So businesses are consumer creators now too? ROFL. I want what you are smoking...
-----Original Message----- From: Sam [mailto:sammyc...@gmail.com] Sent: Saturday, July 23, 2011 5:07 PM To: cf-community Subject: Re: Capital on the Sidelines On Sat, Jul 23, 2011 at 5:29 PM, Grussgott <grussg...@gmail.com> wrote: > > Well, no, my assumption is not that we trick anybody; its simply that in order to have demand people have to "feel" comfortable taking a risk. That takes institutions and a growing economy. As an example think of buying a house - that's a pretty big bold bet on the future of the economy! You missed the point, in order for the economy to recover we need businesses to feel safe taking the risks and that will create more consumers that will not buy iPads but higher quality foods and better ac's or whatever they've been holding back on since they are out of work. When more people are working the ones with jobs feel safer with theirs and the need to squirrel money subsides a bit. > As to whether the stimulus was Keynes or not, your talking point - because it's not actually any type of decent reasoning - is wrong. The stimulus was both much too little and very politically targeted. I.e. It was simply more discretionary spending with a teeny tiny amount of stimulus. It was a failure as it always is. The typical liberal approach is to keep trying a failed policy and hoping eventually it will work. Than claim it wasn't implemented correctly. > Hardly Keynesian. So no we haven't tried that at all. Besides throwing money at all the wrong places with stimulus and cash for clunkers we're now talking QE3. > However I'm sure you missed that part on fox news, what with all the Murdock spying coverage that channel is blasting 24/7. Did Jon Stewart teach you that line? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340900 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
