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well, no matter how you figure, THIS AINT IT
you're gonna PULL the stimulus after you see "significant job creation?"
like 8.9%?
obama promised we'd never top 8
you blame 300,000 foreclosures per month for 11 months on realtytrac?
LOL!
tarp and chrysler and the stimulus (which obama can't call a stimulus anymore) worked so well, heaven knows how far under we'd be without em?
but the BIG question---how could our economy have collapsed so despite the decades in place of all those keynesian macro stabilizers?
Do you mean actual which is 17% or Obama's cooked book figure of 9.7%
Shouldn't you statement say below 8% which is what Obama said he would not go over?
Did U6 (the number you seem all to happy to site) not fall in accordance as well?
nonsense, doctor
if those coherent macro stabilization policies actually worked, we wouldn't be HERE
from 17.4 to 17.3?
LOL!
Did U6 (the number you seem all to happy to site) not fall in accordance as well?
why did the economy collapse despite the presence of decades of coherent macro stabilizers?
why did it not only collapse, but collapse SO VERY, VERY FAR?
You'll now go on for pages and pages and pages trying to avoid having to prove this is true.Doing nothing would have been worse. How much worse? Think 1930's worse.
Did it? Show me
You'll now go on for pages and pages and pages trying to avoid having to prove this is true.
There's post #1 to that effect.When monetary velocity falls dramatically, and foreign entities begin pouring trillions into US treasuries, it is safe to assume that collapse is eminent. Unless of course something is done.
There's post #1 to that effect.
Right on cue, post number 2....The question no "so called" conservative will answer: Why is demand for US treasuries still considerably high? (bid to cover is over 2.25).
If all this debt is unsustainable, why do banks and foreign entities continue to gobble it up?
From 1998-2008, the US financial system issued/created/sold etc... around $20 trillion worth of debt, and much of it was stamped AAA.
We can site the removal of the Glass Steagall, real estate bubbles, investors not paying attention to Tobins Q, etc.....
The bottom line: a perfect storm arose and guess what. We are all still here, and the parking lot @ Applebee's is always full on a Friday night (unless you are in Detroit). So say what you want about macro stabilizers, the fact of the matter remains.....
Doing nothing would have been worse. How much worse? Think 1930's worse.
Right on cue, post number 2....
You have proof or is this more useless opinions
Proof? What would satisfy your thirst for "proof"?
What proof we would have been in a depression? This recession is much closer to the Reagan Carter recession than it is to the depression.
There's post #3...If you cannot answer the question, then why bother to reply? You are quite close to trolling so it would be best if you left the discussion.
And post #4.Proof? What would satisfy your thirst for "proof"?
And post #4.
Just as I predicted.
No... my prediction that you would revert to your usual infantile MO and do everythng you can, for pages and pages, to avoid proving your claim.Reaffirming your lack of relevance?
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