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Politics : View from the Center and Left
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To: JohnM who wrote (103243)2/5/2009 4:02:11 PM
From: Steve Lokness  Read Replies (1) of 542068
 
John;

So let's just say he was trying to be funny with that comment. And probably ridiculing the Obama proposal.

He was deadly serious. Trust me, I watched the show. Besides why do you argue on this, Stein supports Krugmans thinking we need to rain money from the helicopters.

If I understand your paragraph about Krugman correctly, what bothers you is anything beyond infrastructure spending and, possibly, tax cuts.

My original argument with Krugman was that he was crying for a larger stimulus at a time I felt Obama should be given the support to pass his idea. ........My disagreement with Krugman was intensified when I learned how little infrastructure was in the bill - compared to the laundry list of democratic wish list spending. That disagreement was mostly directed at Pelosi - but I include Krugman, because they both just want to throw money at the problem - Bush like.

These are also justified on spending grounds and support for state and local governments.

We will have to just disagree on this John, but I sure wish I could get you to think of paying it back. The medicaid/medicare demographics shortfall now is over 400,000 dollars for every family (or individual - not sure which). That is just that one item. Throw in the deficit spending for the wars, and throw in the deficit spending for this stimulus plan, and throw in the interest to maintain these mountains of debt and as you can see we are really in deep doodoo. Not little doodoo, but armpit high doodoo with no relief in sight. Granted this type of thinking came from the Bush years and that stupid thinking that "deficits don't matter". But I think they do and I think our kids are going to wag their finger at us for our recklessness.

steve
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