One simple fact that Right Wingers everywhere forget:

[socialshockwave]

"Our own history PROVES that at a time of economic crisis - if the businesses aren't spending, and the consumers aren't spending - the government MUST spend!"

WHY CAN'T RIGHT WINGERS WRAP THEIR HEADS AROUND THAT FACT?!

If NO ONE SPENDS MONEY THERE IS NO RECOVERY.

/sigh

[HuckleB]

1. Thought, logic, the big picture. It's all "Ferain" nonsense to them.

:mad:

[socialshockwave]

3. Which is why when Teabaggers like Rand Paul talk about "starving the beast",

it makes me laugh because without that "beast" called government - THERE WOULD BE NO RECOVERY FROM MOST RECESSIONS!

[HuckleB]

5. Well, they're like four-year-old who think they can make it without anyone else.

Luckily, for the four-year-olds, most parents stick with them.

[RKP5637]

2. Yep, it's a very basic principle as to how economies work, but many just

can't seem to comprehend it ...

[Big Blue Marble]

4. Haven't Obama and the Democratic leaders had a memory lapse as well?

Obama was wanting to cut the budget by over a trillion more than this deal does.

[HuckleB]

The lost their backbone, their thigh bones, and everything else.

No one knows what's left of the Democratic party after today.

[Amonester]

6. Yep. And add to that the fact that...

not only if no one spends money there is no recovery, but ALSO if the gobermint CUTS trillions, there is a DEPRESSION.

[socialshockwave]

7. I would rather

Run a deficit NOW during a mild to moderate crisis then run one later on when it's a full BLOWN DEPRESSION!

I mean you can PAY DOWN the deficit spending later on after your economy is back on the rails. DUH?

Doing nothing never works. the "Free market" never fixes itself - it just keeps on making money, bad times or good.

[socialshockwave]

8. double post. delete n/t

[Zax2me]

9. The govt is out of money. You want to print more?

Hello, inflation - join our economic crisis, no job and no raises are already here.

Our govt has no money.
In fact, we have already spent the money of future generations.

[socialshockwave]

10. That's the fault of all these damned wars, defense spending and SUBSIDIES TO BIG OIL.

End those. Boom - crisis over.

[Cerridwen]

12. And yet, they found plenty of money to keep the banks, hedge funds, and

shadow markets from failing? It seems to have plenty of money for foreign aid and fighting wars and so much money they don't have to investigate billions(trillions?) of palletized money disappearing from Iraq.

Strange, isn't that?

They can save the bankster types but they can't save "We, the People".

Hmmmmm, you think their focus is a bit skewed?

[jeff47]

18. That would be good.

We're in a liquidity trap. That means the "normal" rules do not have the same effect.

Inflation would be a good thing about now. It would mean businesses and banks would be incentivized to not hold onto cash. Plus it would reduce consumer debt in real terms, which would also be very good in our current situation.

Now that doesn't mean printing money like crazy until you get hyperinflation. What it does mean is printing money until you get something like 4-5% inflation, instead of 0-1%.

[lonestarlib]

11. Isn't that the point?

[libbyhart]

13. Very short sighted!

God forbid we have another terrorist attack, or just good ole mother nature with tornadoes, hurricanes, earthquakes etc. Do you think we can spend money then, or will it depend on whose district gets hit. This is the worst time to decrease spending, and what ever happened to the jobs?

[lapfog_1]

14. And, apparently, not a single republican has ever taken a first year college economics course

"job creators" do not create jobs. No matter how much money they have they will NOT create a single job to produce a product or service UNLESS there is someone looking to purchase the good or service.

Demand creates jobs.

[booley]

15. It's a faith based argument

One might as well explain how the earth is older then 6000 years or there isn't going to be a rapture.

They believe it because it's part and parcel of their world view. To accept otherwise is to also accept they have been wrong and the evil dirty hippy commie liberals were right.

Indeed, from their POV, liberals not believing it must mean it's true.

We can argue why they believe that and if they are just parroting some corporate propaganda or not. In the end it's irrelevant since they still believe it regardless of the source. And too many will see the world burn before they stop believing it.

Sigh.

Unless we can get past this as a species, we are probably doomed.

[Lorien]

16. One of the oldest economic truths: you have to spend money to make money. nt

[mmonk]

17. Because the Fortune 500 companies are projected to get 70%

of their profits from foreign sources over the next five years. They don't need demand here anymore.

[LatteLibertine]

19. It's kinda hard

for there to be proper demand with a largely gutted middle class and so many folks unemployed or underemployed.

[Urban Prairie]

20. Rightwingers want to utterly destroy the Democratic Party

And cause its supporters, voting or not to become homeless or imprisoned, and that has been the case for decades, that is why they support everything that will help them achieve that goal, they do not care about the debt, other than using it as a tool, like borrowing and spending on defense and the military, first vs the "commies", now vs terrorism. They want to drain the US of its natural resources through "drill, baby, drill", and eliminate every government agency that prevents business from raping, polluting, and pillaging the ecology and environment, while hypocritically whining about leaving trillions in debt, to future generation,despite much of it that was created when THEIR party was in the Oval Office. Their ilk are just hypocrites and liars, who do not care about anything but themselves and their hate of the left and minorities. Their fiscal conservatism is all a charade, and their hatred of socialism is merely the part that assists the poor, disabled, and aged, and they enthusiastically support socialism BUT only for the wealthy and corporate capitalists.