VaultNetwork.netVault Network Boards
Author Topic: Economists Agree--The Stimulus Worked [Locked]
GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
Is it ironic that a group of laymen drawing conclusions about a poll of economists are supporting the idea that no laymen can successfully draw conclusions about a poll of economists?

And also why do the erudite and educated thinkers believe that nobody else should think about things or discuss things? What triggers the idea in someone's brain that they are so vastly superior to others that they should be the only ones allowed to talk? I bet those guys are fun at parties.

 

-----signature-----
Another word for expensive is successful.
Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
Tych2 posted:

SoBaKi posted:

If it were up to me, given just how important oil is around the globe, ALL futures trading on oil would cease and desist. The goddamn commodity is too important (for EVERYTHING) to be used for gambling schmucks.

I can't argue with that.



Somewhere out there a lobbyist just choked on his mocha.

 

-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
Grymlo  2 stars
Posts: 415
Registered: 2002-4-30 05:51:06
SoBaKi posted:

Grymlo posted:

SoBaKi posted:

Grymlo posted:

Yep it worked.......real unemployment is over 12%, gas prices are going to be over 4 bucks or more soon and the debt.....

Libs live in a world of their own.



Yeah, we know, when it's your guy, debt is GREAT!



Yep that makes it ok for your guy



Not at all, however, you'd likely get more support had you kept a more bi-partisan position during the 8 years of Bush. That fact that the left is yet again, forced to take the higher road, pretty much means at least adults are at the wheel.

At least until Frothy anal lube becomes president.



They are taking a higher road?

 

-----signature-----
A Nation of Sheep Breeds a Government of Wolves!
Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
Ashmaele posted:

Tych2 posted:

SoBaKi posted:

If it were up to me, given just how important oil is around the globe, ALL futures trading on oil would cease and desist. The goddamn commodity is too important (for EVERYTHING) to be used for gambling schmucks.

I can't argue with that.



Somewhere out there a lobbyist just choked on his mocha.

you don't need to entice me more. I am already on board!

 

-----signature-----
We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
GrilledCheez posted:

The first question was retarded. If it created one job then it passed that one. The second one was equally retarded. Asking if it was worth the cost is dumb. When there is a downturn any braking you can do is good. What they should have asked is was it the best or most efficient or most effective thing that could have been done. I assume those numbers would be hugely different.


So the only thing this proves is that polls say what you want them to say.



This is correct. However it kind of ignores the current state of the stimulus discussion.


The right wing is not criticizing the stimulus by saying 'well sure it worked and created a bunch of jobs, but we could have done even better if we had _____'.


There is a fairly large movement of people operating in a fantasy world. This survey contradicts their main economic argument.


It would be like a survey on wether or not the earth is flat. Sure it seems like a dumb question for people with brains...but that doesnt mean its a bad question
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
GrilledCheez posted:

if the stimulus worked and was worth the money why didn't they do it ten times and get us out of this mess?



Have you been paying attention the last few years (decades)?




It appears you stepped out of a time machine and forgot what country you live in.


GrilledCheez posted:

The stimulus must not have worked because Republicans and Democrats didnt agree on more of it! This must be true!

Cawlin  4 stars
Posts: 1,759
Registered: 2005-2-22 07:58:42
Tych2 posted:

SoBaKi posted:

If it were up to me, given just how important oil is around the globe, ALL futures trading on oil would cease and desist. The goddamn commodity is too important (for EVERYTHING) to be used for gambling schmucks.

I can't argue with that.



I totally agree with this. The trouble is in execution/enforcement. You'd need some sort of global agreement for it to have a chance in hell. Of course the oil rich nations would be against such an agreement. Lacking a global agreement the traders would just make another market and trade oil futures there...

Oil is so strategic there would be just as many nations willing to cut off their own noses to spite the US's or [insert nation here]'s face that it would be a real bitch to see some sort of agreement reached on a global level without the might of arms behind it.

The real answer is that we need alternative energy sources, and much much greater efficiency in the way we use fossil fuels. However getting a truly concerted effort going in that direction would be at least as contentious (as we already know) as trying to get a global moratorium on trading (manipulating) oil futures.

*edit for quote buildup*

 

-----signature-----
If ignorance were painful, half the posters here would be on morphine drips.
Everyone playing WoW knows everything about playing two classes: 1) their own and 2) Hunters
Desnoxvu  2 stars
Posts: 363
Registered: 2002-3-21 11:48:50
The bankers and large corps got bailed out but the middle class and poor are getting destroyed. This is what happens in a keynesian society. The rich got richer and the poor got poorer, it isn't a coincidence.

The FED gave 17 trillion to their millionaire and billionaire buddies and the government decided to change the way they calculate unemployment to remove people who are not eligible for unemployment benefits.

People need to ask the question, why is it that all these banks and credit card companies have all the money and I need to be a slave to them in order to survive. Discount window much?

 

-----signature-----
Ron Paul 2012
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Desnoxvu posted:

The basic foundation of keynsianism is.....BAILOUTS!!!


Inequality didnt exist before 1913.


I know this because I read it in a newsletter.



Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Desnoxvu posted:

The bankers and large corps got bailed out but the middle class and poor are getting destroyed. This is what happens in a keynesian society. The rich got richer and the poor got poorer, it isn't a coincidence.

The FED gave 17 trillion to their millionaire and billionaire buddies and the government decided to change the way they calculate unemployment to remove people who are not eligible for unemployment benefits.

People need to ask the question, why is it that all these banks and credit card companies have all the money and I need to be a slave to them in order to survive. Discount window much?



You see... this is a statement those on the "American left" should TOTALLY agree with. It is what happened, and crony capitalists made it happen. However, because you have a Ron Paul icon, since most of them are partisan Dem instead of being classically liberal (ie fiscal conservative, small state, civil libertarian)... they're going to figure out ways to rant against it.

 

-----signature-----
In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger

VaultNetwork.net is an independently operated community forum and is not affiliated with, endorsed by, or technically based on IGN, GameSpy, FilePlanet, GameStats, or the former IGN/GameSpy Vault Network.
References to VaultNetwork.net mean this site/domain. VNBoards-style presentation is a visual homage only. By using this site, you agree to the forum rules.