Boehner determined to put Republican Party out of it's misery

Discussion in 'Blazers OT Forum' started by MARIS61, Dec 13, 2012.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Read up on Keynes and the multiplier effect. The lefty economists you don't see on Fox News rave about him.

    I read Robert Reich's (Clinton's Labor Secy.) blog, and he's constantly harping on raising taxes and borrowing even more enormous sums of money because the interest rates are so low. LOL.

    Or is it Paul Krugman?

    http://www.pkarchive.org/economy/KrugmanSummersCEAInflation1983Recovery090982.pdf

    LOL
     
    Denny Crane, Dec 15, 2012
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  2. MARIS61

    MARIS61 Real American

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    They're not going to have the votes to pass anything in the foreseeable future. They're pretty much toast.
     
    MARIS61, Dec 16, 2012
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  3. jlprk

    jlprk The ESPN mod is insane.

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    jlprk, Dec 16, 2012
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  4. jlprk

    jlprk The ESPN mod is insane.

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    jlprk, Dec 16, 2012
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  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    No, it does not.
     
    Denny Crane, Dec 16, 2012
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  6. maxiep

    maxiep RIP Dr. Jack

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    Boehner is worried about the politics of this issue when the real point is principle. If the Republicans won't be a home for fiscal conservatives, then we'll find a new home. Start a third party that is Libertarian except for foreign policy and the GOP will disappear. Sure the Democrats will rule for a couple of decades, but that should be enough time for the system to collapse and for people to rebuild from the ashes. Whatever current political balance we have cannot stand.
     
    maxiep, Dec 16, 2012
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  7. maxiep

    maxiep RIP Dr. Jack

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    If your argument (and the multiplier) were true, then Communism would have been a raging success as it would make the most sense to just give all our money to the government and let them distribute it as they see fit.

    Of course, that chart is a pile of crap. The definitive study of government multipliers was done by Robert Barro of Harvard University in 1974. His conclusion was that at best the multipler was a 0.8, meaning for ever $1.00 of government investment, it made $0.80.
     
    maxiep, Dec 16, 2012
    #27
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