Increase consumer spending to get good economy - mainstream political theory

[Never1AShow]

Yeah, let's hear about Bernie Sanders' economic theory.

Free college!

Are the Professors going to work for free? How about the administrative staff? The maintenance staff?

You have to commit bank fraud like Bernie Sanders' wife to keep the pyramid scheme going for yourself and your cronies.  What was the tax rate on that tax return Rachel Madcow revealed?

[Thin Lizzy]

You actually believe economists and government stooges are omnipotent?  You need a wake up call.

Here's what Nobel prize winner Paul Krugman said back in 2002:

"The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of PIMCO put it, Alan Greenspan needs to create a housing bubble to replace the NASDAQ bubble."

[Irongrip400]

Mere paupers compared to the Rothschild's and Rockefeller's.  They are the real owners of the USA. 

I know about the rothchilds, but how do the rockefellers fit into this? I don't see them listed as any richest in the world lists.

[Thin Lizzy]

I know about the rothchilds, but how do the rockefellers fit into this? I don't see them listed as any richest in the world lists.

The banking industry is an establishment kinda like the mob where you have a few families controlling things. The Rothschilds are one arm. The Swiss are another.



https://en.m.wikipedia.org/wiki/Banking_in_Switzerland


Currently an estimated one-third of all worldwide funds held outside their country of origin (sometimes called "offshore" funds) are kept in Switzerland. In 2001, Swiss banks managed US$2.6 trillion. The following year they handled US$400 billion less which has been attributed to both a bear market and stricter regulations on Swiss banking.[21] By 2007 this figure has risen to roughly US$2.7 trillion, a record.[22]

[Marty Champions]

how much things cost vs how much money we have=economy

id say 95% of people can afford what they need

poor people get what they need and generate debt not wealth but are happier than pigs n shit

rest of middle class can afford 100%  what they need but are slaves to their work

economy is good in that sense , but with a few gov tax n spending adj the middle class could afford more vacation time

[Mr Anabolic]

Here's what Nobel prize winner Paul Krugman said back in 2002:

"The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of PIMCO put it, Alan Greenspan needs to create a housing bubble to replace the NASDAQ bubble."

Krugman is a psychopath and an elitist stooge, like most of them are.  Funny, now Greenspan is now promoting gold as the ultimate safe-haven asset.  He didn't say that when he was Fed chairman.

[Mr Anabolic]

how much things cost vs how much money we have=economy

1. id say 95% of people can afford what they need

2. poor people get what they need and generate debt not wealth but are happier than pigs n shit

3. rest of middle class can afford 100%  what they need but are slaves to their work

4. economy is good in that sense , but with a few gov tax n spending adj the middle class could afford more vacation time

1. Afford necessities maybe, but their discretionary items are mainly bought on credit.
2. Poor people are paid by the government to remain that way.  There is no incentive to work or aspire to anything else.   
3. The middle class is shrinking.  Most live paycheck to paycheck.  Many cannot save and are living beyond their means.
4. Economy is good for rich people.  The middle class is being hurt/squeezed the most.  The poor wouldn't survive without the middle class funding 90% of the government social welfare programs.

[funk51]

Yeah, let's hear about Bernie Sanders' economic theory.

Free college!

Are the Professors going to work for free? How about the administrative staff? The maintenance staff?


Here's how your system is working out in Venezuela:



https://www.theguardian.com/world/2017/aug/05/here-there-is-a-chance-venezuela-crisis-triggers-exodus-to-colombia

From the moment it opens at 8am each day, the Símon Bolívar bridge between Venezuela and Colombia heaves with people.

Up to 25,000 Venezuelans come to the sweltering border town of Cúcuta each day – many of them lugging empty suitcases to buy basic foodstuffs such as rice, flour and pasta that they cannot find back home.

you're comparing america with a third world country... aren't we supposed to be the best and lead all countries in taking care of it's citizenry... america first....  MAGA

[Thin Lizzy]

you're comparing america with a third world country... aren't we supposed to be the best and lead all countries in taking care of it's citizenry... america first....  MAGA

Is that the best you got? Meaningless platitudes. The way you take care of the citizenry is via marginal productivity. People making useful goods and services. Not idiotic redistributions schemes that continually fail.

Stick to cartoons. That's the extent of your economic knowledge.

[Griffith]

1. Afford necessities maybe, but their discretionary items are mainly bought on credit.
2. Poor people are paid by the government to remain that way.  There is no incentive to work or aspire to anything else.    
3. The middle class is shrinking.  Most live paycheck to paycheck.  Many cannot save and are living beyond their means.
4. Economy is good for rich people.  The middle class is being hurt/squeezed the most.  The poor wouldn't survive without the middle class funding 90% of the government social welfare programs.

Correct.

[biff]

encourage free spending, take loans they cant possibly ever pay back, economy see's short term boost, half the country goes into to debt...blame the next people in charge for economy crash and corporations controlling everything (all debt), blame them for 'screwing' middleclass etc,...


sounds about right

[funk51]

Is that the best you got? Meaningless platitudes. The way you take care of the citizenry is via marginal productivity. People making useful goods and services. Not idiotic redistributions schemes that continually fail.

Stick to cartoons. That's the extent of your economic knowledge.

              i'm just replying in the manner of the time.we have a president who won by having people chanting  "lock her up","build the wall". and other such nonsense. how many degrees in economics do you have...what's your specialty mr lizzy micro or macro??? remember this next time they want to microchip you as terms of employment.

[funk51]

 

[Ropo]

You actually believe economists and government stooges are omnipotent?  You need a wake up call.

From the moron who barely can read and write? Hey, why don't you give your economy to drunken apes to handle? Go out to spot some chemtrails or false flag operations to wank off..