tag:blogger.com,1999:blog-8571885563565623577.post1950209298602244657..comments2023-05-19T10:54:08.696-04:00Comments on New Conservative Generation: Obama Must Fail so that the Country Can Winconservative generationhttp://www.blogger.com/profile/10614578478747561732noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8571885563565623577.post-16459868239742609422009-06-07T20:14:24.128-04:002009-06-07T20:14:24.128-04:00I'm not makign a defense for either supply sid...I'm not makign a defense for either supply side or demand side economics. In supply side, it seemed more often than not, money was hoarded, and in demand side, the article seems to indicate that despite the intended effects of the stimulus appear to be working, people still aren't consuming.<br /><br />To answer your question, I do not agree with the article. I think consumption hasn&#The Lawhttps://www.blogger.com/profile/18232167775850895479noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-56042073238150594872009-06-06T09:25:28.795-04:002009-06-06T09:25:28.795-04:00CGen, awesome analysis and some really great comme...CGen, awesome analysis and some really great comments! You have an intelligent amnd observant readership I see. But let's get into the meat of the matters. <br /><br />"To achieve these goals, Obama’s stimulus needs to be quickly implemented, directed in a way that consumer spending is increased, and hopefully an increase in the rate of consumer spending will be a result."<br /><br Anonymoushttps://www.blogger.com/profile/05641734041332914764noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-55961043700055122792009-06-05T18:53:51.680-04:002009-06-05T18:53:51.680-04:00C-gen, I know I had been AWOL for a while, but it ...C-gen, I know I had been AWOL for a while, but it is the fishing season out here now and I need to fill my freezer before Bawney Fwank taxes the shit out of it.<br /><br />Related to your post on healthcare, http://news.bbc.co.uk/2/hi/health/8083684.stm , most disturbing paragraph for me <b> The Joint Committee on Vaccination and Immunisation, which advises the government, said in February that Devrimhttps://www.blogger.com/profile/08165021665570636765noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-83094735914915971862009-06-05T11:13:08.857-04:002009-06-05T11:13:08.857-04:00tL,
I'm not totally sure where you were going...tL,<br /><br />I'm not totally sure where you were going with your point. The article does say that incomes increased by the stimulus (that's is in fact what should happen) and that this increase has caused the spending rate to drop and savings to increase (this is not a good outcome for a demand-sided stimulus). In fact, what should happen if you want to stimulate the economy is that conservative generationhttps://www.blogger.com/profile/10614578478747561732noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-42855867249171627552009-06-05T10:26:44.785-04:002009-06-05T10:26:44.785-04:00C-gen as usual great post, especially that bleedin...C-gen as usual great post, especially that bleeding patient example.<br /><br />I believe the savings rate rose as people who are lucky enough to have jobs today are hunkering down for the day they'll loose their jobs. a 5.7% increase translates to almost double that number when you consider 10% of the population is unemployed and living off their savings. 10% is what economists say we shouldDevrimhttps://www.blogger.com/profile/08165021665570636765noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-24341197582074569642009-06-04T23:32:45.439-04:002009-06-04T23:32:45.439-04:00edit: paragraph 3, sentence 2
When *Bush* tried t...edit: paragraph 3, sentence 2<br /><br />When *Bush* tried to stimulate the economy...The Lawhttps://www.blogger.com/profile/18232167775850895479noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-26705433499895903722009-06-04T23:31:17.983-04:002009-06-04T23:31:17.983-04:00I think your analysis has a couple of issues here,...I think your analysis has a couple of issues here, because you are misplacing your blame for the saving:consuming ratio.<br /><br /><i>“The savings rate rose to 5.7 percent, spurred by an unexpected jump in incomes linked to the fiscal stimulus.”</i><br /><br />Now let us rewind back a few years. When tried to stimulate the economy, we got rebate checks in the mail. John McCain, Bobby Ginadal, The Lawhttps://www.blogger.com/profile/18232167775850895479noreply@blogger.comtag:blogger.com,1999:blog-8571885563565623577.post-42135419041839718832009-06-04T14:47:54.270-04:002009-06-04T14:47:54.270-04:00C Gen - Great points. Here's my two cents -
1...C Gen - Great points. Here's my two cents -<br /><br />1. - today's unemployment numbers show that we are getting close to 10%, the folks in the media know this, thus the positive spin on the economy lately.<br />2. - Keynesian policy <i>never works</i>, I would like to see anyone here point to an example that proves that it does. My examples? The Keynes-induced Nixon policies into the Left Coast Rebelhttps://www.blogger.com/profile/09292257205859285528noreply@blogger.com