No, Keynesian economics relies on government making up for aggregate demand lost by the business sector. While swifter action is better, there's no such requirement. Furthermore, even if there was, that wouldn't somehow disqualify the action as 'stimulus'.
No, Keynesian economics relies on government making up for aggregate demand lost by the business sector. While swifter action is better, there's no such requirement. Furthermore, even if there was, that wouldn't somehow disqualify the action as 'stimulus'.
OrByte
Diamond Member
- Jul 21, 2000
- 9,302
- 144
- 106
bridge, roads, ports, levees, those projects don't get estimated/advertised/bid/awarded/Environmentally processed/and implemented in anything less than 6 months.
Its these landscaping/sidewalks/overlay/signal light upgrade projects that are implemented quickly, which is why thats all you see right now on the recovery.gov site.
The money went exactly to the right areas, you just lack the understanding of the project infrastructure process, yet you have no problem making baseless and rash conclusions.
you do a good job of that.
edit: now it looks like republicans are hoping that Obama fails in the economy. what ever happened to the outrage over democrats hoping Bush failed in the Iraqi war?
partisan bullshit like this really is tiresome.
Which must be done while the economy is donw, if you wait 12-18 month to start spending money, that is probably to long. But it is exactly what is happening with this "stimulus" bill.
Actually what I complained about was Bush's TARGET of debt. Debt isn't a good thing obviously, but when it is created for tax cuts for the rich, I don't like that. When it is created for infrastructure and to counter a worldwide economic catastrophe, I'm ok with it. Pretty simple.
Clinton and Frank share a lot of blame too unless your memory is off.
Also, during Bush's tax cut, the unemployment rate is pretty low IIRC.
I am pretty sure you complained just as loudly about the size and well as how it was spent. How many threads were there about record deficits where any mention of debt to gdp, inflation were all ignored and crapped on by libs. Funny how things have changed.
Well feel free to go look up my past posts. I would be very surprised if you found a single one that mentioned debt without complaining about what it was going to.
I mean I've written a lot of crap here, so who knows there might be one, but if you look at the collection of my posts on the issue I have always been very clear. I hate going into debt to finance tax cuts for the ultra rich and needless/illegal foreign wars. This actually has far more to do with my dislike of pandering to the ultra rich and illegal foreign wars than it does debt to be honest.
But somehow you love record breaking debt to gdp ratio for spending that 12-18months to save the economy now. Makes perfect sense.
blackangst1
Lifer
- Feb 23, 2005
- 22,914
- 2,359
- 126
I don't know how that responded to the content of my post, but the answer to that is: pretty much, yeah.
working?:laugh:
Reality will come for the fanbois when its thier job thats cut.
I can just see the CEO's cruising the parking lot, looking for Obama bumper stickers.
Reality will come for the fanbois when its thier job thats cut.
I can just see the CEO's cruising the parking lot, looking for Obama bumper stickers.
GuitarDaddy
Lifer
- Nov 9, 2004
- 11,465
- 1
- 0
I love the double speak
On the dem's 2yr stimulus plan, repub's give it 4months and start screaming failure.
On the repub's 8yr war in Afghanistan it's a work in progress, stay the course.
The republicans arguments are so transparent and politally focused it comical.
Did they really expect a magic pill that would cure the worlds largest economy overnight?
Of course not, they are trying to play to the politically uneducated masses that want that pill so deperately
The repbublicans are constantly trying to draw comparisions between Obama and Hugo Chavez, but actually in these desperate times for the GOP their tactics far more closely align with Mr. Chavez's
On the dem's 2yr stimulus plan, repub's give it 4months and start screaming failure.
On the repub's 8yr war in Afghanistan it's a work in progress, stay the course.
The republicans arguments are so transparent and politally focused it comical.
Did they really expect a magic pill that would cure the worlds largest economy overnight?
Of course not, they are trying to play to the politically uneducated masses that want that pill so deperately
The repbublicans are constantly trying to draw comparisions between Obama and Hugo Chavez, but actually in these desperate times for the GOP their tactics far more closely align with Mr. Chavez's
blackangst1
Lifer
- Feb 23, 2005
- 22,914
- 2,359
- 126
Exactly how much "voice" did they have? How many Republican senators actually voted for the bill? How many Republican Congressmen voted for the bill?
Seems like a bit of a stretch to blame the performance of the stimulus bill on the Repubs when only 3 of them actually voted for it.
blackangst1
Lifer
- Feb 23, 2005
- 22,914
- 2,359
- 126
Originally posted by: soccerballtux
Hey, I thought you got banned? Good to see you back. How have milk prices been lately?
Milk farmers getting screwed.
They didn't see any extra profits from the $6 milk, now at sub $3 they are hurting pups.
It's all designed by the big corporations for control. Too bad joe blwo citizen doesn't see it and try to do anything about it.
Sounds about right to me. Republicans blamed Democrats for everything when they had full control for 6 years. Remember everything was Clinton's fault.
Hell some still say it's all Clinton's fault.
GuitarDaddy
Lifer
- Nov 9, 2004
- 11,465
- 1
- 0
And where is your proof that the 2yr plan isn't working? You have none, you just want to call the game in the 2nd inning and declare your team the winner.
When Obama got the stimulus passed he made very clear it was a two year plan, and that an economic turnaround would be a long a painful process, but since you didn't vote for him I quess you don't have to hold the man to his word but instead to your own misguided ideal of how quick the Administration could effect the economy.
The sad part is I don't believe your actually niave enough to think the economy could be turned around by any administration in 4 months, your just siezing at any oppurtunity to bash the current admin
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