On Mon, 15 Feb 2010 10:39:23 -0700, Canuck57
wrote:

On 15/02/2010 7:05 AM, bpuharic wrote:
On Mon, 15 Feb 2010 06:16:23 -0700,
wrote:



Have a better explanation for why all of a sudden the government can
spend it's way out of debt to prosperity? What economic theory is this?
Bankruptcy?

it's called 'keynesian' economics. and it's on pretty solid
foundations.

Lets see. Iceland tried it, fell flat on its ass.

gee. hows' the US doing today under the chicago school? Middle class
doing alright? unemployment at 4%?



Socialist Greece tried it, and to fund it now looks like they mistated
their real debt levels and is failing real bad.

guess you dont know how keynesian economics works. and guess who blew
greece's economy?

wall street. it was goldman sachs who advised them on debt
restructuring


Socialist Spain tried it, not fairing too well.

keynesianism has zip to do with socialism. more paranoia from the
ultra far right.


Japan tried it and hasn't seen valued growth in 2 decades.

japan had a variety of mercantilism. again you don't know what
keynesianism.

so far you've accused wall street, socialists etc of being
keynesians....

which would come as a shock to keynes

so tell us...how's the US economy doing under your socialism for the
rich?


Show me where in history I can find that it worked? I can't see any.
Even Roman times tried it and resulted in the disbandment of the Roman
Empire.

it's working now. unemployment? dropped 10% in the last year. guess
you right whiners don't pay attention to the news.


and our debt service after ALL the money is spent over the next 10
years?

3.4%

That is amost $500 billion a year every year for nothing of value. Or
about a perpetual debt payment of $3770 per worker every year and no return.

nothing of value?

you'd prefer 25% unemployment? i guess you right wingers dont consider
middle class workers to be of value.

and what did george bush get us for HIS 3.4% of GDP spent on tax cuts
for the rich?

it got us where we are today.


Given the currency float has also been diluted, that is a wildly
optimistic number too. Reality is much worse as inflation will force
rates up or the currency will devalue like a rock.

too late sport. your wall street buddies already destroyed the
economy. your only bitch is that they didn't steal ALL the money from
teh middle class

that's why you want unemployment at 25%....drain every last drop from
the middle class




debt burden under george bush the first?

3.4%

gee. i guess canuck doesn't know that

3.4=3.4.

Does not mater at this point who you blame really. Even if you choose
to forget Obama's 3.5 trillion 18% increase in just 2 years,
debt-corruption spend at the end of 2010, the debt of $14.5 trillion
isn't far off.

ROFLMAO!! it doesnt matter who you blame

THEN you blame obama??? do you realize you contrradicted yourself in
teh same PARAGRAPH?


Each worker now supports about $108,000 in federal debt. And it adds
ZERO value to their lives. Taxation enslavement. Permanent wealth rob.
Money not spent so it can't create jobs.

fine. what you gonna cut? why not mothball all US aircraft carriers?
shut down the US marines? tell old people not to bother about
healthcare

that what you got in mind?



Liberal debt borrowing, liberal ponzi currency management is bringing
down the United States to it's financial knees. Get over it. Probably
too late to stop it too, and no politicial vision and will too either as
DC **** fests the taxpayers with corporate corruption bailouts - certain
long term doom for the US economy.

i love it. liberal borrowing...when right wingers have had control of
the US govt for 22 of the last 30 years...when the biiggest spenders
in history were ronald reagan and george bush who spent a trillion
dollars on a useless war.

you right wingers just dont understand history OR economics, do you?

you guys think obama's been president for 30 years.