Thursday, August 20, 2009
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Random thoughts and interesting tidbits. . .
. . .focused on current economical and political events.
"But rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."
Thomas Jefferson
13 comments:
Boring and stupid.
It's also intellectually shrill and a gross exaggeration.
You're boring and stupid.
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..
Why are you being so hard on yourself?
"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.
And where does the stimulus money come from?
And what happens after it runs out?
"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.
"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.
"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.
http://www.allheadlinenews.com/articles/7016209684?CIBC%20Forecasts%20Low%20Inflation,%20Interest%20Rates%20Despite%20End%20Of%20Recession
http://www.forbes.com/feeds/afx/2009/08/25/afx6813668.html
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