United States Austerity: Government now spending less nominally than Bush

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Back to cartoons. It's funny watching Joe meltdown. Whenever he doesn't have a response, he resorts to cartoons. The guy is a loon. But he has Willie and FesteringZit to back him up. That would make me confident, lol.
 

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Dang look at Big Government Reagan go!! What a Keynesian stud he was! It's funny how conservatives love Reagan and the recovery he had and yet it was the greatest example of Keynesian economics we have. Talk about irony!!

debt-increases-by-president.jpg
 

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Largest decrease in year to year spending in over 55 years!! Austerity at it's finest. Obstruct and blame Republicans, obstruct and blame.

fredgraph.png
 

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Ahhh yes, I get it. Spending money on wars is fine. Spending money on welfare, infrastructure, education, technology, etc... will destroy the country and cause massive hyperinflation. It's amazing how you guys come up with these things, lol. But hilarious nonetheless. Like Krugman and Martin Feldstein says, the government is so messed up, that the only thing that would create the necessary amount of spending we need to grow the economy is a massive war. That's how messed up this country is.


In all my years on the forums, I've never seen a bigger clueless idiot than you.
 

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In all my years on the forums, I've never seen a bigger clueless idiot than you.

I get that from people like you and Sheriff Joe. For some reason, it just makes me more confident that I know what I'm talking about, lol. Stick to talking about the ugly chicks you pick up on weird websites. That's more your style.
 

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Back to cartoons. It's funny watching Joe meltdown. Whenever he doesn't have a response, he resorts to cartoons. The guy is a loon. But he has Willie and FesteringZit to back him up. That would make me confident, lol.

Because its the only thing an ignoramus like you understands, cartoons. I have to lower myself to your intellectual level to teach you rudimentary economics. Time and again you have proven that you are simply incapable of a rational discussion/debate. Your econ prof fried your rational thinking ability.

If the government gives me money to go buy toys, diapers, stuff etc., where does the government get the money from?

1) Taxes (loss of productivity)
2) Borrowing (against future productivity)
3) Printing (inflation)

None of these create a cent wealth.

There is no such thing as a "creating wealth out of thin air"...there is no such thing as a free lunch.

As MANY people have noted on numerous occasions, you are a troll and beyond hope because you're a Keynesian and Keynesians are DROWNING in fallacies!
 

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Because that's the only thing an ignoramus like you understands, cartoons. I have to lower myself to your intellectual level to teach you rudimentary economics.

If the government gives me money to go buy toys, diapers, stuff etc., where does the government get the money from?

1) Taxes (loss of productivity)
2) Borrowing (against future productivity)
3) Printing (inflation)

None of these create a cent wealth.

There is no such thing as a "creating wealth out of thin air"...there is no such thing as a free lunch.

As MANY people have noted on numerous occasions, you are a troll and beyond hope because you're a Keynesian and Keynesians are DROWNING in fallacies!

I'm only a troll because you guys don't like facts. I'm sorry, but I'm always going to be a facts oriented person, if you guys can't handle it than that's your bad.

So if you sell diapers, how do you know if the person buying them got the money from the government or "working hard in the private sector"?
 

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I'm only a troll because you guys don't like facts. I'm sorry, but I'm always going to be a facts oriented person, if you guys can't handle it than that's your bad.

So if you sell diapers, how do you know if the person buying them got the money from the government or "working hard in the private sector"?

:missingte

You are full of shit. You hide behind intimidating words like "facts" and "educated"...when its the polar opposite.

You're not fooling anyone clown...I've got you pegged.

"So if you sell diapers, how do you know if the person buying them got the money from the government or "working hard in the private sector"?

THAT'S YOUR MIRACLE THEORY???

And you lecture conservatives about the inability to discern between micro and macro? LMFAO!

WHERE DOES THE GOVERNMENT GET ITS MONEY FROM, FRATFRAUD????

You are BEYOND retarded!

:pointer:
 

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:missingte

You are full of shit. You hide behind intimidating words like "facts" and "educated"...when its the polar opposite.

You're not fooling anyone clown...I've got you pegged.

"So if you sell diapers, how do you know if the person buying them got the money from the government or "working hard in the private sector"?

THAT'S YOUR MIRACLE THEORY???

And you lecture conservatives about the inability to discern between micro and macro? LMFAO!

WHERE DOES THE GOVERNMENT GET ITS MONEY FROM, FRATFRAUD????

You are BEYOND retarded!

:pointer:

Where does anyone get their money? From someone else. Or in the case of banks and the federal reserve, they just type numbers in to a computer. Not really tricky. And yes, I do realize facts and education are intimidating words to you, lol. Just start asking me questions, I can actually make you smart. Because you are going to be relegated to conservative blogs the rest of your life and get passed by, by much smarter people than you. Sucky life to live.
 

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"Does destruction create jobs? After natural disasters, terrorist attacks, and wars, some people argue that these disasters are good for the economy, because they create jobs and prosperity. As Prof. Art Carden of Samford University explains, this is an example of the "broken window fallacy," a term coined by Frederic Bastiat. When a shopkeeper's window is broken, he will spend money on a new window, which gives income and jobs for glaziers. This activity is "seen," but the "unseen" is just as important: the money spent on a new window could have been spent on other things. Wealth has not increased, but only reallocated from some people to others, and society is worse off by one window."

So simple a child can understand...but not Keynesians. Nope, Keynesians believe in magic.

WonderfulStimulus.jpg
 

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Where does anyone get their money? From someone else. Or in the case of banks and the federal reserve, they just type numbers in to a computer. Not really tricky. And yes, I do realize facts and education are intimidating words to you, lol. Just start asking me questions, I can actually make you smart. Because you are going to be relegated to conservative blogs the rest of your life and get passed by, by much smarter people than you. Sucky life to live.

:Carcajada:
 

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:Carcajada:

If you understood very simple accounting you would understand what I'm talking about. But you are really dumb and literally can't comprehend how our economy works. It's pure magic to you. That's why you can't have an intelligent conversation. Embarrassing. Was fun owning you again though. Love making arrogant conservatives look like retards. One of my hobbies.
 

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This is one of the stupidest posts I've ever read.

First of all, the person who started the thread does not even know what "nominal spending" is and that is revealed in the sourcing. See, TPM is a liberal rag, and the Marketwatch column this was all based on was obliterated by the Associated Press and the Washington Post.

What makes the person who started this thread even weirder is that this stupid leftist talking point is two years old.

Anyway, this is an actual OMB table, not from TPM or some other silly leftist blog

Federal-outlays-as-a-percentage-of-GDP.jpg


Ok, you lose.

Thanks,

Bye
 

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If you understood very simple accounting you would understand what I'm talking about. But you are really dumb and literally can't comprehend how our economy works. It's pure magic to you. That's why you can't have an intelligent conversation. Embarrassing. Was fun owning you again though. Love making arrogant conservatives look like retards. One of my hobbies.

You have been OWNED, clown... but as usual, you are too STOOOOOPID to realize it.

"Or in the case of banks and the federal reserve, they just type numbers in to a computer. Not really tricky."

:Carcajada:

Great news, everyone!

Nobody has to work anymore! All we need is for the government to print unlimited amounts of money and - presto! - everyone can live like a king without lifting a finger. It's called Fratfraud-Keynesian Magic!

:Carcajada::Carcajada::Carcajada::Carcajada::Carcajada::Carcajada::Carcajada:
 

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This is one of the stupidest posts I've ever read.

First of all, the person who started the thread does not even know what "nominal spending" is and that is revealed in the sourcing. See, TPM is a liberal rag, and the Marketwatch column this was all based on was obliterated by the Associated Press and the Washington Post.

What makes the person who started this thread even weirder is that this stupid leftist talking point is two years old.

Anyway, this is an actual OMB table, not from TPM or some other silly leftist blog

Ok, you lose.

Thanks,

Bye

Lol. 99% chance you are a conservative. Please tell us all again how I don't know what "nominal spending". I want to see how dumb you really are. And nice spending to GDP graph. That really proves a lot, lol! Conservatives are embarrassing.
 

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What kind of idiot starts a thread like this when the national debt moved past 100% GDP during Obama's Presidency?
 

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You have been OWNED, clown... but as usual, you are too STOOOOOPID to realize it.

"Or in the case of banks and the federal reserve, they just type numbers in to a computer. Not really tricky."

:Carcajada:

Great news, everyone!

Nobody has to work anymore! All we need is for the government to print unlimited amounts of money and - presto! - everyone can live like a king. It's called Fratfraud-Keynesian Magic!

:Carcajada::Carcajada::Carcajada::Carcajada::Carcajada::Carcajada::Carcajada:

Fiat money has to be created somehow. Unless you actually believe in magic. You are really dumb. If you don't understand how banks create money you are even dumber than I thought. And that would be difficult for you to be even dumber.
 

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This is one of the stupidest posts I've ever read.

First of all, the person who started the thread does not even know what "nominal spending" is and that is revealed in the sourcing. See, TPM is a liberal rag, and the Marketwatch column this was all based on was obliterated by the Associated Press and the Washington Post.

What makes the person who started this thread even weirder is that this stupid leftist talking point is two years old.

Anyway, this is an actual OMB table, not from TPM or some other silly leftist blog

Federal-outlays-as-a-percentage-of-GDP.jpg


Ok, you lose.

Thanks,

Bye

The only idiots who believe fratfraud's BS are other pseudo-economists who hang out at Paul Krugman's blog.
 

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What kind of idiot starts a thread like this when the national debt moved past 100% GDP during Obama's Presidency?

Lol, oh no, it's over 100%!!! The sky must be falling! Lol, you are gonna be fun. I can already tell your arrogance is going to make you look retarded. I suggest you stay away, I've embarrassed many people to the point they stalk me and see ghosts!
 

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