Comments on: STIMULATE THIS!

By: Forrest

Forrest — Fri, 13 Nov 2009 13:05:37 +0000

Speaking of China and stimulus packages — the numbers are in, so here's a followup. According to Reuters, one year after their $586 billion stimulus package (proportionate to GDP, ours would have had to have been $1.95 trillion), China's "8 percent growth target for the year — derided by some prominent economists as fanciful well into 2009 — is in the bag. And the solid consensus is that growth will be stronger, possibly a lot stronger, in 2010, when China is set to overtake Japan as the world's second-largest economy."

By: Barb

Barb — Fri, 06 Feb 2009 14:24:11 +0000

Hmmm….according to Reich, the stimulus should not be going to people who are white and male. interesting.

http://spectator.org/archives/2009/02/05/isnt-it-reich

Interesting and typical.

By: Ian

Ian — Mon, 19 Jan 2009 18:29:25 +0000

Countdown to Doomsday 12…11…10…

By: Reader

Reader — Sun, 18 Jan 2009 16:41:42 +0000

Again, excellent column. Keep ‘em comin’.

By: Ian

Ian — Sat, 17 Jan 2009 22:51:43 +0000

NASA and the Pentagon are hardly the same thing as jobs created out of thin air for the sake of it. Or a result of the New Deal.
Labor riots were ended by giving them massive power and influence over corporations that are weighing them down today.
And Im not sure I understand what you are trying to point out about China but as for the points you HAVE made, I know why jobs are leaving but profits would be easier to make here if the government would back off.
There is a reason that we had 6% of the population and created 1/2 the world goods in our first century. For that you might want to consult Adam Smith, John Locke or Thomas Jefferson this time and not Google.

By: Enlargement

Enlargement — Sat, 17 Jan 2009 12:48:23 +0000

I am amazed with it. It is a good thing for my research. Thanks

By: Ian

Ian — Sat, 17 Jan 2009 01:04:39 +0000

Nowadays you’re right. Back then most of it was American made though.
I understand he cut unemployment. Give a guy a shovel and pay him to dig a hole in his neighbors back yard while you pay the neighbor to fill it in does create jobs…for awhile. Ultimately it didn’t do anything but waste tax payer money and straddle us with enormous entitlement costs still weighing us down to this day. When people are starving, FDR decided to look to fascist Europe and “experiment” with our Founders grand design.
The only jobs the government can create are government jobs. A lot of times, useless and very expensive, they would have us believe that the more they steal from us the better our lives will be. The New Deal was a shining example of that hollow promise.

By: Ian

Ian — Fri, 16 Jan 2009 20:50:11 +0000

All those jeeps to protect freedom sounds worth it. Or we’d all be speak german or japanese right now.

By: Ian

Ian — Fri, 16 Jan 2009 20:46:27 +0000

And all the money FDR threw at it did nothing.

By: Ian

Ian — Fri, 16 Jan 2009 14:05:29 +0000

Thomas Jefferson wrote…”If the American people ever allow the banks(the Fed) to control the issuance of their currency, first by inflation and then by deflation, the banks and corps that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.)
More profound than anything from Karl Marx.