What's an optimal level of government spending?

[Mina]

My education was paid for before you were born

The part you paid may have been, but as you'll remember, you had your hand out back then, and the part paid for by the government was financed with debt. That debt has never been paid down since then. Even if the particular bonds the government sold to pay for your education have long since been paid off, the money they spent paying them off came in part by selling new bonds, and so on, such that part of the cost of your education is still sitting in your debt, and coming out of the paychecks of working people like me. So, you're welcome.

You work for "a living" do ya? Doing what?

Financial consulting. How about you? Do you work for a living?

 

[Matt Dillon]

keynesians always are trying to sell inflation.

She claims to "work for a living"..doing what, exactly?


I reckon this bitch doesn't see how much less the food dollar stretches these days.

It affects me because I pay for food with cash, not EBT.

EBT motherfuckers get $350 for every $100 I spend.

 

[zymurgy]

Yeah, here's what you seem to be incapable of realizing: My education was paid for before you were born, and I deserved it because my grades were just that good.

You never contributed ary a thing to it, girl. That all happened before you were even conceived, ok?

You work for "a living" do ya? Doing what?

I worked for a living while I was going to school. Washing dishes and I had a bagboy job too.

That was for gas and book money. I lived at my own or a relative's residences.

I feel you. I paid for college as I went working a full time job at a meat packing plant - and spent summers also working on livestock farm.

I made huge sacrifices - while my friends had a blast, I did not!

 

[Truck Fump / h1b]

She claims to "work for a living"..doing what, exactly?


I reckon this bitch doesn't see how much less the food dollar stretches these days.

It affects me because I pay for food with cash, not EBT.

some people think propaganda is a real job.

 

[Mina]

keynesians always are trying to sell inflation.

I think Keynesians have a tendency to keep inflation in perspective, which really irritates monetarists and Austrian-school types who really want everyone to freak out over it.

For example, maybe the most famous Keynesian economist these days is Paul Krugman. He's not out there arguing that high inflation is a good thing. He admits that it isn't, and that the Fed is unfortunately going to have to cool off our economy to fight it. He even says we'll probably need higher unemployment rates to beat inflation. However, at the same time he argues the hyperventilation act on the right isn't warranted, either:

https://www.nytimes.com/2022/03/24/opinion/inflation-united-states-economy.html
https://www.nytimes.com/2022/04/12/opinion/inflation-consumer-prices.html

 

[Matt Dillon]

The part you paid may have been, but as you'll remember, you had your hand out back then, and the part paid for by the government was financed with debt. That debt has never been paid down since then. Even if the particular bonds the government sold to pay for your education have long since been paid off, the money they spent paying them off came in part by selling new bonds, and so on, such that part of the cost of your education is still sitting in your debt, and coming out of the paychecks of working people like me. So, you're welcome.



Financial consulting. How about you? Do you work for a living?

No, I work to do things good for people. I don't have to worry about the "for a living" part anymore.

I still work, but as far as "for a living", That's taken care of.

 

[Matt Dillon]

I feel you. I paid for college as I went working a full time job at a meat packing plant - and spent summers also working on livestock farm.

I made huge sacrifices - while my friends had a blast, I did not!

Oh! You know how it was!

 

[Mina]

She claims to "work for a living"..doing what, exactly?

I'm a consultant. I do financial analysis, mostly for large M&A deals and VC work.

I reckon this [lady] doesn't see how much less the food dollar stretches these days.

Well, I'll admit that with my paycheck, food costs just aren't a serious issue. However, I'm aware that for poorer people they are. The question is, what do we do to make food more affordable for the less fortunate. What ideas do you have?

By the way, you mentioned that you pay for food with cash. I'd recommend switching to a credit card. If you pay it off in full every month, that gives you the value of the "float" (the time value of money between when you run the charge and the last day you have to pay that statement balance before interest applies). Meanwhile, if you pick the right card, you can easily get 2% cash back on grocery purchases.

 

[Mina]

No, I work to do things good for people. I don't have to worry about the "for a living" part anymore.

I still work, but as far as "for a living", That's taken care of.

Yes, a lot of older people are in the same boat as you, living off the work of others.

 

[Matt Dillon]

The part you paid may have been, but as you'll remember, you had your hand out back then, and the part paid for by the government was financed with debt. That debt has never been paid down since then. Even if the particular bonds the government sold to pay for your education have long since been paid off, the money they spent paying them off came in part by selling new bonds, and so on, such that part of the cost of your education is still sitting in your debt, and coming out of the paychecks of working people like me. So, you're welcome.



Financial consulting. How about you? Do you work for a living?

Trust me, by now, any debt I incurred during college is wiped. They probably still owe me money. For that tutoring thing.

Wtf ever it is that you do has nothing to do with that.

Actually it was all paid for upfront in the 1st place, and are you 60+ years old?

I didn't have my hand out, the government offered to pay for my education. 4.0 or better? Yeah, good chance they'll pay for it.

I started getting UT brochures, biotch.

 

[Truck Fump / h1b]

I think Keynesians have a tendency to keep inflation in perspective, which really irritates monetarists and Austrian-school types who really want everyone to freak out over it.

For example, maybe the most famous Keynesian economist these days is Paul Krugman. He's not out there arguing that high inflation is a good thing. He admits that it isn't, and that the Fed is unfortunately going to have to cool off our economy to fight it. He even says we'll probably need higher unemployment rates to beat inflation. However, at the same time he argues the hyperventilation act on the right isn't warranted, either:

https://www.nytimes.com/2022/03/24/opinion/inflation-united-states-economy.html
https://www.nytimes.com/2022/04/12/opinion/inflation-consumer-prices.html

right. you call it perspective, i call it selling a lemon.

 

[Matt Dillon]

Yes, a lot of older people are in the same boat as you, living off the work of others.

I live off my own work, you stupid EBT recipient.

Social Security is not in the cards for me, and I am going to live with that as well.

 

[Concart]

How does that help people get jobs? America is not a welfare state, never has been.

Have you never heard the story of the 1st colonists? Real Americans don't want any handouts, they just want to be able to make it for themselves.

Wtf is this welfare handout bullshit you're pushing?

Fuck that! Take your ass out in the woods in the middle of nowhere in America and see how far that bullshit gets ya.

The next tree doesn't accept EBT cards, sorry. I wish the next Walmart cashier didn't, but that's a different story.

What is the government program with the highest growth multiplier? This is easy but I fully expect you have no clue.

 

[Concart]

I live off my own work, you stupid EBT recipient.

Social Security is not in the cards for me, and I am going to live with that as well.

Not in the cards? Why? Did you fail to report your income?

 

[zymurgy]

Not in the cards? Why? Did you fail to report your income?

maybe he works for the railroads

 

[Poor Richard Saunders]

aah - the 'ol unworkable angle. last vestige of those that can't debate

do I also pretend my gym membership fee is a tax and that without government, we can't build workout facilities?

You gym doesn't have to buy a strip of land from Cincinatti to Cleveland to build a workout facility. How do you propose you get 3,000 landowners to allow someone else to use their land for a road? I am curious how you will do this without proposing a government.

That is a lovely picture of you since you are the one proposing a libertarian approach.

 

[Matt Dillon]

What is the government program with the highest growth multiplier? This is easy but I fully expect you have no clue.

You are correct! I'm not too familiar with government programs, you?

The last government program I knew of was Pell grants, ok?>

 

[Matt Dillon]

Not in the cards? Why? Did you fail to report your income?

I've been self-employed for 30 years. Not working on the clock.

Not entitled to social Security, and that's OK.

I've made livings for myself and several people over decades and have no regrets.

I don't want anything from the government. I didn't pay in, and don't expect to get anything.. I can pay for my own retirement.

 

[zymurgy]

You gym doesn't have to buy a strip of land from Cincinatti to Cleveland to build a workout facility. How do you propose you get 3,000 landowners to allow someone else to use their land for a road? I am curious how you will do this without proposing a government.

That is a lovely picture of you since you are the one proposing a libertarian approach.

eminent domain requires no government spending - only government power over land rights (at market value paid by those using the roads)

any more sophomorics my child could reply to here poor poor tardo?

 

[Concart]

I've been self-employed for 30 years. Not working on the clock.

Not entitled to social Security, and that's OK.

So basically you're a criminal. Thanks for the admission.