As far as the eye can see

As far as the eye can see

Trillion-dollar deficits as far as the eye can see, and hardly a voice of caution to be heard

https://thehill.com/opinion/ca... 

Most Republicans strongly want to keep those tax cuts — the only significant achievement of three years of party rule — and have little interest in tackling politically popular entitlements. In the years the Republican Party controlled both houses of Congress and the White House, it focused only on gutting the Affordable Care Act.

This has become the Trump Party, which overshadows the old Republican battle lines between budget balancers and tax cutters. This Republican executive is a tax cutter and budget buster.

As well as the politics, Democrats have a strong policy basis for their position. Early this year, the two most prominent Democratic economists — former Treasury Secretary Larry Summers and Jason Furman, chairman of the Council of Economic Advisers, both under Barack Obama — wrote an influential article citing structural declines in interest rates. This means that “policymakers should reconsider the traditional fiscal approach that has often wrong-headedly limited worthwhile investments in such areas as education, health care and infrastructure,” they said.

“Politicians and policymakers should focus on urgent social programs, not deficits,” they advised.

They don't go as far as the Modern Monetary Theorists who basically argue the sky is the limit on debt unless inflation takes off. Instead, Summers and Furman claim a key is that the federal debt — as a percentage of the economy — stays at a relatively stable 3 percent to 4 percent, where it has been for the past five years.

The Republican deficits hawks, most recently former House Speaker Paul Ryan, have been rendered obsolete, as least as long it’s the party of Trump.

Re: As far as the eye can see

по ссылке оттуда - замечательный опус в National Observer 76-го года

Taxes and a Two-Santa Theory

https://wallstreetpit.com/2654... 

The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus. The only thing wrong with President Ford is that he is still too much a Hoover Republican when what the country needs is a Coolidge Republican.

These statements, seemingly absurd, follow naturally from the Two-Santa Claus Theory of the political economy. Simply stated, the Two Santa Claus Theory is this: For the U.S. economy to be healthy and growing, there must be a division of labor between Democrats and Republicans; each must be a different kind of Santa Claus.

The Democrats, the party of income redistribution, are best suited for the role of Spending Santa Claus. The Republicans, traditionally the party of income growth, should be the Santa Claus of Tax Reduction.

как раз тот самый двухпартийный компромисс, о котором я здесь давно рассказываю

короче, учение ММТ всесильно, потому оно вер^H^H что всем пох. anyway

Re: As far as the eye can see

On Monday, December 2, 2019 at 11:58:42 AM UTC-5, 999Vulcan wrote:

по ссылке оттуда - замечательный опус в National Observer 76-го года

Taxes and a Two-Santa Theory

https://wallstreetpit.com/2654... 

The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus. The only thing wrong with President Ford is that he is still too much a Hoover Republican when what the country needs is a Coolidge Republican.

These statements, seemingly absurd, follow naturally from the Two-Santa Claus Theory of the political economy. Simply stated, the Two Santa Claus Theory is this: For the U.S. economy to be healthy and growing, there must be a division of labor between Democrats and Republicans; each must be a different kind of Santa Claus.

The Democrats, the party of income redistribution, are best suited for the role of Spending Santa Claus. The Republicans, traditionally the party of income growth, should be the Santa Claus of Tax Reduction.

как раз тот самый двухпартийный компромисс, о котором я здесь давно рассказываю

короче, учение ММТ всесильно, потому оно вер^H^H что всем пох. anyway


"Hoover did everything he could think of to slow liquidation. He got businessmen to pledge to hold on to uneconomic labor and to sustain un economic wage rates. He tried to prop up farm prices. He argued for expansion of Federal Reserve credit. And he signed the Hawley-Smoot Tariff Act to protect American labor, thereby causing a further contraction of the world economy.”"

как раз на днях детям показывали:

https://www.youtube.com/watch?... 

"something d-o-o economics"

Bueller? Bueller?

Re: As far as the eye can see

на всякий случай - никто не читает и тем более не сморит ютубы
потому что врети как всегда


Re: As far as the eye can see

On 12/2/19 8:55 AM, 999Vulcan wrote:

Trillion-dollar deficits as far as the eye can see, and hardly a voice of caution to be heard

https://thehill.com/opinion/ca... 

Most Republicans strongly want to keep those tax cuts — the only significant achievement of three years of party rule — and have little interest in tackling politically popular entitlements. In the years the Republican Party controlled both houses of Congress and the White House, it focused only on gutting the Affordable Care Act.

This has become the Trump Party, which overshadows the old Republican battle lines between budget balancers and tax cutters. This Republican executive is a tax cutter and budget buster.

As well as the politics, Democrats have a strong policy basis for their position. Early this year, the two most prominent Democratic economists — former Treasury Secretary Larry Summers and Jason Furman, chairman of the Council of Economic Advisers, both under Barack Obama — wrote an influential article citing structural declines in interest rates. This means that “policymakers should reconsider the traditional fiscal approach that has often wrong-headedly limited worthwhile investments in such areas as education, health care and infrastructure,” they said.

“Politicians and policymakers should focus on urgent social programs, not deficits,” they advised.


Во-от, сам признаешь, что демократы - ублюдки.

-СБ

Re: As far as the eye can see

бабкин все таки читает

(зрада)

Re: As far as the eye can see

On 12/2/19 8:15 PM, sergiy.shpak@gmail.com wrote:

бабкин все таки читает

(зрада)


Я вроде не обещался не читать. На Вулахом похихикать каждому интересно.

-СБ

Re: As far as the eye can see

On Tuesday, December 3, 2019 at 7:20:13 PM UTC-5, SB wrote:

On 12/2/19 8:15 PM, sergiy.shpak@gmail.com wrote:

бабкин все таки читает

(зрада)


Я вроде не обещался не читать. На Вулахом похихикать каждому интересно.


ты просто как всегда не понял, о чём речь

а мне недосуг объяснять

you can take a horse to water

Re: As far as the eye can see

On 12/3/19 4:35 PM, 999Vulcan wrote:

On Tuesday, December 3, 2019 at 7:20:13 PM UTC-5, SB wrote:

On 12/2/19 8:15 PM, sergiy.shpak@gmail.com wrote:

бабкин все таки читает

(зрада)


Я вроде не обещался не читать. На Вулахом похихикать каждому интересно.


ты просто как всегда не понял, о чём речь


Я как всегда понял. Что ты - коммуняка, и копируешь коммуняцкую хрень,
которая на все глядит с позиций коммунячьей мерзкой и извращенной морали.


а мне недосуг объяснять

you can take a horse to water


Ну да, а заставить тебя использовать мозг - невозможно.

-СБ

Re: As far as the eye can see

On Tuesday, December 3, 2019 at 8:19:09 PM UTC-5, SB wrote:

On 12/3/19 4:35 PM, 999Vulcan wrote:

On Tuesday, December 3, 2019 at 7:20:13 PM UTC-5, SB wrote:

On 12/2/19 8:15 PM, sergiy.shpak@gmail.com wrote:

бабкин все таки читает

(зрада)


Я вроде не обещался не читать. На Вулахом похихикать каждому интересно.


ты просто как всегда не понял, о чём речь


Я как всегда понял. Что ты - коммуняка, и копируешь коммуняцкую хрень,
которая на все глядит с позиций коммунячьей мерзкой и извращенной морали.


а, ну т.е. ты понял всё наоборот
как всегда



а мне недосуг объяснять

you can take a horse to water


Ну да, а заставить тебя использовать мозг - невозможно.


спасибо, Серега!