The Texas Unmiracle

[Socrates]

[quote name='Maggie' timestamp='1314936320' post='2299057']
dairy is correct, though, that government spending does stimulate the economy. Unemployment payments stimulate the economy more than many forms of tax cutting because the unemployed spend their checks immediately, whereas tax cuts are often used to save or pay down debt, thereby not stimulating anything.[/quote]
So then, to really get the economy jumping, the government should just daily write out a big fat check for a million bucks to every citizen, employed or unemployed, rich or poor, to spend as they see fit. (Or, ok, maybe just the unemployed, since those evil working capitalist-type folks would just waste their money in investment, rather than just immediately spending it on themselves like responsible citizens.)


[quote]Supply-side economics is ideologically and intellectually satisfying but it won't work to get us out of our present situation because we have gotten into this rut due to a lack of demand in the housing market. It's not a supply problem, it's allllll demand.


Incidentally I am still waiting for all that economic growth from the tax cuts of the 80s and 2000s to trickle down to the great unwashed. I thought a rising tide lifts all boats.[/quote]
Still waiting for all that hope'n'change to work its magic.

I suppose its all because our stingy federal government [i]still[/i] isn't spending enough money (all those damned Republicans fault!).

Exactly how many more trillion dollars of national debt must we go into for Keynesian economics to save us all?


ps ~ I ditto everything Winnie and M-T said in response. For more details, I recommend reading [url="http://www.amazon.com/Meltdown-Free-Market-Collapsed-Government-Bailouts/dp/1596985879/ref=sr_1_1?s=books&ie=UTF8&qid=1315094342&sr=1-1"][i]Meltdown: A Free Market Look at why the Stock Market Collapsed, the Economy Tanked, and Government Bail-outs Will Make Thinks Worse[/i], by Thomas E. Woods, Jr.[/url]

[Socrates]

[quote name='Winchester' timestamp='1314982174' post='2299235']
I submit that there is no "the economy", but instead, a general perception of many different individual actions.
[/quote]
True. In that way, it's much like "society" or "the culture."

[dominicansoul]

i find it hilarious that perry calls social security what it is and gets crucified for his words...

[Mr.Cat]

[center][img]http://editorialcartoonists.com/cartoons/AnderN/2011/AnderN20110826_low.jpg[/img][/center]

The office of the Texas governor is arguably one of the weakest in the United States constitutionally. Because Texas has a weak plural executive, former governor George Bush and current governor Rick Perry trying to take responsibility for any Texan success is a bit outlandish. Texas is suffering from the recession like the rest of the United States, generally no better or worse. Texas is suffering from a massive budget deficit. Texas had one of it's worst heat waves in recorded history, possibly agitated by global warming and climate change. Texas is suffering from horrible droughts and wild fires...

To understand why our office of governor is so weak one must understand the governorship of Edmund J. Davis.

Trying to imagine Texas as some "[i]tea party movement[/i]", "[i]conservative[/i]", or "[i]republican[/i]" paradise is laughable at best and delusional at worst.[quote name='Don John of Austria' timestamp='1313550082' post='2289613']We didn't lose a single battle on texas soil the fist time, and we were staggeringly outnumbered, I don't think so much anymore.[/quote] May I suggest reading into Texas history a bit more? To point you in the right direction, maybe reading into the Battle of the Alamo and the Battle of Coleto, which resulted in Mexican victory... and inspiring Texan resolve for independence. Moreover the Battle of Coleto, since it showed the ruthlessness and possible insanity of the Mexican dictator to Texans.

Edited September 14, 2011 by Mr.Cat

[dominicansoul]

meh, ALL politicians take credit for things they don't do... if it works to get elected, their gonna use it...

[vee]

They're

[dominicansoul]

grammer nazi

[vee]

gramm[u][b]a[/b][/u]r

Texans

[Winchester]

[quote name='vee8' timestamp='1316038285' post='2304741']
gramm[u][b]a[/b][/u]r

Texans
[/quote]
[img]http://26.media.tumblr.com/tumblr_li0roj16JY1qi1jfeo1_400.gif[/img]