[DWCAP]

The thing is, this is all about public debt, not private debt. It isnt about small houses and smaller/fewer cars, it is about less money for schools/ national parks/ transportation/ police/ Military/ poor ‘social safty nets’. We have three options, Default, pay it back, or inflate it away.

#1) most people would consider default to not be an option. It would play havic with the world financial order.

#2) to pay back our debt will require higher taxes, and/or lower spending. This is the bitch of the Keyenian economic model we are now following. We fill in the economic vallies only by lopping off the economic mountain tops. If things are getting better as supposed, then taxes are going up, your benifits are falling, and services will be reduced to pay for all this stimulus.

I think that is what this article was trying to get at.
“No reasonably foreseeable rate of economic growth would overcome this structural deficit. Thus, any efforts to rein in future deficits must entail either large increases in taxes to support these programs or major restraints on their growth — or some combination of the two.”

Basically the American people will get less for their money from the government, or will give more money to the government for what they already get.

#3) Inflate away the costs. IMO, this is what will happen. High inflation will make paying these debts easier and easier. It will play havoc on our economy, and our savers will loose alot of (real) money, but that is prefered to #1 or #2. Print, dump and deny.

[DWCAP]

The thing is, this is all about public debt, not private debt. It isnt about small houses and smaller/fewer cars, it is about less money for schools/ national parks/ transportation/ police/ Military/ poor ‘social safty nets’. We have three options, Default, pay it back, or inflate it away.

#1) most people would consider default to not be an option. It would play havic with the world financial order.

#2) to pay back our debt will require higher taxes, and/or lower spending. This is the bitch of the Keyenian economic model we are now following. We fill in the economic vallies only by lopping off the economic mountain tops. If things are getting better as supposed, then taxes are going up, your benifits are falling, and services will be reduced to pay for all this stimulus.

I think that is what this article was trying to get at.
“No reasonably foreseeable rate of economic growth would overcome this structural deficit. Thus, any efforts to rein in future deficits must entail either large increases in taxes to support these programs or major restraints on their growth — or some combination of the two.”

Basically the American people will get less for their money from the government, or will give more money to the government for what they already get.

#3) Inflate away the costs. IMO, this is what will happen. High inflation will make paying these debts easier and easier. It will play havoc on our economy, and our savers will loose alot of (real) money, but that is prefered to #1 or #2. Print, dump and deny.

[DWCAP]

Rich, I just wanted to say thanks for doing all this. Sucks you have to deal with it, but I am just glad it is you and not me.

If any pig ever meets someone who is a professional spammer, please kick him in the nuts for me. THanks.

[DWCAP]

Rich, I just wanted to say thanks for doing all this. Sucks you have to deal with it, but I am just glad it is you and not me.

If any pig ever meets someone who is a professional spammer, please kick him in the nuts for me. THanks.

[DWCAP]

Rich, I just wanted to say thanks for doing all this. Sucks you have to deal with it, but I am just glad it is you and not me.

If any pig ever meets someone who is a professional spammer, please kick him in the nuts for me. THanks.

[DWCAP]

Rich, I just wanted to say thanks for doing all this. Sucks you have to deal with it, but I am just glad it is you and not me.

If any pig ever meets someone who is a professional spammer, please kick him in the nuts for me. THanks.

[DWCAP]

Rich, I just wanted to say thanks for doing all this. Sucks you have to deal with it, but I am just glad it is you and not me.

If any pig ever meets someone who is a professional spammer, please kick him in the nuts for me. THanks.

[DWCAP]

Arraya is right on this one. Somehow, a siginifant percentage of our working population just stopped looking for jobs. People are suppose to come roaring back to looking for jobs in a recovery, not fading away in ever larger numbers. But maybe people have just taken a breather for the holidays, I wanna see January numbers before I start to judge our stats.

As for the original question at the bottom of the OP,
More non construction jobs and less homes built = What for the housing market?

No one really knows. Usually it is housing that has led us out of recessions (job wise) and yet this time housing is still the poster boy of the debt problem we are having. (most of those jobs are coming in lower paying tourism and service industries) My guess is this means a long slow crappy slog with many many false starts and alot of happy talk from the ‘experts’ most of whom never saw this coming in the first place; let alone a way out.

[DWCAP]

Arraya is right on this one. Somehow, a siginifant percentage of our working population just stopped looking for jobs. People are suppose to come roaring back to looking for jobs in a recovery, not fading away in ever larger numbers. But maybe people have just taken a breather for the holidays, I wanna see January numbers before I start to judge our stats.

As for the original question at the bottom of the OP,
More non construction jobs and less homes built = What for the housing market?

No one really knows. Usually it is housing that has led us out of recessions (job wise) and yet this time housing is still the poster boy of the debt problem we are having. (most of those jobs are coming in lower paying tourism and service industries) My guess is this means a long slow crappy slog with many many false starts and alot of happy talk from the ‘experts’ most of whom never saw this coming in the first place; let alone a way out.

[DWCAP]

Arraya is right on this one. Somehow, a siginifant percentage of our working population just stopped looking for jobs. People are suppose to come roaring back to looking for jobs in a recovery, not fading away in ever larger numbers. But maybe people have just taken a breather for the holidays, I wanna see January numbers before I start to judge our stats.

As for the original question at the bottom of the OP,
More non construction jobs and less homes built = What for the housing market?

No one really knows. Usually it is housing that has led us out of recessions (job wise) and yet this time housing is still the poster boy of the debt problem we are having. (most of those jobs are coming in lower paying tourism and service industries) My guess is this means a long slow crappy slog with many many false starts and alot of happy talk from the ‘experts’ most of whom never saw this coming in the first place; let alone a way out.

[DWCAP]

Arraya is right on this one. Somehow, a siginifant percentage of our working population just stopped looking for jobs. People are suppose to come roaring back to looking for jobs in a recovery, not fading away in ever larger numbers. But maybe people have just taken a breather for the holidays, I wanna see January numbers before I start to judge our stats.

As for the original question at the bottom of the OP,
More non construction jobs and less homes built = What for the housing market?

No one really knows. Usually it is housing that has led us out of recessions (job wise) and yet this time housing is still the poster boy of the debt problem we are having. (most of those jobs are coming in lower paying tourism and service industries) My guess is this means a long slow crappy slog with many many false starts and alot of happy talk from the ‘experts’ most of whom never saw this coming in the first place; let alone a way out.

[DWCAP]

Arraya is right on this one. Somehow, a siginifant percentage of our working population just stopped looking for jobs. People are suppose to come roaring back to looking for jobs in a recovery, not fading away in ever larger numbers. But maybe people have just taken a breather for the holidays, I wanna see January numbers before I start to judge our stats.

As for the original question at the bottom of the OP,
More non construction jobs and less homes built = What for the housing market?

No one really knows. Usually it is housing that has led us out of recessions (job wise) and yet this time housing is still the poster boy of the debt problem we are having. (most of those jobs are coming in lower paying tourism and service industries) My guess is this means a long slow crappy slog with many many false starts and alot of happy talk from the ‘experts’ most of whom never saw this coming in the first place; let alone a way out.

[DWCAP]

Depends on what kinda person you are. If you are a nit-picker who will notice and hate every single little ‘flaw’, then no. Go hire someone else to do it and then bag on them.

If you are someone who is flexable, likes plants, and isnt affraid to get alittle dirty, then go for it. You will take far more satifiaction from ‘your’ yard, even if it has a wart or two, then from something you paid other people to do. I have helped my dad re-do his yard, ~1.2acres, 3 times in my life. It isnt hard, it just takes a while.

First off, find a gardening club. Tour their yards, see what they did. Find what you like and what you dont. I once saw a $20’000 cactus tree, these things can be expensive. Dont just go to Home depot and buy. (Plus these guys are plant junkies. Get to know them and they will do your yard for free, plus give you some pups of species you wont be able to find anywhere. You just gotta be apart of the group first.)

Second, go get some good books. Read. I had no idea how beautiful some cacti/aloes can be. Just Awsome plants.

[DWCAP]

Depends on what kinda person you are. If you are a nit-picker who will notice and hate every single little ‘flaw’, then no. Go hire someone else to do it and then bag on them.

If you are someone who is flexable, likes plants, and isnt affraid to get alittle dirty, then go for it. You will take far more satifiaction from ‘your’ yard, even if it has a wart or two, then from something you paid other people to do. I have helped my dad re-do his yard, ~1.2acres, 3 times in my life. It isnt hard, it just takes a while.

First off, find a gardening club. Tour their yards, see what they did. Find what you like and what you dont. I once saw a $20’000 cactus tree, these things can be expensive. Dont just go to Home depot and buy. (Plus these guys are plant junkies. Get to know them and they will do your yard for free, plus give you some pups of species you wont be able to find anywhere. You just gotta be apart of the group first.)

Second, go get some good books. Read. I had no idea how beautiful some cacti/aloes can be. Just Awsome plants.

[DWCAP]

Depends on what kinda person you are. If you are a nit-picker who will notice and hate every single little ‘flaw’, then no. Go hire someone else to do it and then bag on them.

If you are someone who is flexable, likes plants, and isnt affraid to get alittle dirty, then go for it. You will take far more satifiaction from ‘your’ yard, even if it has a wart or two, then from something you paid other people to do. I have helped my dad re-do his yard, ~1.2acres, 3 times in my life. It isnt hard, it just takes a while.

First off, find a gardening club. Tour their yards, see what they did. Find what you like and what you dont. I once saw a $20’000 cactus tree, these things can be expensive. Dont just go to Home depot and buy. (Plus these guys are plant junkies. Get to know them and they will do your yard for free, plus give you some pups of species you wont be able to find anywhere. You just gotta be apart of the group first.)

Second, go get some good books. Read. I had no idea how beautiful some cacti/aloes can be. Just Awsome plants.

[Author]

Posts