tag:blogger.com,1999:blog-9612609.post53673246659937934..comments2023-09-29T06:58:20.125-07:00Comments on Badtux the Snarky Penguin: Trickle down economicsBadTuxhttp://www.blogger.com/profile/01345749557330760251noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9612609.post-29023498798951827192010-08-17T10:59:02.522-07:002010-08-17T10:59:02.522-07:00I'm not as confident as you in this stimulus p...I'm not as confident as you in this stimulus plan:<br /><br />1. low factory utilization<br />2. government spending<br />3. ???<br />4. high factory utilization!<br /><br />It's unlikely that the federal government is capable of producing the type of demand that is a substitute for that of a highly diverse and fragmented economy. Yeah the government can spend a couple billion on fixing bridges and roads, but is that really a substitute for a million people spending a couple thousand dollars on a million different things? Doubtful. One of the better proposals I've heard is from Martin Feldstein - he suggests inciting demand by handing out prepaid debit cards so that money is actually spent by individuals (who are trying to save the money they otherwise would spend) and doesn't disappear under a mattress as you say.Anonymoushttps://www.blogger.com/profile/01521150405438185645noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-53186408205102901982010-08-11T18:48:18.306-07:002010-08-11T18:48:18.306-07:00But sadly, it's only us sane people who know t...<b>But sadly, it's only us sane people who know this, and the lunatics are in charge of the loony bin...</b><br /><br />Hahahaha, he thinks he's sane. <br /><br />Oh well, I don't give a rats ass, I removed myself from that loop. Bring on the hard times, they are good for me.BBChttps://www.blogger.com/profile/15323188240580782454noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-83721852727230811782010-08-11T16:57:51.809-07:002010-08-11T16:57:51.809-07:00Gotta love that Bernanke, huh?
The ultimate strin...Gotta love that Bernanke, huh?<br /><br />The ultimate string pusher (and who benefits again?).<br /><br />Lunatics are not in charge, my friend.<br /><br />I fear they know all to well what they are doing.<br /><br />After all, they used to be very smart guys.<br /><br />And I don't have any other explanation (a logical one anyway).<br /><br />Love ya,<br /><br />S<br /><br /><i>printing money is merely pushing on a string </i><br />____________Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-8713340743745461502010-08-11T16:52:20.177-07:002010-08-11T16:52:20.177-07:00Yeah but there's a whole new crowd out there, ...Yeah but there's a whole new crowd out there, who's saying...hey that sounds like a good idea...<br />The rest of us are just grabbing our ass so we can kiss it goodbye.Timhttps://www.blogger.com/profile/13183815338714438681noreply@blogger.com