Congress has lost its mind...

[Undertoad]

Well the CBO agrees that there is less of a "multiplier effect" with the stimulus which is precisely what he was talking about with the lawn thing.

[tw]

Originally Posted by Undertoad

Well the CBO agrees that there is less of a "multiplier effect" with the stimulus which is precisely what he was talking about with the lawn thing.

The lawn thing demonstrates negative growth. Same reason is why welfare to the rich also causes negative growth.

I was quite blunt about this when extremists gleefully advocated harm to the American economy using soundbyte logic and money games. Nobody can say the obvious was undefined and not predicted. We now have predicted job losses traceable to what was posted ten plus years ago in the Cellar.

Posted on 11 April 2001:
Laffer curve - the real laugh
Facts demonstrated by Kennedy's tax cut of 1960 did not change. But spin from extremist hoped everyone will remain naive and dumb. Most Americans ignored economic lessons from history.

Well, we all can now learn because history repeated itself.

Government cannot fix an economy. Only innovation fixes economies. But government can harm economies as extremists in Congress are now gleefully advocating such as welfare for the rich. We all must suffer big time, as predicted, because wacko extremists did more than just hate science, the American soldier, and stifle innovation. Extremists used soundbyte logic to advocate money games. "Reagan proved that deficits don't matter". That reality reposted how many times when extremists were intentionally harming the American economy.

We all must pay for their lies. See the numbers in Wall Street Protests. Under 35 year olds once earned $45K in 1992 (George Sr called those money games "voodoo economics"). And $47K in 1999 (Clinton raised taxes to balance budgets and therefore create a booming economy). By 2009, the same age group was only earning $32K (George Jr proved Mission Accomplished and deficits don't matter as Nixon also did).

Why is that latest post somehow different? I repeatedly cautioned about serious economic harm by money games in 2001. When wackos even advocated putting Social Security into the stock market. Because Limbaugh, et al said it was good. What we have now was predicted, with reasons why, ten years ago.

[glatt]

There was an intelligent and thoughtful conservative on NPR the other day. He was saying that the problem with the Republican party was that they went to all this effort to get their base all riled up about the horrible Democrats. That anger worked out well for them because it made them stronger. But it backfired when it came time to negotiate with the Democrats, because even if they wanted to make a deal with the Democrats on the budget, this big machine of anger was steamrolling right behind them and wouldn't allow them to make a deal. Because those Democrats are evil, and you can't negotiate with evil.

So you can't let loose the dogs of war, and then hope to get them back on the leash when it's convenient.

[Lamplighter]

And, they may have finally succeeded in ruffling Obama's demeanor !

[classicman]

Originally Posted by Lamplighter

And, they may have finally succeeded in ruffling Obama's derriere !

ftfy

[Lamplighter]

The news that (D) Barney Frank, Chair of the House Finance Committee,
has decided to not run for re-election is very disappointing to me.

His voting district was re-aligned, losing liberal and gaining conservative voters.
So, at 71 yrs of age, he would have a much more difficult campaign in his next election.
At least that's what his office put out to the news media.

I've always regarded him as the most knowledgeable member
of Congress when it comes to the budget, and day-to-day politics.
For me, if he said it on TV, I accepted it as true. And I think he was
very well accepted by both Dem's and Rep's
I just heard one of his quotes on TV:

If you can't work with people you despise, you don't belong in Washington

Apparently, his seat in Massachusetts is safe for the Dem's.
But Congress is losing so much "institutional memory" that
can not be replaced by a database or the Congressional Record.
.