economics: Germany
in [Design]
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From: dagmargoodboat on 5 Jul 2010 10:28 On Jul 4, 7:21 pm, John Larkin <jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: > http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html > > It appears that the Germans, at least, appreciate where they are on > the Laffer curve. > > John "The stronger-than-expected growth and falls in unemployment were making it significantly easier for Germany to reduce its public sector deficit." We'd be bouncing back too but for Obama. Even flat on its back, our economy would be trying to sit up if Big Bro wasn't busy holding it down. It was and is weakly trying, but he just won't let it. It's his initiatives, tax-hikes, and attacks on employers and industries that restrain their plans. If you know your expenses are going to jump you don't hire. Period. Worse: knowing they'll jump, but not knowing how much. Obama's disastrous handling of banks and mortgages compounds the situation--jobless people who normally would move to get a new job can't. If they sold their current houses they'd have to come up with the loss, cash, and even if they had that they wouldn't be able to get a loan for a new one. They're stuck. o He's piling on more overhead $$ on employers, which directly sucks money from employment, from creativity, from innovation. o He's piling on more regulation, which means businesses do that rather than create and produce. o He's ruining our ability to efficiently allocate resources. o The money he's spending competes with private sector capital needs, sucking it away, so they can't get funds. It also creates debts whose costs will bleed the life and energy out us all in the future, including employers. It's a perfect storm of destruction. That's why we're still in recession, and possibly headed down from here. For the economy to recover all Mr. Obama needs to do is take his boot off its neck, and stop kicking its a$$. It'll recover on its own, if he only ever lets it. The Europeans went along 1/2-way the first time on the stimulus bandwagon; now they're all jumping off. Good for them. Obama's touting a new stimulus plan, and the Democrats seem to be pushing toward it for after the election. (They don't dare vote for it now.) They're perplexed their first plan failed, and figure they just didn't waste enough money to succeed. Obama's almost as good at economics, creating jobs, and stimulus as he is at cleaning up oil spills. Almost. James Arthur
From: John Larkin on 5 Jul 2010 11:35 On Mon, 5 Jul 2010 07:28:51 -0700 (PDT), dagmargoodboat(a)yahoo.com wrote: >On Jul 4, 7:21�pm, John Larkin ><jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >> >> It appears that the Germans, at least, appreciate where they are on >> the Laffer curve. >> >> John > >"The stronger-than-expected growth and falls in unemployment were >making it significantly easier for Germany to reduce its public sector >deficit." > >We'd be bouncing back too but for Obama. Even flat on its back, our >economy would be trying to sit up if Big Bro wasn't busy holding it >down. It was and is weakly trying, but he just won't let it. > >It's his initiatives, tax-hikes, and attacks on employers and >industries that restrain their plans. If you know your expenses are >going to jump you don't hire. Period. Worse: knowing they'll jump, >but not knowing how much. > >Obama's disastrous handling of banks and mortgages compounds the >situation--jobless people who normally would move to get a new job >can't. If they sold their current houses they'd have to come up with >the loss, cash, and even if they had that they wouldn't be able to get >a loan for a new one. They're stuck. > >o He's piling on more overhead $$ on employers, which directly sucks >money from employment, from creativity, from innovation. >o He's piling on more regulation, which means businesses do that >rather than create and produce. >o He's ruining our ability to efficiently allocate resources. >o The money he's spending competes with private sector capital needs, >sucking it away, so they can't get funds. It also creates debts whose >costs will bleed the life and energy out us all in the future, >including employers. > >It's a perfect storm of destruction. That's why we're still in >recession, and possibly headed down from here. > >For the economy to recover all Mr. Obama needs to do is take his boot >off its neck, and stop kicking its a$$. It'll recover on its own, if >he only ever lets it. > >The Europeans went along 1/2-way the first time on the stimulus >bandwagon; now they're all jumping off. Good for them. > >Obama's touting a new stimulus plan, and the Democrats seem to be >pushing toward it for after the election. (They don't dare vote for >it now.) They're perplexed their first plan failed, and figure they >just didn't waste enough money to succeed. > >Obama's almost as good at economics, creating jobs, and stimulus as he >is at cleaning up oil spills. Almost. > > >James Arthur Laffer, yes. Keynes, no. At least the Germans have sense. John
From: Spehro Pefhany on 5 Jul 2010 12:05 On Mon, 05 Jul 2010 08:35:26 -0700, John Larkin <jjlarkin(a)highNOTlandTHIStechnologyPART.com> wrote: >On Mon, 5 Jul 2010 07:28:51 -0700 (PDT), dagmargoodboat(a)yahoo.com >wrote: > >>On Jul 4, 7:21�pm, John Larkin >><jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >>> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >>> >>> It appears that the Germans, at least, appreciate where they are on >>> the Laffer curve. >>> >>> John >> >>"The stronger-than-expected growth and falls in unemployment were >>making it significantly easier for Germany to reduce its public sector >>deficit." >> >>We'd be bouncing back too but for Obama. Even flat on its back, our >>economy would be trying to sit up if Big Bro wasn't busy holding it >>down. It was and is weakly trying, but he just won't let it. >> >>It's his initiatives, tax-hikes, and attacks on employers and >>industries that restrain their plans. If you know your expenses are >>going to jump you don't hire. Period. Worse: knowing they'll jump, >>but not knowing how much. >> >>Obama's disastrous handling of banks and mortgages compounds the >>situation--jobless people who normally would move to get a new job >>can't. If they sold their current houses they'd have to come up with >>the loss, cash, and even if they had that they wouldn't be able to get >>a loan for a new one. They're stuck. >> >>o He's piling on more overhead $$ on employers, which directly sucks >>money from employment, from creativity, from innovation. >>o He's piling on more regulation, which means businesses do that >>rather than create and produce. >>o He's ruining our ability to efficiently allocate resources. >>o The money he's spending competes with private sector capital needs, >>sucking it away, so they can't get funds. It also creates debts whose >>costs will bleed the life and energy out us all in the future, >>including employers. >> >>It's a perfect storm of destruction. That's why we're still in >>recession, and possibly headed down from here. >> >>For the economy to recover all Mr. Obama needs to do is take his boot >>off its neck, and stop kicking its a$$. It'll recover on its own, if >>he only ever lets it. >> >>The Europeans went along 1/2-way the first time on the stimulus >>bandwagon; now they're all jumping off. Good for them. >> >>Obama's touting a new stimulus plan, and the Democrats seem to be >>pushing toward it for after the election. (They don't dare vote for >>it now.) They're perplexed their first plan failed, and figure they >>just didn't waste enough money to succeed. >> >>Obama's almost as good at economics, creating jobs, and stimulus as he >>is at cleaning up oil spills. Almost. >> >> >>James Arthur > >Laffer, yes. Keynes, no. At least the Germans have sense. > >John "Pfennigs"
From: John Larkin on 5 Jul 2010 12:13 On Mon, 05 Jul 2010 12:05:47 -0400, Spehro Pefhany <speffSNIP(a)interlogDOTyou.knowwhat> wrote: >On Mon, 05 Jul 2010 08:35:26 -0700, John Larkin ><jjlarkin(a)highNOTlandTHIStechnologyPART.com> wrote: > >>On Mon, 5 Jul 2010 07:28:51 -0700 (PDT), dagmargoodboat(a)yahoo.com >>wrote: >> >>>On Jul 4, 7:21�pm, John Larkin >>><jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >>>> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >>>> >>>> It appears that the Germans, at least, appreciate where they are on >>>> the Laffer curve. >>>> >>>> John >>> >>>"The stronger-than-expected growth and falls in unemployment were >>>making it significantly easier for Germany to reduce its public sector >>>deficit." >>> >>>We'd be bouncing back too but for Obama. Even flat on its back, our >>>economy would be trying to sit up if Big Bro wasn't busy holding it >>>down. It was and is weakly trying, but he just won't let it. >>> >>>It's his initiatives, tax-hikes, and attacks on employers and >>>industries that restrain their plans. If you know your expenses are >>>going to jump you don't hire. Period. Worse: knowing they'll jump, >>>but not knowing how much. >>> >>>Obama's disastrous handling of banks and mortgages compounds the >>>situation--jobless people who normally would move to get a new job >>>can't. If they sold their current houses they'd have to come up with >>>the loss, cash, and even if they had that they wouldn't be able to get >>>a loan for a new one. They're stuck. >>> >>>o He's piling on more overhead $$ on employers, which directly sucks >>>money from employment, from creativity, from innovation. >>>o He's piling on more regulation, which means businesses do that >>>rather than create and produce. >>>o He's ruining our ability to efficiently allocate resources. >>>o The money he's spending competes with private sector capital needs, >>>sucking it away, so they can't get funds. It also creates debts whose >>>costs will bleed the life and energy out us all in the future, >>>including employers. >>> >>>It's a perfect storm of destruction. That's why we're still in >>>recession, and possibly headed down from here. >>> >>>For the economy to recover all Mr. Obama needs to do is take his boot >>>off its neck, and stop kicking its a$$. It'll recover on its own, if >>>he only ever lets it. >>> >>>The Europeans went along 1/2-way the first time on the stimulus >>>bandwagon; now they're all jumping off. Good for them. >>> >>>Obama's touting a new stimulus plan, and the Democrats seem to be >>>pushing toward it for after the election. (They don't dare vote for >>>it now.) They're perplexed their first plan failed, and figure they >>>just didn't waste enough money to succeed. >>> >>>Obama's almost as good at economics, creating jobs, and stimulus as he >>>is at cleaning up oil spills. Almost. >>> >>> >>>James Arthur >> >>Laffer, yes. Keynes, no. At least the Germans have sense. >> >>John > >"Pfennigs" On Friday we had a circuit dispute and someone offered to bet me "dollars to donuts" that he was right, and I noted that donuts cost more than dollars nowadays. John
From: John Larkin on 5 Jul 2010 12:37
On Mon, 5 Jul 2010 07:28:51 -0700 (PDT), dagmargoodboat(a)yahoo.com wrote: >On Jul 4, 7:21�pm, John Larkin ><jjlar...(a)highNOTlandTHIStechnologyPART.com> wrote: >> http://www.ft.com/cms/s/0/1f011f36-87ae-11df-9f37-00144feabdc0.html >> >> It appears that the Germans, at least, appreciate where they are on >> the Laffer curve. >> >> John > >"The stronger-than-expected growth and falls in unemployment were >making it significantly easier for Germany to reduce its public sector >deficit." > >We'd be bouncing back too but for Obama. Even flat on its back, our >economy would be trying to sit up if Big Bro wasn't busy holding it >down. It was and is weakly trying, but he just won't let it. > >It's his initiatives, tax-hikes, and attacks on employers and >industries that restrain their plans. If you know your expenses are >going to jump you don't hire. Period. Worse: knowing they'll jump, >but not knowing how much. > This is good: http://www.lvrj.com/opinion/barack-obama--the-great-jobs-killer-97758294.html "the key to success is to avoid employees" John |