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Is the economic recovery a vindication of Keynes?
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Date: May 5th, 2013 12:38 PM Author: Motley sepia patrolman Not flame. Post serious replies if you have an actual thought on this (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137809) |
Date: May 5th, 2013 12:40 PM Author: bisexual white macaca spot what recovery (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137814) |
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Date: May 5th, 2013 12:40 PM Author: purple rough-skinned idea he suggested location what economic recovery? (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137815) |
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Date: May 5th, 2013 12:43 PM Author: blue nursing home brethren In response to "what recovery"
http://www.tradingeconomics.com/united-states/gdp-growth |
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Date: May 5th, 2013 3:03 PM Author: appetizing theater hominid Keynes will be vindicated when our debt is "sustainable." One of the obvious fatal flaws of Keynesianism is that politicians in a democracy are not responsible enough to save during the boom, nor do they make wise economic investments during the bust. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138578) |
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Date: May 5th, 2013 3:07 PM Author: Mewling stead weed whacker (two-time bush voting "libertarian" supporter of the iraq war, medicare part D, concerned about sustainable debt) (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138609) |
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Date: May 5th, 2013 3:18 PM Author: appetizing theater hominid (guy who adds literally nothing to the debate) (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138680) |
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Date: May 5th, 2013 4:15 PM Author: Mewling stead weed whacker (two-time bush voting "libertarian" supporter of the iraq war, medicare part D, concerned about sustainable debt) (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23139046) |
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Date: May 5th, 2013 3:15 PM Author: boyish canary public bath volcanic crater " One of the obvious fatal flaws of Keynesianism is that politicians in a democracy are not responsible enough to save during the boom"
means
" One of the obvious fatal flaws of Keynesianism is that fucktards like Bush was not responsible enough to save during the boom" |
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Date: May 5th, 2013 3:17 PM Author: appetizing theater hominid So should Obama be saving now that we have recovered? (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138678) |
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Date: May 5th, 2013 4:16 PM Author: Mewling stead weed whacker (two-time bush voting "libertarian" supporter of the iraq war, medicare part D, concerned about sustainable debt) (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23139049) |
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Date: May 5th, 2013 12:44 PM Author: Fluffy Turdskin Travel Guidebook serious reply: it will be if it holds up and keeps going, but the "recovery" is very weak right now and there's a lot of hand wringing over what will happen when interest rates go up. jury is still out. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137828) |
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Date: May 5th, 2013 12:50 PM Author: blue nursing home brethren why would interest rates going modestly up throw the economy into recession? (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137853) |
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Date: May 5th, 2013 3:06 PM Author: appetizing theater hominid Define "modestly." (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138600) |
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Date: May 5th, 2013 12:50 PM Author: floppy kitchen boiling water what economic recovery are you speaking of? (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137858) |
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Date: May 5th, 2013 12:51 PM Author: cobalt azn stimulus was nipped in the bud by teatards (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137865) |
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Date: May 5th, 2013 12:55 PM Author: bat shit crazy frisky hall Just because the economy will marginally improve over time doesn't mean massive stimulus worked.
Reminder: economies naturally grow. Its what they do. |
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Date: May 5th, 2013 12:57 PM Author: cobalt azn OP is obviously a conservatard troll, moron (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137904) |
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Date: May 5th, 2013 3:07 PM Author: appetizing theater hominid Not with a shrinking labor force. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138607) |
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Date: May 5th, 2013 1:01 PM Author: razzle-dazzle bat-shit-crazy rigor national Not sure that QE can be described as bread and butter Keynesianism, and to be clear the actions of the Fed are vastly more important to the modestly improving growth we've seen than anything on the fiscal side. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137930) |
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Date: May 5th, 2013 1:02 PM Author: apoplectic reading party address there has been no labor force participation rate recovery, which is all that really matters from a social cohesion point of view. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137939) |
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Date: May 5th, 2013 1:05 PM Author: Motley sepia patrolman Follow-up (OP here): why would an interest rate raise of 1-2 percentage points throw the economy into recession? (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23137960) |
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Date: May 5th, 2013 2:54 PM Author: Bistre excitant incel theatre it increases borrowing costs for the govt which discourages govt spending.
it drives down the value of existing bonds
it draws money out of the stock and real estate markets because it increases borrowing costs and becomes a more attractive alternative investment.
another wild card is the trillions of dollars of derivative bets which may or may not explode if interest rates rise.
i think it's a bit of a misunderstanding to say that rising IRs will lead to recession since there are many economists who think its a necessary condition for a real economic recovery. let's just say that our current model of economic "recovery" would collapse if interest rates began to rise. |
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Date: May 5th, 2013 2:44 PM Author: Motley sepia patrolman (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138481) |
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Date: May 5th, 2013 2:45 PM Author: beady-eyed dead business firm Considering the fact that Krugman keeps calling for extremely large amounts of stimulus, I wouldn't call what has happened so far Keynesianism. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138489) |
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Date: May 5th, 2013 3:19 PM Author: appetizing theater hominid (Naive douche) (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138691) |
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Date: May 5th, 2013 2:46 PM Author: Lascivious mildly autistic brunch No, I do not think anywhere Keynes thought that propping up the bubble economy through unlimited pumping of money resulted in stability. Read some Stockman for fuck's sake. (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138491) |
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Date: May 5th, 2013 2:47 PM Author: Amethyst dilemma gay wizard we are on the brink of economic prolapse (http://www.autoadmit.com/thread.php?thread_id=2247842&forum_id=2#23138498) |
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Date: May 5th, 2013 4:18 PM Author: Pearly set Of course not. No Keynesian economic policies were implemented during the recession. Keynes never advocates giving money to banks, he advocated increased gov't hiring in massive public works programs. Duh.
QED mothafugga |