Thursday, August 20, 2009

Government's Gone Postal



Found here.

13 comments:

Christopher said...

Boring and stupid.

Christopher said...

It's also intellectually shrill and a gross exaggeration.

Josh said...

You're boring and stupid.

Christopher said...

Nah, those who don't understand the money flow and how a stimulus acts on the money flow are boring, and what's worse, they are liars..

Josh said...

Why are you being so hard on yourself?

Christopher said...

"Why are you being so hard on yourself?"

I understand that stimulus money stimulates people to spend or, at the very least, to save the stimulus to spend it in the future.

Josh said...

And where does the stimulus money come from?

Josh said...

And what happens after it runs out?

Christopher said...

"And where does the stimulus money come from?"

From taxes or borrowing. Why are you asking me such an obvious question?

"And what happens after it runs out?"

You what is funny. Canada, France, Japan, and bunch of other European countries are coming out of recession. Why is that? 1) Stimulus money, 2) lack of a significant portion of the population scared by "THE GOVERNMENT" crew. If people are not scared, they spend. It's a fact.

Josh said...

"From taxes or borrowing. Why are you asking me such an obvious question?"

And what are the affects of taxing and borrowing?

What data are you using to claim Canada is coming out of a recession? Unemployment is rising and consumer spending is shrinking...what are you talking about? And even if Canada is coming out of recession, its DESPITE the stimulus spending of which we have yet to feel the negative affects.

Christopher said...

"What data are you using to claim Canada is coming out of a recession?"

Positive growth for the quarter.

http://www.forbes.com/feeds/afx/2009/08/25/afx6813668.html

http://www.bloomberg.com/apps/news?pid=20601082&sid=aWWH3XKJD5Ng

And even if Canada is coming out of recession, its DESPITE the stimulus spending of which we have yet to feel the negative affects.

If Canada is coming out of the recession, the stimulus debt will become a moot point, because tax revenues will rise and the debt will be paid off.

Christopher said...

http://www.allheadlinenews.com/articles/7016209684?CIBC%20Forecasts%20Low%20Inflation,%20Interest%20Rates%20Despite%20End%20Of%20Recession

Christopher said...

http://www.forbes.com/feeds/afx/2009/08/25/afx6813668.html