Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Economic recovery package before Congress"would provide massive fiscal stimulus."
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="wkmac" data-source="post: 476510" data-attributes="member: 2189"><p>When it comes to economics, I'm of the Austrian School of thinking but all that aside and taking a purely Keynesian if not more Fabian Socialist or even a Mussolini Fascist/Corporatist approach, the CBO you pointed out with such glee in your original post also poses many cons that bode not so well if we do move along with this stimulus package as it appears we are going to do. Appears republicans got enough pie filling on their fingers to make it worth their while so it's away from the "Yellow Brick Road" we go.</p><p></p><p>Here is a link to the CBO site with many pdf's and other comments on the stimulus package with both pros and cons of what some of the short and longterm effects will be.</p><p></p><p><span style="color: red"><a href="https://web.archive.org/web/20090528170152/https://www.cbo.gov/publications/collections/collections.cfm?collect=12" target="_blank">https://web.archive.org/web/20090528170152/https://www.cbo.gov/publications/collections/collections.cfm?collect=12</a></span></p><p></p><p>It appears we've made our bed and we are taking a cue from the Hoover/Roosevelt approach and use economic intervention to try and force the business cycle to conform to our gov't will. We just better hope Obama is the messiah because Hoover & Roosevelt's intervention made the problem worse and lenghten it for close to 20 years. It will take the hand of a god to violate the laws of economics and make it actually work.</p></blockquote><p></p>
[QUOTE="wkmac, post: 476510, member: 2189"] When it comes to economics, I'm of the Austrian School of thinking but all that aside and taking a purely Keynesian if not more Fabian Socialist or even a Mussolini Fascist/Corporatist approach, the CBO you pointed out with such glee in your original post also poses many cons that bode not so well if we do move along with this stimulus package as it appears we are going to do. Appears republicans got enough pie filling on their fingers to make it worth their while so it's away from the "Yellow Brick Road" we go. Here is a link to the CBO site with many pdf's and other comments on the stimulus package with both pros and cons of what some of the short and longterm effects will be. [COLOR=red][url]https://web.archive.org/web/20090528170152/https://www.cbo.gov/publications/collections/collections.cfm?collect=12[/url][/COLOR] It appears we've made our bed and we are taking a cue from the Hoover/Roosevelt approach and use economic intervention to try and force the business cycle to conform to our gov't will. We just better hope Obama is the messiah because Hoover & Roosevelt's intervention made the problem worse and lenghten it for close to 20 years. It will take the hand of a god to violate the laws of economics and make it actually work. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Economic recovery package before Congress"would provide massive fiscal stimulus."
Top