Suprised no one posted the 4th QTR GDP number

[olevetonahill]

HAHAHAHAHAHAH ASSCLOWN, Keynes economics works. Go look at germany gpd from 2010 to 2014 it's been FALLING. .4% in 2014 The US gpd growth rate? RAISING. 2.4% in 2014 6 - six - times higher. You have no evidence whatsoever to support your contention. Every country that embraced or had austerity forced down their throats is now paying the price for it. The austerity crowd mantra is you just wait, you just wait, you just wait. Has inflation taken off like all conservatives predicted? NO. Is the economy not growing unlike all conservatives predicted it wouldn't. NO. Anybody who is not reading atlas shrugged, follow laffer or wanniski nor listens to ANY republican knows borrowing is suppose to be temporary until the crisis passes then surpluses are to pay the money back. You need to talk to your own party about the paying it back part. .

Well at least ya admitted it finally
Yer Sh!t fer brains

[FaninAma]

HAHAHAHAHAHAH ASSCLOWN, Keynes economics works. Go look at germany gpd from 2010 to 2014 it's been FALLING. .4% in 2014 The US gpd growth rate? RAISING. 2.4% in 2014 6 - six - times higher. You have no evidence whatsoever to support your contention. Every country that embraced or had austerity forced down their throats is now paying the price for it. The austerity crowd mantra is you just wait, you just wait, you just wait. Has inflation taken off like all conservatives predicted? NO. Is the economy not growing unlike all conservatives predicted it wouldn't. NO. Anybody who is not reading atlas shrugged, follow laffer or wanniski nor listens to ANY republican knows borrowing is suppose to be temporary until the crisis passes then surpluses are to pay the money back. You need to talk to your own party about the paying it back part.

The funny thing is you actually believe any of the European countries are actually practicing austerity. Keynesians are a funny bunch. They want us to believe that a reduction in the rate of increaseof spending is a cut. That's because the whole Keynesian priciple is based on the premise of expanding the debt, expanding the money supply and then creating inflation(hopefully controlable) to pay off the old debt with devalued fiat money. The problem with that is that at some point the economy enters an infinite loop. Debt doesn't get paid off, more money has to be created to service the debt meaning less investment goes into actually increasing real production and growth.

Now with QE and ZIRP the central banks have totally warped the economic dynamics so that the traditional method of saving and investing(through bonds, CDs, etc) has been destroyed. What we are left with is a speculative dark pool of liquidity that sloshes around trying to find a decent return on investment. It is the Dutch Tulip Bulb bubble to the nth degree.

Sooner 8th, thank you for this opportunity to help enlighten you. Hopefully some of the more reasonable progressives on the board my be starting to realize what a dead end game the Fed and other central banks are playing.

[Sooner8th]

The funny thing is you actually believe any of the European countries are actually practicing austerity. Keynesians are a funny bunch. They want us to believe that a reduction in the rate of increaseof spending is a cut. That's because the whole Keynesian priciple is based on the premise of expanding the debt, expanding the money supply and then creating inflation(hopefully controlable) to pay off the old debt with devalued fiat money. The problem with that is that at some point the economy enters an infinite loop. Debt doesn't get paid off, more money has to be created to service the debt meaning less investment goes into actually increasing real production and growth.Now with QE and ZIRP the central banks have totally warped the economic dynamics so that the traditional method of saving and investing(through bonds, CDs, etc) has been destroyed. What we are left with is a speculative dark pool of liquidity that sloshes around trying to find a decent return on investment. It is the Dutch Tulip Bulb bubble to the nth degree.Sooner 8th, thank you for this opportunity to help enlighten you. Hopefully some of the more reasonable progressives on the board my be starting to realize what a dead end game the Fed and other central banks are playing.

"Sooner 8th, thank you for this opportunity to help enlighten you." Again - me laughing AT you. You are completely clueless as to what you are talking about. Do yourself and all of us a favor and looking something up before you spew your ignorance, showing your brainwashing on this board. It is tiresome. Let ME enlighten YOU. In economics, austerity describes policies used by governments to reduce budget deficits during adverse economic conditions. http://en.wikipedia.org/wiki/Austerity Seriously, learn something that does not come from rightwingnut websites. As for "because the whole Keynesian priciple is based on the premise of expanding the debt, expanding the money supply and then creating inflation(hopefully controlable) to pay off the old debt with devalued fiat money." I don't have to ask where on gods green earth you get this at, I know. Rightwingnut books and websites. Purposefully causing inflation to pay off the debt with cheaper money is a joke, put your tin foil hat back on. The point of Keynesian economics is to grow the economy with deficit spending, then when the economy grows and taxes revenues go up from the expanded economy and the additional spending is stopped, the debt is paid down that way. It was never designed to be a long term situation. Again, if you want to b!tch about not paying the debt down, talk to george w. bush and the republican party.

[FaninAma]

Keynesian method of reducing budgets: Don't cut the budget....reduce the rate of increase TEMPORARILY. Try to increase taxes. Never reduce actual spending, in fact spend significangtly more next year than this year but don't spend as much as you want to and call it a cut. Then, if you are having trouble servicing all of that debt just have the Fed cover you with QE and increase currency creation. Does that about cover it?

We'll just watch and see what happens in Japan and Europe. BTW, can you explain Japan? They have been trying aggressive Keynesian policies longer and more aggressively than anybody else and they don't appear to be in good shape.

[BetterSoonerThanLater]

you're a genius. i don't know why you even waste your time posting and responding on this board. if i were you I'd cut bait and move on to people that appreciate the kind of intelligence and enthusiasm you bring to the political areana. You have a zest for excellence in which we here at Soonerfans are unable to match. Frankly, you seek responses that we are simply unable to acquiesce at this juncture. I feel bad that you have to spend all your time and energy on a bunch of Lemmings.

If you need a reference, or a letter of recommendation to help you gain acceptance into a more prestigous message board, I'm very much willing and able.

Respectfully,

BSTL

[Sooner8th]

Keynesian method of reducing budgets: Don't cut the budget....reduce the rate of increase TEMPORARILY. Try to increase taxes. Nevery reduce atucal spending in fact spend significangtly more next year than this year but don't spend as much as you want to and call it a cut. Then, if you are having trouble servicing all of that debt just have the Fed cover you with QE and increase currency creation. Does that about cover it?We'll just watch and see what happens in Japan and Europe. BTW, can you explain Japan? They have been trying aggressive Keynesian policies longer and more aggressively than anybody else and they don't appear to be in good shape.

You just can get your head around the truth can you? You have no clue as to what you are talking about. Japan's gdp growth rate hasn't changed much in the last 25 years.

[FaninAma]

You just can get your head around the truth can you? You have no clue as to what you are talking about. Japan's gdp growth rate hasn't changed much in the last 25 years.

Care to tell us what that GDP growth has been? While you look it up remember Japan has been providing very low interest rates and tremendous government deficit spending for 20 years and variations of QE for the last decade.

And if the abject failure of Keynesian policies to kick start the world's economies wasn't reason enough to discredit them please tell how this little by-product of deficit spending is a good thing.
http://www.wsj.com/articles/BL-REB-30526

Interest rates cannot go up. It will break us.

Edit: Japan has averaged 0.49% annual growth since 1980. Awesome!
http://www.tradingeconomics.com/japan/gdp-growth

[Soonerjeepman]

FIA...give it up bro...ur posting way too many FACTS. Without calling people assclowns (apparently our "protect the lemming" campaign has gotten word of 8th's obsessive use of the term and contacted him), showing anger...ya just aren't doing it so he understands...put some anger in ur posts dang it!