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Not by itself, but spending and stimulus will definitely not.
User account number (aid): 51 Site Supporter
Posted by gsw_hoops on 2012-08-01 08:50:07

In Reply to: No, austerity will NOT bring you out of a recession, quite the opposite posted by DC Warrior on 2012-08-01 06:29:47

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"Moderation in temper is always a virtue; but moderation in principle is always a vice." -Thomas Paine

The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government."

Patrick Henry

Thread:

No, austerity will NOT bring you out of a recession, quite the opposite - DC Warrior 2012-08-01 06:29:47 (59 views)

Spending as a long-term strategy, austerity as a long-term one - buzz 2012-08-01 14:12:20 (50 views)

Either the US will become FAR more socialistic, or society will unravel beyond our imaginations - playmaker 2012-08-01 16:32:36 (37 views)

Ultimately, I think we will just expand coverage on basic services - buzz 2012-08-01 23:51:28 (31 views)

It's hard for a lot of people to swallow, but "retirement" isn't going to be what it once was. - Dick Nikon 2012-08-01 15:18:29 (44 views)

We can hire the elderly to play Words with Friends for us! - playmaker 2012-08-01 16:35:06 (31 views)

Not by itself, but spending and stimulus will definitely not. - gsw_hoops 2012-08-01 08:50:07 (38 views)

WRONG. We had our own Great Depression,Argentina recently abandoned Austerity - rem rehab 2012-08-01 10:48:03 (42 views)

I can show you an article that says something a little - gsw_hoops 2012-08-01 12:11:29 (37 views)

Why havnt you answered my Obama taxes question? - Hoser 2012-08-01 09:30:23 (34 views)

I did. WTF is wrong with you. What an idiot. - gsw_hoops 2012-08-01 12:09:37 (25 views)

You did not, you lying coward - Hoser 2012-08-01 16:54:22 (33 views)

Even though it has every time before. - playmaker 2012-08-01 09:27:39 (31 views)

No, it hasn't. - gsw_hoops 2012-08-01 12:05:14 (28 views)

So what do you think is the reason for the almost universal call for austerity on the right? - nomad 2012-08-01 07:52:00 (46 views)

Since when is getting one's fiscal house in order controversial? - gsw_hoops 2012-08-01 08:48:42 (42 views)

too bad your party nixed a 10-1 spending cut to tax raise deal earlier - gribble the mispost master 2012-08-01 09:12:46 (35 views)

note that almost no economists are saying what you are saying - DC Warrior 2012-08-01 09:10:58 (39 views)

US Debt: $15.8 trillion. Held by public: $11T, intragovernmental: $4.8T - nomad 2012-08-01 09:24:17 (37 views)

Another US debt fact: When Republicans controlled Congress & the Presidency, it increased $2T+ - nomad 2012-08-01 09:52:42 (32 views)

Focus: Very few Republicans back then were Conservative, - gsw_hoops 2012-08-01 12:08:25 (39 views)

I'm implying that they can't be trusted. - nomad 2012-08-01 12:18:16 (34 views)

Simple combination of greed and ideological opposition to government IMO - playmaker 2012-08-01 08:15:05 (34 views)

Austerity is code for laissez faire. - Cohan sold the Dubz! 2012-08-01 08:05:57 (42 views)

no, it's not. at all. You can be austere AND heavily regulated. - DC Warrior 2012-08-01 09:00:44 (36 views)

Technically, yes. But not in this environment. - Cohan sold the Dubz! 2012-08-01 11:56:18 (40 views)

Austerity means a weaker government - Zaphod 2012-08-01 09:36:50 (39 views)

depends. Most of the spending the US and European governments have today are entitlements - DC Warrior 2012-08-01 09:49:47 (35 views)

in the US, it's political - DC Warrior 2012-08-01 08:01:59 (48 views)

It will be interesting to see how France does. New financial transaction tax starts today - nomad 2012-08-01 08:36:19 (88 views)

That needs to happen worldwide - gribble the mispost master 2012-08-01 09:11:16 (33 views)

Agree. All the counterarguments I've read seem quite weak. - nomad 2012-08-01 09:25:33 (31 views)

The counter arguments are: Noooo! I still want to make free money while - gribble the mispost master 2012-08-01 10:24:44 (37 views)

zero liability and risk? Against billions in trading losses if someone screws up? - DC Warrior 2012-08-01 10:40:51 (36 views)

I am talking about high-speed (frequency) trading. - gribble the mispost master 2012-08-01 10:50:07 (33 views)

who are they stealing from? - DC Warrior 2012-08-01 11:16:30 (40 views)

This 'steals' from everybody - gribble the mispost master 2012-08-01 11:50:12 (36 views)

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