Obamanomics are an Obamanation. Timothy Geithner, Obama's "pick" (or who he was told to pick) is former head of NY FED Resv and former CFR economist. He will be a fraudulent as Paulson was. Google : "Paulson's $140 Billion Surprise"
You must be talking about Paul Krugman's Paultards, right? I mean, economic education on youtube is just as good as government and the mainstream media's.
So you actually thing that the media and government's economic education is better than YouTube? No libertarian is saying YouTube is an academic source, its just free access media. Call us stupid for not buying government and mainstream media's info-garbage all you want, but who was right in 2001 when this bubble began? Who called it? Who actually believes in the Constitution and the founding philosophy? It wasn't Krugman. Wake up! How many times do we have to say "we told you so."
Wrong! Krugman was wrong when he made his forecasts in 2003 and he never saw this coming. Hundreds of Austian economists broke down the Dotcom bubble while it was happening and they broek this whole thing down in 2001 when the Fed kept rates low. It wasn't Krugman!
And don't even say Krugman is a follower of A. Smith, T. Jefferson, The Constitution, etc. You're not just wrong, you're a liar and/or a fool. But I guess you heard that on the mainstream media so I should excuse your ignorance.
First of all Krugman got his nobel prize for explaining temporary international trade trends, not for business cycle theory. FA Hayek, on the other hand, got his nobel prize for explaining business cycle theory; and it focused around the premise that economic interventionism only serves to magnify the severity of the business cycle, not reduce it. This guy is a hack, he came to my school and couldn't answer my question.
Paul Krugman is a hack! True. He is clueless about business cycles. If you followd Hayek, Karl Menger, von Mises, etc, this whole thing would have not been such a surprise. The problem and the solution would be clear, but Krugman and his Paultards can't even identify the problem and explain it.
divest in the stock market - share holders demand quarterly/yearly increase in value which is an unhealthy unrealistic pressure on a company. There's nothing wrong with steady yr by yr profits. If a company can't sustain itself by providing a good service or product, let that company fail.
regulate the credit industry.
universal healthcare.
destroy the military industrial complex which sucks up at least half of our yearly budget.
If you advocate returning to the living wage I'm with you I doubt it will work in a "global market" when foreign companies can utilize practically slave labor and corporations can move south of the border taking away American jobs without penalty. Constitution mandates expenditures for national defense but gives no authority to provide universal health care, we need to return to the limitations of constitutional government shrink its size accordingly and restore our lawful money system.
You will NEVER see the "REAL NEWS" telling Americans who was REALLY responsible for 911, the jump start of the NWO, oligarchical fascism. NEVER!
Everything after 911 does not matter if we do not prosecute the mass murderers who killed over 3000 Americans for their own profit. The U.S. is a doomed society if we deny justice for those SLAUGHTERED by our OWN government & their "friends" based on a lie to bring about world dictatorship through oligarchy rule.
2. If you do, what I would hope you do considering you follow into the 9-11 truther movement, when you see news or hear something, you follow up, not let it be your last source.
That is what I do with anything I hear or read about, I read further until' It is satisfied as legitiment.
Most corporations are small, a handful are megagiants and transnational with near monopoly, or at least oligopoly status in their markets because of endogeneously created economies of scale in buying regualtions that protect them from corrupt governments. in sandard economics, thats bad,, its called market feature.
In America money is created out of debt. So the more debt there is the more money there is. It's screwed up but a remarkably functional system. The question is how is that money being spent. I don't think it should be used to bail out major corporations, I think it should be used to create jobs.
Ron Paul has the right idea on this: spend the money rebuilding the countries infrastructure -that will directly create jobs, and wont rely on any shady tricky down theories.
How many cars and homes can Walmart Mcjob employees affoard? Following the new deal the middile class was created, many unionized manufacturing jobs were well paid, these workers could affoard to raise a family and pay for products made in the USA. Now paying jobs are shiped out thanks to free market dogma and replaced by banana republic cheap labor jobs. The destruction of the middle class's wages(poor get poorer, rich get richer) was replaced by debt
Where you say " workers could afford to raise a family basically with 1 job "
You can thank the Federal Reserve and Politicians for ruining that with appropriating money over the years, which deflated our currency and gave us massive inflation today.
Companies wouldn't outsource their jobs if our economy was strong along with our currency.
Put yourself in their shoes and tell me if you would want to open a business with our declining dollar, massive taxes, etc. tomorrow.
This Lib 'economist' is delusional.
Social Security goes negative in FY2017 and will not be reducing the budget deficit as it does now before that.
The near term budget deficits will be so large that financial armageddon is getting closer and closer.
Then the Libs want to add socialized medicine entitlement being totally oblivious to the near term entitlement armageddon.
The Libs want to add massive tax welfare onto that.
These Libs are simply divorced from reality.
averageworkinggal 3 years ago
Obamanomics are an Obamanation. Timothy Geithner, Obama's "pick" (or who he was told to pick) is former head of NY FED Resv and former CFR economist. He will be a fraudulent as Paulson was. Google : "Paulson's $140 Billion Surprise"
prayfortruejustice 3 years ago 2
hahahaahah
"obliged"
NiScontex 3 years ago
I knew the paultards wouldn't shut up when it comes to this topic. they're all economic experts, educated by youtube
FreakishDonQuixote 3 years ago
"They're all economic experts, educated by youtube."
Isn't that great?
roberto8ag 3 years ago
You must be talking about Paul Krugman's Paultards, right? I mean, economic education on youtube is just as good as government and the mainstream media's.
titosantucci 3 years ago
how to identify a paultard:
[...]
12. Thinks that YouTube is an academic source.
FreakishDonQuixote 3 years ago
So you actually thing that the media and government's economic education is better than YouTube? No libertarian is saying YouTube is an academic source, its just free access media. Call us stupid for not buying government and mainstream media's info-garbage all you want, but who was right in 2001 when this bubble began? Who called it? Who actually believes in the Constitution and the founding philosophy? It wasn't Krugman. Wake up! How many times do we have to say "we told you so."
titosantucci 3 years ago
Actually, yes. It was Krugman amoung others.
FreakishDonQuixote 3 years ago
Wrong! Krugman was wrong when he made his forecasts in 2003 and he never saw this coming. Hundreds of Austian economists broke down the Dotcom bubble while it was happening and they broek this whole thing down in 2001 when the Fed kept rates low. It wasn't Krugman!
And don't even say Krugman is a follower of A. Smith, T. Jefferson, The Constitution, etc. You're not just wrong, you're a liar and/or a fool. But I guess you heard that on the mainstream media so I should excuse your ignorance.
titosantucci 2 years ago
Maybe you think YouTube isn't a good academic source because you can't find a video titled "Paul Krugman was Right."
titosantucci 2 years ago
First of all Krugman got his nobel prize for explaining temporary international trade trends, not for business cycle theory. FA Hayek, on the other hand, got his nobel prize for explaining business cycle theory; and it focused around the premise that economic interventionism only serves to magnify the severity of the business cycle, not reduce it. This guy is a hack, he came to my school and couldn't answer my question.
Questfortruth86 2 years ago
Paul Krugman is a hack! True. He is clueless about business cycles. If you followd Hayek, Karl Menger, von Mises, etc, this whole thing would have not been such a surprise. The problem and the solution would be clear, but Krugman and his Paultards can't even identify the problem and explain it.
titosantucci 2 years ago
increase wages.
divest in the stock market - share holders demand quarterly/yearly increase in value which is an unhealthy unrealistic pressure on a company. There's nothing wrong with steady yr by yr profits. If a company can't sustain itself by providing a good service or product, let that company fail.
regulate the credit industry.
universal healthcare.
destroy the military industrial complex which sucks up at least half of our yearly budget.
regulate.
alovelytime 3 years ago 2
You had me going until' you mentioned universal healthcare.
In theory, it sounds good, but it falls in the line of " if it sounds too good to be true, it probably is "
I wouldn't trust the government to pick out my clothes, I sure as hell don't trust them to give me meds or docs.
MrMP81 3 years ago
If you advocate returning to the living wage I'm with you I doubt it will work in a "global market" when foreign companies can utilize practically slave labor and corporations can move south of the border taking away American jobs without penalty. Constitution mandates expenditures for national defense but gives no authority to provide universal health care, we need to return to the limitations of constitutional government shrink its size accordingly and restore our lawful money system.
Cryptologist101 3 years ago 2
You will NEVER see the "REAL NEWS" telling Americans who was REALLY responsible for 911, the jump start of the NWO, oligarchical fascism. NEVER!
Everything after 911 does not matter if we do not prosecute the mass murderers who killed over 3000 Americans for their own profit. The U.S. is a doomed society if we deny justice for those SLAUGHTERED by our OWN government & their "friends" based on a lie to bring about world dictatorship through oligarchy rule.
Who REALLY backs REAL NEWS????
t4705mb6 3 years ago
Dude, when you talk like that, you make other 9-11 truthers look crazy. Slow down, the Real News is funded by the public.
MrMP81 3 years ago
Jack, you know not of which you speak.
REAL NEWS is taking you for the proverbial "ride".
I know you will NEVER be convinced...until its too late.
REAL NEWS is financed NOT through the "public" (although they WILL take your money!) but by wealthy disinformation corporate machines.
You will....eventually....see.
t4705mb6 3 years ago
1. Not all corporations are bad.
2. If you do, what I would hope you do considering you follow into the 9-11 truther movement, when you see news or hear something, you follow up, not let it be your last source.
That is what I do with anything I hear or read about, I read further until' It is satisfied as legitiment.
MrMP81 3 years ago
Most corporations are small, a handful are megagiants and transnational with near monopoly, or at least oligopoly status in their markets because of endogeneously created economies of scale in buying regualtions that protect them from corrupt governments. in sandard economics, thats bad,, its called market feature.
Ecothearcy 3 years ago
I am a researcher not only by nature but by profession. I have been sorting out truths and lies for over 43 years.
t4705mb6 3 years ago
Buy Guns, Gold, 55 gallon barrels for water, gas masks, store food, buy MRE's.
Tar and Feather, anybody?
chewbaca1989 3 years ago 3
How do these " economists " bear that title.
" you gotta give the people the money to buy the products "
The last stimulus didn't work, the next one won't work, it is only making things worse.
It is common sense, when you want to get out of debt, what do you do?
Save your money, cut back on your expenditures and then you'll be able to " buy " again.
How does it make sense to spend yourself out of debt?
Make me sick...
MrMP81 3 years ago
In America money is created out of debt. So the more debt there is the more money there is. It's screwed up but a remarkably functional system. The question is how is that money being spent. I don't think it should be used to bail out major corporations, I think it should be used to create jobs.
Ron Paul has the right idea on this: spend the money rebuilding the countries infrastructure -that will directly create jobs, and wont rely on any shady tricky down theories.
ThotAum 3 years ago
Yes but you might be missing this point:
How many cars and homes can Walmart Mcjob employees affoard? Following the new deal the middile class was created, many unionized manufacturing jobs were well paid, these workers could affoard to raise a family and pay for products made in the USA. Now paying jobs are shiped out thanks to free market dogma and replaced by banana republic cheap labor jobs. The destruction of the middle class's wages(poor get poorer, rich get richer) was replaced by debt
Rickdeckard2020 3 years ago
That is the biggest misconception right there " Jobs are gone because of Free Market "
In a " Free Market " no one is more control than the consumer.
It's a " Free Market " for the individual, not the companies, remember that.
Jobs are shipped out because our dollar is so volatile, too many restrictions, and beuracrcy behind the scenes.
It's a distortion
The new deal didn't help the country but leveled the playing field, capitalism is what got the country back on it's feet.
MrMP81 3 years ago
Where you say " workers could afford to raise a family basically with 1 job "
You can thank the Federal Reserve and Politicians for ruining that with appropriating money over the years, which deflated our currency and gave us massive inflation today.
Companies wouldn't outsource their jobs if our economy was strong along with our currency.
Put yourself in their shoes and tell me if you would want to open a business with our declining dollar, massive taxes, etc. tomorrow.
MrMP81 3 years ago