meazza

My view is similar to Mr Gecko's. The private sector is sitting on a lot of cash because of the uncertainty in Washington. All these added regulations such as Dodd-Frank and Basel III are making the smaller enterprises un-competitive and being swallowed up by the large banks. I'm not a fan of full on austerity since it will have negative consequences (protests, strikes) but if these issues don't get solved, then you and not the old blokes in this thread will eventually pay more taxes than you can imagine to pay off the explosion in liabilities.

I think you should give your economics degree back.

How has high taxation and leftist policy fared in the rest of Europe? We could do this all day. Once again, no one (who should be taken seriously) is calling for austerity now but attempts at showing the world that America is at the very least serious in reforming their future entitlements that will be bankrupt within a decade will do a lot for confidence.

If you reform a program now for a certain group of people under a certain age, it will probably go smoother than in 10 years where it will be draconian. Pot meet kettle.

There has been fiscal stimulus and monetary stimulus with the clear incentive of tackling high unemployment. How's that holding up for you? The only reason US debt is not being sold off at periphery levels is because, as I said above, the US debt is the cleanest dirty shirt . As Magox has repeated over and over, the conservatives such as Romney did not want to cut benefits now but put in place a plan that addresses them in the future. As for, "addressing it later", yeah I hear the same thing from my nephews when I yell at them to do their homework. Yes many health problems are related to a ****ty diet and lifestyle such as smoking and the ever increasing tendency for people to treat their bodies like a toilet bowl but health care costs always increase. Look at Canada, the government has been throwing money into that pit for the last 20 years and it is a mess. It is an unsolvable problem.

Because politics shouldn't interfere with his analysis. There is a difference from being "left leaning" or "right leaning" and voicing an opinion and simply being "Republicans suck at everything" and "Liberals rock" which is what I call the Ann Coulter approach. Watch a Coulter interview, she can't finish a conversation without "Liberals suck" because she is so !@#$ing blind in her partisan beliefs that it makes it hard for anyone that isn't a partisan hack to listen to her speak. Even if I may agree with some of the things she says, I still think she's a tool, and that is precisely what Krugman is.

http://www.zerohedge.com/news/2013-01-30/ken-aint-different-rogoff-crushes-infinite-dream-crude-keynesian-stimulus

I get it. So since Latvia sucks as a place to live generally because it is Latvia and not related to its economic policies, then Krugman is right? You may share the same ideology with the bearded douche but you can't deny that he's a partisan hack just as Sowell has now become.

Explains a lot

My mom once threw a shot at me. Arm of Roger Clemens on juice. Certainly never did whatever the hell I did again.

Reminds me of this : http://online.wsj.com/article/SB10001424052702303665904577452022368273502.html

Oh. I thought MDP = EII and as much as he makes absolutely no sense, no one can compete with that dude.

MDP?

So Magox = TYTT. Brilliant.

I prefer this one:

I'll defer to the experts on this one: Here is one of the most comprehensive expert opinion on this matter:

So it's Republicans fault that the economy contracted http://www.realclearpolitics.com/video/2013/01/30/carney_blames_republicans_in_congress_for_contracting_economy.html Y'all deserve this for voting for this clown.

That's what is surprising. It's quite clear.

You are either trolling or don't know how to read. What we are branding as ridiculous is how someone could say that the reason the economy contracted is because of austerity which is ridiculous because there has been no such thing. If that **** confuses you, then you are worse than NJSue.

Love the comment: WHAT AUSTERITY???

How do you deal with health related costs? I don't know any doctors that are willing to take a pay cut and the increasing costs has to pay for the expensive R&D somehow.

Generally speaking, the higher taxes that exist on the wealthy get transferred down to the middle class whether you like it or not. If you want real life proof, take a walk through the mess they call Europe or you could just drop by my town and see real life leftist garbage for your own eyes.

Yes because clearly there has been a lack of Mexican immigrants as of now. Jose can you see...

I guess we know who reads those Krugman blogs

It most likely has something to do with the fact that they showed up wasted to every meeting.