Originally posted by Parallax . Yeah, government can just print more money, but they don't just hand it out like candy at Halloween; not to the working people anyway. Restrict imports to the amount exported on a country by country basis an we'll have plenty of jobs.
YES it's not how much they spend but what they spend it on.. Think of gov. buying money into the economy as an "investment"... in which their "return" is a better economy.
Now figure out which ones are the "best".. As I stated earlier the very best "fix" for the mortgage crisis would have been to do the social psychological (NOT financial) unacceptable payoff of
the loan giving the owner occupier instant ownership and liquidity (and the banks scrubbing the debt from their books w/ the "trickle up" ) to free up more spending..
Quote: not to the working people anyway
Right back to the wage slavery so lovd by Capitalists.. NEVER give them anything that would improve their finances.. subsistence is fine and slightly hungry/desperate is better.. Seeing the picture yet???
Just like the Repubs who are more than happy to throw billions to capitalists but want everything short of wholesale starvation taken from the "little people"..
you play into their hands when you admit that the Fed can "print money" and almost spend without limit (please note we all know everything has limits) yet fall back on their meme and say we can't afford to give money to people that spend practically every last dollar (isn't that the best type of consumer anyways)..........
It is getting pretty obvious that short of allowing them to die en-mass they could give a rats patottie about the "little people"
We "little people" need to re-frame the fight and use "real world" economics.. not capitalism sponsored economics skewed to THEIR best interest.........
BTW: China is only equal to 15% of the goods and services "bought" in the US.....