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  #1  
Old 02-02-2018, 04:31 PM
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whell whell is offline
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Originally Posted by finnbow View Post
Because deficit spending is exactly the right thing to do to jump start an economy in a death spiral. It is, however, contraindicated for an economy at full employment due to inflationary concerns.
Right, 'cuz that worked so well the last time it was tried.
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Old 02-02-2018, 04:37 PM
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Right, 'cuz that worked so well the last time it was tried.
Are you disputing the point I made?
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  #3  
Old 02-03-2018, 09:33 AM
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Are you disputing the point I made?
I think the evidence tends to dispute your point.
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  #4  
Old 02-03-2018, 09:41 AM
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I think the evidence tends to dispute your point.
Bullshit. Every economist worth his weight in shit supports deficit spending to stimulate a recovery and not one advocates increased deficit spending to stimulate an economy already at full employment. This happens to be the very same reason that virtually no economist supports a Balanced Budget Amendment as it would kill the ability to stimulate an economy in times of need. You really need to study and understand economics a bit better if you don't want to continue making such a fool of yourself.
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Old 02-03-2018, 10:01 AM
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Is the United States Really at Full Employment?
https://seekingalpha.com/article/410...ull-employment
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Old 02-03-2018, 10:22 AM
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Is the United States Really at Full Employment?
https://seekingalpha.com/article/410...ull-employment
I'd say it is, if you define full employment as the level below which inflation starts to rear its ugly head.
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Old 02-03-2018, 10:54 AM
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I'd say it is, if you define full employment as the level below which inflation starts to rear its ugly head.
Thank you, General Mainstream. The labor force participation rate section of the article is quite interesting. Did you read it?

Another perspective: The Fed's Long-Awaited Wage Inflation Is at Hand. https://www.bloomberg.com/view/artic...ion-is-at-hand
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Last edited by nailer; 02-03-2018 at 11:24 AM.
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Old 02-02-2018, 04:51 PM
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Right, 'cuz that worked so well the last time it was tried.
You mean Obama's economic recovery from the recession of 2008. Worked pretty good in spite of partisan sabotage.
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Old 02-02-2018, 08:46 PM
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Right, 'cuz that worked so well the last time it was tried.

Trump has made you batshit crazy bro. Hope you get better soon.
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  #10  
Old 02-03-2018, 09:25 AM
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Trump has made you batshit crazy bro. Hope you get better soon.
Hope you learn how to participate in this forum like an adult soon....
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