Home › Forums › Financial Markets/Economics › You say Inflation…I say deflation?!
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Bubblesitter.
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July 25, 2011 at 1:14 AM #713655July 25, 2011 at 3:38 PM #712664
bubba99
Participant[quote=CA renter][quote=threadkiller]It’s all good!…I have debt and I still want inflation. Of course I want my wife to stop changing the TV channel and then walking out of the room too. Doesn’t mean anything is gonna change. Jobs jobs jobs that is the answer. Why don’t we put pressure on the utility companies to put all the utility lines underrground in a timely manner. That would create jobs. I think putting our human resources to work in a meaningful way is what needs to be done. I have a job and I want everybody that wants a job to have one too. Why did I give my change to the homeless guy at McDonalds today? Because he held the door open for me coming and going. That’s a minor thing but it represents effort, and effort should be rewarded.[/quote]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]
Exactly right. But I give zero probability that congress will meaningfully address the issue
July 25, 2011 at 3:38 PM #712758Participant[quote=CA renter][quote=threadkiller]It’s all good!…I have debt and I still want inflation. Of course I want my wife to stop changing the TV channel and then walking out of the room too. Doesn’t mean anything is gonna change. Jobs jobs jobs that is the answer. Why don’t we put pressure on the utility companies to put all the utility lines underrground in a timely manner. That would create jobs. I think putting our human resources to work in a meaningful way is what needs to be done. I have a job and I want everybody that wants a job to have one too. Why did I give my change to the homeless guy at McDonalds today? Because he held the door open for me coming and going. That’s a minor thing but it represents effort, and effort should be rewarded.[/quote]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]
Exactly right. But I give zero probability that congress will meaningfully address the issue
July 25, 2011 at 3:38 PM #713356Participant[quote=CA renter][quote=threadkiller]It’s all good!…I have debt and I still want inflation. Of course I want my wife to stop changing the TV channel and then walking out of the room too. Doesn’t mean anything is gonna change. Jobs jobs jobs that is the answer. Why don’t we put pressure on the utility companies to put all the utility lines underrground in a timely manner. That would create jobs. I think putting our human resources to work in a meaningful way is what needs to be done. I have a job and I want everybody that wants a job to have one too. Why did I give my change to the homeless guy at McDonalds today? Because he held the door open for me coming and going. That’s a minor thing but it represents effort, and effort should be rewarded.[/quote]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]
Exactly right. But I give zero probability that congress will meaningfully address the issue
July 25, 2011 at 3:38 PM #713509Participant[quote=CA renter][quote=threadkiller]It’s all good!…I have debt and I still want inflation. Of course I want my wife to stop changing the TV channel and then walking out of the room too. Doesn’t mean anything is gonna change. Jobs jobs jobs that is the answer. Why don’t we put pressure on the utility companies to put all the utility lines underrground in a timely manner. That would create jobs. I think putting our human resources to work in a meaningful way is what needs to be done. I have a job and I want everybody that wants a job to have one too. Why did I give my change to the homeless guy at McDonalds today? Because he held the door open for me coming and going. That’s a minor thing but it represents effort, and effort should be rewarded.[/quote]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]
Exactly right. But I give zero probability that congress will meaningfully address the issue
July 25, 2011 at 3:38 PM #713866Participant[quote=CA renter][quote=threadkiller]It’s all good!…I have debt and I still want inflation. Of course I want my wife to stop changing the TV channel and then walking out of the room too. Doesn’t mean anything is gonna change. Jobs jobs jobs that is the answer. Why don’t we put pressure on the utility companies to put all the utility lines underrground in a timely manner. That would create jobs. I think putting our human resources to work in a meaningful way is what needs to be done. I have a job and I want everybody that wants a job to have one too. Why did I give my change to the homeless guy at McDonalds today? Because he held the door open for me coming and going. That’s a minor thing but it represents effort, and effort should be rewarded.[/quote]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]
Exactly right. But I give zero probability that congress will meaningfully address the issue
July 25, 2011 at 4:15 PM #712679briansd1
Guest[quote=CA renter]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
[/quote]
CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote]Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.
July 25, 2011 at 4:15 PM #712773Guest[quote=CA renter]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
[/quote]
CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote]Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.
July 25, 2011 at 4:15 PM #713371Guest[quote=CA renter]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
[/quote]
CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote]Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.
July 25, 2011 at 4:15 PM #713524Guest[quote=CA renter]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
[/quote]
CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote]Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.
July 25, 2011 at 4:15 PM #713881Guest[quote=CA renter]
Agree, our entire focus should be on jobs.
Unfortunately, the rhetoric from the right says that lower tax rates will promote job growth. They won’t let the fact that there is NO evidence that lower tax rates promote job growth.
[/quote]
CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote]Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote]Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.
July 26, 2011 at 4:50 AM #712854CA renter
Participant[quote=briansd1]CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers. [/quote]
Absolutely agree, 100%. That was my point.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote][quote=briansd1]
Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers. [/quote]
While I agree that we need to strengthen our social safety net during hard times, there is a limit. It would be much better if we had put these people to work, rather than hand them 99 weeks of unemployment checks.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote][quote=briansd1]
Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.[/quote]
That’s a nice theory, but I can’t think of a country that had a growing economy because of thinking, alone. It’s only when those thoughts are put into action via manufacturing/exporting that a country really thrives in a sustainable way.
Ultimately, it is always about manufacturing and exporting. That is how a large country becomes rich.
We didn’t lose jobs because our workers weren’t smart enough. We lost jobs because our workers weren’t **cheap** enough. I think most Americans would tell you that we made things better, and that our workers were superior to those who replaced them.
Not everyone can be Bill Gates, and even if we tried, the value of that talent/job would go down as we all rush into the same fields. When everyone has a math or engineering degree, what is the value of mathematicians and engineers? We need an economy that is flexible and varied, and I’ll be the first to say that we need our brilliant thinkers, but we should not understate the importance of manufacturing jobs for the masses.
July 26, 2011 at 4:50 AM #712949Participant[quote=briansd1]CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers. [/quote]
Absolutely agree, 100%. That was my point.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote][quote=briansd1]
Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers. [/quote]
While I agree that we need to strengthen our social safety net during hard times, there is a limit. It would be much better if we had put these people to work, rather than hand them 99 weeks of unemployment checks.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote][quote=briansd1]
Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.[/quote]
That’s a nice theory, but I can’t think of a country that had a growing economy because of thinking, alone. It’s only when those thoughts are put into action via manufacturing/exporting that a country really thrives in a sustainable way.
Ultimately, it is always about manufacturing and exporting. That is how a large country becomes rich.
We didn’t lose jobs because our workers weren’t smart enough. We lost jobs because our workers weren’t **cheap** enough. I think most Americans would tell you that we made things better, and that our workers were superior to those who replaced them.
Not everyone can be Bill Gates, and even if we tried, the value of that talent/job would go down as we all rush into the same fields. When everyone has a math or engineering degree, what is the value of mathematicians and engineers? We need an economy that is flexible and varied, and I’ll be the first to say that we need our brilliant thinkers, but we should not understate the importance of manufacturing jobs for the masses.
July 26, 2011 at 4:50 AM #713546Participant[quote=briansd1]CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers. [/quote]
Absolutely agree, 100%. That was my point.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote][quote=briansd1]
Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers. [/quote]
While I agree that we need to strengthen our social safety net during hard times, there is a limit. It would be much better if we had put these people to work, rather than hand them 99 weeks of unemployment checks.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote][quote=briansd1]
Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.[/quote]
That’s a nice theory, but I can’t think of a country that had a growing economy because of thinking, alone. It’s only when those thoughts are put into action via manufacturing/exporting that a country really thrives in a sustainable way.
Ultimately, it is always about manufacturing and exporting. That is how a large country becomes rich.
We didn’t lose jobs because our workers weren’t smart enough. We lost jobs because our workers weren’t **cheap** enough. I think most Americans would tell you that we made things better, and that our workers were superior to those who replaced them.
Not everyone can be Bill Gates, and even if we tried, the value of that talent/job would go down as we all rush into the same fields. When everyone has a math or engineering degree, what is the value of mathematicians and engineers? We need an economy that is flexible and varied, and I’ll be the first to say that we need our brilliant thinkers, but we should not understate the importance of manufacturing jobs for the masses.
July 26, 2011 at 4:50 AM #713699Participant[quote=briansd1]CA renter, corporations are sitting on
$2 trillion of capital that they are not using. High corporate taxes and profitability are not the problem.The problem is that businesses lack demand and customers. [/quote]
Absolutely agree, 100%. That was my point.
[quote=CA renter]
The rhetoric on the left isn’t any better…they say that piling more debt onto an already unsustainable pile of debt will magically fix things.
[/quote][quote=briansd1]
Who on the left is talking about about more debt? Everybody is talking about spending cuts and paying down the debt.
On least, on the left, there is talk of addressing the demand issue by putting more money in the hands of average American consumers. [/quote]
While I agree that we need to strengthen our social safety net during hard times, there is a limit. It would be much better if we had put these people to work, rather than hand them 99 weeks of unemployment checks.
[quote=CA renter]
We will never dig ourselves out of this hole until someone has the balls to talk about global wage arbitrage (and everything that entails) in a serious way.[/quote][quote=briansd1]
Building barriers around our country, erecting tariffs, and retreating into isolationism are not the answer.
eveasdropper addressed education in another thread. We need to encourage education and technology. And we need to learn to do new things and better things than our global competitors.
We need an industrial policy that builds American technological champions.
I think that the left is better equipped to deliver.[/quote]
That’s a nice theory, but I can’t think of a country that had a growing economy because of thinking, alone. It’s only when those thoughts are put into action via manufacturing/exporting that a country really thrives in a sustainable way.
Ultimately, it is always about manufacturing and exporting. That is how a large country becomes rich.
We didn’t lose jobs because our workers weren’t smart enough. We lost jobs because our workers weren’t **cheap** enough. I think most Americans would tell you that we made things better, and that our workers were superior to those who replaced them.
Not everyone can be Bill Gates, and even if we tried, the value of that talent/job would go down as we all rush into the same fields. When everyone has a math or engineering degree, what is the value of mathematicians and engineers? We need an economy that is flexible and varied, and I’ll be the first to say that we need our brilliant thinkers, but we should not understate the importance of manufacturing jobs for the masses.
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