TPS

We have millions of unemployed in order to keep wages down. You'll note that the number one business organization in the US (the chamber of commerce) is always pro-immigration for the same reason. Also, the Fed won't let the economy get "roaring." The Fed will raise interest rates to prevent wages and prices from rising beyond their target level. At some point, higher interest rates cause a slow down, increasing unemployment and restraining wages. Then they'll start the cycle all over again...

The theory focused on supply of output, which is a direct function of labor. As I said, Keynes debunked that stupid theory, for the most part. Most now accept that demand drives the economy over any meaningful period of time; however, long run growth theory is supply-focused. The ability to produce is a function of labor supply growth and productivity, related to capital stock and technology. Adherents of Say's Law argued if there was insufficient demand in the short run, it would be corrected in the long run. Their fixation on the long run solution is what underlies a famous quip by Keynes: "In the long run we're all dead."

Say's Law (after the French economist of the 19th century). David Ricardo supported it, and it dominated classical economics until Keynes' refutation in 1936. One could argue it's the foundation for modern Supply-side economics.

that was funny.

while I know that's a question (mixed in with a statement or vice versa), how'd you do predicting the last presidential election? sanders and Warren, of course!

Panthers. I'm rooting for Bruce DeHaven given his current battle AND being canned by Wade as the escape goat for the Music City Manipulation....

The article is a simple explanation for why Trump and Sanders are so popular. Populism coming from both sides of the spectrum.

Draft a kicker this year who can do both and free up some cap space.

My annual reminder for those who believed the Fed's QE policies would lead to high inflation. (Un?)Fortunately, Charles "clueless" Plosser has retired from the Fed so we won't be getting any more of his "dire" warnings about how the $2.5 trillion in excess reserves (which are still there) will lead to future inflation....

Doc, A of couple years ago we did a family cruise in July and did a full day trip to Rome as part of it. Everything was insanely crowded, and it would've been a total disaster had we not booked a great tour and guide who was able to get us through the insane lines at both the Coliseum, cathedral, and Vatican. It's well worth it to pay a premium. While I am sure there are great restaurants all over Rome, we went to this place, La Cabana. Two of our dishes stand out. The Carbonara was to die for, and I have tried to replicate it to no avail. The fried zucchini blossoms were amazing! I believe we walked to the restaurant after visiting the Trevi fountain. I dream of this place, and I used to cook for a living in my youth... You will enjoy no matter what. Cheers, tps

Rooting for panthers because they can beat the pats.

This is a good line of thinking. Regardless of how they get one, they need a true NT. As you state, it would allow Dareus to move to LDE where he could play a role similar to Wilkerson who had 16.5 sacks over the 2013 and 2014 seasons. Jerry Hughes is probably better athletically than Calvin Pace who had 15 sacks at ROLB over those two seasons. They will need to bolster the LB core thought...

Definitely Powell, he seemed on the verge of breaking out; I'd try to keep Hogan and Mills for depth and competition.

One simple example, the guy states that surpluses must be returned to the government, then says this is "the government confiscating Fed assets." That's confusing income flows with balance sheet values.

It's not an article; it's the rantings from someone who does not understand how the Fed works.

Watch that pal....

that's how I knew the housing bubble was at its peak, my mother-in-law bought a condo in Florida before the building was even built...

does anyone listen to forecasters who work for entities that have a vested interest in what they forecast?

This is the kind of **** that stokes conspiracy theorists. This guy doesn't understand how the Fed works at all. As the issuer of the nation's currency, the Fed does not operate like any other entity, nor should it. It's main function is to maintain stability of the financial system, and with its currency monopoly, it can do almost anything it wants, including operating with negative equity (this would've been the case when it bought all the bad **** from the banks during the crisis, as it was bought at market value, but was worth pennies on the dollar and carried at market value in various LLCs). It operates as an independent agency, but since it was created by an act of congress, congress can certainly change the act. It's well-known by anyone who follows this stuff that the Fed returns the interest it receives on its government bonds back to the Treasury, after it covers its costs and pays the banks a small dividend. This is why most people tend to exclude that $2 trillion in government debt held by the Fed when discussing the US government's "burden of debt".

Rex reporting to ownership lends credence to that as well.

Thanks. Unfortunately I'm stuck in this area. Got a recommendation on an Irish pub that has all games, so I'll give it a shot.

Miller is a rookie starter picked in R3. They obviously think enough of him to start over Urbik. I doubt Whaley is forcing them to do so. Three starters from 2014 and two from 2015 without an r1 pick. Once again, sheesh!

2013 was the transition year. DW brought in Monos and Fisher shortly after. It's still way too premature to judge him. That said, PB is in year 2, but yr 1 in Ryan's D. CK is 22, way too soon to call him a bust. Henderson IS an R7 starter. Johnson a good ST r7 pick. Cockrell might still be here if he wasn't injured through most of TC. Richardson an r5 pick, and you expect what? This year, Darby, miller, and Karlos and that's bad? Sheesh!

I'll be in the tenderloin district/downtown, any recommendations on where to watch the game would be appreciated.

Ahhh....the post season is always entertaining...