United States Austerity: Government now spending less nominally than Bush

[SheriffJoe]

fratfraud: it's about basic math

Reality: it's about an economy no longer creating wealth (consumption replaced manufacturing), propped up by phony money and central bankers selling snake oil

fratfraud: but, but, but...this time will be different. Obama is the epitome of perfection.

poor fratfraud...just too ignorant and intellectually lazy to pick up a history book and realize his antiquated delusional ideology is toast.

 

[Acebb]

Your antiquated system was invented in the 1900s and you desperately clinging to something that no longer works and destined for a nasty crash is hilarious.

Modern technology is passing you by and you're just too dumb and brainwashed to see it.

Keep felating your pedophile boyfriend Keynes who's theories are completely dead. Every one of your basketcase welfare states are tapped out and bankrupt -- from "Abenomics" to "Obamanomics" -- and will be unable to weather the next storm!

Half the country are unemployed and can't find work, and one fifth are on foostamps but "Obama's handling of the recession was the epitome of perfection" LMAFO!

Originally Posted by akphidelt
You keep using % to GDP as if that means anything, lol. I'm talking about spending. :missingte

The entirety of this thread by this leftist goofball is an exercise in the denial of reality.

By pretending that Obama has only spent a little bit of money, you get to bitterly cling to the silly idea that government spending creates jobs.

The fact of the matter is that there are no examples of their silly ideas actually working. So they have to pretend they have not been tried.
Never mind that the economists that the Obama Administration (and Obama himself) said that if we passed the stimulus unemployment would drop (not go up as it did, or hang over 9% as it did for so long and certainly not merely "prevent" more layoffs as the imbecile who started this thread hung his hat on) and economic growth would accelerate. Neither happened.

So in the face of that reality, what does someone who believes in failed ideas do?

Create lies in order to bitterly cling to failed ideas.

 

[SheriffJoe]

The entirety of this thread by this leftist goofball is an exercise in the denial of reality.

By pretending that Obama has only spent a little bit of money, you get to bitterly cling to the silly idea that government spending creates jobs.

The fact of the matter is that there are no examples of their silly ideas actually working. So they have to pretend they have not been tried.
Never mind that the economists that the Obama Administration (and Obama himself) said that if we passed the stimulus unemployment would drop (not go up as it did, or hang over 9% as it did for so long and certainly not merely "prevent" more layoffs as the imbecile who started this thread hung his hat on) and economic growth would accelerate. Neither happened.

So in the face of that reality, what does someone who believes in failed ideas do?

Create lies in order to bitterly cling to failed ideas.

And the lies never stop!

Krugman: Reagan Was a Keynesian

http://www.nytimes.com/2012/06/08/opinion/krugman-reagan-was-a-keynesian.html?_r=0

 

[Acebb]

And the lies never stop!

Krugman: Reagan Was a Keynesian

http://www.nytimes.com/2012/06/08/opinion/krugman-reagan-was-a-keynesian.html?_r=0

Paul Krugman is a partisan hack

 

[SheriffJoe]

Paul Krugman is a partisan hack

Where do you think fratfraud gets all his vacuous talking points from?

 

[akphidelt]

fratfraud: it's about basic math

Reality: it's about an economy no longer creating wealth (consumption replaced manufacturing), propped up by phony money and central bankers selling snake oil

fratfraud: but, but, but...this time will be different. Obama is the epitome of perfection.

poor fratfraud...just too ignorant and intellectually lazy to pick up a history book and realize his antiquated delusional ideology is toast.

You're just making stuff up. You are really dumb.

 

[akphidelt]

Paul Krugman is a partisan hack

LMAO!!! I still don't think he gets it Wabash.

 

[akphidelt]

Hey dum-dum,

Since you were obviously so busy at work yesterday, why don't you point to a post # where I "got something wrong"

What is even funnier about this is that you started a thread with a title that is a silly, easily debunked lie.

Anyway, since you obviously won't be working today, I look forward to you pointing out any post where I got something wrong.

Obama has increased spending at a faster rate than any President to ever hold office.

This statement is incorrect, lol. You still don't get basic math, it's hilarious!

 

[akphidelt]

This is still an all time classic:

Originally Posted by akphidelt
You keep using % to GDP as if that means anything, lol. I'm talking about spending.

Lmao!! You still don't get it. Way to keep the comedy coming!

 

[akphidelt]

20% of the country are on foodstamps but fratfraud says:

"Normal educated people will be taught for the next 50+ years what the Federal Reserve did during the Great Recession and how monetary policy helped prevent a Depression."

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

Do you realize how dumb this comment is?

 

[akphidelt]

So in other words, you claimed I said something, I responded by saying point to a post # where I allegedly said it, and you declined.

So in other words, you claimed I "did not understand percentages and how they work" and I responded by showing how much more Obama has spent than the last 2 Presidents using percentages.

Finally, the goofy idiot who started this thread posted an imbecilic lie in the title, posted a chart in the 1st post claiming it represented all government spending when it does not, then when on to say that federal spending as a % of GDP is a "meaningless statistic" and doesn't mean anything, and in fact isn't related to spending. And you're defending all of that.

Congrats.

You shouldn't post any more, you've done nothing but lie and defend the indefensible.

You have resorted to just blatant lies. Fun to watch!

 

[SheriffJoe]

You're just making stuff up. You are really dumb.

GDP propped up by phony money - a never ending expansion of credit backed by nothing. Unless you consider food stamp leeches buying Walmart products made in China to be "wealth creation"?

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved."

The Fed was invented in the early 19th century...so about a 100 year run, give or take a decade or two, sounds about right.

fratfraud: My edumacated profs in academia are right! It's basic math! This time will be different!

Reality: History and the laws of economics say you're wrong.

 

[akphidelt]

GDP propped up by phony money - a never ending expansion of credit backed by nothing. Unless you consider food stamp recipients buying Walmart products Made in China to be "wealth creation"?

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved."

The Fed was invented in the early 19th century...so about a 100 year run, give or take a decade or two, sounds about right.

We have created more wealth than any country in the history of mankind the last 100 years. The Federal Reserve is expecting a letter of apology from you.

 

[SheriffJoe]

Correction: Fed invented in the early 20th century.

 

[SheriffJoe]

We have created more wealth than any country in the history of mankind the last 100 years. The Federal Reserve is expecting a letter of apology from you.

Nope.

All that wealth was already in place when the Fed was created.

The Fed is nothing more than a massive wealth redistribution scheme.

Why do people tolerate the elite creating money out of thin air who then lend it back to them?

Money backed by nothing -- makes absolutely no sense whatsoever...except the parasites and their advocates who NEED infinite amounts of money at ridiculously low manipulated interest rates, to fund their precious welfare state.

For workers, savers, investors... aka productive people, it's a fucking scam!

 

[akphidelt]

Nope.

All that wealth was already in place when the Fed was created.

The Fed is nothing more than a massive wealth redistribution scheme.

Why do people tolerate the elite creating money out of thin air who then lend it back to them?

Money backed by nothing -- makes absolutely no sense whatsoever...except the parasites and their advocates who NEED infinite amounts of money at ridiculously low manipulated interest rates, to fund their precious welfare state.

For workers, savers, investors... aka productive people, it's a fucking scam!

Lmao, you are dumb.

 

[SheriffJoe]

Lmao, you are dumb.

I'm a genius because I know how to get you to the edge of the cliff where name calling is your only desperate retort.

"For workers, savers, investors... aka productive people, it's a fucking scam!"

I'm right.

You're wrong.

End of story.

Eat shit, Keynesian fratfraud.

 

[akphidelt]

I'm a genius because I know how to get you to the edge of the cliff where name calling is your only desperate retort.

I'm right.

You're wrong.

End of story.

Eat shit, Keynesian fratfraud.

There are more dollars, lol.

 

[SheriffJoe]

There are more dollars, lol.

Backed by nothing and worth nothing.

Read your history, ignoramus.

What part of "massive wealth redistribution scheme" don't you understand???

 

[akphidelt]

Backed by nothing and worth nothing.

Read your history, ignoramus.

What part of "massive wealth redistribution scheme" don't you understand???

Backed by $17 trillion worth of goods and services. Wealthiest country in the history of mankind. I know that hurts your feelings.