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September 28, 2010 at 9:13 AM in reply to: Government spending is more beneficial than private spending #610095September 28, 2010 at 9:13 AM in reply to: Government spending is more beneficial than private spending #610643
Rich ToscanoKeymasterTroll alert.
September 28, 2010 at 9:13 AM in reply to: Government spending is more beneficial than private spending #610756
Rich ToscanoKeymasterTroll alert.
September 28, 2010 at 9:13 AM in reply to: Government spending is more beneficial than private spending #611067
Rich ToscanoKeymasterTroll alert.
Rich ToscanoKeymasterSome I think are useful, apologies if any repeats:
runkeeper
ourgroceries
yelp
beejiveim (if you want to im from your phone instead of texting)
cheapgas
instapaper
trapster
pandorathe following two only apply if you have the mac version, as they sync up:
1password
things (mac version is the best to-do list software ever)
Rich ToscanoKeymasterSome I think are useful, apologies if any repeats:
runkeeper
ourgroceries
yelp
beejiveim (if you want to im from your phone instead of texting)
cheapgas
instapaper
trapster
pandorathe following two only apply if you have the mac version, as they sync up:
1password
things (mac version is the best to-do list software ever)
Rich ToscanoKeymasterSome I think are useful, apologies if any repeats:
runkeeper
ourgroceries
yelp
beejiveim (if you want to im from your phone instead of texting)
cheapgas
instapaper
trapster
pandorathe following two only apply if you have the mac version, as they sync up:
1password
things (mac version is the best to-do list software ever)
Rich ToscanoKeymasterSome I think are useful, apologies if any repeats:
runkeeper
ourgroceries
yelp
beejiveim (if you want to im from your phone instead of texting)
cheapgas
instapaper
trapster
pandorathe following two only apply if you have the mac version, as they sync up:
1password
things (mac version is the best to-do list software ever)
Rich ToscanoKeymasterSome I think are useful, apologies if any repeats:
runkeeper
ourgroceries
yelp
beejiveim (if you want to im from your phone instead of texting)
cheapgas
instapaper
trapster
pandorathe following two only apply if you have the mac version, as they sync up:
1password
things (mac version is the best to-do list software ever)
Rich ToscanoKeymasterCitydweller, the problem is that it’s too early to say that people haven’t suffered as a result of the stimulus… we haven’t had to pay for it yet. When the time comes that we are expected to actually start paying down our debt (or when the time comes that the world realizes that we’re not actually going to pay it down, more likely), that’s when the effectiveness or lack thereof of the stimulus will be seen.
Rich ToscanoKeymasterCitydweller, the problem is that it’s too early to say that people haven’t suffered as a result of the stimulus… we haven’t had to pay for it yet. When the time comes that we are expected to actually start paying down our debt (or when the time comes that the world realizes that we’re not actually going to pay it down, more likely), that’s when the effectiveness or lack thereof of the stimulus will be seen.
Rich ToscanoKeymasterCitydweller, the problem is that it’s too early to say that people haven’t suffered as a result of the stimulus… we haven’t had to pay for it yet. When the time comes that we are expected to actually start paying down our debt (or when the time comes that the world realizes that we’re not actually going to pay it down, more likely), that’s when the effectiveness or lack thereof of the stimulus will be seen.
Rich ToscanoKeymasterCitydweller, the problem is that it’s too early to say that people haven’t suffered as a result of the stimulus… we haven’t had to pay for it yet. When the time comes that we are expected to actually start paying down our debt (or when the time comes that the world realizes that we’re not actually going to pay it down, more likely), that’s when the effectiveness or lack thereof of the stimulus will be seen.
Rich ToscanoKeymasterCitydweller, the problem is that it’s too early to say that people haven’t suffered as a result of the stimulus… we haven’t had to pay for it yet. When the time comes that we are expected to actually start paying down our debt (or when the time comes that the world realizes that we’re not actually going to pay it down, more likely), that’s when the effectiveness or lack thereof of the stimulus will be seen.
Rich ToscanoKeymaster[quote=citydweller]So does this mean the stimulus really was necessary to avoid a downward, deflationary spiral?[/quote]
“A” stimulus, maybe, but “The” stimulus? (The one that mostly bailed out financial companies?) No… good writeup here:
http://www.ritholtz.com/blog/2010/08/bailout-counter-factual/
Also: I believe that the whole “consumers will put off purchases if prices are dropping” thing is way overblown, in this tutorial and elsewhere. People might put something off for a little while, but that would only last for so long because A) life goes on and B) people would eventually want to capitalize on the good deals. Look at the computer industry as evidence, prices are constantly dropping there and yet people somehow buy computers.
The more harmful aspect of deflation, in our society, is that if the society is highly indebted then deflation causes the real burden of the debt to rise.
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