The reason the economy has still not recovered

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#1 Posted by Vuurk (6258 posts) -
Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability.
#2 Posted by ghoklebutter (19327 posts) -
Who's that dude in your avatar? I wonder if he's ok.
#3 Posted by dave123321 (33980 posts) -
Who's that dude in your avatar? I wonder if he's ok.ghoklebutter
friedrich von hayek
#4 Posted by Vuurk (6258 posts) -
Who's that dude in your avatar? I wonder if he's ok.ghoklebutter
Friedrich Von Hayek
#5 Posted by Vuurk (6258 posts) -
[QUOTE="ghoklebutter"]Who's that dude in your avatar? I wonder if he's ok.dave123321
friedrich von hayek

Youre my new fav user
#6 Posted by ghoklebutter (19327 posts) -
[QUOTE="dave123321"][QUOTE="ghoklebutter"]Who's that dude in your avatar? I wonder if he's ok.Vuurk
friedrich von hayek

Youre my new fav user

Everyone loves Dave
#7 Posted by Socialist696 (572 posts) -
All nations will fall just as they rise. Short term growth will make lives better, but not prevent impending collapse. Persia, Rome, Britain, China, all that were mighty and rich eventually fell due to overgrowth or changing times that they couldn't fend well in.
#8 Posted by Temesra (135 posts) -
Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. Vuurk
There no proof that Keynes even works . The last time US got out of this mess was do to war not Keynes .
#9 Posted by Vuurk (6258 posts) -
[QUOTE="Vuurk"]Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. Temesra
There no proof that Keynes even works . The last time US got out of this mess was do to war not Keynes .

Yes it was due to Keynes. We had to increase govt spending massively due to the war. This stimulated the economy and unemployment fell to almost nothing
#10 Posted by The-Apostle (12187 posts) -
[QUOTE="Temesra"][QUOTE="Vuurk"]Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. Vuurk
There no proof that Keynes even works . The last time US got out of this mess was do to war not Keynes .

Yes it was due to Keynes. We had to increase govt spending massively due to the war. This stimulated the economy and unemployment fell to almost nothing

Love your sig. :)
#11 Posted by Vuurk (6258 posts) -
[QUOTE="The-Apostle"][QUOTE="Vuurk"][QUOTE="Temesra"] There no proof that Keynes even works . The last time US got out of this mess was do to war not Keynes .

Yes it was due to Keynes. We had to increase govt spending massively due to the war. This stimulated the economy and unemployment fell to almost nothing

Love your sig. :)

Thank you. ;]
#12 Posted by Temesra (135 posts) -
[QUOTE="Temesra"][QUOTE="Vuurk"]Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. Vuurk
There no proof that Keynes even works . The last time US got out of this mess was do to war not Keynes .

Yes it was due to Keynes. We had to increase govt spending massively due to the war. This stimulated the economy and unemployment fell to almost nothing

There are many factors then than now don't forget the US had no competition has most countries where in ruins the US lead the manufacturing and industry . Also back than most work forces where base on white man than color people or girls working.Today the US has competition in a lot of counties and much of the manufacturing and industry in US has gone to China and India . Had the war gone on 90 year or more at one point or other people would be lining up with truck load of 100 dollar bills to by loaf of bread and the US and world currency would be worthless.
#13 Posted by Ace6301 (21389 posts) -
"satire is focused bitterness" When done well it's quality entertainment. When done poorly it betrays your own thoughts rather than those of the target.
#14 Posted by jimkabrhel (15417 posts) -

You are just full of sarcasm this morning. I hope everyone has their detectors going and don't see this as a change of philosophy.

#15 Posted by CycleOfViolence (3314 posts) -

Did Paul Krugman hijack your account Vuurk?

#16 Posted by pie-junior (2821 posts) -
sarcasm does not become you vuurk
#17 Posted by HoolaHoopMan (7775 posts) -
Your trolling and attempts at sarcasm really suck. Guess I should expect nothing less than someone who failed at TRYING to get himself banned.
#18 Posted by worlock77 (22547 posts) -

You should give up trying to troll Vuurk. You seriously f*cking suck at it.

#19 Posted by sonicare (53458 posts) -

Did Paul Krugman hijack your account Vuurk?

CycleOfViolence
No, Krugman hijacked the US's economy.
#20 Posted by Rapporteur (99 posts) -
Who's that dude in your avatar? I wonder if he's ok.ghoklebutter
no he's dead lol
#21 Posted by CycleOfViolence (3314 posts) -

[QUOTE="CycleOfViolence"]

Did Paul Krugman hijack your account Vuurk?

sonicare

No, Krugman hijacked the US's economy.

Boom

#22 Posted by SUD123456 (4441 posts) -

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

#23 Posted by DroidPhysX (17089 posts) -

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

SUD123456
dem econ classes do wonders
#24 Posted by dave123321 (33980 posts) -
I think we should cut spending
#25 Posted by champion837 (1447 posts) -
I wonder if people realized how hard the economy was hit, because outside of another stimulus (which is probably needed), it is going to take another 2 years or so before things to start going back to normal.
#26 Posted by Socialist696 (572 posts) -
When was a damn bag of chips like 2 bucks...
#27 Posted by Vuurk (6258 posts) -

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

SUD123456
Lol I love how people post this as a criticism no matter which side I take on an issue
#28 Posted by Vuurk (6258 posts) -
I think we should cut spendingdave123321
Don't be silly that will destroy the economy
#29 Posted by Vuurk (6258 posts) -
Not trolling. Many economists wound agree with what I'm saying
#30 Posted by mattbbpl (10591 posts) -
[QUOTE="SUD123456"]

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

Vuurk
Lol I love how people post this as a criticism no matter which side I take on an issue

Given that, doesn't it seem that the one constant exhibited when you receive that criticism is the economic knowledge you exhibit?

Either that, or your true stance was so transparent that it didn't fool anyone.
#31 Posted by Vuurk (6258 posts) -
[QUOTE="CycleOfViolence"]

Did Paul Krugman hijack your account Vuurk?

sonicare
No, Krugman hijacked the US's economy.

Bold accusation. Krugman is a Noble man with valuable insight.
#32 Posted by jimkabrhel (15417 posts) -

[QUOTE="SUD123456"]

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

Vuurk

Lol I love how people post this as a criticism no matter which side I take on an issue

You act like an expert, no matter what side you take. When are you not one. That's where the criticism comes from. Since you always revert to arrogance, the criticism subsequently gets worse.

#33 Posted by Vuurk (6258 posts) -

[QUOTE="Vuurk"][QUOTE="SUD123456"]

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

jimkabrhel

Lol I love how people post this as a criticism no matter which side I take on an issue

You act like an expert, no matter what side you take. When are you not one. That's where the criticism comes from. Since you always revert to arrogance, the criticism subsequently gets worse.

I've never claimed expertise
#34 Posted by GrayF0X786 (3850 posts) -

All nations will fall just as they rise. Short term growth will make lives better, but not prevent impending collapse. Persia, Rome, Britain, China, all that were mighty and rich eventually fell due to overgrowth or changing times that they couldn't fend well in.Socialist696

#35 Posted by leviathan91 (7763 posts) -

Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. Vuurk

You're in favor of eliminating the Bush tax cuts? Didn't know that.

Anyways, gotta love sarcasm.

#36 Posted by jimkabrhel (15417 posts) -

[QUOTE="Vuurk"]Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. leviathan91

You're in favor of eliminating the Bush tax cuts? Didn't know that.

Anyways, gotta love sarcasm.

How many people will come to this thread and not know it's sarcasm?

#37 Posted by LostProphetFLCL (17266 posts) -

I think it's because competition from China and under paid poor/middle class.

Vuurk, you're a sad sad man. Your youtube education doesn't make you knowledgeable.

#38 Posted by leviathan91 (7763 posts) -

[QUOTE="leviathan91"]

[QUOTE="Vuurk"]Our governments frugal spending is hurting the economy. Really the stimulus spending was not high enough. It needed to be much higher probably around 2 trillion rather than 800 billion. We need to extend the bush tax cuts and also increase spending. This will stimulate the economy. Sure it is going to raise our deficit drastically but we can just raise the debt ceiling as we've already done over 40 times. Anyways as Keynes said "in the long run were all dead" so we should focus on short term growth instead of long run prosperity and sustainability. jimkabrhel

You're in favor of eliminating the Bush tax cuts? Didn't know that.

Anyways, gotta love sarcasm.

How many people will come to this thread and not know it's sarcasm?

Considering his publicized political standing, you'd have to new. Or stupid...

Honestly though, I don't know what he (or the libertarian majority) thinks about the Bush tax cuts.

#39 Posted by mattbbpl (10591 posts) -

[QUOTE="jimkabrhel"]

[QUOTE="leviathan91"]

You're in favor of eliminating the Bush tax cuts? Didn't know that.

Anyways, gotta love sarcasm.

leviathan91

How many people will come to this thread and not know it's sarcasm?

Considering his publicized political standing, you'd have to new. Or stupid...

Honestly though, I don't know what he (or the libertarian majority) thinks about the Bush tax cuts.

My Libertarian buddies equate taxation to theft, so they want all taxation to cease except for military support which they advocate as a necessary evil.
#40 Posted by Dogswithguns (10737 posts) -
Not my problem.. this country is.
#41 Posted by harashawn (27599 posts) -
American Citizens need to spend more.
#42 Posted by MrPraline (21321 posts) -
We should just put Goldman Sachs in charge of everything, they only want what is best for us and our economy.
#43 Posted by SUD123456 (4441 posts) -

[QUOTE="SUD123456"]

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

Vuurk

Lol I love how people post this as a criticism no matter which side I take on an issue

Of course, it makes perfect sense because you have a child like understanding of the issues.

It doesn't matter what side you are on, because it is blatantly obvious that your understanding is superficial at best. This is exactly like a child that parrots back what his/her parents have told them. In your case, it is what a professor has told you or what you have read in an Econ 101 book.

My 3 year daughter can parrot back simplistictic concepts too..and she also genuinely believes that she understands things when she clearly has no true understanding. Happens all the time. And you are the OT poster boy for the same thing when it comes to these issues.

#44 Posted by CycleOfViolence (3314 posts) -

We should just put Goldman Sachs in charge of everything, they only want what is best for us and our economy.MrPraline

Blankfein 2016

#45 Posted by Socialist696 (572 posts) -

[QUOTE="Vuurk"][QUOTE="SUD123456"]

Yawn.

2nd year economics student with a superficial understanding of the economy is posting.

How insightful.

SUD123456

Lol I love how people post this as a criticism no matter which side I take on an issue

Of course, it makes perfect sense because you have a child like understanding of the issues.

It doesn't matter what side you are on, because it is blatantly obvious that your understanding is superficial at best. This is exactly like a child that parrots back what his/her parents have told them. In your case, it is what a professor has told you or what you have read in an Econ 101 book.

My 3 year daughter can parrot back simplistictic concepts too..and she also genuinely believes that she understands things when she clearly has no true understanding. Happens all the time. And you are the OT poster boy for the same thing when it comes to these issues.

lol
#46 Posted by Vuurk (6258 posts) -
[QUOTE="leviathan91"]

[QUOTE="jimkabrhel"]

How many people will come to this thread and not know it's sarcasm?

mattbbpl

Considering his publicized political standing, you'd have to new. Or stupid...

Honestly though, I don't know what he (or the libertarian majority) thinks about the Bush tax cuts.

My Libertarian buddies equate taxation to theft, so they want all taxation to cease except for military support which they advocate as a necessary evil.

I don't think that the majority of libertarians have that belief.
#47 Posted by SpartanMSU (3440 posts) -

We should just put Goldman Sachs in charge of everything, they only want what is best for us and our economy.MrPraline

Why do you hate Goldman so much? Not trying to be a d1ck or anything, just curious.

#48 Posted by ChelGirl86 (87 posts) -

There is an expert team of economists working on this problem as we speaking in D.C., but it's good to see that you have the answer. You should email them and let them know what needs to be done.

#49 Posted by Socialist696 (572 posts) -
There is an expert team of economists working on this problem as we speaking in D.C., but it's good to see that you have the answer. You should email them and them know what needs to be done.ChelGirl86
And to think I thought all this time the expert economists were just sitting around playing cards all day..
#50 Posted by Vuurk (6258 posts) -

There is an expert team of economists working on this problem as we speaking in D.C., but it's good to see that you have the answer. You should email them and let them know what needs to be done.

ChelGirl86
LOL! Listen to what you're saying. Was it this same team of expert economists who failed to foresee the financial crisis? Can you tell me the name of same of these economists who are on this expert team?