[Peace-discuss] Liberal radio pushes deficit scam

[E. Wayne Johnson]

And the money is going into Mergers and Acquisitions.  Not exactly what 
one might call Job Creation.

http://www.bloomberg.com/news/2010-08-20/august-acquisitions-augur-m-a-revival-as-companies-tap-3-trillion-of-cash.html


On 8/20/2010 9:49 PM, E. Wayne Johnson wrote:
> 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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>
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