EPT2009 is going to be a really rough year
The Goddamn Economy: A Civilized Version - Page 26
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a-game
Canada5214 Posts
2009 is going to be a really rough year | ||
Jibba
United States22883 Posts
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KOFgokuon
United States14912 Posts
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fusionsdf
Canada15390 Posts
On February 09 2009 19:36 a-game wrote: so it looks like they are really half-assing the stimulus. 2009 is going to be a really rough year yeah the things republicans have been trying to cut....well they're retarded People really think school renovation is a bad thing? | ||
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ahrara_
Afghanistan1715 Posts
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Jibba
United States22883 Posts
On February 10 2009 00:11 fusionsdf wrote: yeah the things republicans have been trying to cut....well they're retarded People really think school renovation is a bad thing? Both sides are retarded. It's nice that Obama is still being thoughtful, but this was a time to start pushing the GOP around. Pelosi is also on a major power trip and needs to be put in her place. The school issue is far too complicated to be solved in the stimulus package. It's a bill that needs to be completed immediately, but that also means it's going to be sloppy and the education stuff is really unnecessary, and will just be wasted unless done correctly. | ||
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revoluti0nX
United States61 Posts
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a-game
Canada5214 Posts
what a gong show. that's like what, the 6th big name nomination fuckup? it seems the stuttering oath of office was an insubstantial omen of things to come for this administration. | ||
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Mindcrime
United States6899 Posts
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Choros
Australia530 Posts
On February 09 2009 19:36 a-game wrote: so it looks like they are really half-assing the stimulus. 2009 is going to be a really rough year Most economists agree that around a trillion dollars per year of real, well targeted stimulus is the minimum acceptable level. What we are seeing is around half of that, one trillion over two years, and it is likely to become even smaller. You would think with an economy loosing 500,000 jobs in a single week the Republicans could pull their heads out of their asses but evidently not. Rough year indeed. To those worried about public sector debt America still has the theoretical capacity to borrow probably something like 5 Trillion dollars on top of what they already have, mind boggling numbers ofcourse but it means America atleast has the theoretical capacity to do what must be done if the Republicans would let them. | ||
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Choros
Australia530 Posts
On February 10 2009 05:27 Jibba wrote: Both sides are retarded. It's nice that Obama is still being thoughtful, but this was a time to start pushing the GOP around. Pelosi is also on a major power trip and needs to be put in her place. The school issue is far too complicated to be solved in the stimulus package. It's a bill that needs to be completed immediately, but that also means it's going to be sloppy and the education stuff is really unnecessary, and will just be wasted unless done correctly. Ill agree on that. We have a similar problem in Australia and ill wager most if not all of the west. We have short term, medium and long term policies all being pushed through as one article this is stupid it slows things down and makes it more difficult to actually make beneficial changes to the detail. What they should do is have one bill to be passed asap with immediate short term stimulus including increased unemployment payments etc, then you can work on the longer term policies like education funding reform etc when you have the time to actually get it worked out properly. | ||
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Aphelion
United States2720 Posts
On February 13 2009 10:17 Choros wrote: Ill agree on that. We have a similar problem in Australia and ill wager most if not all of the west. We have short term, medium and long term policies all being pushed through as one article this is stupid it slows things down and makes it more difficult to actually make beneficial changes to the detail. What they should do is have one bill to be passed asap with immediate short term stimulus including increased unemployment payments etc, then you can work on the longer term policies like education funding reform etc when you have the time to actually get it worked out properly. What they need to do is take all the Republican congressmen and shoot them. Not that the Democrats are so great, but their ineptness pales next to blatant Republican obstructionism, politicking and in general, jackassery. | ||
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Jibba
United States22883 Posts
California Democratic senator Dianne Feinstein introduced the amendment to the stimulus package currently being debated on Capitol Hill. The clause would allow internet service providers (ISPs) to carry out packet inspection under the guise of network management. http://www.vnunet.com/vnunet/news/2236292/stimulus-bill-nixed-net I think Republican congressman have plenty of rightful concerns, although they're largely just protecting their own asses. In this case, vague laws = discretion of bureaucrats = less liberty, and the stimulus package is chock full of vagueness. | ||
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a-game
Canada5214 Posts
do you think obama would of hesitated for a second to block that networking amendment? nobody would of resented the republicans forcing that action, what we resent them for is forcing obama to concede huge chunks of the transfer to state governments and other substantive stimulative measures and put in junk tax cuts. by the time this thing gets passed it's barely even going to be relevant. | ||
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fight_or_flight
United States3988 Posts
http://www.teamliquid.net/blogs/viewblog.php?topic_id=80710¤tpage=2#39 btw even if nothing happens on friday it was still pretty impressive that he was only one day off (he said monday but the market dropped tuesday) when he gave the prediction a few months ago. | ||
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oneofthem
Cayman Islands24199 Posts
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fight_or_flight
United States3988 Posts
On February 13 2009 12:31 oneofthem wrote: why is that even remotely interesting? Because if the prediction is correct, that implies that the reasoning behind it is probably also correct. Especially since would be the third correct prediction (to the day), made months in advance. plus fridays are always interesting in a market like this. I take it you don't check the market daily? | ||
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oneofthem
Cayman Islands24199 Posts
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Jibba
United States22883 Posts
On February 13 2009 12:42 fight_or_flight wrote: Because if the prediction is correct, that implies that the reasoning behind it is probably also correct. Uh... that is a huge fallacy. | ||
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fight_or_flight
United States3988 Posts
Well since we are splitting hairs....So if someone comes up with a model which can make predictions, yet it conflicts with the current model, they should be dismissed. Instead, the phenomena should be explained after the fact in terms of the current model. Sounds like the standard application scientific method to me (unfortunately). Yet you did not say that just as I did not say that his prediction proves anything. | ||
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