What happened to all of the doom and gloom economic threads?

[Frisco_Slug_Esq]

You stopped posting them when Obama got elected.

I missed that the first time.

Very funny, clever, and with an obvious grain of truth!
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If you still have a job, it was "saved." If you don't have a job, it's being "created."
A_J, the Incredulous

 

[Frisco_Slug_Esq]

Why Cloward-Piven Will Eat Itself

At least, even in a disaster, like a tornado or a hurricane, there is a silver lining in the ominous cloud...

... Sadly, many in the Democratic Party have adopted this strategy as a way to build their base and solidify their political power, believing that Cloward and Piven knew what the hell they were talking about and that, by some miracle, crashing the national economy by using welfare and other government payout programs as a tool would bring about even larger government.

...

If the demands on the state are so great that they force a breakdown of the existing bureaucracies, basically bankrupting the government, how in blazes is it then possible to further increase the size of government to provide everyone the same pay every year? It isn't.

First, adding people to the welfare rolls depletes the numbers of gainfully employed citizens, reducing revenues and increasing government costs. Second, with these new people now dependent on government, they are less likely to seek gainful employment (since getting money for free is fun and all). This will establish a larger permanent welfare class. Third, there will soon arise a situation where those who remain gainfully employed cannot work hard enough or long enough to generate the revenues needed to provide for the ever-increasing number of takers.

This cycle continues until all meaningful revenues dry up and the system essentially chokes on its own largesse and dies. Then, Cloward and Piven would have us believe, a new, bigger government/bureaucracy/candy store of others' labors will arise to make sure everything is fair for everyone forever. This leaves unresolved the question: Now that the government is broke and the productive sector is broke and/or gone, who's going to finance this?

No one. We have just entered a state of sociopolitical and economic upheaval. It will not, however, render a large, omni-providential state that will be able to assure everyone's equitable financial well-being in perpetuity. In fact, it won't even get off the ground.

What will likely happen instead is a brief state of chaos wherein the dependent drones of the government trudge zombie-like to collect their "benefits" and "entitlements." Then, seeing that those goodies can no longer be had, they probably turn like a spider monkey on their masters, who promised them these things would keep on coming. Then, desperate, some of these folks might move out into the suburbs and rural areas to pillage and plunder for those things they "need." After a few nasty encounters with the well-armed populace, this activity will shortly be curtailed, and some semblance of order will be restored in some areas.

Hoss Vared
The American Thinker
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"In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped to live in a world that no longer exists."
Eric Hoffer

 

[Beco]

Larry Kudlow
NRO
__________________
You loot the private sector, strip every dollar of 40¢ for overhead, and then give the other 60¢ to your political base in order to revitalize the looted.

What's not to like about that plan?
A_J, the Stupid

Kudlow use to be at OMB, he's got his finger on this thing. Obama would be wise to bring him to the WH.

of course, that is, if he can stay off the white stuff...

 

[Frisco_Slug_Esq]

Obama believes in Marxist/Socialist economic theory and he's not about to admit that the smartest President ever with a Nobel Economic Team has ushered in a lost decade and maybe even a third depression.



Like FDR, he's going to blame the guy who came before him and come election-time, the people who voted for him the first time, will most likely vote for him the second time, because the Republicans are going to nominate an idiot.


__________________
There is still a sense about Mr. Obama that he needs George W. Bush in order to give his presidency full shape and meaning. In this he is like Jimmy Carter, who needed Richard Nixon, or rather the Watergate scandal, which made him president. ... Mr. Carter needed to be able to point at Nixon and say, "I'm not him. He dirty, me clean. You hate him, like me." Carter's presidency was given coherence and meaning by Nixon, Watergate, and without it that presidency seemed formless. Mr. Obama, in the same way, needs Mr. Bush standing in the corner like Boo Radley, saying "Let's invade something!" But Mr. Bush is wisely back home in Texas finishing a book, and the president never sounds weaker than when he suggests his predicament is all his predecessor's fault.
Peggy "Better Late Than Never" Noonan

 

[Frisco_Slug_Esq]

The lies they told to sell us on Health Care reform are adding to the debt while enriching the political class...


http://pajamasmedia.com/blog/kentuc...egislation-to-loot-taxpayers/?singlepage=true

 

[Frisco_Slug_Esq]

The American Power Act would reduce U.S. employment by roughly 522,000 jobs in 2015, a number that rises to over 5.1 million jobs lost by 2050.

Households would face a gross annual burden of $125.9 billion per year, or $1,042 per household, with costs disproportionately borne by low-income households.

On a net basis, the top income quintile will benefit financially, redistributing to these households roughly $12.3 billion per year from the bottom 80 percent of earners.

Households over age 75 bear the largest burden at 2.3 percent of income, followed by households aged 65-74 and under age 25 at 2.1 percent. By contrast, the nation’s highest-earning households between age 45 and 54 years would bear the smallest percentage burden of just 1.5 percent.

Contrary to the legislation’s stated goal of reducing price volatility by excluding petroleum refiners from quarterly auctions, the Kerry-Lieberman bill is likely to significantly increase allowance price volatility from quarter to quarter, compared to an ordinary auction in which all covered industries bid for allowances.

http://pajamasmedia.com/blog/kerry-...-jobs-cost-familes-thousands/?singlepage=true

Lame-duck Congress
__________________
When I was asked earlier about, uh, the issue of coal. Uhhh, y'know, under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket....
We would put a cap-and-trade system in place, eh, that is as aggressive, if not more aggressive, than anybody else's out there. So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them because they're gonna be charged a huge sum for all that, uh, greenhouse gas that's being emitted.

Barack Hussein Obama
Editorial board meeting, San Francisco Chronicle
January 2008

 

[Saint Peter]

Pay your taxes.

Quit your sniveling.

 

[Frisco_Slug_Esq]

Tax-payers are the only ones who have the right to snivel...




Know your rights!
THESE ARE YOUR RIGHTS!


(Shariff don't like it
Rawk the Casbah!)

 

[Saint Peter]

You have the right to move to some other fucking country if this one is such a let down to you.

 

[Frisco_Slug_Esq]

I first have to honor my RESPONSIBILITY to take up arms against tyranny.

 

[koalabear]

You have the right to move to some other fucking country if this one is such a let down to you.

If you can still afford the Passport.

 

[Saint Peter]

You really don't. Life is short.

Pursue happiness and be upright. If America sucks so badly take your family and move to a better space.

 

[Frisco_Slug_Esq]

St. Petey preferred to have communism move here rather than rejoin his comrades in the spy ring and return to Russia with love...

"I embraced Communism and all I got was the lousy "promise" of Light Rail"​

 

[Saint Peter]

St. Petey preferred to have communism move here rather than rejoin his comrades in the spy ring and return to Russia with love...

"I embraced Communism and all I got was the lousy "promise" of Light Rail"​

The light rail is blazing up and down I-25 as we speak. Why is that? I will tell you why. Colorado voters approved taxes to make it happen. Colorado voters decided it was worth the increase in tax to provide a cleaner and more efficient way to move the masses.

That is not communism. That is democracy taking lemons and making lemonade.

 

[Frisco_Slug_Esq]

The more government control and regulation, the better it is for the consumer, so Congress wants to resume regulating the airlines...

In Washington, D.C., everything old is new again. Keynes is back as the defunct economist our politicians are in thrall to, wind and solar are the power sources of the future, just as they were in the seventies, and, after two decades in which entrepreneurs and industry were freed from the crippling hand of regulation, re-regulation is now the order of the day. The latest target is the domestic airline industry, and if Congress wanted to kill it off, they couldn’t be picking a better way.

In 2008 market imperatives in the shape of competition and economies of scale drove Delta and Northwest Airlines to unite. Those same forces are now prompting United and Continental airlines to merge together. This trend toward market consolidation has sparked concerns in Congress over consumer welfare. A number of Congressmen, led by Rep. James Oberstar (Chairman of the House Transportation and Infrastructure Committee), have gone so far as to call for the re-regulation of the industry. History and economics, however, both suggest that such a move would be disastrous for the industry and for consumers. The result would actually be less competition, higher prices, poorer safety, and fewer choices.

Until the passage of the Airline Deregulation Act of 1978, the airline industry was heavily regulated by the Civil Aeronautics Board (CAB), which restricted competition by fixing prices, determining and rationing routes among favored firms. As the economists Paul Cleveland and Jared Price have demonstrated, these restrictive policies simply prevented new companies from entering the market and kept prices high. Airlines did compete in a form -- on the basis of amenities rather than price, but only when multiple carriers were allowed to serve a particular route.

Deregulation allowed the airlines to compete and adopt the more efficient hub-and-spoke system. By feeding local and regional flights through hubs, airlines are able to do a much better job of filling up their longer flights, resulting in cost savings for both the industry and consumers. All in all, consumers have saved about $19.4 billion per year since the deregulation of the airline industry. Beyond these financial gains, safety has improved as well. According to Cleveland and Price, in the first fifteen years following deregulation, the airline fatality rate decreased by 41%, even as passenger travel increased by 55%. This strongly suggests it would be foolish to re-regulate the airline industry in response to a minor and at this point only hypothetical threat to consumer welfare.

Iain Murray & Roger Abbott
The American Spectator
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What's not to like about that plan?
A_J, the Stupid

 

[Frisco_Slug_Esq]

The light rail is blazing up and down I-25 as we speak. Why is that? I will tell you why. Colorado voters approved taxes to make it happen. Colorado voters decided it was worth the increase in tax to provide a cleaner and more efficient way to move the masses.

That is not communism. That is democracy taking lemons and making lemonade.

Hey, I love the idea of Colorado's light rail as long as ONLY Colorado pays for it...
__________________
You loot the private sector, strip every dollar of 40¢ for overhead, and then give the other 60¢ to your political base in order to revitalize the looted.

What's not to like about that plan?
A_J, the Stupid

 

[Saint Peter]

Hey, I love the idea of Colorado's light rail as long as ONLY Colorado pays for it...
__________________
You loot the private sector, strip every dollar of 40¢ for overhead, and then give the other 60¢ to your political base in order to revitalize the looted.

What's not to like about that plan?
A_J, the Stupid

That is mighty big of you! Where did all the interstate dollars come from to provide major roads to your trailer?

 

[koalabear]

You really don't. Life is short.

Pursue happiness and be upright. If America sucks so badly take your family and move to a better space.

Space, the final frontier. Titanium ass hooks required.

 

[Saint Peter]

Typical of you and your twin Ish. Complain about unemployment insurance and cash the social security check as soon as it hits the mailbox.

Always faithful?

 

[Saint Peter]

Space, the final frontier. Titanium ass hooks required.

Stainless steel.

 

[koalabear]

Stainless steel.

Too heavy, makes lift offs more difficult.

 

[Saint Peter]

Too heavy, makes lift offs more difficult.

Somebody needs a bigger rocket.

 

[koalabear]

Somebody needs a bigger rocket.

So much for the female crew.

 

[Saint Peter]

So much for the female crew.

Who is going to make dinner and clean the spaceship?

 

[koalabear]

Who is going to make dinner and clean the spaceship?

You just open a window and space will clean it. Food, who needs it.