About Those Deficits …
THEY’RE STILL OUT OF CONTROL It doesn’t take a genius to realize that the federal governYou must Subscribe or log in to read the rest of this content.
THEY’RE STILL OUT OF CONTROL It doesn’t take a genius to realize that the federal governYou must Subscribe or log in to read the rest of this content.
11 comments
How did we ever survive the 1990s?
We could have payed off all our debt in 14 years and then we were introduced to “fuzzy math.”
You’re being too negative Sic.
The Keynesians have a solution.
They are going to craft a trillion dollar coin(that actually won’t even be worth $10,000 in terms of real value) and use it to pay the deficit down a little. Just like an episode of the Simpson’s.
O ye, of little faith.
Btw, if you think the coin idea is silly, Krugman has pitched “moral coupons” as an alternative.
LMAO!
Do you mind if I pay for my hamburger today and give you a moral coupon for it later?
lol….I don’t know how much longer even the most retarded person can take these so called “economists” seriously anymore…it will be an interesting experiment though.
edit: “HAVE my hamburger today”
I like the idea of a trillion dollar platinum coin. Now all we need is a crack team of highly intelligent crooks to pull off the heist of the century – and it’ll all fit in the palm of their hand. Ocean’s Fourteen, coming out summer 2013?
I knew J. Wellington Wimpy, and you’re no J. Wellington Wimpy, so no cheeseburger for you!
BTW, the $trillion coin gambit is merely an end-run around a recalcitrant Republican House of Representatives, and is no different than selling bonds to finance the debt in economic terms.
Politically, it evades the debt ceiling nonsense that Republicans are using as a hostage for their demands for more cuts in Social Security, Medicare and Medicaid.
I’m picturing Dr. Evil holding the magic coin, pinkie upraised.
“One TRILLION dollars!!”
Making the situation worse?
I’m as libertarian as they come but the “sky is falling” nonsense isn’t:
A: working
B: happening
This congress/president/electorate doesn’t have the kahunas to address spending so the republicans best find a new straw man to flail against.
Weird, we have this paper stuff we use everyday. Anybody think it’s worthless, please mail it Rutledge Avenue in Charleston.
Or maybe can start minting silver coins or go to a barter system.
Another trip in the fits news Delorean. Remember, where you’re going, there are no roads.
Speaking of retarded, how’s that OKC Bombing investigation going, Agent Moulder?
Fucking loon.
Awe come on now douchebag, you have to know it was spelled “Mulder”.
Only a moron like yourself could make fun of silver money when the nation used it up until 65′.
Maybe for you instead of a platinum coin we could polish a turd and call it money and watch you have a party.
The problem is not the deficit. Do not attack the deficit. They are doing that in England now and there is no growth to show for it. You need to turn on the money tap and inject liquidity into the system and keep interest rates low. That stimulates the economy. That is what we are doing now. And we are slowly recovering. Obama and Bernanke are correct.
The GOP is wrong about the economy.