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2010-08-11 Economy

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Posted by gorb 2010-08-11 00:45|| || Front Page|| [3 views ] Top

#1 Can't push a rope.

The only way to generate economic demand is to let people have and keep more of their money, so they will invest and spend it, and to get government out of the way and stop burdening the job creators with regulations and taxes like Obamacare.

They need to read Hayek and Hazlitt.

Posted by OldSpook 2010-08-11 01:02|| 2010-08-11 01:02|| Front Page Top

#2 I fear we are on the brink of an economic calamity the likes of which none of us has ever seen.

Posted by Besoeker 2010-08-11 01:10|| 2010-08-11 01:10|| Front Page Top

#3 ION BHARAT RAKSHAK > JAPAN'S SOCIO-ECONOMIC ORDER IS COLLAPSING | JAPAN'S ECONOMIC STAGNATION IS CREATING A NATION OF LOST YOUTHS.
espec Age 20-34.

* Few jobs.
* Job = likley only PT or Contract Temporary.
* Tendency to quit after short time of few months.
* Earn roughly 1/3 of what their Fathers did in salary.
* DECADE(S)-LONG PERIOD OF NATIONAL ECON STAGNATION WHIHC IS NOT LIKLEY TO END ANYTIME SOON.

Posted by JosephMendiola 2010-08-11 02:13|| 2010-08-11 02:13|| Front Page Top

#4 Democrats

versus

WMF > [David Stockman]NYT AMERICAN MEDIA: AMERICAN APOCALYPSE.HOW THE GOP DESTROYED THE US ECONOMY.

Posted by JosephMendiola 2010-08-11 02:59|| 2010-08-11 02:59|| Front Page Top

#5 #1 Oldspook

"They need to read Hayek and Hazlitt."

AH, OS, but that would entail, ultimately , a leftist admitting that they were wrong about something, and what are the odds of that happening?

Posted by no mo uro 2010-08-11 05:48|| 2010-08-11 05:48|| Front Page Top

#6 I fear we are on the brink of an economic calamity the likes of which none of us has ever seen.
We went over the brink about 3 years ago. We are now sliding down into the economic calamity. Smells like 1931-1932 all over again, from my reading of history & economics. The bailouts, stimulus and jive talk from financiers & politicians have slowed and obscured the slide downhill a little bit.

Posted by Anguper Hupomosing9418 2010-08-11 09:30|| 2010-08-11 09:30|| Front Page Top

#7 a leftist admitting that they were wrong about something, and what are the odds of that happening?

They'd rather drag us all into the pit of Hell before they do that.

To the last, I will grapple with thee... from Hell's heart, I stab at thee! For hate's sake, I spit my last breath at thee!

Posted by Procopius2k 2010-08-11 09:47|| 2010-08-11 09:47|| Front Page Top

#8 Populist class warfare rhetoric

Complete disregard for sound fiscal policy

Taxation

Hyperinflation

Argentina?

Nope, the U S of A.

Give it another six months and the money markets cannot hold the excess dollars without a drop in exchange rates. The only thing saving us from hyperinflation is the fact the banks that received the TARP money are not putting it out in the money supply. They are reinvesting it overseas with zero risk.

Posted by James Carville/Karl Rove 2010-08-11 12:42|| 2010-08-11 12:42|| Front Page Top

#9 This article and slideshow will help explan why the USA is repeating the mistakes of the past.

http://www.businessinsider.com/clips-from-great-depression-2010-6

Posted by airandee 2010-08-11 17:50|| 2010-08-11 17:50|| Front Page Top

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