Article

2015-06-07 Economy

Consumers Are Also to Blame for the Economy

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Posted by Bobby 2015-06-07 10:04|| || Front Page|| [1 views ] Top

#1 I probably mentioned this previously but if you look at the last severall recession recovers they have lasted longer and longer, regardless of the depth of the recession. I would argue That the weight of debt, regulation, bad policy.. Has slowed each and every recovery. Eventually there will be no recovery but a slow decline to default unless something drastic changes. Unfortunately kicking the can down the road is the usual policy and nothing drastic will change until catastrophe. When is the elusive prediction.

Posted by Airandee 2015-06-07 10:46|| 2015-06-07 10:46|| Front Page Top

#2 Let me get this right, he's blaming the consumer in a (sort of) market economy? Meanwhile, the middle class is shrinking and ~~the command economy~~ little dictates like Obamacare consume household incomes if you don't qualify as 'poor' and the government consumes more and more of the GDP.

As for managing the economy, the Fed was established to try to bring under control the periodic crashes (all too often driven by speculation) in the system. So we get fewer smaller crashes with bigger ones spread further apart, and a significant reduction in the amplitude of growth and recovery in each occurrence. Yep, that solved the problem. /sarc off.

Posted by Procopius2k 2015-06-07 11:00|| 2015-06-07 11:00|| Front Page Top

#3 The banking system exists to ~~transform the long-term, illiquid loans we want as borrowers into the short-term, liquid investments we want as savers.~~ enrich its insiders BIG TIME. All other stated reasons are simply to cover up the massive rent-seeking.
it's easy to generate contradictory demands as voters = there is no such thing as a free lunch
The voters of Illinois wrote into their constitution a profoundly stupid and destructive provision &c interpreted by the state supreme court in a straightforward manner.
That's what Milton Friedman defined Milton also advocated that there be no licensing of health care personnel, and that the market should sort this out - policies like these were actually tried in the 1800's and failed miserably. He is not always right.

Posted by Anguper Hupomosing9418 2015-06-07 12:07|| 2015-06-07 12:07|| Front Page Top

#4 #1 I would argue That the weight of debt, regulation, bad policy.

Bingo, we got a winner here. One could argue that all fall under bad policy, i.e. debt and over-regulation as well. Bailouts, crony capitalism, government bloat, Obamacare, providing subprime loans and quite a few other polices fall under bad policy as well.

Posted by JohnQC 2015-06-07 13:08|| 2015-06-07 13:08|| Front Page Top

#5 Clearly Govt-led, National + OWG Globalist Marxist-Commie pervasive-n-permanent poverty is the answer.

Posted by JosephMendiola 2015-06-07 22:39|| 2015-06-07 22:39|| Front Page Top

#6 It's either Joooooooos or big oil or both.

But a tiny part of me sez, QUIT YOUR DAMN BITHIN ABD GET TO WORK.

Posted by Shipman 2015-06-07 22:49|| 2015-06-07 22:49|| Front Page Top

#7 Unfortunately for the Global Commies theres no evidence as yet that they are or will be able to control the Global Islamists-Jihad.

MORE ANARCHY-N-CHAOS = "JUSTIFIED" BIG[GEST] GOVT. OR HIGHER = SECULARIST NEED FOR MORE ISLAMIST-LED VIOLENT JIHAD, ETC. IN ORDER TO EMPOWER THE ANARCHY-N-CHAOS WHICH WILL EMPOWER THE BIG[GEST] GOVT AND HIGHER.

Also good for empowering LEGAL SHARIA + OTHER in Amerika.

Iff that means putting their own Country + people at DE FACTO EXISTENTIAL RISK OF DESTRUCTION + ANNIHILATION, SO BE IT, CORRECT???

* CHARLES KRAUTHAMMER = "SAY IT WID ME AMERIKA, OOOOOOOPPPPPSSSS"!

Once again, Amerika, AHMED AL-BUNDY + CAMELS WANTS TO FEEL Amerika's + Commies' love for Islam!

Posted by JosephMendiola 2015-06-07 22:50|| 2015-06-07 22:50|| Front Page Top

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