Second stimulus?

The only bright side of keynesianism is that it shows in big bold letters what the agenda of the establishment is.

We will make money for these people, but not for those people.... etc.....


If you still believe after this bailout that this country is not run by a wallstreet/banking cartel, you just have your head in a toilet.
 
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AssHatZombie said:
Unemployment is a lagging indicator when banks are willing to finance local business. In this scenario banks are hoarding cash for the New World Order, and credit for small business and individuals is being shut off.
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Onceler said:
I love it when the "lagging indicator" thing is ridiculed as some lame excuse.

All I can do is laugh, literally. It's not worth trying to argue it.
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I love it when somebody suggests that a post with actual information and analysis in it is simply "ridicule"... it shows me that they are lacking information and have no reasonable argument.

First he agrees with you, then tells you when it should be considered a lagging indicator (what first indicators happen that it is lagging behind in other words), then explains why at this time it isn't just a "lagging indicator" but real numbers.
 
NigelTufnel said:
Actually, about 200 billion is set to be spent in FY2010 (which we are currently in) because the output gap was expected to last well beyond 2010.

Getting the entire amount out as soon as possible is a recipe for a very bad double dip recession. It would have been a terribly stupid thing to do.
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If getting money out to quickly would have a been a terrible thing to do what's with this the stimulus wasn't big enough argument?
 
Damocles said:
I love it when somebody suggests that a post with actual information and analysis in it is simply "ridicule"... it shows me that they are lacking information and have no reasonable argument.

First he agrees with you, then tells you when it should be considered a lagging indicator (what first indicators happen that it is lagging behind in other words), then explains why at this time it isn't just a "lagging indicator" but real numbers.
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I love it when someone incorrectly identifies the post I was responding to.

You should just lay off me for awhile; you're batting average is pretty low lately...
 
cawacko said:
If getting money out to quickly would have a been a terrible thing to do what's with this the stimulus wasn't big enough argument?
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You are conflating the question of "how much should we spend" with "when should we spend it" They are not the same thing.

Basically, knowing what we know now, the stimulus that is set to be spent in FY2010 is not enough to bridge the output gap that currently exists and is insufficient to achieve desired growth and job creation.
 
SmarterThanYou said:
lame assed excuse. wouldn't it have been much more economically sound to limit tarp to the minimum necessary before the output gap in order to keep the deficit small and let the market work its way out without a false sense of security?
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You are conflating the TARP with the stimulus. They aren't the same thing. And I really don't understand what it is you are saying here.
 
Onceler said:
I love it when someone incorrectly identifies the post I was responding to.

You should just lay off me for awhile; you're batting average is pretty low lately...
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Or you could quote it, your post was directly below his.

You should follow your own advice, you're like the kid in the song, the one who keeps missing the ball he's throwing up himself to hit and then he says, "I'm the greatest pitcher ever!"
 
Onceler said:
I love it when someone incorrectly identifies the post I was responding to.

You should just lay off me for awhile; you're batting average is pretty low lately...
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I want to hear again why you think the economy is doing so well. I'm a capitalist first, partisan second. I'm also basically unemployed in an industry that is in the shits right now with 2/3's of institutional office buildings potentially being underwater. So I'm not so partisan that I hope to be unemployed so I can try and blame Obama for my plight (sp?). What is so great that you are seeing?
 
cawacko said:
I want to hear again why you think the economy is doing so well. I'm a capitalist first, partisan second. I'm also basically unemployed in an industry that is in the shits right now with 2/3's of institutional office buildings potentially being underwater. So I'm not so partisan that I hope to be unemployed so I can try and blame Obama for my plight (sp?). What is so great that you are seeing?
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CRE is fucked.
 
Damocles said:
Or you could quote it, your post was directly below his.

You should follow your own advice, it's like the kid in the song, keeps missing the ball he's throwing up himself to hit and then he says, "I'm the greatest pitcher ever!"
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Or, you could just let other posters respond when I'm talking to them, and not you, instead of making an arse out of yourself.

Weren't you just saying the other day that I always "follow you around" and whining that I'm always implying you're a hack?

Mirror, meet Mr. Damo....
 
Onceler said:
Or, you could just let other posters respond when I'm talking to them, and not you, instead of making an arse out of yourself.

Weren't you just saying the other day that I always "follow you around" and whining that I'm always implying you're a hack?

Mirror, meet Mr. Damo....
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We like damo's buttinskyness, so shut up.
 
cawacko said:
I want to hear again why you think the economy is doing so well. I'm a capitalist first, partisan second. I'm also basically unemployed in an industry that is in the shits right now with 2/3's of institutional office buildings potentially being underwater. So I'm not so partisan that I hope to be unemployed so I can try and blame Obama for my plight (sp?). What is so great that you are seeing?
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But what do you do when capitalism morphs into fascism? ignore it?
 
cawacko said:
I want to hear again why you think the economy is doing so well. I'm a capitalist first, partisan second. I'm also basically unemployed in an industry that is in the shits right now with 2/3's of institutional office buildings potentially being underwater. So I'm not so partisan that I hope to be unemployed so I can try and blame Obama for my plight (sp?). What is so great that you are seeing?
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It isn't really that the economy is "great," because it isn't, at all, especially on the employment front, which is where it really matters, anyway.

As I've said, the indicators right now are much, much better than where I expected them to be at this point in the year. I was seriously concerned at the beginning of the year that we were in a downward spiral the likes of which we have not seen in our lifetimes, and that we might be looking at a very prolonged downturn.

The fact that many are saying we are now in recovery, and that new hires are being planned for the next few quarters, and the market is back in somewhat solid territory - it's all exceeded the expectations I had...
 
Would it not be the third? What about the one passed while Bush was a lame duck?
 
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