Imagine a republican controlled...

[blankslate]

From the guy who claims Obama's debt is smart debt because we're in a depression.

Are we talking about the debt or deficit?

A Nation with a good economy would still carry some debt. Issuing bonds to get funding for some public projects (as an example infrastructure investments and improvements) would be an example of debt that is not explicitly bad. Of course we have a very large Federal Debt that is very concerning.


http://www.factcheck.org/2014/04/obamas-numbers-april-2014-update/

The president is fond of saying he’s cut the federal deficit in half. That’s true as far as it goes. But it’s also a fact that the federal debt has just about exactly doubled since he took office.

For President Obama this is a rather upside downside equation. He probably would have cut some spending and increased other spending but it is arguable (imho) how much the deficit would have been cut without influence from opposing parties.

Remember there spending that is pretty much decided for presidents before they assume office and spending that they initiate themselves.


....

 

[werepossum]

Are we talking about the debt or deficit?

A Nation with a good economy would still carry some debt. Issuing bonds to get funding for some public projects (as an example infrastructure investments and improvements) would be an example of debt that is not explicitly bad. Of course we have a very large Federal Debt that is very concerning.

http://www.factcheck.org/2014/04/obamas-numbers-april-2014-update/

For President Obama this is a rather upside downside equation. He probably would have cut some spending and increased other spending but it is arguable (imho) how much the deficit would have been cut without influence from opposing parties.

Remember there spending that is pretty much decided for presidents before they assume office and spending that they initiate themselves.


....

I don't disagree that bond debt for a sensible project would be good debt IFF the entity taking it on is otherwise fiscally sound. I only objected to that idiot stating that debt under Obama is good debt because we're in a depression. Even from Eskimospy that's too stupid to let go unchallenged.

For the record, I don't think there is a huge difference in debt between parties. The Pubbies were great between 1995 & 2001, but as soon as they had a Republican President they began to spend like, well, Democrats. makes me think those years were outliers mainly caused by voting in so many people new to D.C. Mostly it's just swapping between military spending and giveaways or tax cuts and giveaways, not reducing the amount. We've seen more pressure to spend from Obama and more pressure to slow spending from the GOP, but not enough to convince me that the two parties are fundamentally different. I suspect that with a President Romney or McCain, we'd be arguing over a $400 billion deficit rather than a $500 billion deficit, and while if we must go off a cliff I'm in favor of reaching it as late as possible, I'm still looking for the "not go off cliff" option.

 

[fskimospy]

lol Yeah - MY frequent dishonesty. From the guy who claims Obama's debt is smart debt because we're in a depression.

Hey if you don't like my position then take it up with the IMF, the Fed, and economists all over the world. (Also you can try and take it up with the data, as the results are clear)

It's getting funnier and funnier to watch you call economics stupid. You're just exposing your own ignorance. Or putting on another display of your repeated problems with the truth, I suppose.

 

[HomerJS]

I am 46 years old.

obama is the absolute worst president I have seen or remember.

I just "thought" clinton was bad.




Clinton signed gatt and nafta, which enabled the tidal wave of jobs to leave the US.

obama has done nothing to improve the economy. What jobs have been created are in the low wage sectors.

So NAFTA which we still have is responsible for US losing 800K jobs/month then not the economic meltdown???

 

[fskimospy]

I don't disagree that bond debt for a sensible project would be good debt IFF the entity taking it on is otherwise fiscally sound. I only objected to that idiot stating that debt under Obama is good debt because we're in a depression. Even from Eskimospy that's too stupid to let go unchallenged.

http://www.imf.org/external/pubs/ft/wp/2013/wp1301.pdf

This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, stronger planned fiscal consolidation has been associated with lower growth than expected, with the relation being particularly strong, both statistically and economically, early in the crisis. A natural interpretation is that fiscal multipliers were substantially higher than implicitly assumed by forecasters. The weaker relation in more recent years may reflect in part learning by forecasters and in part smaller multipliers than in the early years of the crisis.

Fiscal multiplier above 1 = good debt. Im going to give you the chance to admit you didn't know what you were talking about and stop digging a deeper hole now. I doubt you'll take the opportunity.

 

[werepossum]

Hey if you don't like my position then take it up with the IMF, the Fed, and economists all over the world. (Also you can try and take it up with the data, as the results are clear)

It's getting funnier and funnier to watch you call economics stupid. You're just exposing your own ignorance. Or putting on another display of your repeated problems with the truth, I suppose.

Anyone else want to go on record as saying that we're in a depression? Remember, the voices in Eskimospy's head are unanimous on this, and by not agreeing with him you're risking his foamy wrath and well-reasoned contempt of everything and everyone not marching in lockstep with whatever insanity he professes to believe at any given moment.

As a bonus, anyone signing up for this depression today automatically gets credit for believing that Obama isn't actually playing golf, he's secretly flying out into outer space and using his mindpower to destroy Earth-killing asteroids bound to wipe out life as we know it.

 

[fskimospy]

Anyone else want to go on record as saying that we're in a depression? Remember, the voices in Eskimospy's head are unanimous on this, and by not agreeing with him you're risking his foamy wrath and well-reasoned contempt of everything and everyone not marching in lockstep with whatever insanity he professes to believe at any given moment.

As a bonus, anyone signing up for this depression today automatically gets credit for believing that Obama isn't actually playing golf, he's secretly flying out into outer space and using his mindpower to destroy Earth-killing asteroids bound to wipe out life as we know it.

Ooh, do I detect the beginnings of the weasel attempt I described a few posts earlier?

Between Team Dumb and Team Liar it looks like Team Liar might be slightly favored.

 

[IGBT]

Fixed that for you.

It is also not your father's or mother's Republican party.


....

there's nothing democratic about today's democrat party. They are the czars of our time. A party of grievance mongering despots.

 

[Jaskalas]

I don't see it that way. Republicans are now required to get something done.

Filibuster. If the Democrats want, nothing will get done. Least this way they'll have to vote on obstruction instead of letting Reid sweep legislation under the rug.

 

[werepossum]

http://www.imf.org/external/pubs/ft/wp/2013/wp1301.pdf

Fiscal multiplier above 1 = good debt. Im going to give you the chance to admit you didn't know what you were talking about and stop digging a deeper hole now. I doubt you'll take the opportunity.

Much as I appreciation the invitation, I will not be boarding the fail train with you. I can't make it past the "Your IQ must be this low to board the fail train" sign. But thanks for playing.

Gotta love proggies - even in the worst of times they provide much-needed comic relief.

 

[werepossum]

Ooh, do I detect the beginnings of the weasel attempt I described a few posts earlier?

Between Team Dumb and Team Liar it looks like Team Liar might be slightly favored.

Nope, just more mocking.

Hint: Your therapist didn't say WE were in depression, he said YOU were in depression.

 

[doubledeluxe]

there's nothing democratic about today's democrat party. They are the czars of our time. A party of grievance mongering despots.

I find these kinds of responses immature. You clearly do not even know what a Czar or despotism is.

 

[glenn1]

I have to say that war under Obama is MASSIVELY less than that under bush by any reasonable measure. Less money, fewer troops committed, fewer casualties on both sides.

Additionally, there is smart debt and there is dumb debt. Running up debts during a depression is smart. Running up debts during an economic expansion is foolish. Sure the OP would probably post the same thing even if these things weren't the case, but there is a pretty huge distinction to be drawn.

If so then why do you persist to continue to insist on additional stimulus since by government metrics we've been in an expansion for dozens of months? Are you the self-described fool you indicated you are in your post considering your evergreen position seems to be spend now, spend later, spend forever? Have you ever been intellectually honest with yourself for a single second in your life?

 

[fskimospy]

Much as I appreciation the invitation, I will not be boarding the fail train with you. I can't make it past the "Your IQ must be this low to board the fail train" sign. But thanks for playing.

Gotta love proggies - even in the worst of times they provide much-needed comic relief.

Haha, never change, werepossum. It's always amusing to watch you embarrass yourself like this.

Math is hard, I know. It's probably a proggie conspiracy anyway, as real math would always tell you what you want to believe.

 

[fskimospy]

If so then why do you persist to continue to insist on additional stimulus since by government metrics we've been in an expansion for dozens of months? Are you the self-described fool you indicated you are in your post considering your evergreen position seems to be spend now, spend later, spend forever? Have you ever been intellectually honest with yourself for a single second in your life?

It seems odd to dishonestly characterize someone's position and then accuse them of dishonesty based on your own dishonest characterization.

We have discussed this many times. If you read what I wrote then you would know that's not my position.

 

[blankslate]

there's nothing democratic about today's democrat party.

It's called the Democratic party... I'm not using some malformation of the Republican Party's name. As a rule, I'd rather not do that for proper names of parties or elected officials because not using their proper names and titles does encourage disrespect imo. But it's an individual choice.

I'd argue that the Republican party is very much like the what you stated in regards to the Democratic party.

Except that they focus grievances against the poor who are "all looking for a way to game the system" and "never ever ever I mean never" caught in a bad situation by a downturn in the economy despite actually working or looking for work.

....

 

[piasabird]

There are not that many conservative republicans. Most republicans are progressive big government republicans. The country is so messed up at the present that the people on the public dole are the majority. I think if you passed out a place to stay and free MJ they would not have much left to complain about. Now that would be an interesting agenda. The Stoner Party.

 

[BoberFett]

There are not that many conservative republicans. Most republicans are progressive big government republicans. The country is so messed up at the present that the people on the public dole are the majority. I think if you passed out a place to stay and free MJ they would not have much left to complain about. Now that would be an interesting agenda. The Stoner Party.

Ahem. We're called the Libertarian Party.

 

[MongGrel]

I am 46 years old.

obama is the absolute worst president I have seen or remember.

I just "thought" clinton was bad.




Clinton signed gatt and nafta, which enabled the tidal wave of jobs to leave the US.

obama has done nothing to improve the economy. What jobs have been created are in the low wage sectors.

NM.

 

[werepossum]

Haha, never change, werepossum. It's always amusing to watch you embarrass yourself like this.

Math is hard, I know. It's probably a proggie conspiracy anyway, as real math would always tell you what you want to believe.

LOL Yeah, "math". That's what it is. We're in a depression because, um, math!

So far you seem to be a depression cult of one. But hey, with the voices in your head you'll never be lonely.

 

[Newell Steamer]

If that is what the country wants - so be it.

The GOP has stopped using words and phrases like 'legitimate rape' and 'binders of women',.. so, maybe they really have tuned into their sensible side??

But, I remain doubtful - since I suspect they just want to get elected, and then it's back to the usual fearmongering sensationalisation and vilification of everything they fear (which is everything).

 

[BoberFett]

If that is what the country wants - so be it.

The GOP has stopped using words and phrases like 'legitimate rape' and 'binders of women',.. so, maybe they really have tuned into their sensible side??

But, I remain doubtful - since I suspect they just want to get elected, and then it's back to the usual fearmongering sensationalisation and vilification of everything they fear (which is everything).

Meh, Republicans haven't changed, they're still idiots. Impotent idiots for the most part, unfortunately when they do get some of their stupidity through we get colossal fuckups like Iraq.

Sadly, Democrats really aren't that much different. They just have better PR.

 

[Victorian Gray]

Flying planes into buildings had nothing to do with the wars you mention?

Need I remind you the nation wanted blood for what happened on 9/11.

So you went to war against a country that had nothing to do with it. Cool.

 

[Moonbeam]

LOL Yeah, "math". That's what it is. We're in a depression because, um, math!

So far you seem to be a depression cult of one. But hey, with the voices in your head you'll never be lonely.

How odd. When I read eskimo, I hear a bright trained logical mind informed by a lot of education.

 

[TheSlamma]

I prefer to imagine indy's running all 4, only cause I like to imagine a world where things improve. As long as it's D's and R's this place will continue to get worse.

Obama has been a joke with his appointments. Doesn't take anyone externally to make that loser look bad.