US Austerity: Reached 30 year low in Government workers as % of the Population

[akphidelt]

30 year low!!

Oh, wait, federal workforce is at 2006 levels.

That must be a 60 year low!!!

What an absolute moron this kid is.

Unreal.

Your math skills are embarrassing, lol.

 

[akphidelt]

Such 'austerity'!!!!!

I've never seen a person so regularly embarrass themselves such as the moron who started this thread.

It is surreal.

The graphs in the OP show all you need to know about austerity in the US. No matter what you cherry pick it will not change what I posted.

 

[akphidelt]

Acebb probably has the worst reading comprehension skills in this entire forum... he takes the comment...

We have had the largest decrease in government jobs percentage and quantity wise in the last 60 years.


And responds to it with...


Oh, wait, federal workforce is at 2006 levels.

That must be a 60 year low!!!

What an absolute moron this kid is.

Unreal.


Dude is laughably retarded. But watching him try is such pure entertainment. Proceed Acebb...

 

[SheriffJoe]

Ho hum, another day where fratfraud is getting buried alive...

 

[akphidelt]

Ho hum, another day where fratfraud is getting buried alive...

More useless pictures from the psycho stalker loon. It's amazing how much you guys ignore data and math and resort to childish insults.

But I understand why you have to since there is not a shred of data that backs your retarded theories.

 

[BleedingPurple]

Garbage.

In the real world, production must precede consumption. It is necessary to produce useful goods that can be exchanged for other goods. Sprinkling your Keynesian fairy dust all over the economy and expecting an increase in productivity is laughable.

When a baker produces bread, he doesn't produce everything for his own consumption. Most of the bread he produces is exchanged for other products, meaning he uses his 'excess' bread to exercise his own demand for other goods. In other words, his own demand is fully covered by the bread he produces.

Demand is not an independent 'thing'...it is merely part of the economic process of securing other goods and services.

Human productivity, ingenuity and entrepreneurship creates wealth...not your stupid half-baked left wing theories.

If you understood economics (starting with barter) you'd understand all this.

But because you're a slave to unproven academics who don't know any better, AND because you collect a paycheck rather than assume any real risk in your daily life, ie. running a business, meeting payroll etc., you continue to believe in this Big Government Keynesian nonsense.

This analogy is really dumb

 

[akphidelt]

This analogy is really dumb

One of the dumbest analogies I've ever read. They are literally that dumb. The funniest thing is they honestly have convinced themselves they are right and they know more than the rest of the developed world. Dumb people are entertaining.

 

[BleedingPurple]

AK, I will give you credit for one thing. The fact that you get beaten up so badly nearly every single tread when discussing anything to do with politics but you just keep coming back for more. If you were a boxer, the trainer would have thrown in the towel long ago but you keep on fighting when everyone knows the outcome won't be a good one for you. Maybe its all the Grizzly fighting you do up there in paradise?

Cheers to you taking a lickin' but keeping on tickin'. I know I couldn't do it.

Don't let Palin catch you egging her house.

Only at this site cause it's a right wing circle jerk

 

[SheriffJoe]

One of the dumbest analogies I've ever read. They are literally that dumb. The funniest thing is they honestly have convinced themselves they are right and they know more than the rest of the developed world. Dumb people are entertaining.

your fucked up ideology is in shambles...EVERYWHERE!

----------------------------------------------------------------------------------------------------------------------

How Japan Blew Its Savings Surplus: What A Keynesian Dystopia Looks Like

Financially speaking, Japan is fast becoming a Keynesian dystopia. Its entire economy is now hostage to a fiscal time bomb. Namely, government debt which already exceeds 240% of GDP and which is growing rapidly because even the recent traumatic increase in the sales tax from 5% to 8% does not come close to filling the fiscal gap. Moreover, even at today’s absurdly low and BOJ rigged bond rate of 0.6% nearly 25% of government revenue is absorbed by interest payments.

Now comes the coup de grace. Japan’s savings rate has collapsed (see below) and its vaunted current account surplus is about ready to disappear. This means Japan’s accounts with the rest of the world will cross-over into a “financial no man’s land”; it will be forced to steadily liquidate its overseas investments to pay its current bills—an investment surplus built up over the course of 50 years. But this will also reduce foreign earnings and thereby expand Japan’s growing deficit on current account.

http://davidstockmanscontracorner.c...surplus-what-a-keynesian-dystopia-looks-like/

"Abenomics/Aktard-nomics" ointer:

 

[akphidelt]

your fucked up ideology is in shambles...EVERYWHERE!

----------------------------------------------------------------------------------------------------------------------

How Japan Blew Its Savings Surplus: What A Keynesian Dystopia Looks Like

Financially speaking, Japan is fast becoming a Keynesian dystopia. Its entire economy is now hostage to a fiscal time bomb. Namely, government debt which already exceeds 240% of GDP and which is growing rapidly because even the recent traumatic increase in the sales tax from 5% to 8% does not come close to filling the fiscal gap. Moreover, even at today’s absurdly low and BOJ rigged bond rate of 0.6% nearly 25% of government revenue is absorbed by interest payments.

Now comes the coup de grace. Japan’s savings rate has collapsed (see below) and its vaunted current account surplus is about ready to disappear. This means Japan’s accounts with the rest of the world will cross-over into a “financial no man’s land”; it will be forced to steadily liquidate its overseas investments to pay its current bills—an investment surplus built up over the course of 50 years. But this will also reduce foreign earnings and thereby expand Japan’s growing deficit on current account.

http://davidstockmanscontracorner.c...surplus-what-a-keynesian-dystopia-looks-like/

"Abenomics/Aktard-nomics" ointer:

Lmao, my theory tries to make the savings rate plummet when economic growth is below expectations.

It's hilarious how you have literally no clue what I talk about or how mathematics comes in to play.

The fact you post things that support my theory for me is awesome. Keep it up!!

 

[wabashwonders]

Yes and no.

From your company's standpoint, manufacturing goods people want indeed produces more organic demand.

But printing money and reckless artificial government spending (what fratfraud believes in) in order to manipulate/boost/stimulate demand leads to a situation where companies commit themselves to unprofitable businesses and plans, which ultimately will have to be liquidated -- what economists call a 'bust' or 'recession.' The trigger to this liquidation is the reversal of a loose stance by the central bank. The severity of the recession is dictated by the intensity of the previous boom brought about by "false activities", i.e. monetary pumping, artificial low interest rates, reckless govt spending etc.

Creating artificial bubbles is what central bankers do best.

In a market economy, money has just one role - to provide the services of a medium of exchange. Increasing the money supply does NOT increase wealth or productivity, all it does it create false market signals which make the economy more vulnerable to a crash.

The stock market crash of 1929 is a great example because it came at the end of almost a decade worth of reckless expansion of the money supply, which of course fratfraud cites as a great success. face)(*^%

Anything above 25% GDP, government spending becomes counter productive. Government "consumption" is a total waste of resources.

Just because we make more product to build our supply does not mean it will create a bigger demand for it. How can you be so stupid to not understand you need a demand for a product first and that's what creates the supply. I hear this kind of talk all the time from our management when discussing production, "we have a demand for this product right now so we must increase production". They never say, "business is slow so let's increase production so our demand will increase". Again, it's just common sense, which obviously you lack.

 

[SheriffJoe]

Lmao, my theory tries to make the savings rate plummet when economic growth is below expectations.

It's hilarious how you have literally no clue what I talk about or how mathematics comes in to play.

The fact you post things that support my theory for me is awesome. Keep it up!!

because your unproven loose money 'theories' are stealing...for the expressed purpose of paying for your precious bloated welfare state.

Can't raise that much in taxes to pay for all your political nonsense, so inflation is the next best thing - biggest scam on the planet.

Notice everything Aktard preaches is all about the 'collective' - always comes back to Marxism.

Fucking commie!

 

[SheriffJoe]

Just because we make more product to build our supply does not mean it will create a bigger demand for it. How can you be so stupid to not understand you need a demand for a product first and that's what creates the supply. I hear this kind of talk all the time from our management when discussing production, "we have a demand for this product right now so we must increase production". They never say, "business is slow so let's increase production so our demand will increase". Again, it's just common sense, which obviously you lack.

Demand is totally useless without your company's ability to create more product...consumption is fully funded by previous production. How can consumption precede production? You have to produce a useful product (supply) before it can be exchanged for money (demand)

Idiot.

 

[akphidelt]

Just because we make more product to build our supply does not mean it will create a bigger demand for it. How can you be so stupid to not understand you need a demand for a product first and that's what creates the supply. I hear this kind of talk all the time from our management when discussing production, "we have a demand for this product right now so we must increase production". They never say, "business is slow so let's increase production so our demand will increase". Again, it's just common sense, which obviously you lack.

Hahahaha!! "Yea, let's hire tons of workers to produce goods that no one is buying".

 

[akphidelt]

Demand is totally useless without your company's ability to create more product...consumption is fully funded by previous production. Consumption never EVER precedes production. First you have to produce a useful product before it can be exchanged for money.

Idiot.

This is literally the dumbest thing I've ever read, lol.

 

[akphidelt]

because your unproven loose money 'theories' are stealing...for the expressed purpose of paying for your precious bloated welfare state.

Can't raise that much in taxes to pay for all your political nonsense, so inflation is the next best thing - biggest scam on the planet.

Notice everything Aktard preaches is all about the 'collective' - always comes back to Marxism.

Fucking commie!

You can make tax rates 0% and the same mathematical problems would occur. You're just really dumb and do not understand economics.

Now inflation is some worldwide conspiracy... that is hilarious. You're a real life nutter.

 

[wabashwonders]

Demand is totally useless without your company's ability to create more product...consumption is fully funded by previous production. How can consumption precede production? You have to produce a useful product (supply) before it can be exchanged for money (demand)

Idiot.

So, it doesn't matter if someone actually wants my product, I will still make money just because I make the product? Lol, you really are stupid.

 

[Acebb]

And majority of ivy league economists agree that the stimulus worked to make unemployment lower.


ointer:

What an absolute dumb fuck and liar.

This entire post is a laughable embarrassment.

 

[Acebb]

Your math skills are embarrassing, lol.

You have never worked in the real world.

LOL

You're a laughable liar and a dumb fuck

LOL

 

[Acebb]

The graphs in the OP show all you need to know about austerity in the US. No matter what you cherry pick it will not change what I posted.

Except I'm not "cherry picking" anything, you silly little liar.

See stupid, you are so uninformed on this topic, you don't even understand things such as this

Yet the percentage of people working in government – state, local and federal – is actually the same now as it was before the 2007-2009 recession destroyed more than 8 million U.S. jobs.

http://blogs.marketwatch.com/thetel...ce-at-historical-norm-despite-big-job-losses/

You read a chart.

You don't understand the charts.

You're a laughable dumb fuck.