XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: lunch@nofreelunch.us   
      
   On Sat, 18 May 2013 00:18:10 -0400, "Scout"   
    wrote in alt.atheism:   
      
   >   
   >   
   >"Free Lunch"  wrote in message   
   >news:5nqdp8dpa5co20ajs7h50b00hvl2m2nhhm@4ax.com...   
   >> On Fri, 17 May 2013 21:39:54 -0400, "Scout"   
   >>  wrote in alt.atheism:   
   >>   
   >>>   
   >>>   
   >>>"Free Lunch"  wrote in message   
   >>>news:4cecp8dtq2tp55eiijkqjor6ml83pj1oig@4ax.com...   
   >>>> On Thu, 16 May 2013 22:08:58 -0400, "Scout"   
   >>>>  wrote in alt.atheism:   
   >>>>   
   >>>>>   
   >>>>>   
   >>>>>"Free Lunch"  wrote in message   
   >>>>>news:kroap89c498pgk07js3e5cui1tq7od9edk@4ax.com...   
   >>>>>> On Thu, 16 May 2013 18:24:10 -0400, "Scout"   
   >>>>>>  wrote in alt.atheism:   
   >>>>>>   
   >>>>>>>   
   >>>>>>>   
   >>>>>>>"Free Lunch"  wrote in message   
   >>>>>>>news:8fmap81ea903324epphsnlp94855m2l0o2@4ax.com...   
   >>>>>>>> On Wed, 15 May 2013 20:49:30 -0500, RD Sandman   
   >>>>>>>>  wrote in alt.atheism:   
   >>>>>>>>   
   >>>>>>>>>Free Lunch  wrote in   
   >>>>>>>>>news:fb48p8h4dheale4uoutm46c91a0ni7p8qc@4ax.com:   
   >>>>>>>>>   
   >>>>>>>>>> On Wed, 15 May 2013 16:41:05 -0600, deep wrote in alt.atheism:   
   >>>>>>>>>>   
   >>>>>>>>>>>On Wed, 15 May 2013 16:47:25 -0500, RD Sandman   
   >>>>>>>>>>> wrote:   
   >>>>>>>>>>>   
   >>>>>>>>>>>>> And I believe Obama signed into law some $800 Billion of   
   >>>>>>>>>>>>> additional   
   >>>>>>>>>>>>> spending into that budget while he was President.   
   >>>>>>>>>>>>>   
   >>>>>>>>>>>>> Since they had already budgeted more than they had in revenue   
   >>>>>>>>>>>>> shouldn't we calculate that entire amount added under Obama as   
   >>>>>>>>>deficit   
   >>>>>>>>>>>>> spending?   
   >>>>>>>>>>>>   
   >>>>>>>>>>>>   
   >>>>>>>>>>>>;)   
   >>>>>>>>>>>   
   >>>>>>>>>>>Gee, and here I thought the budget was the responsiblity of the   
   >>>>>>>>>>>House   
   >>>>>>>>>>>of Representatives.   
   >>>>>>>>>>>   
   >>>>>>>>>>>Since when did The Executive write the budget?   
   >>>>>>>>>>   
   >>>>>>>>>> The budget is just a plan. It has never had any meaning for   
   >>>>>>>>>> congress,   
   >>>>>>>>>> even if they pass it. The spending and tax bills are supposed to   
   >>>>>>>>>> try   
   >>>>>>>>>> to   
   >>>>>>>>>> match the budget that might have been passed, but if they don't,   
   >>>>>>>>>> no   
   >>>>>>>>>> problem, only the spending and tax bills become law.   
   >>>>>>>>>   
   >>>>>>>>>And when compared to the budget, become deficits and surpluses which   
   >>>>>>>>>add   
   >>>>>>>>>to the debt.   
   >>>>>>>>   
   >>>>>>>> Indeed they do. One of the biggest concerns in the West right now is   
   >>>>>>>> that government spending has cut back too much, slowing the growth   
   >>>>>>>> of   
   >>>>>>>> the US, giving the Eurozone another recession and leaving the UK   
   >>>>>>>> dead   
   >>>>>>>> in   
   >>>>>>>> the water. Deficits can be good or bad, depending on the rest of the   
   >>>>>>>> economy. The national debt is already a sunk cost and can be   
   >>>>>>>> generally   
   >>>>>>>> ignored for short-term planning.   
   >>>>>>>   
   >>>>>>>Well, European countries are free to donate as much money as they   
   >>>>>>>like.   
   >>>>>>>I'm   
   >>>>>>>sure the Obama can find something to spend it on. He certainly hasn't   
   >>>>>>>had   
   >>>>>>>trouble spending far more than we have.   
   >>>>>>>   
   >>>>>> You don't seem to understand the problem. Austerity at this time hurts   
   >>>>>> Europe and it hurts the US. Austerity supporters have demonstrated   
   >>>>>> their   
   >>>>>> ignorance of economics.   
   >>>>>   
   >>>>>I agree. Europe should borrow tons of money and give it to Obama so he   
   >>>>>can   
   >>>>>spend it.   
   >>>>>   
   >>>>>After all. Obama is already running the US into the ground at a rate of   
   >>>>>over   
   >>>>>$1 Trillion dollars a year. Surely Europe should be able to match that   
   >>>>>if   
   >>>>>they are really considered about declining US government spending.   
   >>>>>   
   >>>>>Now you were saying something about austerity?   
   >>>>>   
   >>>>>   
   >>>> You keep reminding us that you understand nothing about economics or   
   >>>> about the US deficit.   
   >>>   
   >>>Oh, so you're telling us we need to be concerned with our massive deficits   
   >>>and that we need to reduce government spending drastically so that we   
   >>>won't   
   >>>run our economy into the ground with government debt and excessive   
   >>>taxation?   
   >>   
   >> America has already reduced its spending too fast to let the economy   
   >> recover properly. If you want to make the deficit smaller, raise taxes   
   >> on the wealthy.   
   >   
   >So with $6 Trillion in deficit spending you're telling me that Obama STILL   
   >hasn't fixed the economy so that's it's not dependent on massively excessive   
   >government spending?   
      
   It is dependent on the change in spending. Government spending should   
   increase when the economy is weak and it should decrease when the   
   economy is strong. Right now our government spending as a share of the   
   potential GDP is lower than it was under Reagan.   
      
      
      
   >So when exactly does all this government spending end?   
      
   When the economy is strong again.   
      
   Austerity during a recovery from a massive recession is like   
   blood-letting as a treatment for someone with a fever.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)