America on the rebound with Obama Administration Policies
- Thread starter Mvector
- Start date
Exactly why I have his Liberal, parasitic ass on ignore...
The thing that this article does not mention is that this decline of Detroit and other cities has been going on for far longer than Obama has been in office.
Interesting point of view however incorrect it may be. For example the Government spending versus unemployment graph (link below) actually shows that increasing government spending causes unemployment to go down not up. You will note that in each case spending increases are "followed" by a decrease, not an increase as claimed, in unemployment. This is exactly as modern economic theory would have it. When the private sector leverages down, the public sector leverages up to compensate. The government increases spending, and this puts people back to work. Though some of them may be working at newly created government jobs, many will be working at newly created private sector jobs funded by government spending in the private sector --something some of us may refer to as corporate welfare.
http://www.screencast.com/t/nQlnbtQNerCe
Unfortunately, this is not a minor error and more or less invalidates much of the article. However, that said, certainly many true facts are contained within the article and their interpretation is not entirely without merit.
Shiteater. Nice, descriptive username. Goes with the level of the "Economics" discussions around here, which basically amount to "Ugh! Gubmint bad!"
I was especially amused when someone put up graphs of the government spending levels of Ireland and some others that clearly showed spending shooting through the roof AFTER the crisis in 2008, and everyone ignoring it and saying it was overspending that is causing the euro sovereign debt crisis. Ideology over all, all the time, every time around here.
Why doncha all just keep repeating that "Ugh! Gubmint bad!" forever? It's all you ever do anyway.
I was especially amused when someone put up graphs of the government spending levels of Ireland and some others that clearly showed spending shooting through the roof AFTER the crisis in 2008, and everyone ignoring it and saying it was overspending that is causing the euro sovereign debt crisis. Ideology over all, all the time, every time around here.
Why doncha all just keep repeating that "Ugh! Gubmint bad!" forever? It's all you ever do anyway.