If spending is all we need to create a long lasting economic boom then why didn't the spending boom in the early 2000's lead to everlasting prosperity???
Have lost in their "jobs" policies. When you create jobs that do not provide value then those jobs will be temporary. Because their will be no return on those jobs. Just creating jobs is not the answer but creating jobs that provides something that consumers see as valuable.
Madcow is a moron. Just another reason why i never watch her show. Schiff is just more honorable and obviously on a much higher plane of thought. Saving creates wealth.
I actually made a video called "Paul Krugman / Peter Schiff Debate on Rachel Maddow Show" in January and when I saw yours I thought it came after mine, it actually came before so you are right on the money.
I just want to see Maddow's face if Krugman ever goes on again and tells her his alien theory of economics---did you hear about this?
Krugman said this past weekend that if we thought there was going to be an alien attack it would save our economy. hilarious!!
And as far as Rachel Maddow goes--why would anyone think that a snarky, communist lesbian who makes a living from calling people racists would have any kind of useful insight on economics to begin with? Her whole job revolves around towing the leftist agenda, she has no clue what she's talking about. I bet she'll be singing a different tune when the price of her doc martin's and roller derby tickets go up.
Stimulus moneies almost always mean failed business ventures, its a waste of money for someone to make shit no one needs. Stimulus is a lie. Stimulus money gets diverted into banks. Rachel Maddow is wrong. The government hires contractors for roads and such through budget, and most of its handled at state level. The federal government is GIVING money to banks to make low intrest loans to people that make shit like retail and web investments which quickly default, because no one wants crap.
Keynesian economist have negative economic knowledge. Learn about Austrian business cycle theory. The last about 100 years have been mostly inflationary policy from the FED. We really got started after Bretton Woods where now we can export our inflation offshore to other countries too. We couldn't keep the lid on gold prices ,first by selling, then a 2 tier gold price , then shutting the door at 42.22$/ounce in 1973. Point is Austrians can predict the bust,Keynesians can't. Who knows real econ?
So Rachel says we are in the depression because people aren't buying enough stuff... Hey, Rachel, when America has an uninspiring president who doesn't know what he is talking about, it doesn't exactly stimulate confidence.
America doesn't believe or want to follow a hollow suit.
Maddox asks for a little help from a hollow suit, a weak link, if you will. Have you ever heard of the blind leading the blind. Well, that is Obama and Maddox. This president should stick with basketball and a little less economics. Please, my friends, don't forget that Obama and Maddox are NOT economists. They are entertainers.
I respect Rachel, so I hope she knows better than this. When you base your entire economy on people blowing their money on credit, you get a crisis like we have now. That's the problem that America faces now. Conservatives and Liberals alike have built an economy for the last 50 years on spending. That's fine, as long as you're making enough money and have the cash on hand to pay off that loan if the value of what you bought goes down. That's what caused the meltdown, Rachel. Credit spending.
@KimInLosAngeles Maddow should study a little. How about a little Milton Friedman, Rachel? Or better yet, just stay away from somethiing you know nothing about.
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Lets see Schiff go up against Maddow in person. He won't. In times of growth you pay off the deficit. In times of contraction you spend the $. Predatory mortgage lending - Attorney's General from 50 states petitioned Cheney to stop it in 2003. The FBI reported on it as a threat to the economy in 2004. Cheney's response? 30-1 lending reserves passed by his SEC in 2004 & full steam ahead. One of the AG's Spitzer forced AIG CEO Greenberg to resign for massive fraud. He & Cheney knew.
@danger0usknowledge You're funny. It's not up to Peter Schiff, it's Maddow. Schiff can't simply storm in the studio. We dont have money to spend. Are you guys label china a predator lender when we start having trouble paying back are debt?
@DontMeanWell All the Chinese Commies in history couldn't have done more to defeat this country than Roland Arnall's Ameriquest & all the predatory mortgage/ derivative criminals throughout big finance. ALL OF THEM probably consider themselves loyal libertarian/ republican patriots. I saw them with the house flippers on CNBC in 2005 trying to debate Robert Schiller the "commie liberal" who was raining on their parade by telling them the party was over. Schiff was 1 of many.
@danger0usknowledge He won't? He would wipe the floor with this bailout-supporting shill. And thanks for the little eighth-grade lesson about spending during bad times and saving during good times. Exactly the opposite was done in 1920, when an incipient depression came to an end. But your advice was followed in Japan in the 1990s and recently. How's your juvenile economics looking now?
@DRNevans Gee wiz, give us some more WWE economic rant. Speaking of which didn't Schiff lose to Linda Mc? My formula was followed by Clinton & Obama & by Krugman among others. Exactly the opposite was done by Cheney. Schiff vs Krugman (or Maddow) in a format where he can't go into filibuster drone mode. Liked Schiff when he was going up against RNC shills like Cavutto & Kudlow. Schiff did his country a service. My comment below describes these wonderboy "patriots" in the $ sector.
this lady is sooo fucking stupid. these people just don't get it. all they see is short term symptoms. The whole fucking economy needs to be changed. You don't see Chines buy shit as the methedoloy for building their futuer, I wonder who is gokng to have the a better future and i wonder who is will be in the tiolet.
Rachell I'm an engineer and self taught hard core economist. Saying things like that to millions of people on MSNBC should be a crime and you should be jailed. You did more damage to people with your idiotic statement about spending then a prison riot where everyone has guns shooting each other. Believe me you don't have clue when it comes to economics and you are so so so very wrong. Peter Schiff is right and has always been right. You are so off base in your comment.
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Peter shiff is a idiot want to be. I cant believe people are not calling him out for what he is. A moron he thinks he has all the answers but knows nothing about the economy. i am going to enjoy him getting desicrated by dodds.
This comment has received too many negative votesshow
Hey nitwit, Peter is nothing more than a phony market speculator that got rich of these so called mistakes he keeps talking about. Real respectable economists laugh at this fool. He has no real solutions to anything.
I wonder if you'll be thinking the same thing when you're drinking out of a paper bag on the street because Peter Schiff was right and the economy finally imploded as the dollar exploded.
Dodd has been wrong about nearly everything, and if you can't see that, then you either haven't been paying attention or you are truly lost. Dodd deserves to be ousted.
Maddow is Rhodes Scholar, of course she is going to spew nonsense like Keynesian "economics". Peter makes this so clear. Spending is what got us into this problem. How could Maddow defend against that. Is she going to fight back with "no youre wrong, we produced too much stuff and weren't buying enough stuff with cheap credit." I mean seriously, how can she be that retarded and arrogant. she needs to listen to man that laid out the whole problem years in advance.
people aren't buying because they don't have money. They don't have money (real value) because the government policies of taxation, war economy and inflation.
I love how everyone here thinks they have a PHD in economics, and know how this country is run. I trust Rachel and Obama's intellectual prowess over any you people's ignorant comments any day... How are people suppose to produce, if there is nothing being funneled into the economy. She doesnn't say grab your credit card and go crazy, spend within your means, but how are stores, restaurants, and virtually any other capitalist institution suppose to prosper if the people aren't spending into them?
Ya know, smart people know that the egg came first. Supply drives demand. But the people who think that demand drives supply are the ones who get hired.
How are people suppose to produce, if guvment took everything from them to "stimulate" the economy, which actually needs more savings (that is, pay attention: LESS SPENDING) to rebuild the proper structure of production. THEN the people will produce and engage in fruitful exchange.
The guvment just needs to stay out of the way of the enterpreneurs.
They're not spending because they're losing their money and their jobs.
The first casualty in this mess should be those who caused it & the second should be the size of our Government. If that's not enough the people will get hit.
What the Government is doing is hitting the people first, expanding Government to ensure greater control, and using their control to steal from the people and give to those who created the mess.
If you think that'll lead to prosperity I suggest you educate yourself.
My degree is actually in economics, and I can tell you that when someone like this says we are in a post-bubble economy because "people aren't buying enough stuff - there's S but there's no D.." she clearly doesn't understand the business cycle, Keynesian pump priming, or the role of prices and interest rates.
When people called it a spending bill they weren't talking about stimulus spending, I think they were more referring to the PORK spending, which the stimulus bill was full of.
So bullpucky to you Rachael.
Can I get a little help here, where are the 600,000 jobs Obama promised to create over the Summer? Remember he was going to push some of the stimulus early at the beginning of the Summer? Remember he was going to make it profitable for companies to stay in the US?
She is an idiot. I wonder if she realizes that we American's have spent money wildly for the last 30 years and our economy is on life support. I wonder if she realizes that the problem with our economy is not that we have too little "stuff". We don't need more "stuff". We need to save our money, make things for other people, e.g., the Chinese, and build our wealth. Plus, she speaks as though she is addressing a bunch of first graders. She is an idiot.
RACHEL MADCOW!!! MOOOOOOOO OOOOOOOOO MOOOOO MOOOOO!!! Look at me. Im a dyke cow pretending i know stuff!!!! MOOOOOOOOOOOO MOOOOO. Go back to grazing, eating grass and sniffing the girls. That hairdoo gets butcher every day. What kind of dyke chop is that? You look like a little scotish boy reading us the news.
I was feeling so happy there at the beginning when that lady told me spending what I don't have would save me. Even though it doesn't make sense she made it all sound so positive and I got all warm and fuzzy inside.
I felt like when those bad guys blew up those buildings and that nice man came on TV and told me it was ok to go spend some and not to worry. He said I was very patriotic when I shopped - just like the woman.
Then the logical guy came on and told me something different.
She doesn't understand economics at all. She is totally confused.
"Money" only comes from production. Government spending doesn't create money, it only reallocates it and does so poorly by taking money from productive jobs and businesses and giving it to unproductive ones.
is rachel maddow that stupid or does she just play and idiot on tv? here is a tip for you rachel leave the economic debates and opinions for the grown-ups! the more you talk the more idiotic you sound! no wonder nobody watches msnbc . people cant find any common sense or logic on that news network! maybe if they spent less time ridiculing people and bashing fox news _because they are leading every news network COMBINED!_ and more time reporting the facts. maybe people would watch!
Agree Biggsrr...I laugh when these people speak without knowing what they're talking about. They look like idiots! I've sad this 1,000 times...a nation can only sustain or increase its wealth through production, from the ground (crops, natural resources, ect) or mfg. If they don't do those things, the money loop doesn't close and wealth leaves our shores. It's that simple! Spending is a short term solution, but the potential collapse of the dollar will be the result.
MSNBC continues to prove how irrelevent they are. This is their analysis? This is their solution? People should spend money they either don't have or raid their rainy day fund. The reason spending is such a large portion of our economy is because of the credit card lifestyle we've led the last 20 years and the steady erosion of industry in this country the last 30 years. Cap/ Trade and Healthcare should finish off what's left of our industrial GDP.
There is hope for America yet. It will not be because of the dollar and it will involve lots of pain but I see comments posted more and more saying that spending is not the answer - that's why there is hope. I don't live in America but I have seen a change in attitude since the collapse happened and it's people wanting to live within their means. The fact that people can see that this lady is an idiot says to me that there is hope for America yet. Keep spreading the sound money principals people
This lady is truly an idiot. Spending doesnt create jobs. The money to spend has to come from somewhere you idiot. Its called productivity. You dont go into debt to buy things. What a moron.
Ms. Maddow should show everyone her personal finance ledger. Before these people give advice let's look at their income and expenses. I'm sure her income is way above the average person's wage. From these numbers we will see:
1) Does she know how to take care of money or is she way in debt. This would lend some credibility to her advice.
3) Is she spending towards prosperity or saving money and spending wisely the way a truly responsible person would in such chaotic economic times.
Spending is what got this country into this mess...buying items that they couldn't pay for ...living beyond their means.......living on credit....then making minimum payments that only went towards the interest, never affecting the principal.....we need to save, not spend. This woman is an idiot !!!!
I think what Maddow should do is to ask why the economy keeps crashing every 5-6 years to the point that huge government stimuli or spendings are needed to try to keep it alive. In well-managed healthy economies there should not be recessions-depressions or big government interventions or spendings.She is not addressing the real underlying problem and is trying to justify what is going on today which is the end result of that problem.
i dont fault people for ignorance. i do fault people who dont know what the heck they're talking about, but act like they do. maddow doesn't know what the heck she's talking about. she doesn't know economics. she would cheer lead obama all the way over the cliff.
It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. - Mark Twain
i've only seen a few youtube clips of her, but from what I gather she's not dumb...just wrong on a lotta things, lol. There are plenty of smart people that are simply wrong about lots of stuff cus they don't have knowledge of those things. Kind of like if you were to ask a physicist some question about how DNA replicates or if you were to ask a dentist which countries went to war some time way back in history.
Well, the reason she's wrong on a lot of things is because she broadcasts her uneducated opinion rather than first researching the subject matter (in this case basic economics), and then forming her opinion based on the facts. Smart people don't make that mistake over and over again.
Actually, I think it's usually smart people that MOST often make that mistake. They think they're competent enough to hear someone's spiel on the basic gist of things and then form an uneducated opinion(believing it's educated) on that thing, whereas dumb people (at least in my experience) usually don't form an opinion at all on the subject, but that's at least more honest that simply speaking on the subject before having a good grasp on it, lol.
Yep, that's right! When your in a hole dig a Grand Canyon.
What would you do in your own family situation if you spent yourself into debt? Would you go out & get a million dollar loan & think that one day it's not going to catch up with you?
Same thing the gov. is doing. The more we stimulate, the harder we will fall.
If you don't have the money to invest, like many, I would stock up on necessities.
How do you tell people to spend & then call this a jobless recovery?
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peter is been talking invest in gold, silver
or foreign stocks. on the other, peter wants us to save money and not to spent?! i can barely put foods on the table right now and peter wants me to buy
yea he wants you to save money and not buy new houses, new cars, and all other non needed consumption this government wants to prop up and encourage so he wants you to save so you can do things as feed yourself and pay down your debts. Also he wants you to buy gold because its price is going to sky rocket, and the price of the dollar will plummet so hes trying to save you from the misery of having all of your assets and savings wiped out by massive hyper inflation caused by the spending bills.
the problem we are in this mess is because of too much borrowing and spending we need to stop propping up an economy of debt financed consumption and start saving and producing. you people live in a fantasy world if you think you can just borrow other peoples wealth, spend it, and never pay them back.
If spending is all we need to create a long lasting economic boom then why didn't the spending boom in the early 2000's lead to everlasting prosperity???
mason72518 3 months ago
Maddow, "Spending is what starts jobs." WOW, MADDOW IS OFFICIALLY PROVEN WRONG!!!!
beallendall08 4 months ago
BUYING AND SELLING DOES NOT MATTER!!!! ITS PRODUUUUUUUUUUUUCING IS WHAT MATTERS!!!!!!!!!!
iluvpoliticzz 4 months ago
Rachel is hot when she is not in dyke mode.
atheistasylum 5 months ago
Have lost in their "jobs" policies. When you create jobs that do not provide value then those jobs will be temporary. Because their will be no return on those jobs. Just creating jobs is not the answer but creating jobs that provides something that consumers see as valuable.
akruz52 5 months ago
The question is not to just create jobs. But jobs that provide real value. That is something that the left and to a lesser degree the right.
akruz52 5 months ago
Wow, she's a total idiot.
skeletorva 5 months ago
Madcow is a moron. Just another reason why i never watch her show. Schiff is just more honorable and obviously on a much higher plane of thought. Saving creates wealth.
MegaMixking 5 months ago
PETER SCHIFF FOR CONGRESS!
MAGMADIVER1 6 months ago
Oh look, another economic illiterate with a TV show.
K20ej88 6 months ago
great video brotha--
I actually made a video called "Paul Krugman / Peter Schiff Debate on Rachel Maddow Show" in January and when I saw yours I thought it came after mine, it actually came before so you are right on the money.
I just want to see Maddow's face if Krugman ever goes on again and tells her his alien theory of economics---did you hear about this?
Krugman said this past weekend that if we thought there was going to be an alien attack it would save our economy. hilarious!!
tonybonez 6 months ago
This is where Maddow fails.
Economics is not a science.
Salvysahagun 7 months ago
Peter Schiff could not be more correct.
And as far as Rachel Maddow goes--why would anyone think that a snarky, communist lesbian who makes a living from calling people racists would have any kind of useful insight on economics to begin with? Her whole job revolves around towing the leftist agenda, she has no clue what she's talking about. I bet she'll be singing a different tune when the price of her doc martin's and roller derby tickets go up.
billcarnes87 7 months ago
Yes we know what stimulus is. It's the sure fire way to exacerbate the problem.
TrippingTheTube 7 months ago
"The way to create jobs fast is through spending. ... How many times does this have to be said?"
Apparently the fallacies will be repeated by our plastic media elites right up to the most tragic repetition of history imaginable.
Polypropylganda 7 months ago
Stimulus moneies almost always mean failed business ventures, its a waste of money for someone to make shit no one needs. Stimulus is a lie. Stimulus money gets diverted into banks. Rachel Maddow is wrong. The government hires contractors for roads and such through budget, and most of its handled at state level. The federal government is GIVING money to banks to make low intrest loans to people that make shit like retail and web investments which quickly default, because no one wants crap.
SuperFifthwheel 7 months ago
Let's buy lots of stuff that we don't need to keep people in a job! Quite simply some of the dumbest logic I've ever heard in my life.
vidmanx0 8 months ago
Wow. I knew she was retarded, but this is as bad as I've ever heard.
BobbyW3363 8 months ago 3
@BobbyW3363
The saddest thing was... People gave her a HUGE applause
Salvysahagun 7 months ago
Rachel Maddow should never discuss economics ever again.
Salvysahagun 8 months ago 3
Keynesian economist have negative economic knowledge. Learn about Austrian business cycle theory. The last about 100 years have been mostly inflationary policy from the FED. We really got started after Bretton Woods where now we can export our inflation offshore to other countries too. We couldn't keep the lid on gold prices ,first by selling, then a 2 tier gold price , then shutting the door at 42.22$/ounce in 1973. Point is Austrians can predict the bust,Keynesians can't. Who knows real econ?
2100v 8 months ago
I honestly feel bad for people who get "degrees" from government-licensed institutions.
TimothyADonaghue 8 months ago
So Rachel says we are in the depression because people aren't buying enough stuff... Hey, Rachel, when America has an uninspiring president who doesn't know what he is talking about, it doesn't exactly stimulate confidence.
America doesn't believe or want to follow a hollow suit.
DwightSimpson 9 months ago
Maddox asks for a little help from a hollow suit, a weak link, if you will. Have you ever heard of the blind leading the blind. Well, that is Obama and Maddox. This president should stick with basketball and a little less economics. Please, my friends, don't forget that Obama and Maddox are NOT economists. They are entertainers.
DwightSimpson 9 months ago
Socialism 101
2hamboigahs 1 year ago
I respect Rachel, so I hope she knows better than this. When you base your entire economy on people blowing their money on credit, you get a crisis like we have now. That's the problem that America faces now. Conservatives and Liberals alike have built an economy for the last 50 years on spending. That's fine, as long as you're making enough money and have the cash on hand to pay off that loan if the value of what you bought goes down. That's what caused the meltdown, Rachel. Credit spending.
surfer53 1 year ago 2
Rachel went to Standford & Oxford & received a Ph.D. in politics, not economics.
She was probably brainwashed with Keynsian economic concepts by her professors & now passing the same concepts to her viewers. This is sad : (
Remember she's a political PUNDIT/commentator, not an economist.
*Her segments on BP Gulf oil spill were excellent, though. She said dispersants were toxic.
*She showed a video clip of Eisenhower warning Americans of military-industrial complex overtaking the U.S.
KimInLosAngeles 1 year ago 5
@KimInLosAngeles Maddow should study a little. How about a little Milton Friedman, Rachel? Or better yet, just stay away from somethiing you know nothing about.
DwightSimpson 9 months ago
This comment has received too many negative votes show
danger0usknowledge 1 year ago
@danger0usknowledge You're funny. It's not up to Peter Schiff, it's Maddow. Schiff can't simply storm in the studio. We dont have money to spend. Are you guys label china a predator lender when we start having trouble paying back are debt?
DontMeanWell 1 year ago 10
danger0usknowledge 1 year ago
@danger0usknowledge He won't? He would wipe the floor with this bailout-supporting shill. And thanks for the little eighth-grade lesson about spending during bad times and saving during good times. Exactly the opposite was done in 1920, when an incipient depression came to an end. But your advice was followed in Japan in the 1990s and recently. How's your juvenile economics looking now?
DRNevans 1 year ago
danger0usknowledge 1 year ago
I had to scroll down when ditz was speaking. Just can't look at her and not get infuriated.
Paetaor 1 year ago
this lady is sooo fucking stupid. these people just don't get it. all they see is short term symptoms. The whole fucking economy needs to be changed. You don't see Chines buy shit as the methedoloy for building their futuer, I wonder who is gokng to have the a better future and i wonder who is will be in the tiolet.
ORVX 1 year ago
i agree with jeffnva... she should be jailed for saying that ... so you're right because obama agrees with you... you stupid heffer...
RIPPED7399 2 years ago
Rachell I'm an engineer and self taught hard core economist. Saying things like that to millions of people on MSNBC should be a crime and you should be jailed. You did more damage to people with your idiotic statement about spending then a prison riot where everyone has guns shooting each other. Believe me you don't have clue when it comes to economics and you are so so so very wrong. Peter Schiff is right and has always been right. You are so off base in your comment.
jeffnva 2 years ago 3
plutocracyslayer(dot)com With out the ()
STOP THE PLUTOCRACY NOW
plutocracyslayer 2 years ago
Rachell Maddow, bitch who put these kinds of people on tv?
AFRIKTODAY 2 years ago 2
MADCOW IS A MORON!!!!!
Peter Schiff all the way!!!
TheLiberalssuckdick 2 years ago 29
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Peter shiff is a idiot want to be. I cant believe people are not calling him out for what he is. A moron he thinks he has all the answers but knows nothing about the economy. i am going to enjoy him getting desicrated by dodds.
slicbro 2 years ago
hey dumb ass.
You should Youtube "Pete Was Right"
or
View the 2006 Mortgage Brokers video
Peter Schiff is a real economist and has been 100% right since before this economy started sinking
informationauth 2 years ago 20
This comment has received too many negative votes show
Hey nitwit, Peter is nothing more than a phony market speculator that got rich of these so called mistakes he keeps talking about. Real respectable economists laugh at this fool. He has no real solutions to anything.
slicbro 2 years ago
sounds like you are talkiing about yourself
maplelum 2 years ago
I wonder if you'll be thinking the same thing when you're drinking out of a paper bag on the street because Peter Schiff was right and the economy finally imploded as the dollar exploded.
Dodd has been wrong about nearly everything, and if you can't see that, then you either haven't been paying attention or you are truly lost. Dodd deserves to be ousted.
sniffsnarff 2 years ago
"a idiot" huh? lol
HereticNix 2 years ago
She sounds like one of the many moochers from Atlas Shrugged
mustang607 2 years ago
Maddow is Rhodes Scholar, of course she is going to spew nonsense like Keynesian "economics". Peter makes this so clear. Spending is what got us into this problem. How could Maddow defend against that. Is she going to fight back with "no youre wrong, we produced too much stuff and weren't buying enough stuff with cheap credit." I mean seriously, how can she be that retarded and arrogant. she needs to listen to man that laid out the whole problem years in advance.
ih8ronpaulh8ers 2 years ago 2
She is the last person I'd take economic advice from.
cardmaverick 2 years ago 2
Yess! Yess! Spend Spend Spend. It worked great for Zimbabwe because now they are all billionaires. ;-)
ciottini 2 years ago 4
people aren't buying because they don't have money. They don't have money (real value) because the government policies of taxation, war economy and inflation.
amdura 2 years ago 2
I love how everyone here thinks they have a PHD in economics, and know how this country is run. I trust Rachel and Obama's intellectual prowess over any you people's ignorant comments any day... How are people suppose to produce, if there is nothing being funneled into the economy. She doesnn't say grab your credit card and go crazy, spend within your means, but how are stores, restaurants, and virtually any other capitalist institution suppose to prosper if the people aren't spending into them?
dolce007 2 years ago
Ya know, smart people know that the egg came first. Supply drives demand. But the people who think that demand drives supply are the ones who get hired.
Entropy137 2 years ago
How are people suppose to produce, if guvment took everything from them to "stimulate" the economy, which actually needs more savings (that is, pay attention: LESS SPENDING) to rebuild the proper structure of production. THEN the people will produce and engage in fruitful exchange.
The guvment just needs to stay out of the way of the enterpreneurs.
Arjozof 2 years ago 2
They're not spending because they're losing their money and their jobs.
The first casualty in this mess should be those who caused it & the second should be the size of our Government. If that's not enough the people will get hit.
What the Government is doing is hitting the people first, expanding Government to ensure greater control, and using their control to steal from the people and give to those who created the mess.
If you think that'll lead to prosperity I suggest you educate yourself.
cmstyz 2 years ago 2
My degree is actually in economics, and I can tell you that when someone like this says we are in a post-bubble economy because "people aren't buying enough stuff - there's S but there's no D.." she clearly doesn't understand the business cycle, Keynesian pump priming, or the role of prices and interest rates.
labulldog5 2 years ago
Bullpuky?
what the hell? Rachel Maddow is a moron.
TheLiberalssuckdick 2 years ago
When people called it a spending bill they weren't talking about stimulus spending, I think they were more referring to the PORK spending, which the stimulus bill was full of.
So bullpucky to you Rachael.
Can I get a little help here, where are the 600,000 jobs Obama promised to create over the Summer? Remember he was going to push some of the stimulus early at the beginning of the Summer? Remember he was going to make it profitable for companies to stay in the US?
CentrlFlagrl 2 years ago
The people bought it
1tubedout 2 years ago
She is an idiot. I wonder if she realizes that we American's have spent money wildly for the last 30 years and our economy is on life support. I wonder if she realizes that the problem with our economy is not that we have too little "stuff". We don't need more "stuff". We need to save our money, make things for other people, e.g., the Chinese, and build our wealth. Plus, she speaks as though she is addressing a bunch of first graders. She is an idiot.
MrEasyLife 2 years ago
RACHEL MADCOW!!! MOOOOOOOO OOOOOOOOO MOOOOO MOOOOO!!! Look at me. Im a dyke cow pretending i know stuff!!!! MOOOOOOOOOOOO MOOOOO. Go back to grazing, eating grass and sniffing the girls. That hairdoo gets butcher every day. What kind of dyke chop is that? You look like a little scotish boy reading us the news.
Rsslmg 2 years ago
More Keynesian nonsense from msnbc. So 8 years of overspending wasn't enough for these clowns, we need more more more. Morons.
labulldog5 2 years ago
I didn't hear this many anti-spending comments when we attacked Iraq.
As far as I can see you guys are hypocrites.
amdura 2 years ago
Rachel is a cunt.
ExquisiteDoom 2 years ago
I was feeling so happy there at the beginning when that lady told me spending what I don't have would save me. Even though it doesn't make sense she made it all sound so positive and I got all warm and fuzzy inside.
I felt like when those bad guys blew up those buildings and that nice man came on TV and told me it was ok to go spend some and not to worry. He said I was very patriotic when I shopped - just like the woman.
Then the logical guy came on and told me something different.
Hmmm...
cmstyz 2 years ago 2
this woman is all happy and laughing while she talks nonsense to millions
rachel, learn economics, and keep ur mouth shut
nep808 2 years ago 2
She doesn't understand economics at all. She is totally confused.
"Money" only comes from production. Government spending doesn't create money, it only reallocates it and does so poorly by taking money from productive jobs and businesses and giving it to unproductive ones.
Epic878787 2 years ago 4
she needs some sense bumming into her
Straightsix76 2 years ago
is rachel maddow that stupid or does she just play and idiot on tv? here is a tip for you rachel leave the economic debates and opinions for the grown-ups! the more you talk the more idiotic you sound! no wonder nobody watches msnbc . people cant find any common sense or logic on that news network! maybe if they spent less time ridiculing people and bashing fox news _because they are leading every news network COMBINED!_ and more time reporting the facts. maybe people would watch!
MWAX69 2 years ago
Agree Biggsrr...I laugh when these people speak without knowing what they're talking about. They look like idiots! I've sad this 1,000 times...a nation can only sustain or increase its wealth through production, from the ground (crops, natural resources, ect) or mfg. If they don't do those things, the money loop doesn't close and wealth leaves our shores. It's that simple! Spending is a short term solution, but the potential collapse of the dollar will be the result.
lilmac929 2 years ago 2
MSNBC continues to prove how irrelevent they are. This is their analysis? This is their solution? People should spend money they either don't have or raid their rainy day fund. The reason spending is such a large portion of our economy is because of the credit card lifestyle we've led the last 20 years and the steady erosion of industry in this country the last 30 years. Cap/ Trade and Healthcare should finish off what's left of our industrial GDP.
biggsrr 2 years ago
Maddow is a typical liberal moron.
dlmaniac 2 years ago 3
There is hope for America yet. It will not be because of the dollar and it will involve lots of pain but I see comments posted more and more saying that spending is not the answer - that's why there is hope. I don't live in America but I have seen a change in attitude since the collapse happened and it's people wanting to live within their means. The fact that people can see that this lady is an idiot says to me that there is hope for America yet. Keep spreading the sound money principals people
MrMaveri 2 years ago
Newsflash: People cant spend money they dont have. You cant just put everything on a credit card indefinitely and not expect to pay it all back.
Sigh, Maddow just ignores common sense. Its amazing.
audiohi 2 years ago
Pay attention kids. You don't have to be smart to get your own television show.
I assume Rachel Maddow believes that the stimulus package should have be $15-20 trillion then, sine deficit spending has no consequences.
Remember to buy some gold folks while the dollar still has some perceived value.
shall7070 2 years ago
This lady is truly an idiot. Spending doesnt create jobs. The money to spend has to come from somewhere you idiot. Its called productivity. You dont go into debt to buy things. What a moron.
30percentplusreturns 2 years ago
Ms. Maddow should show everyone her personal finance ledger. Before these people give advice let's look at their income and expenses. I'm sure her income is way above the average person's wage. From these numbers we will see:
1) Does she know how to take care of money or is she way in debt. This would lend some credibility to her advice.
3) Is she spending towards prosperity or saving money and spending wisely the way a truly responsible person would in such chaotic economic times.
hickoryhound 2 years ago 2
Spending is what got this country into this mess...buying items that they couldn't pay for ...living beyond their means.......living on credit....then making minimum payments that only went towards the interest, never affecting the principal.....we need to save, not spend. This woman is an idiot !!!!
TheNRA4ever 2 years ago 2
RACHEL MADDOW IS A KEYNESIAN MORON! when the dollar collapses what's she gonna say?
dcm05002 2 years ago
This stupid woman must be all excited thinking " I have figured economics out, omg it so easy... we just have to spend more"
pathethic
nep808 2 years ago
I think what Maddow should do is to ask why the economy keeps crashing every 5-6 years to the point that huge government stimuli or spendings are needed to try to keep it alive. In well-managed healthy economies there should not be recessions-depressions or big government interventions or spendings.She is not addressing the real underlying problem and is trying to justify what is going on today which is the end result of that problem.
frugalite 2 years ago 2
What an idiot...!
krfeva 2 years ago
I agree that about Obama also. Peter is quite smart though.
GodsStyleGirl 2 years ago
i dont fault people for ignorance. i do fault people who dont know what the heck they're talking about, but act like they do. maddow doesn't know what the heck she's talking about. she doesn't know economics. she would cheer lead obama all the way over the cliff.
It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. - Mark Twain
michaelpshipley1 2 years ago
Maddow has successfully aligned herself with countless Republican Keynesians, none of whom predicted our mess.
seanannapolis 2 years ago 3
Rachel Maddow is so angry. I love transparent bias pundits. But at least she doesn't hide it like Chris Matthews.
nobodysfool67 2 years ago 3
Rachel Maddow is actually dumber than a five year old.
Peter Schiff rocks.
healthhavencom 2 years ago
i've only seen a few youtube clips of her, but from what I gather she's not dumb...just wrong on a lotta things, lol. There are plenty of smart people that are simply wrong about lots of stuff cus they don't have knowledge of those things. Kind of like if you were to ask a physicist some question about how DNA replicates or if you were to ask a dentist which countries went to war some time way back in history.
stealthswimmer 2 years ago
You said about Rachel:
"she's not dumb...just wrong on a lotta things"
Well, the reason she's wrong on a lot of things is because she broadcasts her uneducated opinion rather than first researching the subject matter (in this case basic economics), and then forming her opinion based on the facts. Smart people don't make that mistake over and over again.
Peter Schiff rocks.
healthhavencom 2 years ago
Actually, I think it's usually smart people that MOST often make that mistake. They think they're competent enough to hear someone's spiel on the basic gist of things and then form an uneducated opinion(believing it's educated) on that thing, whereas dumb people (at least in my experience) usually don't form an opinion at all on the subject, but that's at least more honest that simply speaking on the subject before having a good grasp on it, lol.
stealthswimmer 2 years ago
thank you. I did not expect anything else from you other than some more Keynsian Economic bullshit. Keep going....
matushka78 2 years ago
Yep, that's right! When your in a hole dig a Grand Canyon.
What would you do in your own family situation if you spent yourself into debt? Would you go out & get a million dollar loan & think that one day it's not going to catch up with you?
Same thing the gov. is doing. The more we stimulate, the harder we will fall.
If you don't have the money to invest, like many, I would stock up on necessities.
How do you tell people to spend & then call this a jobless recovery?
CentrlFlagrl 2 years ago
when you borrow a million a month your finances look amazing ... until the bills come due
dpod916 2 years ago 2
This comment has received too many negative votes show
peter is been talking invest in gold, silver
or foreign stocks. on the other, peter wants us to save money and not to spent?! i can barely put foods on the table right now and peter wants me to buy
gold? peter has lots of conflict within himself.
sunnyjong1 2 years ago
yea he wants you to save money and not buy new houses, new cars, and all other non needed consumption this government wants to prop up and encourage so he wants you to save so you can do things as feed yourself and pay down your debts. Also he wants you to buy gold because its price is going to sky rocket, and the price of the dollar will plummet so hes trying to save you from the misery of having all of your assets and savings wiped out by massive hyper inflation caused by the spending bills.
dpod916 2 years ago
This comment has received too many negative votes show
you are 100% right!!!!!!!!!!!!! rachel maddow show should be broadcast every
5 minutes till people understandard. my
american fellows go out spent within
your own ability ( not crazy over spent ). buy what ever please you, as long as you
don't buy gold, silver or foreign stocks that
peter is been talking about!!!
sunnyjong1 2 years ago
the problem we are in this mess is because of too much borrowing and spending we need to stop propping up an economy of debt financed consumption and start saving and producing. you people live in a fantasy world if you think you can just borrow other peoples wealth, spend it, and never pay them back.
dpod916 2 years ago