Thread: Democrats Answer To An Ailing Economy

This is a very suspect statement in general. Hoyer is quoting 'some' economists, and they are not specified. Why does it make me think that Paul Krugman is all over this? It sounds just like him.

I disagree with this assertion.

The simulative effect, and it's a long last one at that, is employment for the unemployed. This represents a 'double' gain. Not only does it save the government from continuing to support a formerly unemployed person, it also allows the now employed person to spend far more money than when unemployed. During unemployment many purchases are deferred, and quite rightly so. Newly employed, and all those deferred purchases tend to be made in the following months.

It's very telling that Hoyer and other liberals think this (didn't Pelosi also make this statement?) Why work when you can collect from the government? The government can fund all of this entitlement by tax businesses more, right? They've got all the money, right?

This is not going to lead to a greater country. This will lead to fiscal impolsion. This is a foolish direction, a foolish point of view, and a foolish policy. I mean seriously! They can't seriously think this, can they?

The most worrisome part of the story is this:

The Congressional Budget Office (CBO has projected that if the Bush tax cuts are allowed to expire at the end of 2012, coupled with the defense cut sequester, it will lead to a 1.3 percent contraction in GDP after Jan. 1, 2013.

Hoyer: Food Stamps, Unemployment Insurance 2 'Most Stimulative' Things for Economy | CNSNews.com

We are already at minimal GDP growth, and if we cut 1.3% off of that, what will we be at? 0%? That can't be good for anyone.

They are the most stimulative if you believe that consumer spending on low cost goods is the primary mover of the economy. I think that reasoning is a little shaky. Given how much of that money is going to be spent on food, it mainly benefits the already prosperous agriculture sector.

Another achievement in fixing the economy through unemployment and food stamps.

USDA partnering with Mexico to boost food stamp participation

Read more: USDA partnering with Mexico to boost food stamp rolls | The Daily Caller

It's a moral imperative for a civil society to help out the least among them.

It is not a cure to our economic crisis, but a fund that taxpayers have been paying into all of their lives and every time they buy stuff.

The solutions to our economic crisis lied in Wall Street reforms that were not able to pass because of GOP obstruction. Democrats are a corporatist party nowadays, too, but they were willing to bring back some sanity among all the reckless deregulation that went on by both parties in the decade or so before the Great Recession, which caused it.

The Jobs Bill that the GOP House will not pass is another solution to help the economy, a bill that Republicans of yesteryear would have passed. But mental patients and know-nothings have taken over that party now, and today's Republican cheers for the downfall of their own economy if they think it will hurt the black guy in the Oval who's prolly not even an American anyway.

Originally Posted by Jason Marcel

It's a moral imperative for a civil society to help out the least among them.

It is not a cure to our economic crisis, but a fund that taxpayers have been paying into all of their lives and every time they buy stuff.

The solutions to our economic crisis lied in Wall Street reforms that were not able to pass because of GOP obstruction. Democrats are a corporatist party nowadays, too, but they were willing to bring back some sanity among all the reckless deregulation that went on by both parties in the decade or so before the Great Recession, which caused it.

The Jobs Bill that the GOP House will not pass is another solution to help the economy, a bill that Republicans of yesteryear would have passed. But mental patients and know-nothings have taken over that party now, and today's Republican cheers for the downfall of their own economy if they think it will hurt the black guy in the Oval who's prolly not even an American anyway.

Do you just make this stuff up as you go along?

Just what fund have tax payers been paying into all their lives when they buy stuff?

I thought the Democrats rammed Dodd Frank through the legislature. If that was a solution for our economic woes, it wasn't billed that way and certainly hasn't had any positive effect on the economy.

As far as a jobs bill goes, the Dems had complete control of the government shortly after OBama was elected. They could have passed any jobs bill they wanted, over the objections of Republicans, just as they did with the ACA. Don't blame Republicans.

Originally Posted by Jason Marcel

It's a moral imperative for a civil society to help out the least among them.

No it isn't.

Originally Posted by Jason Marcel

It is not a cure to our economic crisis, but a fund that taxpayers have been paying into all of their lives and every time they buy stuff.

WTF?

Originally Posted by Jason Marcel

The solutions to our economic crisis lied in Wall Street reforms that were not able to pass because of GOP obstruction. Democrats are a corporatist party nowadays, too, but they were willing to bring back some sanity among all the reckless deregulation that went on by both parties in the decade or so before the Great Recession, which caused it.

What is this "our" shit, Canadian?

Originally Posted by Jason Marcel

The Jobs Bill that the GOP House will not pass is another solution to help the economy, a bill that Republicans of yesteryear would have passed. But mental patients and know-nothings have taken over that party now, and today's Republican cheers for the downfall of their own economy if they think it will hurt the black guy in the Oval who's prolly not even an American anyway.

Once again, when the fuck did you become an American, exactly?

Oh wait, you're not.

WE may feel free to insult our reps all we want. YOU may feel free to keep your mouth shut.