venting economics

[jacobo]

how does borrowing money fix a spending problem? (it gets political after this so cover your virgin ears) *** bush (an elephant) spends on war and "stimulous packages" that don't work and blames the donkey. obama (a donkey) spends on healthcare and "stimulous packages" that don't work and blames the elephant. *** my question: who's going to start saving and stop spending? on a basic level it works like a damn piggy bank.... and we need to get back to basics.

[Adam]

<ignore>

[jacobo]

i said "cover your virgin ears" not ignore the issue.

[Adam]

Sorry I meant ignore my post - I edited it because I miss-read what you wrote and wrote a rant about the wrong subject LOL

[NonDualistic]

Its not a question of they, but a question of we We vote in what it is we want We vote in the same direction we travel If a large percentage of voters recieve a government check How many are willing to vote that income away? It all comes down to -when are WE going to be willing to do without?

[sleepingdog]

we have a debt problem. if govt borrows in order to be able to use money (our money) to invest in infrastructure, etc, it creates jobs. that generates taxes and helps stabilize the market (more disposable income available). it's also spent on social programs that take some of the burden from poor families and such, allowing their income (maybe our income, like social security) to be spent elsewhere. like drugs. this also helps the economy, as that drug dealer will likely spend his money on some sweet shit to impress his girls. in the end, we all win. that's the basic idea i think. dunno. but i do know that health care sucks, and if we stop putting that huge amount of money down the hole and come up with a better and less expensive system, like canada's, we could save tons of money in the long run, by not having so many people defaulting on their debts, which sucks for the banks, and then us again. bottom line is; the pseudo-science of economics is to blame for everything wrong in the world (and you thought it was god! HA!)

[jacobo]

we have a debt problem. if govt borrows in order to be able to use money (our money) to invest in infrastructure, etc, it creates jobs. that generates taxes and helps stabilize the market (more disposable income available). it's also spent on social programs that take some of the burden from poor families and such, allowing their income (maybe our income, like social security) to be spent elsewhere. like drugs. this also helps the economy, as that drug dealer will likely spend his money on some sweet shit to impress his girls. in the end, we all win. that's the basic idea i think. dunno. but i do know that health care sucks, and if we stop putting that huge amount of money down the hole and come up with a better and less expensive system, like canada's, we could save tons of money in the long run, by not having so many people defaulting on their debts, which sucks for the banks, and then us again. bottom line is; the pseudo-science of economics is to blame for everything wrong in the world (and you thought it was god! HA!) hokay... well i agree to a point. in a less sarcastic way, but still agree. -pseudo-economics tries to explain everything. -pseudo-economics does not know party lines. question: how is investing in a failing company a good investment? jacob's answer: it's not. other answer: it creates jobs for people and in-turn those people pay more taxes and then buy more stuff. how can you invest more and more borrowed money and expect a return? -- in-fact... HOW CAN YOU INVEST BORROWED MONEY? that's like betting on a damn racehorse. harrumph. i'm done. just needed to get that out.

[Invader]

how does borrowing money fix a spending problem? It doesn't. Expect 2010 to be much better worse. Being indebted to other countries is only just beginning to bite us in the ass.

[Xaqaria]

The problem is that saving is not how it works. Our economy is driven by constant spending. I agree that this is a problem, but because the entire system works this way, the only options are either; figure out how to keep spending or change the whole system ("the system" being the economy of the entire planet), and no one wants to be the one to try the second option.

[jacobo]

The problem is that saving is not how it works. Our economy is driven by constant spending. I agree that this is a problem, but because the entire system works this way, the only options are either; figure out how to keep spending or change the whole system ("the system" being the economy of the entire planet), and no one wants to be the one to try the second option. let me fix your economics here... no successful system in the world is built on selling. no successful system in the world is build on spending. the point i was trying to make when i wrote this post was: putting money into a failing system... won't fix the system. my point... both parties are wrong. vote libertarian. neal boortZ ROXxors.

[Xaqaria]

let me fix your economics here... no successful system in the world is built on selling. no successful system in the world is build on spending. the point i was trying to make when i wrote this post was: putting money into a failing system... won't fix the system. my point... both parties are wrong. vote libertarian. neal boortZ ROXxors. Stating that you don't like how the world is run doesn't fix the problem either. Come up with a better system, we'll all be waiting.

[wendylove]

13 year old kid thinks he got the world figured out \thread bush (an elephant) spends on war and "stimulous packages" that don't work and blames the donkey. obama (a donkey) spends on healthcare and "stimulous packages" that don't work and blames the elephant. *** my question: who's going to start saving and stop spending? on a basic level it works like a damn piggy bank.... and we need to get back to basics. Firstly, Bush did a bail out not a stimulus package. Secondly, if everyone starts saving then nothing will be brought, hence car makers will go burst, food industry will go burst, nobody will buy house hence that collaspses. The clothes stores will shut down because nobody is buying clothes. Society works on the idea of spending. Yeah, people should live within means but if everyone started saving then everything will get worse. Hence the Government stepping in spending since comsumers aren't spending as much. the point i was trying to make when i wrote this post was: putting money into a failing system... won't fix the system Actually, if you look at the japanese banking crisis you will see this is wrong. Also, the economy tends to go in cycles of boom then bust. P.S. Granted, its not that good. Certainly, China has to gets chinese spending more as then that would ofset the global imbalance in comsumerism. P.P.S. Got a better system?

[jacobo]

xaqaria, you missed the last part of my post there tiger.

[jacobo]

wendy, when i say pouring money into a problem is a bad idea... i think it's a bad idea regardless of party lines. obama pouring money into this economy is the same as bush pouring money into a war. so chut up and don't talk schitt until you get your GED.

[Xaqaria]

xaqaria, you missed the last part of my post there tiger. No I didn't.

[jacobo]

No I didn't. so when i said "vote libertarian" you just went space cadet on me.

[Xaqaria]

so when i said "vote libertarian" you just went space cadet on me. Your solution is to vote someone into office to come up with a solution for you. Congratulations, thats what we've been doing for the last 239 years.

[jacobo]

Stating that you don't like how the world is run doesn't fix the problem either. Come up with a better system, we'll all be waiting. i might have to dumb this down for you... v-o-t-e l-i-b-e-r-t-a-r-i-a-n. better system. i think it will fix the problem. if i have to say it three times i'm like 90% you're retarded.

[jacobo]

Your solution is to vote someone into office to come up with a solution for you. Congratulations, thats what we've been doing for the last 239 years. that's democracy... to bad there's a socialist in office and not a libertarian

[Xaqaria]

sorry maybe i should explain what a libertarian is to you since you obviously don't have a handle on the idea. a libertarian thinks that government should have little to no role in our daily lives. my views stray from a hard core libby but i just thought i would let you know before you stuck the other foot in. I'm going to be as nice about this as I can, because there was a time when all of us were young and had the idea that the world is a simple place. The problems of the world are not going to be solved by voting. Despite your attempts at condescension, I am well aware of what libertarianism is. Tell me, what office are you planning on voting a libertarian into? Even if you could get one as high as senator, they would still be one against everyone else and, like I said, they would be the one that would be forced to come up with a real solution and then attempt to convince the whole of the rest of our government (not to mention every other government and private industry leader in the world) to change. What you are really saying is that you really don't know what the solution is, and you hope you can get a free thinking libertarian to step in to some as of yet unnamed political office and sweep the world off its feet with their progressive ideas. I'm sorry to say this, but greater minds than yours have been attempting this same sort of half-fix for the better part of the last 50 years and other similar ones for just about as long as this country has existed and what have they accomplished? Absolutely nothing. Bankers still run the world and libertarians still don't get anything done. Like I said, Figure out something better. We will all be waiting, although judging by your performance in this thread, I doubt any of us will be holding our breath. Edit: Interesting that you felt you needed to edit your post and then add another one just to be more of dick than you were originally.

[jacobo]

Like I said, Figure out something better. We will all be waiting, although judging by your performance in this thread, I doubt any of us will be holding our breath. i don't know how many ways i have to say it... less government is my "something better" THREE TIMES! THAT'S A HAT TRICK!!!

[tkdyo]

dude...you are making the rest of us libertarians look bad. take a step back, breathe deep and actually explain yourself. just saying vote libertarian is not going to convince anyone...you have to give explinations.