OT: So the debt grows…

[briansd1]

The consensus economic wisdom seems to support the deal. The budget tax deal is good for the economy, given what can be achieved.

http://www.npr.org/templates/story/story.php?storyId=131885589

Obama’s defense of the deal is pretty convincing to me.
http://www.whitehouse.gov/blog/2010/12/07/president-obama-middle-class-tax-cuts-and-unemployment-insurance-agreement-a-good-de

[ocrenter]

brian, there is no doubt he means well. but the reality here is the left and the right are doing the same dance that got us here in the first place.

the right will always fight for their tax cut. the left will always fight for their benefits. by this agreement, once again, the right and the left both get exactly what they want, but with reckless disregard for the climbing national debt.

[ocrenter]

brian, there is no doubt he means well. but the reality here is the left and the right are doing the same dance that got us here in the first place.

the right will always fight for their tax cut. the left will always fight for their benefits. by this agreement, once again, the right and the left both get exactly what they want, but with reckless disregard for the climbing national debt.

[ocrenter]

brian, there is no doubt he means well. but the reality here is the left and the right are doing the same dance that got us here in the first place.

the right will always fight for their tax cut. the left will always fight for their benefits. by this agreement, once again, the right and the left both get exactly what they want, but with reckless disregard for the climbing national debt.

[ocrenter]

brian, there is no doubt he means well. but the reality here is the left and the right are doing the same dance that got us here in the first place.

the right will always fight for their tax cut. the left will always fight for their benefits. by this agreement, once again, the right and the left both get exactly what they want, but with reckless disregard for the climbing national debt.

[ocrenter]

brian, there is no doubt he means well. but the reality here is the left and the right are doing the same dance that got us here in the first place.

the right will always fight for their tax cut. the left will always fight for their benefits. by this agreement, once again, the right and the left both get exactly what they want, but with reckless disregard for the climbing national debt.

[briansd1]

ocrenter, points well taken.

However, in the context of the slow growth we are facing, even conservative economists believe that government action is necessary.

Ben Bernanke (a Republican) has been trying to get fiscal help to get the economy moving. Monetary and fiscal action together would work best in stimulating the economy.

BTW, it was not government fiscal spending that caused the economy crisis of 2008. It was bad monetary policy, reckless private mortgage lending and Wall Street innovations that caused the crisis.

The national debt is far from dire yet since the US government can borrow at 2.5%.

[briansd1]

ocrenter, points well taken.

However, in the context of the slow growth we are facing, even conservative economists believe that government action is necessary.

Ben Bernanke (a Republican) has been trying to get fiscal help to get the economy moving. Monetary and fiscal action together would work best in stimulating the economy.

BTW, it was not government fiscal spending that caused the economy crisis of 2008. It was bad monetary policy, reckless private mortgage lending and Wall Street innovations that caused the crisis.

The national debt is far from dire yet since the US government can borrow at 2.5%.

[briansd1]

ocrenter, points well taken.

However, in the context of the slow growth we are facing, even conservative economists believe that government action is necessary.

Ben Bernanke (a Republican) has been trying to get fiscal help to get the economy moving. Monetary and fiscal action together would work best in stimulating the economy.

BTW, it was not government fiscal spending that caused the economy crisis of 2008. It was bad monetary policy, reckless private mortgage lending and Wall Street innovations that caused the crisis.

The national debt is far from dire yet since the US government can borrow at 2.5%.

[briansd1]

ocrenter, points well taken.

However, in the context of the slow growth we are facing, even conservative economists believe that government action is necessary.

Ben Bernanke (a Republican) has been trying to get fiscal help to get the economy moving. Monetary and fiscal action together would work best in stimulating the economy.

BTW, it was not government fiscal spending that caused the economy crisis of 2008. It was bad monetary policy, reckless private mortgage lending and Wall Street innovations that caused the crisis.

The national debt is far from dire yet since the US government can borrow at 2.5%.

[briansd1]

ocrenter, points well taken.

However, in the context of the slow growth we are facing, even conservative economists believe that government action is necessary.

Ben Bernanke (a Republican) has been trying to get fiscal help to get the economy moving. Monetary and fiscal action together would work best in stimulating the economy.

BTW, it was not government fiscal spending that caused the economy crisis of 2008. It was bad monetary policy, reckless private mortgage lending and Wall Street innovations that caused the crisis.

The national debt is far from dire yet since the US government can borrow at 2.5%.

[Rich Toscano]

[quote=briansd1]The national debt is far from dire yet since the US government can borrow at 2.5%.[/quote]

That doesn’t prove anything except that people are still willing to pay a lot for our debt (the way they did for houses in 2005, etc etc).

[Rich Toscano]

[quote=briansd1]The national debt is far from dire yet since the US government can borrow at 2.5%.[/quote]

That doesn’t prove anything except that people are still willing to pay a lot for our debt (the way they did for houses in 2005, etc etc).

[Rich Toscano]

[quote=briansd1]The national debt is far from dire yet since the US government can borrow at 2.5%.[/quote]

That doesn’t prove anything except that people are still willing to pay a lot for our debt (the way they did for houses in 2005, etc etc).

[Rich Toscano]

[quote=briansd1]The national debt is far from dire yet since the US government can borrow at 2.5%.[/quote]

That doesn’t prove anything except that people are still willing to pay a lot for our debt (the way they did for houses in 2005, etc etc).

[Author]

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