What's up with cuts in government spending causing negative economic growth?

[head of joaquin]

I'm guessing you're an Obama voter since you've mastered the art of throwing up strawmen, claiming others support them, and then running to the rescue. Guess there's no middle ground with you - either your country is spent into oblivion or you revert to living in caves. Too bad someone who claims to be "progressive" isn't more creative.

I'm guessing you're a conservative who can't argue on the merits and when somebody points out the absurdity of your posts, you reply by attacking Obama.

 

[Mycroft]

Source for this?

This article gives a source that shows government spending did not go down in Q4 2012.

Fact Check: Federal Spending Increased During 4th Quarter

 

[CanadaJohn]

I'm guessing you're a conservative who can't argue on the merits and when somebody points out the absurdity of your posts, you reply by attacking Obama.

LOL - pretty good - I suppose your post #47 was an example of your superior debate skills, right? If you don't like people pointing out the absurdity of YOUR posts, don't post absurdities. Otherwise, roll accept that not everyone agrees with your warped view of the world.

 

[head of joaquin]

LOL - pretty good - I suppose your post #47 was an example of your superior debate skills, right? If you don't like people pointing out the absurdity of YOUR posts, don't post absurdities. Otherwise, roll accept that not everyone agrees with your warped view of the world.

Diversion. Good strategy now that I've exposed how your anachronistic views of the economy are absurd.

Let's recap: you gave the typical anti-modernist, conservative attack on modern economies, which are dependent on capital investment from governments. I pointed it out. You replied by attacking Obama.

Conservatives!

 

[CanadaJohn]

Diversion. Good strategy now that I've exposed how your anachronistic views of the economy are absurd.

Let's recap: you gave the typical anti-modernist, conservative attack on modern economies, which are dependent on capital investment from governments. I pointed it out. You replied by attacking Obama.

Conservatives!

Nice try - like Obama, you try to put words in my mouth or assign thoughts to me that I neither have nor espouse. If you think I'm just going to accept your faulty interpretation of my words, you're mistaken - maybe that works with others you try to misquote - not me.

Perhaps a course in reading comprehension might come in handy for you son.

 

[head of joaquin]

Nice try - like Obama, you try to put words in my mouth or assign thoughts to me that I neither have nor espouse. If you think I'm just going to accept your faulty interpretation of my words, you're mistaken - maybe that works with others you try to misquote - not me.

Perhaps a course in reading comprehension might come in handy for you son.

Wow, you mentioned Obama again. It's like Tourette's syndrome.

Meanwhile, modern economies are so productive because of government regulation, capital investment, and safety nets. Discuss!

 

[CanadaJohn]

Wow, you mentioned Obama again. It's like Tourette's syndrome.

Meanwhile, modern economies are so productive because of government regulation, capital investment, and safety nets. Discuss!

No thanks - I'm done with you - take care and have a good evening.

 

[head of joaquin]

No thanks - I'm done with you - take care and have a good evening.

I accept the surrender of another conservative and his discredited memes.

 

[CanadaJohn]

I accept the surrender of another conservative and his discredited memes.

You're funny - I thought when I left Politico I left the babies and little brats behind - do your parents let you entertain the adults when they have parties, or are you put to bed early those nights?

 

[justabubba]

You're funny - I thought when I left Politico I left the babies and little brats behind - do your parents let you entertain the adults when they have parties, or are you put to bed early those nights?

appears this was premature

No thanks - I'm done with you - take care and have a good evening.

 

[CanadaJohn]

appears this was premature

You're not wrong, but I'll stop poking the child from now on, I promise

 

[justabubba]

You're not wrong, but I'll stop poking the child from now on, I promise

wise decision
i have never seen him take a prisoner

 

[JP Hochbaum]

This article gives a source that shows government spending did not go down in Q4 2012.

Fact Check: Federal Spending Increased During 4th Quarter

You do realize that Breitbart included hurricane spending right?

 

[a351]

This article gives a source that shows government spending did not go down in Q4 2012.

Fact Check: Federal Spending Increased During 4th Quarter

The only two components of federal outlays that are actually plugged into the gdp equation, consumption expenditures and gross federal investment, declined by 15 percent. Brietbart usually doesn't do the best job of weeding out the details.

 

[Bigfoot 88]

Shortterm, yes.

It is more than worth it.

 

[Mycroft]

The only two components of federal outlays that are actually plugged into the gdp equation, consumption expenditures and gross federal investment, declined by 15 percent. Brietbart usually doesn't do the best job of weeding out the details.

You do realize that Breitbart included hurricane spending right?

Then perhaps people should be more precise when they speak of reduced government spending.

Specify what government spending, that affects the GDP, was reduced instead of making blanket statements that are incorrect...but misleading.

 

[StringBean]

Is it fair to presume most of this huge drop in defense spending is the result of the winding down in Iraq and Afghanistan?

 

[Ahlevah]

e

I thought that the purpose of the tanning bed tax, the tax on employers who don't provide insurance, the 2% tax on medical devises, and the tax on people who don't get insurance funded the exchanges.

My understanding is the tax on employers kicks in on workers who work an average of thirty hours a week or more. The logical response will be for employers to cut the number of full-time workers. I doubt the Feds will raise the revenue they think they will.

 

[imagep]

e

My understanding is the tax on employers kicks in on workers who work an average of thirty hours a week or more. The logical response will be for employers to cut the number of full-time workers. I doubt the Feds will raise the revenue they think they will.

Since 98% of employers who have 50 employers at all already provide insurance, and since a lot of the larger employers already have exemptions (McDonalds, etc), we are really looking at very few companies which are going to be effected - so you are probably right about not raising the amount of projected revenue, we will just have to wait and see.

One thing about employers cutting jobs is that will tend to result in more jobs and less unemployment. Maybe that was part of the hidden agenda, who knows. A lot of "unintended consequences" aren't really unintended, and aren't necessarally bad.

 

[head of joaquin]

You're funny - I thought when I left Politico I left the babies and little brats behind - do your parents let you entertain the adults when they have parties, or are you put to bed early those nights?

You're not funny. You're a conservative who propagates meme and when I expose them, you're reduced to trying to sound funny. You failed.

 

[head of joaquin]

Is it fair to presume most of this huge drop in defense spending is the result of the winding down in Iraq and Afghanistan?

Basically. But note that if even the relatively small decrease in defense spending (which is very sparse in creating jobs and has low velocity) caused negative growth in a quarter, what would the effects been had the Tea Party had its way and federal spending on infrastructure, education, research had been decimated (spending rich in job creation). We'd be on the cusp of another Bush Recession.

 

[Ahlevah]

Since 98% of employers who have 50 employers at all already provide insurance....

Let me stop you there. They provide insurance to full-time workers. Now, what about the part-timers? Currently, those workers can be worked in excess of 30 hours per week and still be considered part-time. Not so under Obamacare. If they're averaging more than 30 hours per week, the employer's incentive will be to drop those employees below that. Their income will effectively be cut. So much for supporting the little guy.