Epitome of perfection update: U.S. GDP grows a scant 0.2% in first quarter

[akphidelt]

HA HA HA HA HA HA
HA HA HA HA HA HA
HA HA HA HA HA HA!!!

"What you got to do is to try an realize that the Govt isn’t an actual thing with wants and needs. It is a group of people that represent the 310 million American’s. So when the “Govt” spends it credits our physical bank accounts putting more money in to the economy. When it taxes it debits our physical bank accounts taking money out of the economy."

ointer:

Um, "the government" needs ~$3.4 trillion per year to operate.

What is even funnier about this moronic babble is the stupid linear thinking. The government either spends 'crediting us' or taxes 'debit to us' Never mind that the government taxes to spend. Not only does the government tax to spend, the government taxes $3 to spend $1.

What an absolute moron this guy is.

Unbelievable.

The government doesn't actually use your tax dollars to spend. It doesn't need any money to spend. All that happens in the background for audit purposes because of man made rules around government financing.

 

[Acebb]

The government doesn't actually use your tax dollars to spend. It doesn't need any money to spend. All that happens in the background for audit purposes because of man made rules around government financing.

HA HA HA HA HA HA!

This dipshit actually typed "man made rules" as if currency, the Fed, or the Government aren't man made!

And only a complete & utter fucking moron would say the government doesn't use tax dollars to spend. (The individual income tax has been the largest single source of federal revenue since 1950, averaging 8 percent of GDP.)

My God, what an idiot.

 

[Acebb]

On Hayek's 119th Birthday, this speech is worth re-reading.

Note that Hayek, Nobel Prize winner, believed Government needed money to spend.

 

[akphidelt]

HA HA HA HA HA HA!

This dipshit actually typed "man made rules" as if currency, the Fed, or the Government aren't man made!

And only a complete & utter fucking moron would say the government doesn't use tax dollars to spend. (The individual income tax has been the largest single source of federal revenue since 1950, averaging 8 percent of GDP.)

My God, what an idiot.

Just making a point that you clearly won't understand. That there is no connection between the way the government spends versus the way it collects taxes. But you struggle with terms like liquidate and policy... so this will go way over your head.

 

[SheriffJoe]

Paul: The government borrows money from the big bank in the sky. It's like this totally complicated subject most people can't understand, but once you read enough Keynesian textbooks it totally makes sense.

akphidelt: Yes, I can confirm everything he's saying is true!

http://www.enemyofdebt.com/the-gover...t-should-they/

Which one is Paul? ointer:

 

[akphidelt]

Paul: The government borrows money from the big bank in the sky. It's like this totally complicated subject most people can't understand, but once you read enough Keynesian textbooks it totally makes sense.

akphidelt: Yes, I can confirm everything he's saying is true!

http://www.enemyofdebt.com/the-gover...t-should-they/

Which one is Paul? ointer:

It's been like 5 years and you still don't get it. The fact you don't understand that a country which has it's own made up currency simply makes the currency out of thin air is hilarious. It's very simple. You believe our monetary system runs off magic. I don't.

 

[JDeuce]

The government doesn't actually use your tax dollars to spend. It doesn't need any money to spend. All that happens in the background for audit purposes because of man made rules around government financing.

If that were true, no government would bother collecting taxes since there would be no point in doing so. They'd just print their own money instead.

I really have no idea what dog and pony show you're referencing above...but (and I mean this sincerely) you are a complete fucking lunatic.

 

[akphidelt]

If that were true, no government would bother collecting taxes since there would be no point in doing so. They'd just print their own money instead.

I really have no idea what dog and pony show you're referencing above...but (and I mean this sincerely) you are a complete fucking lunatic.

No, that doesn't need to be the case to tax. There can be other reasons. You're not smart enough to understand this stuff. You are on the Joe level. Seriously.

 

[akphidelt]

The fact you guys are still this dumb after all these years is not surprising but it still needs to be pointed out. The Government has spent trillions more than it has taxed the last 6 years with no problems whatsoever. If you still believe they can only spend by taxing or borrowing from some existing pool of money than you are an absolute retard. The Govt can tax $0 and still spend as many trillions as it wants. Doesn't need China to lend them its own money, doesn't need to raise taxes, doesn't need to borrow from private citizens, none of that. It's amazing how dumb you guys continue to be even after witnessing it with your own eyes.

 

[Acebb]

Look how awful this "recovery" is for the midwest

 

[akphidelt]

Obstruct and blame. I've said it was going to be bad for the last 5 years. If you're not willing to fix the economy and take a stance on actually starving it from what it needs, you're going to have problems. Luckily for previous Republican presidents, they didn't have those obstacles. Pretty much Obama is the first one to be met with this complete obstruction.

 

[Dave007inVegas]

Obstruct and blame. I've said it was going to be bad for the last 5 years. If you're not willing to fix the economy and take a stance on actually starving it from what it needs, you're going to have problems. Luckily for previous Republican presidents, they didn't have those obstacles. Pretty much Obama is the first one to be met with this complete obstruction.

Obama said of his plan to fix the financial crisis that "if I don't have this done in three years, then there's going to be a one-term proposition."

And keep in mind he had control of Congress when he said it.

So you can stop the obstruct and blame bullshit and just admit your lord and savior is incompetent and unable to succeed at anything.

 

[akphidelt]

Obama said of his plan to fix the financial crisis that "if I don't have this done in three years, then there's going to be a one-term proposition."

And keep in mind he had control of Congress when he said it.

So you can stop the obstruct and blame bullshit and just admit your lord and savior is incompetent and unable to succeed at anything.

He said that and he was wrong. But people understand that he was wrong because he met unprecedented obstruction. People weren't dumb enough in 2012 to believe the Repubs that it was Obama's fault the economy wasn't recovering. People knew what the Republicans were doing to stop it. You might be able to fool dumb people here at the RX, but the majority of non-southern Americans understood what the Repubs game plan was. Even Bob Dole told your asses you should take a year off because of how despicable you guys have become.

Obstruct and blame!

 

[Dave007inVegas]

He said that and he was wrong. But people understand that he was wrong because he met unprecedented obstruction. People weren't dumb enough in 2012 to believe the Repubs that it was Obama's fault the economy wasn't recovering. People knew what the Republicans were doing to stop it. You might be able to fool dumb people here at the RX, but the majority of non-southern Americans understood what the Repubs game plan was. Even Bob Dole told your asses you should take a year off because of how despicable you guys have become.

Obstruct and blame!

I told you to lay of the sauce, but NOOOO!

 

[SheriffJoe]

Veto-proof majority in Congress = "obstruct and blame" LMFAO

The Alaskan retard never gets anything right.

 

[JDeuce]

He said that and he was wrong. But people understand that he was wrong because he met unprecedented obstruction. People weren't dumb enough in 2012 to believe the Repubs that it was Obama's fault the economy wasn't recovering. People knew what the Republicans were doing to stop it. You might be able to fool dumb people here at the RX, but the majority of non-southern Americans understood what the Repubs game plan was. Even Bob Dole told your asses you should take a year off because of how despicable you guys have become.

Obstruct and blame!

You work in stupidity like Rembrandt worked in oils.

As Joe pointed out, the Stuttering Clusterfuck had a veto-proof Congress in front of him. What exactly did the Republicans "obstruct" during that time?

How's the family, anyway?

 

[akphidelt]

Racist JDouche and Joe, the ultimate tag team... lmao! Quality individuals right there.

 

[akphidelt]

Veto-proof majority in Congress = "obstruct and blame" LMFAO

The Alaskan retard never gets anything right.