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2 Bumps

We need Government to spend to help the recession.

“Deficits undertaken to finance productive investment not only do not impoverish our grandchildren, they actually enrich them. More important, they also help put the unemployed back to work.

link
http://www.thedailybeast.com/blogs-and-stories/2010-07-20/spending-cuts-would-deepen-our-debt/

 
mommom2000

Asked by mommom2000 at 11:24 AM on Aug. 12, 2010 in Politics & Current Events

Level 24 (21,584 Credits)
This question is closed.
Answers (57)
  • He also said, to make the economy grow, we need to get the government of the backs of the private sector.


     NEWSFLASH- Many BBs in the private sector have taken their jobs, operations and Corp tax base out of the USA- and that's with the governments blessing (of course BB then has to supply the money needed for the crooks to get re-elected). People want to biotch about the Dems pandering to the Unions, while at the same time ignoring that the Pubs are in bed with BB- same results to the country and our economy. Open your eyes and minds-

    Sisteract

    Answer by Sisteract at 7:42 PM on Aug. 12, 2010

  • someone needs to go back and reread all those posts about taking an Econ 101 class.
    jewjewbee

    Answer by jewjewbee at 11:28 AM on Aug. 12, 2010

  • keyword:
    productive investment.
    looks good on paper doesn't it? do you really think the us govt knows anything about productive investment?
    what does the us govt produce? anything?
    jewjewbee

    Answer by jewjewbee at 11:30 AM on Aug. 12, 2010

  • Well that turtle tunnel sure helped.
    Carpy

    Answer by Carpy at 11:45 AM on Aug. 12, 2010

  • Wonderful example of faulty thinking!
    justnancyb

    Answer by justnancyb at 11:44 AM on Aug. 12, 2010

  • You know what Carpy....it really isn't funny. I'm glad I made you laugh....all my posts are sarcastic-but this crap really isn't funny anymore It effin pathetic. That someone over the age of 16 thinks for real that the solution to anything and everything is the governmnet. It harkens back to mom and dad paying or fixing everything. The government is not in the business to fix anything unless it involves the military. Why in the hell anyone would ever think  this stupid editorial would be the answer to today's economic problems is beyond me. . And what's more the economist that wrote the damn thing and his bio...what the hell did anyone expect this man to write?.If he knew anything about getting out of the red and into the black he'd be workin with Forbes or Bach

    jewjewbee

    Answer by jewjewbee at 12:36 PM on Aug. 12, 2010

  • OP, you haven't read or comprehended the article yet have you?
    You need to stop crying about spending...cause there aint no more damn money to spend.
    Show me a link that proves the US is dead last when it comes to technology, cause you're starting to write like this economist now. Not true, something you made up.
    Define renewable energy to me and why the government needs to pay for all of that.
    I'll warn you in advance-I've been living in the energy sector since the early 70's. Bring it on baby.
    jewjewbee

    Answer by jewjewbee at 1:53 PM on Aug. 12, 2010

  • We don't need the government to just spend. They've done that, it's gotten us just this side of shitsville.
    Where that money is spent is as important, if not more important than just spending it.
    The government needs to do what it is there to do -- repair, upgrade, and update our infrastructure. We're trying to run a 21st century country on infrastructure that's been cobbled together over 100 years, with no major updates of revisions in 50. It's absurd.
    Once people are employed, they have money. Once they have money, they can spend. Once they can spend, the private sector can hire.
    Jenny-talia

    Answer by Jenny-talia at 11:34 AM on Aug. 12, 2010

  • the government has been spending...and now what? they want to spend more? aren't you tired of those promises of an improved economy and decreased unemployment? i can't wait until elections : )
    happy2bmom25

    Answer by happy2bmom25 at 11:36 AM on Aug. 12, 2010

  • The $787 billion economic stimulus bill passed in 2009, which many economists at the time warned was too small, is running out


    ------


    did you read the article and understand it?


    this statement right here is not true

    jewjewbee

    Answer by jewjewbee at 11:39 AM on Aug. 12, 2010