[Peace-discuss] Liberal radio pushes deficit scam

E. Wayne Johnson ewj at pigs.ag
Fri Aug 20 08:49:32 CDT 2010


Absotively.  And its really hard to do business with people who dont 
have any money.

The problem is that too much (most) of the money thrown at the problem 
isnt going where it will result in jobs
or to help people who dont have money.


On 8/20/2010 9:03 AM, C. G. Estabrook wrote:
>  I think someone should start suggesting giving money to people who 
> need it - as wages, for example.
>
> A federal jobs program - far better, a job at a living wage for 
> everyone who wants one.
>
> My analysis shows that people are poor because they don't have enough 
> money...
>
>
> On 8/19/10 7:48 PM, E. Wayne Johnson wrote:
>>
>> "...since people with familiar with economics would likely argue that 
>> current deficits are too small..."
>>
>> That is certainly the Keynesian view.
>>
>> Some would argue that Keynesianism is fundamentally flawed but I 
>> doubt that
>> either Austrianism or austerity is going to save the system.
>>
>> It's very difficult to force prosperity by throwing money at it.  The 
>> money tends to find its way into
>> the deeds of the greedy rather than into projects that work toward 
>> mutual benefit in the society.
>>
>> At this point I dont think the American economy will respond to 
>> anything short of the equivalent
>> of a 2x4 applied to the cranium.  The question is if the American 
>> people are clever enough, ambitious
>> enough, and brave enough to bring to justice the real criminals and 
>> release the present incarcerates, most of whom are relatively
>> innocuous .
>>
>>
>>
>>
>>
>> On 8/20/2010 12:33 AM, C. G. Estabrook wrote:
>>>  Thursday, 19 August, on NPR's "Morning Edition's top of the hour 
>>> news segment, Carol Van Dam described federal deficits as 'out of 
>>> control' ... This is an especially bizarre comment since people with 
>>> familiar with economics would likely argue that current deficits are 
>>> too small given the falloff in private sector spending associated 
>>> with the collapse of the housing bubble."
>>>
>>> http://www.cepr.net/index.php/blogs/beat-the-press/npr-joins-the-tea-party?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+beat_the_press+%28Beat+the+Press%29&utm_content=Google+Feedfetcher 
>>>
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>>>
>>>
>>
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