Hate much?Quote:
Originally Posted by hippifried
And I will disagree the 2011 fiscal budget was the responsibility of the 111th Congress to complete.
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Hate much?Quote:
Originally Posted by hippifried
And I will disagree the 2011 fiscal budget was the responsibility of the 111th Congress to complete.
I don't hate you. I can't take you seriously though. You're just entertainment.
And boom goes the dynamite $27 billion in debt in 6 days...
Come on Faldur, you proved you don't even know how to compute percentages. Why should we take any of your fear mongering seriously? Boehner should just herd his little sheep together and raise the fucking debt ceiling already.
It looks like my math isn't doing too bad Trish, even with my public education. With the amount of debt we are piling up how can you just turn a blind eye?
And fear mongering? From our resident global warming expert.. when you have concerns they are valid, when a conservative has concerns they are fear mongering.
When a conservative uses enhanced interrogation its barbaric, when a liberal double taps and unarmed man in the temple its justice. Hard to keep all of these double standards straight.
Quote:
Originally Posted by hippifried
Ya know I read your posts as often as I can stand the empty foolishness. Let's discect this one for example....I count eleven sentences ( if you can call them that) of which you say absolutely nothing. Your fingers surely were moving across the keyboard, your mind was working, albeit in a limited capacity, but you convey no clear thought or message. No contradictory data, no opposing thought, no contrary opinion , no factual input....just play ground name calling. It's a chronic habit with you. I attribute it to laziness...too many years with your lips around a bong perhaps. You believe what you believe ...but why? You sound like a liberal politician giving a stump speech for the 87th time to a sleepy, but sympathetic crowd. Vapid. Demagogue, demonize, belittle...that's your M.O.
If politics and governing is about ideas and communicating those thoughts and ideas... best stick to Trannys cause you're not winning any converts.
Uh huh... & your diatribe is so informative. Pfffft!
I would rather people had some ideas for creating jobs, cutting waste across the public sector, and so on, in order to set in motion a reversal to the current economic malaise; rather than this static point scoring about figures.
In the UK the basic contrast we have been offered is Labour's 'gradualist' deficit reduction, the equivalent of turning around an oil tanker; and the Conservative-Liberal Democrat Coalition's 'shock treatment', the equivalent of slamming on the brakes of the car just before (or after) the traffic lights turn red. Both have merits, both have risks.
Although my long term prognosis is positive, unlike previous decades, I think we are in a Japanese-style no-growth decade, so that nothing exceptional is likely to happen for some time. In the meantime, Germany does what Germany does best: it runs its public services with calculated precision, it exalts engineers so that year in, year out graduates enter the economy, and with their practical and intellectual expertise bring new ideas and innovations to their industry, where here in the UK we have the equivalent number of media studies students (or so it seems) whose contribution to life is an idea for a reality tv show and a bizarre cornucopia of knowledge about the Third Reich; while present-day Germans invest in new machinery on a regular basis; the old adage here 'if it aint broke don't fix it' being the curse of British industry, although its code for 'we are not spending money on it'...needless to say the Germans are one of if not the largest group of EU nationalities living in the UK (along with the French) -engineers, financiers, and so on -otherwise in the next 20 years most of our engineers will be from India.
But how do you persuade young people to study engineering in a culture obsessed with celebrity and achievement measured in column inches?
Add into the mix the fact that the first thing to go in Britain in hard times is the training budget, whereas in Germany they increase it in order to have better qualified people when the better times return, and you have the industrial reflection of a financial services driven business culture in which tomorrow is the focus and next year can go to hell. The US is pretty much the same if not moreso. Oh, and what else do the Germans do that neither the Brits nor the Americans do? They build high quality industrial and consumer goods which we by contrast import from low wage economies while our own manufacturing atrophies. The end result is that they come out of recession faster and fitter with an export-led recovery. What do we export that the world wants, apart from war, of course.Quote:
Originally Posted by Stavros
It's very sad. I'm going to Germany for a few weeks on Friday and if I can I'll pass on what I see as well as what my German counterparts think. As I'll be halfway up an alp most of the time, wifi may be a problem.
I can't speak for the UK or the rest of Europe, but we don't need shock treatments. The debt's big, but we're big. We're nowhere near default, but we could be if we keep cutting off our revenue stream.
Spending isn't the problem. Spending is what makes the economy go. Capitalism is financing, & that part of the economy's thriving right now. We need money in the capital markets, but they create their own by borrowing to lend. Down here in the consumer markets, we don't have that luxury. We create money by borrowing to spend. Consumer spending is over 70% of the economy. This is the money that creates a demand for workers. When you constrict the flow of money to the consumer market, which is what "supply side" philosophy & austerity programs do in both theory & practice, people get thrown out of work. It's the modern equivalent of hoarding gold. Keeping the money at the top & sinking all porofits into acquisitions & monopolizing, is hoarding, & it doesn't put people to work. We need money to flow, not dribble (or "trickle"). Jobs aren't created by pushing up stock prices on a bet. Right now, that's all that's going on.
Austerity shock treatment my ass. This is America. We got rid of the concept of peasantry by getting rid of nobility. It just seems to me that all this effort to widen the economic gap, is just a form of reestablishing feudalism. It's backward thinking. Where have these austerity programs ever worked? It's a surrender.