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Seriously.
All you have is piss and vinegar.
You are way out in the weeds here..with things you don't understand.
Every single time conservative (fascist/theocratic) principles are applied to the US economy? It fails and miserably.
It leads to boom/bust, bailouts, recessions and depressions. Along with massive unemployment, poverty and a huge disparity between rich and poor.
Stick to what you know.
Playing a confederate soldier in your tea party re-enactments and configuring million dollar content switches to play pandora.
It's hard, if not impossible, to imagine a more miserable failure than the Obama economy of the last 6 years.
Further, for you to claim others lack understanding is beyond the pale. You have only what the whack-job leftist hate sites tell you, which of course is warmed over bullshit from that fraud Krugman. You imagine and claim this is Keynesian theory, but since you have never read Keynes, you post from a position of abject ignorance.
Also, what the FUCK are you babbling about with "confederate soldiers," retard?
Cowboy Action Shooting has NOTHING to do with Civil War reenactment. It's a shooting competition, retard - set in the 1880-90's - retard.
Then why is New York State offering tax free for 10 years for Businesses who move to the State?
Why did President Kennedy lower taxes?
Why are Businesses moving from California to Texas?
These are all conservative policies.
The boom/bust, bailouts, recessions and depressions. Along with massive unemployment, poverty and a huge disparity between rich and poor is because of both parties.
Irrespective of tax policy, the hate sites have sent the mindless drones out to spew idiocy about Quantitative Easing. The actions of Bernanke are highly unhealthy and follow NO school of thought. Krugman may cheer the idiocy, but the effects of these foolish policies are clear, the federal government is actively migrating assets from the middle, to the top, by using QE mechanisms to flood the DOW with capital. Those with disposable income to dabble in the market win, the rest lose. Even for the people who have 401K investments, the impact of devalued currency will far outstrip the gains made in portfolios. Obama has repaid well connected looters by rapidly increasing currency that goes straight into their pockets - at the expense of the rest of society.
Yellen is continuing the same policy as Bernanke.
The Federal Reserve is artificially keeping inflation down.
They both believe that high inflation causes prices go up, demand to go down; there is less money flow which may increase unemployment and then cause a whole lot of other problems including the higher payment on our debt.
It's going to be bad when inflation hits and high inflation on 17 Trillion will be mind boggling.
First off General Lee, I can think of much worse economies than Obama's.
Coolidge/Hoover's set the US up for the Great Depression.
Nixon's Stagflation.
Reagan's Voodoo economics (Which required massive government spending and bailouts).
And Bush II Reagan Redux.
Obama's economy as solid or even moreso, than Clinton's.
Now go dance around a Confederate flag, Rebel.
Irrespective of tax policy, the hate sites have sent the mindless drones out to spew idiocy about Quantitative Easing. The actions of Bernanke are highly unhealthy and follow NO school of thought. Krugman may cheer the idiocy, but the effects of these foolish policies are clear, the federal government is actively migrating assets from the middle, to the top, by using QE mechanisms to flood the DOW with capital. Those with disposable income to dabble in the market win, the rest lose. Even for the people who have 401K investments, the impact of devalued currency will far outstrip the gains made in portfolios. Obama has repaid well connected looters by rapidly increasing currency that goes straight into their pockets - at the expense of the rest of society.
Yellen is continuing the same policy as Bernanke.
The Federal Reserve is artificially keeping inflation down.
They both believe that high inflation causes prices go up, demand to go down; there is less money flow which may increase unemployment and then cause a whole lot of other problems including the higher payment on our debt.
It's going to be bad when inflation hits and high inflation on 17 Trillion will be mind boggling.
I believe that Yellen and Bernanke are more focused on interest rates. Loose capital to prime the lending markets. The problem is that capital is concentrated in the DOW, which does nothing to ease credit offerings.
I agree that the only way to absorb the debt is to devalue the assets held by Americans. Part of the strategy of transporting wealth is to ensure the impact is concentrated on the middle and that the well connected are shielded.
There's no printing of money that goes on.
Honest.
About 90% of new currency is electronic, but there is plenty of printing, Comrade. The free money the feds are giving to the DOW isn't printed, but plenty of paper currency is being made.
Comrade; John Maynard Keynes wrote; "In order for a stable currency to exist, chit must be introduced or removed at the rate of growth or decline." The Economic Consequences of the Peace by John Maynard Keynes, 1919. pp. 235.
What Keynes calls "chit," we call "fiat." The concept is the same, unbacked paper currency.
You are a partisan hack, you spew what you do to promote your shameful party, not to promote healthy economic ideas. But even Keynes, who you leftists imagine that you follow, (you don't, you follow that fraud Krugman) recognized that Quantitative Easing stimulates activity by freeing up currency lost to economic expansion - in simple terms, as an economy grows, a static pool of currency chases a growing pool of goods and services, which necessarily creates deflation. Further, a currency crunch forces interest rates to rise as availible currency to lend is scarce. Ergo, QE must be tied to the growth in GDP.
Several obvious issues with the Obama mess. QE has outstripped GDP growth by a dozen times over, creating inflationary pressure, that has burst through in the housing and food markets. Secondly, the Obama scheme has focused on introducing new currency in the stock markets, rather than in financial institutions, which does not create the incentive to lend, but instead inflates the portfolios of the most well to do.
Thus we have the economic mess that the nation suffers with.
Seriously.
All you have is piss and vinegar.
You are way out in the weeds here..with things you don't understand.
Every single time conservative (fascist/theocratic) principles are applied to the US economy? It fails and miserably.
It leads to boom/bust, bailouts, recessions and depressions. Along with massive unemployment, poverty and a huge disparity between rich and poor.
Stick to what you know.
Playing a confederate soldier in your tea party re-enactments and configuring million dollar content switches to play pandora.
say What?
http://finance.yahoo.com/news/feds-yellen-says-u-recovery-141229420.html
Yellen defends loose Fed policy, says job market still too weak.
Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are "completely gone."
Despite strong recent jobs reports and other signs of continuing recovery, Yellen emphasized in testimony to the Senate Banking Committee that she won't conclude the economy has recovered until wages start rising and discouraged workers return to the labor force.
Quantitative Easing = printing phoney money so the price of essentials will go up but wages won't.
If you need to know more then you probably wouldn't understand it anyway.
There's no printing of money that goes on.
Honest.
Quantitative Easing = printing phoney money so the price of essentials will go up but wages won't.
If you need to know more then you probably wouldn't understand it anyway.
There's no printing of money that goes on.
Honest.
Nearly $1.3 trillion in currency says you're wrong.
There's no printing of money that goes on.
Honest.
Nearly $1.3 trillion in currency says you're wrong.
Shallow thought he was being cute and clever, since most currency exists only in electronic form.
The cost of butter is up, 3.99 lb., never have I paid more.
Potatoes are 3.69 for ten pounds, up 40% from last year.
The cost of butter is up, 3.99 lb., never have I paid more.
Potatoes are 3.69 for ten pounds, up 40% from last year.
You're doing well.
Even crappy Russets are $5.99 for a 10 pound bag in California. The reds I like are at $5 for a 5 pound bag. Eggs are $3 a dozen - that's tripled since Obama took office. A freaking Watermellon is $7 for a small seedless, on sale.
Keep rooting for failure, because failure is what your good at.
In other words, you can't refute the -2.9% contraction of GDP....thanks for playing!
Since it's under Obuma's regime, it's OBUMA'S CONTRACTION!
Keep rooting for failure, because failure is what your good at.
In other words, you can't refute the -2.9% contraction of GDP....thanks for playing!
Since it's under Obuma's regime, it's OBUMA'S CONTRACTION!
No - I don't spin data. That is for lying ass-holes.
So far there has been no recession caused by Obama.
