fish82;1498370 wrote:I'm a huge fan of his "Alien Invasion" economic stimulus plan.

The Krugster rocks hard! :thumbup:

Well you're a smart guy so you know of course that it was a metaphor/thought experiment. Point is, in an emergency, just like nobody cared about "teh deFic1t ahhh" when we mobilized the entire nation for WWII and had the lowest unemployment rate on record and double digit growth rates.

The suggestion is that, considering that as of now the scourge of mass unemployment over the last 5 years has destroyed more lives and wealth in the domestic United States than the Nazi's ever did...maybe that ought to be as much of a motivating factor as Nazi Germany, imperial Japan and/or Independence Day.

Or, maybe it just went over your head

BoatShoes;1498406 wrote:Well you're a smart guy so you know of course that it was a metaphor/thought experiment. Point is, in an emergency, just like nobody cared about "teh deFic1t ahhh" when we mobilized the entire nation for WWII and had the lowest unemployment rate on record and double digit growth rates.

The suggestion is that, considering that as of now the scourge of mass unemployment over the last 5 years has destroyed more lives and wealth in the domestic United States than the Nazi's ever did...maybe that ought to be as much of a motivating factor as Nazi Germany, imperial Japan and/or Independence Day.

Or, maybe it just went over your head

I'd rather the government not address that for the people.

Con_Alma;1498411 wrote:I'd rather the government not address that for the people.

Yeah well your position is a non sequitur. Taxation and the creation of a unit of account currency is what creates unemployment as we know it in a capitalist economy wherein people produce things to obtain that unit of account to use in exchange. What does it mean to be unemployed...it means you can't find paid work...there's work to be done but you can't find anyone to pay you for it in the unit of account that is created by the government (or outsourced to the private sector in the case of a gold standard).

So, as long as the public controls ultimately what the base currency is through its institutions like the Congress and a central bank, ultimately unemployment is a creature of those things and the monetary policies and fiscal policies that they employ. They have no choice but to be "addressing that for the people" so long as there is taxation and those taxes can only be distinguished with the legal tender of the government's choice.

I disagree. There is logic behind it.

Of all the influences the governemnt has on the economy it still isn't doesn't limit people's ability to carry out commerce directly amongst eash other.

Con_Alma;1498426 wrote:I disagree. There is logic behind it.

Of all the influences the governemnt has on the economy it still isn't doesn't limit people's ability to carry out commerce directly amongst eash other.

It absolutely does so long as it levy's taxes on income and income is = "All accessions to wealth clearly realized overwhich the taxpayer has complete dominion" as the supreme court has ruled and determines that it will only accept the payment of those taxes with Federal Reserve Notes.

So even if you engaged in commerce with one another through barter people are still increasing their wealth and subject to taxes from the government and can only pay them in Federal Reserve Notes...hence why even Ron Paul libertarians accept Federal Reserve Notes they despise as payment for their services.

So long as there is taxation and the government determines what the base currency is that will distinguish those liabilities...the government is inextricably responsible for unemployment.

BoatShoes;1498406 wrote:Well you're a smart guy so you know of course that it was a metaphor/thought experiment. Point is, in an emergency, just like nobody cared about "teh deFic1t ahhh" when we mobilized the entire nation for WWII and had the lowest unemployment rate on record and double digit growth rates.

The suggestion is that, considering that as of now the scourge of mass unemployment over the last 5 years has destroyed more lives and wealth in the domestic United States than the Nazi's ever did...maybe that ought to be as much of a motivating factor as Nazi Germany, imperial Japan and/or Independence Day.

Or, maybe it just went over your head

Yeah, that must be it.

Carry on the good fight, Sport. :laugh:

BoatShoes;1498433 wrote:It absolutely does so long as it levy's taxes on income and income is = "All accessions to wealth clearly realized overwhich the taxpayer has complete dominion" as the supreme court has ruled and determines that it will only accept the payment of those taxes with Federal Reserve Notes.

So even if you engaged in commerce with one another through barter people are still increasing their wealth and subject to taxes from the government and can only pay them in Federal Reserve Notes...hence why even Ron Paul libertarians accept Federal Reserve Notes they despise as payment for their services.

So long as there is taxation and the government determines what the base currency is that will distinguish those liabilities...the government is inextricably responsible for unemployment.

???

I have not disagreed with this. I have stated I would rather the government not address it.

In addition it is not not all forms of barter increase wealth but rather can create an equal exchange.

fish82;1498434 wrote:Yeah, that must be it.

Carry on the good fight, Sport. :laugh:

Indeed. Maybe I will make a post laughing at how Republicans are super-serial and totally literal when they say things like wishing an unborn human embryo had been armed with an AR-15 lol.

Con_Alma;1498437 wrote:???

I have not disagreed with this. I have stated I would rather the government not address it.

In addition it is not not all forms of barter increase wealth but rather can create an equal exchange.

lol no...the whole point of exchange in economics is that you think you're subjectively better off as a result of the exchang and in the aggregate that makes everyone objectively better. off.

As to your first point...again...that doesn't make sense. Government can't help but create the level of unemployment. It is a political choice to determine what level that it is at. Right now it's 7.3%. If the FED rose interest rates it would shoot up. If Congress raised taxes it would shoot up. If Congress fired all of the federal public employees it would shoot up, etc.

BoatShoes;1498444 wrote:lol no...the whole point of exchange in economics is that you think you're subjectively better off as a result of the exchang and in the aggregate that makes everyone objectively better. off. ...

Better off can mean havi soemthing you needed and didn't have while providing soemthing you don't need for it. It doesn't necessarily mean that wealth was increased. I can mean that needs were decreased

BoatShoes;1498444 wrote:...As to your first point...again...that doesn't make sense. Government can't help but create the level of unemployment. It is a political choice to determine what level that it is at. Right now it's 7.3%. If the FED rose interest rates it would shoot up. If Congress raised taxes it would shoot up. If Congress fired all of the federal public employees it would shoot up, etc.

I'd rather that such an influence not exist to the degree it does....whether they can help it or not.

BoatShoes;1498439 wrote:Indeed. Maybe I will make a post laughing at how Republicans are super-serial and totally literal when they say things like wishing an unborn human embryo had been armed with an AR-15 lol.

I'd support such a banter. It's silly no matter the party.

BoatShoes;1498439 wrote:Indeed. Maybe I will make a post laughing at how Republicans are super-serial and totally literal when they say things like wishing an unborn human embryo had been armed with an AR-15 lol.

fish82;1498524 wrote:

Tuesday must be Condecending BoatShoes Day.

BoatShoes;1498535 wrote:

That too. Good call. :thumbup:

fish82;1498582 wrote:That too. Good call. :thumbup:

BoatShoes;1498444 wrote: Right now it's 7.3%.

Eminently false, yet subscribed to by liberal 'intellectual' wine tasters.

QuakerOats;1499088 wrote:Eminently false, yet subscribed to by liberal 'intellectual' wine tasters.

The U3, total unemployed as a percent of the civilian labor force number is 7.3%, yes.


http://www.bls.gov/news.release/empsit.t15.htm

What's a disaster is the shrinking of the labor force because we're taking money out of people's pockets with higher taxes and lower spending and not providing the private sector with risk free savings accounts at the FED that we call tsy securities.

Again, only a political puppet would argue that the rate is 7.3%. But, in the fantasyland that is Washington DC, I guess it is par for the course.

speaking of 'inconvenient truths':



The pause – which has now been accepted as real by every major climate research centre – is important, because the models’ predictions of ever-increasing global temperatures have made many of the world’s economies divert billions of pounds into ‘green’ measures to counter climate change.
Those predictions now appear gravely flawed.


Read more: http://www.dailymail.co.uk/news/article-2415191/Global-cooling-Arctic-ice-caps-grows-60-global-warming-predictions.html#ixzz2ehdCwPp3
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