was Taft-Hartley. Unbelievable...

Well aren't you a breath of fresh air.

[rockeeraccoon]

As always, those with inch deep knowledge immediately resort to stupid insults. It's the 20% loudmouth vote, always a republican lock...LOL!!

Just ask the Irish, whose government -- having taken on an unsustainable debt burden by trying to bail out runaway banks -- tried to reassure markets by imposing savage austerity measures on ordinary citizens. The same people urging spending cuts on America cheered. ''Ireland offers an admirable lesson in fiscal responsibility,'' declared Alan Reynolds of the Cato Institute, who said that the spending cuts had removed fears over Irish solvency and predicted rapid economic recovery.
That was in June 2009. Since then, the interest rate on Irish debt has doubled; Ireland's unemployment rate now stands at 13.5 percent.
And then there's the British experience. Like America, Britain is still perceived as solvent by financial markets, giving it room to pursue a strategy of jobs first, deficits later. But the government of Prime Minister David Cameron chose instead to move to immediate, unforced austerity, in the belief that private spending would more than make up for the government's pullback. As I like to put it, the Cameron plan was based on belief that the confidence fairy would make everything all right.
But she hasn't: British growth has stalled, and the government has marked up its deficit projections as a result.
Which brings me back to what passes for budget debate in Washington these days.
A serious fiscal plan for America would address the long-run drivers of spending, above all health care costs, and it would almost certainly include some kind of tax increase. But we're not serious: any talk of using Medicare funds effectively is met with shrieks of ''death panels,'' and the official G.O.P. position -- barely challenged by Democrats -- appears to be that nobody should ever pay higher taxes. Instead, all the talk is about short-run spending cuts.
In short, we have a political climate in which self-styled deficit hawks want to punish the unemployed even as they oppose any action that would address our long-run budget problems. And here's what we know from experience abroad: The confidence fairy won't save us from the consequences of our folly.


Any argument beside "The Sky is falling"? Nope! At any rate your 20% and the knee jerk pubs adds up to an Obama win in 2012. Thank God.

[burnsattornincan]

So jobs now, deficits later was and is the right strategy.

Jobs? What "jobs" are you talking about? The fake government stimulus jobs? It must be from what I can gather from your ramble. You do know what it takes to create real jobs, don't you? In case you don't... lower corporate taxes and regulations, less powerful or no unions, no pc policies such as affirmative action... you know, stuff like that. Kind of sounds like the business environment in China doesn't it?

[rockeeraccoon]

Sounds like how Pubs started this depression. They like to blame everything on the gay guy and the black guy, but it was the Pubs who deregulated and stopped enforcing mortgage rules. Dems got mortgages for the worthy poor. Pubs got them for ANYONE, then bundled and insured them with AIG, and sold them to other banks. Same as they ALWAYS DO, fraud, boom, and BUST. Better slow and steady, and honest. Pubs have been doing this, screwing the workers, and starting stupid wars for 140 years...

[verrip1]

Apr 4, 2011 20:41:22 GMT -5 @rockeeraccoon said:

Sounds like how Pubs started this depression. They like to blame everything on the gay guy and the black guy, but it was the Pubs who deregulated and stopped enforcing mortgage rules. Dems got mortgages for the worthy poor. Pubs got them for ANYONE, then bundled and insured them with AIG, and sold them to other banks. Same as they ALWAYS DO, fraud, boom, and BUST. Better slow and steady, and honest. Pubs have been doing this, screwing the workers, and starting stupid wars for 140 years...

Let me guess whose IP is almost the exact same as yours .....

lololol.

[rockeeraccoon]

What's funny is you people have nothing, and keep laughing. Hollow laughter, and tragic for the country. Pub dupes!! Salt of the earth chumps of the greedy rich.LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOOLOLOLOLOLOLOLOLOLOOOOLLLLLLLOOLLLLLL D

“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.” That, according to Herbert Hoover, was the advice he received from Andrew Mellon, the Treasury secretary, as America plunged into depression. To be fair, there’s some question about whether Mellon actually said that; all we have is Hoover’s version, written many years later. But one thing is clear: Mellon-style liquidationism is now the official doctrine of the G.O.P.
Two weeks ago, Republican staff at the Congressional Joint Economic Committee released a report, “Spend Less, Owe Less, Grow the Economy,” that argued that slashing government spending and employment in the face of a deeply depressed economy would actually create jobs. In part, they invoked the aid of the confidence fairy; more on that in a minute. But the leading argument was pure Mellon.
Here’s the report’s explanation of how layoffs would create jobs: “A smaller government work force increases the available supply of educated, skilled workers for private firms, thus lowering labor costs.” Dropping the euphemisms, what this says is that by increasing unemployment, particularly of “educated, skilled workers” — in case you’re wondering, that mainly means schoolteachers — we can drive down wages, which would encourage hiring.
There is, if you think about it, an immediate logical problem here: Republicans are saying that job destruction leads to lower wages, which leads to job creation. But won’t this job creation lead to higher wages, which leads to job destruction, which leads to ...? I need some aspirin."

Have some gossip... Hooverites

[Mad Dawg Wiccan]

Apr 4, 2011 20:41:22 GMT -5 @rockeeraccoon said:

Pubs have been doing this, screwing the workers, and starting stupid wars for 140 years...

[/img][/quote]


[size=2]Pubs have been doing this, screwing the workers, and starting stupid wars for 140 years... [/size]


WWI - Started by Woodrow "Progressive" Wilson, Democrat.
WWII - Started by Franklin "'D' for Deficit Spending" Roosevelt, Democrat.
Korean Conflict - Started by Harry "'S' for nothing" Truman, Democrat.
Viet Nam - First US Military Personnel "Advisors" sent by Harry Truman, Democrat. Involvement increased by JFK, Democrat. Increased by a massive scale by LBJ, Democrat.



A basic history class can be your friend.

ETA: March 2011, B-Ho strikes Libya without consulting Congress.

[rockeeraccoon]

I have a masters and a half. Pubs ran the Spanish American War on lies, Nixon had a secret plan (to get elected), Raygun cut and ran from Lebanon- more Pub mistakes and disgraces were Iran 1953, Honduras, Nicaragua 1920's, 1980's, Chile 1973, Iraq 1990 (gave away Kuwait) 2003, abandoned Afghan 1989,2003- and on and on. Isolationists ruined treaty of Versailles and the League, pubs started Great Depression that gave Hitler and Japanese militarists their start, then let them run wild. Covert coward greedy chickenhawk myopic arrogant xenophobic disastrous good for nothing liars and their silly dupes...who no doubt will have many stupid insults and gossip in return. Quite the microcosm...

[burnsattornincan]

Here’s the report’s explanation of how layoffs would create jobs: “A smaller government work force increases the available supply of educated, skilled workers for private firms, thus lowering labor costs.” Dropping the euphemisms, what this says is that by increasing unemployment, particularly of “educated, skilled workers”

So because there are no private sector jobs for these "skilled" workers, the government should hire them and pay them what they think they should be earning? Do you know how long following that practice it would take to bankrupt a country?

Here is the deal. The government should create the best possible climate for job creation, like I said above. If there are still people unemployed then there are just too many people. Reduce immigration.

[ed1066]

Most arrogant, deluded, RACIST, fundamentalist, fear mongered, regressive party in the modern world.

I agree, the Democrats suck! But we're stuck with them, at least for now. Exercise your rights at the ballot box and maybe together we can CHANGE the country!

[rockeeraccoon]

[Mad Dawg Wiccan]

Apr 4, 2011 21:27:32 GMT -5 @rockeeraccoon said:

I have a masters and a half. Pubs ran the Spanish American War on lies, Nixon had a secret plan (to get elected), Raygun cut and ran from Lebanon- more Pub mistakes and disgraces were Iran 1953, Honduras, Nicaragua 1920's, 1980's, Chile 1973, Iraq 1990 (gave away Kuwait) 2003, abandoned Afghan 1989,2003- and on and on. Isolationists ruined treaty of Versailles and the League, pubs started Great Depression that gave Hitler and Japanese militarists their start, then let them run wild. Covert coward greedy chickenhawk myopic arrogant xenophobic disastrous good for nothing liars and their silly dupes...who no doubt will have many stupid insults and gossip in return. Quite the microcosm...

So, please compare me the US Military casualities of military actions started by Dems as compared to Pubs and provide links to back your claims?

[ed1066]

Apr 4, 2011 21:37:04 GMT -5 @rockeeraccoon said:

A little knowledge is a dangerous thing- and the greedy myopic Pubs and their dittohead dupes have been causing untold misery for over a century, since Grant, indeed.
Some revisionists think the Pubs under Lincoln didn't mind a civil war to get control of the military industrial complex, that the slave culture was doomed anyway. But you high school philosophers are too smart for me and the Nobel Prize winners, and the rest of the modern world.
Don't mind the elephant in the room... insult, gossip, and censor away!!

Well, that didn't last long...

[Mad Dawg Wiccan]

<<A little knowledge is a dangerous thing->>


Especially when the teacher is a liberal.

[vonnie6200]

Apr 4, 2011 21:44:05 GMT -5 Mad Dawg Wiccan said:

<<A little knowledge is a dangerous thing->>


Especially when the teacher is a liberal.

[rockeeraccoon]

This message has been deleted.

[rockeeraccoon]

This message has been deleted.

[rockeeraccoon]

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[fairlycrazy23]

Hopefully all the gloom and doom about debt is overblown, because we just spent 10x revenue for the month of march:

www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=11033100.pdf

Tax deposits of 194billion - 87billion refunds = 107billion
vs
1118billion in outlays