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

[busybody..]

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Study: Long-term deficits are linked to 24 percent lower growth.



What’s the real harm of a massive government deficit? Carmen Reinhart, Vincent Reinhart, and Kenneth Rogoff find that high public debt is associated with a significantly lower level of GDP in the long run.

In a new paper for the National Bureau of Economic Research, the researchers examined the historical incidence of high government debt levels in advanced economies since 1800, examining 26 different “debt overhang episodes” when public debt levels were above 90 percent for at least five years.


Yeah, the pie’s smaller. But the folks with “juice” get a bigger piece, and that’s what’s important.



I know

READ BOOKS, NOT BLOGS......

 

[busybody..]

STILL WAITING FOR THAT “RECOVERY SUMMER:”



Two years ago today, the White House announced the start of what it called the “Recovery Summer.” This initiative was supposed to prove to the American people that stimulus projects were creating jobs.

If the administration had spent less time trying to justify the failed stimulus and more time on policies that work, the summer of 2012 might be the real recovery summer.

Instead, millions of Americans are still waiting for the economic rebound they were promised.

We’ve had 40 straight months with unemployment over 8 percent. More than 23 million Americans are unemployed or working less than they would like. Unemployed Americans now spend an average of nearly 40 weeks looking for work. That’s the equivalent of losing your job on New Year’s Day and not working again until October.

Meanwhile, President Obama recently offered his opinion that the private sector is doing fine.


Not so much.

 

[richard_daily]

You want to accuse me of being racist as soon as I hold you accountable for being a fraud? Then you call that a liberal tactic in your silly little corollaries?

Really? That's the kind of person you are?

Notice that he never calls busybody a racist.

 

[RobDownSouth]

You want to accuse me of being racist as soon as I hold you accountable for being a fraud? Then you call that a liberal tactic in your silly little corollaries?

Really? That's the kind of person you are?

"Avoiding accountability" is AJ's Prime Directive.

 

[koalabear]

Stocks struggle on Europe worries

 

[richard_daily]

Stocks struggle on Europe worries

Are stocks the economy? Your boyfriend says they're not.

 

[koalabear]

Are stocks the economy? Your boyfriend says they're not.

Look! The lil fag chihuahua is here.

 

[richard_daily]

Look! The lil fag chihuahua is here.

You were here all morning.

 

[koalabear]

You were here all morning.

If that's what you think. The most important thing is, you are here, that means your city parks are safer for children.

 

[richard_daily]

If that's what you think. The most important thing is, I am here, that means your city parks are safer for children. I love vetman

Awww, poor little vetpet is missing his daddy.

 

[koalabear]

Awww, poor little vetpet is missing his daddy.

That's the best you got today.

 

[richard_daily]

That's the best you got today.

Why would I use my best on you? that would be a wasted effort.

 

[koalabear]

Why would I use my best on you? that would be a wasted effort.

I see your point, you wasted your life why waste posts.

 

[koalabear]

Stocks struggle on Europe worries

Stocks struggle on Spain worries

 

[IrezumiKiss]

You were here all morning.

All morning, all night...then back to morning again.

His computer chair cushion has generations of symbiotic microbes going through life cycles just off the dead skin cell nutrients of his ass cheeks alone. The rare times he lifts off of it, he destroys cultures.

 

[Sean Renaud]

All morning, all night...then back to morning again.

His computer chair cushion has generations of symbiotic microbes going through life cycles just off the dead skin cell nutrients of his ass cheeks alone. The rare times he lifts off of it, he destroys cultures.

Is that what happened to Atlantis? IS THAT WHAT'S GONNA HAPPEN TO US AFTER THE OBAMA VICTORY?! Is this what the Mayans were predicting?

 

[busybody..]

You know why the economy isnt doing what it should be?

NIGGER OM ICKS!


For our quote of the day, we go to none other than the Fed's favorite mouthpiece, the WSJ's Jon Hilsenrath:






Fed officials have been frustrated in the past year that low interest rate policies haven't reached enough Americans to spur stronger growth, the way economics textbooks say low rates should... Multiply the fruit of cheap credit across millions of households—with healthy portions of interest savings spent on goods and services—and the U.S. should be recovering more quickly, according to textbook economics.

No... not the textbooks... Does this mean... Economics 101 is... nothing but one epic lie, based on Ponzi assumptions which work in a world of constant and gradual leveraging, and completely fall apart in a deleveraging world such as the one we have now?

And will the Fed, in its attempt to prove its blind faith in voodoo correct, destroy the real world by stuffing the CTRL-P channel full of increasingly more meaningless electronic dollar equivalents, merely to confirm once and for all that the Keynesian utopia may be an illusion, but nobody will be left to enjoy the aftermath of the biggest lie of the past century unraveling?

 

[4est_4est_Gump]

You know why the economy isnt doing what it should be?

For our quote of the day, we go to none other than the Fed's favorite mouthpiece, the WSJ's Jon Hilsenrath:

Fed officials have been frustrated in the past year that low interest rate policies haven't reached enough Americans to spur stronger growth, the way economics textbooks say low rates should... Multiply the fruit of cheap credit across millions of households—with healthy portions of interest savings spent on goods and services—and the U.S. should be recovering more quickly, according to textbook economics.

No... not the textbooks... Does this mean... Economics 101 is... nothing but one epic lie, based on Ponzi assumptions which work in a world of constant and gradual leveraging, and completely fall apart in a deleveraging world such as the one we have now?

And will the Fed, in its attempt to prove its blind faith in voodoo correct, destroy the real world by stuffing the CTRL-P channel full of increasingly more meaningless electronic dollar equivalents, merely to confirm once and for all that the Keynesian utopia may be an illusion, but nobody will be left to enjoy the aftermath of the biggest lie of the past century unraveling?

I KNOW!


Bank Holidays and Dressage!

 

[richard_daily]

I KNOW!


Bank Holidays and Dressage!

Why don't you ever denounce busybody as racist? You simply quote him like he's a good friend.

 

[busybody..]

I KNOW!


Bank Holidays and Dressage!

Dummy

You forgot

Dogs

Sweaters

Rocks

Haircuts

And a new one

Wawa

 

[busybody..]

Why don't you ever denounce busybody as racist? You simply quote him like he's a good friend.

Dumb

Daily

 

[4est_4est_Gump]

Why don't you ever denounce busybody as racist? You simply quote him like he's a good friend.

Because he's just Der Spiegel.


It's your side of the aisle that is focused like a laser on race.

Witness the antics of this Friday past...

 

[4est_4est_Gump]

Dummy

You forgot

Dogs

Sweaters

Rocks

Haircuts

And a new one

Wawa

Republicans hate Hispanic children...

Did you see that Asians are the new leaders in illegal immigration?

Expect a won-ton dinner with rice wine...

 

[mercury14]

Because he's just Der Spiegel.


It's your side of the aisle that is focused like a laser on race.

Witness the antics of this Friday past...

Have you ever read what conservatives here post about race?

 

[4est_4est_Gump]

Have you ever read what conservatives here post about race?

I've read what Democrats post:

While you're at it, could you come up with a plan to cancel out America's nigger amnesty policy? And who gave Pocahontas and her drunk-ass tribe citizenship?

And then they accuse everyone else of being a racist.