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Forums - General - The American Thread of Mid-Term Elections (2010)

MontanaHatchet said:

Well said, Kasz. I hate Paul Krugman so much. Everytime he says something along the lines of "The problem with the bailouts is we didn't spend ENOUGH," I just want to puke.

Problem with Krugman is that he's no longer an economist. He's a cheerleader of Democrats. To me, you lose any and all credibility as an economist when 95% of your articles lambaste political parties and people that question Keynesian policies.

FWIW, a degree in economics is where its at. Median incomes from those that have the degree are the highest in the US.



Back from the dead, I'm afraid.

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mrstickball said:
MontanaHatchet said:

Well said, Kasz. I hate Paul Krugman so much. Everytime he says something along the lines of "The problem with the bailouts is we didn't spend ENOUGH," I just want to puke.

Problem with Krugman is that he's no longer an economist. He's a cheerleader of Democrats. To me, you lose any and all credibility as an economist when 95% of your articles lambaste political parties and people that question Keynesian policies.

FWIW, a degree in economics is where its at. Median incomes from those that have the degree are the highest in the US.


It doesn't help that what he says directly contradicts what he's witten.

LOTS of people are saying this new round of QE is too small at 500 billion.  Which combiend with the last round is 1.2 Trillion worth of capital pushed into the system... if that combined with the actual stimulus spending isn't enough...

How much is?

It seems pretty clear to me, either stimulus spending doesn't work... OR if it does work, we weren't spending it in the right places.



I thought the first round of stimulus spending was a success. This latest round seems a bit pointless though.



I think weed should be legalized, and this is coming from a non-smoker (I'm not against it, I just don't do it myself).

It has many benefits like all the tax money they can make off of it and plus it'll be safer and be standardized.



Rath said:

I thought the first round of stimulus spending was a success. This latest round seems a bit pointless though.

In the US?  Nah, even most of the liberal economists think we're headed for a double dip.



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Kasz216 said:
Rath said:

I thought the first round of stimulus spending was a success. This latest round seems a bit pointless though.

In the US?  Nah, even most of the liberal economists think we're headed for a double dip.


So then...when's a good time to buy stocks? General question (if the market is going to hit the toilet again I'll just wait a while longer).



 

 

MontanaHatchet said:
Kasz216 said:
Rath said:

I thought the first round of stimulus spending was a success. This latest round seems a bit pointless though.

In the US?  Nah, even most of the liberal economists think we're headed for a double dip.


So then...when's a good time to buy stocks? General question (if the market is going to hit the toilet again I'll just wait a while longer).

I think the QE should drive up stocks, as they should inflate.

Find a good. And I mean good, investment broker. Someone you can trust. They can get you in at the right time, and get you out at the right time. My broker had all his clients out before the crash in '08. Saved everyone a lot of money.



Back from the dead, I'm afraid.