SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (864975)6/16/2015 10:41:09 AM
From: combjelly  Read Replies (1) of 1575764
 
Since Obama took office and we've gone full retard Keynesianism

If only. While there was a glimmer of Keynesian economics in the beginning, i.e. the stimulus, we have been full retard Austrian School for the most part ever since. What kind of moron implements austerity measures during a recovery? A country with a death wish that's who. If it wasn't abundantly clear that it is a galactically stupid idea, the European countries who went full austerity during the recovery proved it. Every one of them, without fail, slid back into recession. Sometimes more than once. And there was a direct correlation between the degree of austerity and how badly their economies suffered.

As to those job figures. Here is something to do. Go through and only count private sector employment. Because of our austerity measures, local, state and federal employment went down, a lot. So much that it was a significant drag on employment numbers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News