Comments on: What economic recovery?

By: SkippingDog

SkippingDog — Tue, 23 Apr 2013 02:40:14 +0000

Interesting that your chart shows our economy going into decline at the same time George W. Bush took office. Wasn’t there also a federal budget surplus when he took office?

Someday soon GWB will be known as the Herbert Hoover of the 21st Century.

By: Steve Mehlman

Steve Mehlman — Mon, 22 Apr 2013 14:59:02 +0000

So we are indeed creating a permanent class of jobless Americans. And let’s be clear: this is a policy decision. The main reason our economic recovery has been so weak is that, spooked by fear-mongering over debt, we’ve been doing exactly what basic macroeconomics says you shouldn’t do — cutting government spending in the face of a depressed economy. It’s hard to overstate how self-destructive this policy is. Indeed, the shadow of long-term unemployment means that austerity policies are counterproductive even in purely fiscal terms. Workers, after all, are taxpayers too; if our debt obsession exiles millions of Americans from productive employment, it will cut into future revenues and raise future deficits.

By: fish

fish — Sat, 20 Apr 2013 20:24:53 +0000

Good to know. Thanks!

By: Donkey

Donkey — Sat, 20 Apr 2013 19:59:43 +0000

Fish, and acronym: Robert Rizzo and Government Worker Union Scam. 🙂

The whole system has become so slimey and dirty it is quite disgusting. The moral compass of most RAGWUS feeders points to their pockets. 🙂

By: Dyspeptic

Dyspeptic — Sat, 20 Apr 2013 18:55:40 +0000

“Could some of my liberal friends here front me $30,000 in ‘stimulus’ money, first?”

What, no tenderhearted and compassionate ProgBots with donations for Hondo?
My faith in humanity has been crushed!

@Fish,
RAGWUS is Donkey’s peculiar pejorative for government employees like the infamous Robert Rizzo of City of Bell Scandal fame. It’s some sort of acronym that I can never remember.

By: Hondo

Hondo — Sat, 20 Apr 2013 17:24:42 +0000

I feel so good about this economy I think I’ll go out and buy a new car. Could some of my liberal friends here front me $30,000 in ‘stimulus’ money, first?
Hondo….

By: fish

fish — Sat, 20 Apr 2013 17:05:28 +0000

Donkey,

What pray tell is a RAGWUS feeder?

fish

By: Donkey

Donkey — Sat, 20 Apr 2013 01:31:42 +0000

But John, the RAGWUS feeders are doing great!! 🙂