Socialism Experiment Topic

tecwrg
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Is every single dollar spent by the government a dollar well spent?
2/28/2013 2:25 PM
bad_luck
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Nope.
2/28/2013 2:26 PM
dahsdebater
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Posted by tecwrg on 2/28/2013 2:14:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:07:00 PM (view original):
Posted by tecwrg on 2/28/2013 2:07:00 PM (view original):

So what bad_luck is saying is that we've dug ourselves into a deep hole, and the best way to get out of the hole is keep digging deeper until magic happens.

GOOD PLAN!

The "hole" is not the deficit, it's the ****** economy.

Cutting the deficit through spending cuts digs the hole deeper.
Is trying to build or sustain an economy on a foundation of ever growing debt a good idea?
Most of the economics textbooks would tend to lean yes on this...
2/28/2013 2:30 PM
MikeT23
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Posted by bad_luck on 2/28/2013 2:17:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:15:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:09:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:07:00 PM (view original):
And here's where we have our circular argument.

I think we agree that consumer confidence drives the economy.   Confident people spend and that helps the economy.

My contention is that the highly publicized economic issues, which includes increasing deficit, erodes that confidence.   You seem to think that does not matter.  But, and you never addressed this, people with income and security aren't spending .  Why?
People with income and and security are spending. Consumer spending grew in the 4th quarter by 2.1%. There just aren't enough people with income and security yet.
I'm not sure increased spending in the 4th quarter is noteworthy.   I assume you can look that up and see a pattern.
It's a seasonally adjusted, year over year number. Not a comparison to the third quarter. But you knew that, right?
Yep.  My question is "Does spending go up in the 4th quarter, seasonally adjusted of course, every ******* year?"

Sorry I didn't spell it out, completely, in my first response.   I forgot that you can't extrapolate on any subject.
2/28/2013 2:37 PM
bad_luck
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Posted by MikeT23 on 2/28/2013 2:37:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:17:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:15:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:09:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:07:00 PM (view original):
And here's where we have our circular argument.

I think we agree that consumer confidence drives the economy.   Confident people spend and that helps the economy.

My contention is that the highly publicized economic issues, which includes increasing deficit, erodes that confidence.   You seem to think that does not matter.  But, and you never addressed this, people with income and security aren't spending .  Why?
People with income and and security are spending. Consumer spending grew in the 4th quarter by 2.1%. There just aren't enough people with income and security yet.
I'm not sure increased spending in the 4th quarter is noteworthy.   I assume you can look that up and see a pattern.
It's a seasonally adjusted, year over year number. Not a comparison to the third quarter. But you knew that, right?
Yep.  My question is "Does spending go up in the 4th quarter, seasonally adjusted of course, every ******* year?"

Sorry I didn't spell it out, completely, in my first response.   I forgot that you can't extrapolate on any subject.
Jesus ******* christ. It's a year over year number. It's comparing it to the 4th quarter of the year before.
2/28/2013 2:40 PM
bad_luck
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I apologize for my vague pronoun usage in the post above.

The increase is based on a comparison to 4th quarter spending from the year before.
2/28/2013 2:43 PM
MikeT23
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Posted by bad_luck on 2/28/2013 2:40:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:37:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:17:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:15:00 PM (view original):
Posted by bad_luck on 2/28/2013 2:09:00 PM (view original):
Posted by MikeT23 on 2/28/2013 2:07:00 PM (view original):
And here's where we have our circular argument.

I think we agree that consumer confidence drives the economy.   Confident people spend and that helps the economy.

My contention is that the highly publicized economic issues, which includes increasing deficit, erodes that confidence.   You seem to think that does not matter.  But, and you never addressed this, people with income and security aren't spending .  Why?
People with income and and security are spending. Consumer spending grew in the 4th quarter by 2.1%. There just aren't enough people with income and security yet.
I'm not sure increased spending in the 4th quarter is noteworthy.   I assume you can look that up and see a pattern.
It's a seasonally adjusted, year over year number. Not a comparison to the third quarter. But you knew that, right?
Yep.  My question is "Does spending go up in the 4th quarter, seasonally adjusted of course, every ******* year?"

Sorry I didn't spell it out, completely, in my first response.   I forgot that you can't extrapolate on any subject.
Jesus ******* christ. It's a year over year number. It's comparing it to the 4th quarter of the year before.
Jesus ******* Christ.    "Does spending go up in the 4th quarter, seasonally adjusted of course, every ******* year?"


Do people spend more money, every ******* year, in the last quarter?   You know, holidays, bonuses, yearly savings to splurge, that sort of thing?

2/28/2013 2:44 PM
bad_luck
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Compared to the third quarter, yes.

But not compared to the ******* fourth quarter from the year before, you unbelievably stupid person.
2/28/2013 2:45 PM
MikeT23
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I'll try to be more clear.  People spend more money in the 4th quarter every year.

With an ever increasing population, wouldn't it stand to reason, with more consumers, that the rate should go up every year?
2/28/2013 2:48 PM
bad_luck
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It doesn't.
2/28/2013 2:51 PM
MikeT23
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I'll try to be even more clear.  A 2% increase from last year to this is not significant.   It's just the natural order of things.  
2/28/2013 2:51 PM
bad_luck
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It's the largest increase since 2009.
2/28/2013 2:52 PM
tecwrg
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Posted by bad_luck on 2/28/2013 2:26:00 PM (view original):
Nope.
So wouldn't cutting the "not so smart" spending be a good thing to do?  Or is it your contention that foolish government spending is a good thing for the economy?
2/28/2013 2:58 PM
MikeT23
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You're just trying to make me laugh now, aren't you?

So it was a greater increase than 2010 and 2011?   Tough run.    What was 2010 and 2011?   1.8% or so?
2/28/2013 2:59 PM
bad_luck
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Posted by MikeT23 on 2/28/2013 2:59:00 PM (view original):
You're just trying to make me laugh now, aren't you?

So it was a greater increase than 2010 and 2011?   Tough run.    What was 2010 and 2011?   1.8% or so?
Right. The economy was really ****** in 2010 and 2011. Now that it's starting to turn around, consumer confidence is rising. Despite the super scawwy deficit.
2/28/2013 3:03 PM
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