I want inflation. I want debt. I want spending. It's the only way to get us booming!

First and foremost extremists like yourself from both sides of the aisle, need to stop dismissing people off who disagree with anything your side thinks, as the enemy. No dialogue will ever go past that childish nonsense. It “IS” the two party system in a nut shell that is perpetuating our demise at this point. It's exactly why nothing ever get's accomplished (well anything that is actually in the best interest of the nation and it‘s people anyway), and that is how the best government corporate money can buy is designed to work. This idiocy of playing both ends against the middle, allows the bribing of public officials and the courts to go on unnoticed.
　
　
We have a government that is completely corrupt, a system that is broken if you will, and if Old Man cannot distinguish between that and rationally discussing and pointing out the "real" problems that exist directly because of it, then he is part of the problem and if you are equally as blind and in such obvious denial, then you are no better than he is.

 

Seeing as the Austrians have predicted the economic state we're in it would seem you are incorrect... again.

 

If the citizenship fits...but not to fret...this is not a new thing globally.
Have another piece of apple pie Johnny...you'll feel better...

 

Another Subdermal Irony Post of the Day™ nominee.

You did not answer my question.

 

Agreed...absolutely.

This cometary brought to the good folks who are about to tank the US economy...

 

I certainly did. Both of them as a matter of fact. Maybe comprehension isn't one of your strong points??

 

I don't see any hyper inflation. Do you see hyper inflation? They didn't predict this then.

 

Perhaps you can explain what difference it makes if people have jobs or not, if those jobs are just going to be unproductive make-work jobs. If the purpose is to create spending, why not just hand out money? It would seem that it would be easier to just give money away rather than try to come up with ways for people to work so they have money to spend. Perhaps you can explain what properties of any given job are necessary to economic prosperity.

 

Hahummm......$1910/ounce. The snow ball is gaining speed.

However, it is effectively helping some Mexican suppliers as everyone wants to avoid logistics and currency risks.

 

So you like driving on bad roads?
Don't mind the rusty old bridges?
And hi speed trains...who needs 'em...?

Just out of curiosity...do you rattle...when you shake yer head?

 

That's funny. I thought that last stimulus was supposed to fix those problems, why did the majority of it instead go to backfill union pension coffers that were magically empty after the 2008 elections?

 

Where I live, a main road...not secondary road, is filled with deep potholes. It has been this way for several months now. It is dangerous to have drivers dodging these holes and it is damaging to the cars when they hit the holes, and soon the rains come and it just gets worse.

I would much prefer government welfare have some productivity attached, like filling these potholes and a million other similar examples across the USA, than for the government to simply hand out money so people can sit on their lazy asses making zero contributions to the nation.

It is complete stupidity for the government to pay people to sit on their asses, and at the same time, pay others to do work (like filling the potholes)! This means we are paying TWO people and getting only ONE person's productivity.

If this makes sense to you, then you need to do some more thinking...

 

I'm sure that you find yourself very amusing. You argued that we must have jobs. You did not provide specifics. I shall peg your sarcasm up to a desire to avoid the question I posed. Are you arguing that all jobs that you advocate for should be in those things which would create immediate wealth? I sincerely doubt that.

 

The advocates of stimulus advocate for jobs. When cornered, they'll talk about infrastructure, but they really don't care what jobs are done so long as people are working at something no matter how unproductive. I'm not against infrastructure work being done, since the government has claimed jurisdiction over it, though I'd note that not all infrastructure work is productive or wealth creating. Filling potholes has numerous advantages; building bridges to nowhere (or any other boondoggle, Republican or Democrat inspired) may put people to work but only damages the economy.

 

Well...yes I do find myself amusing...but that's not terribly difficult when those I debate with can't put 2 and 2 together and come up with 4.

INFRASTRUCTURE
TECHNOLOGY
ALTERNATE FUEL SOURCES
EDUCATION (BOY that's a biggie evidently...)

 

Considering the state of our economy and the debt this nation already owes, I think it's appropriate that folks start accepting some sacrifices. Yes, I think we can stand a few dirt roads.

We should spend money intelligently, not on new shiny bridges to now where and I think we should worry less about making our trains run faster than making out spending run slower.

 

A government stimulus to create jobs via government infrastructure projects will definitely create jobs and can be productive.

Building bridges to nowhere (which in fairness is very rare) is not the fault of the stimulus...it is the fault of the management of the stimulus. This is a separate discussion about how our president and Congress spend money...

 

Where do you get these strange ideas from?
Have you been listening to Glenn Beck again? Bad boy...

http://www.businessinsider.com/obamas-stimulus-spending-2010-9#

There's where the stimulus was spend. I don't see "Pay back unions" anywhere...perhaps yer wrong...just this one time...

 

How much you wanna bet that we see deflation before we see hyperinflation?

 

OK I'm not gonna explain the basics of macroeconomics yet again.
Fact is...job creation BY THE FEDERAL AND STATE GOVERNMENTS is what will bring your economy out of this malaise.

Don't agree...then look to the other nations that tried it and see for yourself. Hell...look to your OWN nation's economic history.

 

Change 'hyperinflation' to 'stagflation' and I'll take that bet in a minute.

US Inflation Rate Continues at 3.6%, Consumer Prices Jump 0.5% in July 2011

http://www.usinflationcalculator.co...onsumer-prices-jump-0-5-in-july-2011/1000904/

 

When a country is trying to 'printing money' it's way out of economic troubles...deflation is almost impossible (imo).

Because with every extra dollar you 'print' - you devalue the rest just that much more...and make everything just that much more expensive.

 

Job creation for job creations sake, employing people to do nothing more than spend money, does not make our nation more productive. All it does is distract people from solving the real problem in this country. Too many of our citizens consume more than they contribute and that weight is becoming unbearable.

America is operating at an accelerating deficit, if don't want that we need to consume less or produce more.

 

That's a fallacy.

 

I notice you like to claim facts as being false, yet don't offer any evidence that would prove otherwise.