The supply siders control the growth of the economy so why blame anyone but them for a sluggish recovery? That's like blaming your little brother for cookies YOU stole.

Ex are you serious... how much more % of the GDP should we " pump " into the economy before you realize that this Keynesian model is an abject failure ? At the current rate all our taxes will be used for debt service . Your problem is that you think that government is the solution . The austerity is to reduced government taking of the money that should be going into the private economy .

Hello again, tom:

Am I serious about saying that we're not going to grow while austerity measures are in place?? Uhhhh, yes..

Do I STILL believe that we should put people back to work instead of laying them off? Uhhhh, yes.

excon

with what ? Government jobs? Maybe our debt should be 2x the GDP... yeah ;prime that pump some more ! What money will be left for job creation ?

Hello again, tom:

Quote:

---

with what ? Government jobs ?

---

We own some bridges and airports. We'll ALWAYS own them. If we fix them now, or if we fix them later, it'll be government employees who do it. Right now interest rates are very low. It would financial, and possibly REAL suicide NOT to fix them.

If we did that, the fallout would be MILLIONS of private sector jobs. I know you don't understand this. But, THIS is what businessmen do. They INVEST in the future. You wanted a businessman to run things, didn't you?

I'm NOT sure that we don't need a few more security personnel at the State Department, too... I can think of a few embassy's that could use some beefing up. I don't think you understand that either.. You cut funding for security, and then you b!tch when people are killed.. I don't know how come you can't connect those dots...

Excon

Actually more government jobs would offset the private sector and all the previous presidents have used this tactic before during high layoffs. The government has shed a half million jobs since Obama, at least HIGH paying ones, which are counted in the unemployment statistics.

But the private sector is not growing fast enough, and that's because business make MONEY in a tight labor market, and can sit on trillions of dollars that could be circulated in the economy.

But if your only goal is a small weak government that services the rich with tax breaks and self written regulations then you guys are doing great, but the rest of us, NOT so well. When that changes and we fix the broken business model then circulation will be returned and we all prosper. But that's not what conservatives want is it? They want more second class citizens to service the first class ones.

Don't worry Tom, your loyalty to rich guys may make you a boss with a few perks someday.

Is one of them jobs programs building more Abrams tanks that the Army doesn't want ?
News from The Associated Press

Don't worry Tom we'll buy the old ones from you

Hello again, tom:

No. I didn't stutter.. I said bridges and airports. Oh, I'm sure you'll bring up welfare as a reason WHY we should let our bridges ROT...

Why do you want to make us a 3rd world country? Obama said just this morning, and of course you don't believe him, but there's a poll of the worlds best airports, and we didn't have ANY in the top 25. What about that makes you happy?

excon

Quote:

---

Originally Posted by tomder55

[Has all this pump priming made a difference ? Nah

I suppose the Dems will begin talking about a sluggish insignificant growth as the 'new normal'.

---

Yes the pump priming has made a difference it has kept your growth figures in the black

Sluggish insignificant growth may well be the norm for a number of years if you consider 2.5% sluggish insignificant growth. The US is not China although some projects to ugrade your inferstructure would not go amiss. You should be glad the figures are in positive territory you would like to think economic growth keeps pace with population growth. I definitely think you should build more roads to nowhere and some very fast trains and when you become a low cost country paying pittance wages again you too can have spectacular economic growth

You have to stop this love affair with China. Their growth is completely bogus and you know it.

I keep telling you Tom you have to see it from a different perspective. Asians aren't driven by a two year electoral cycle, they can take a long term view and build a building that can be empty for ten years or a train line to a town that isn't there yet. But they have lifted millions of their people, I don't expect they will get to your lofty standards but then you might not stay there for long. I take the view Tom that different systems can exist and that they may be valid. I don't have the mentality of a Chinese person, I want to see things happen now too, but I also know that what might be good and reasonable might not be a good fit. The three rivers project could never have been built in my country or yours, not because we couldn't do it but we don't possess the same typography and national will to sweep the environmentalists aside