tag:blogger.com,1999:blog-6616959642391988608.post2419875643120061188..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Employment: steady gains continueScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-80371413371701375502014-11-11T09:17:57.178-08:002014-11-11T09:17:57.178-08:00Ed Yardini: "Why Easy Money Policies Might be...Ed Yardini: "<b>Why Easy Money Policies Might be Deflationary</b>"<br /><br />"I’ve previously explained why ultra-easy monetary policy might be deflationary rather than inflationary. In brief, it might stimulate supply more than demand. In the past, easy money stimulated demand more than supply as borrowers borrowed lots of money and spent it all. Now their debt burdens are such Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-36663317039876439102014-11-08T08:56:53.421-08:002014-11-08T08:56:53.421-08:00The data for the transfer payments chart is availa...The data for the transfer payments chart is available from the Bureau of Economic Analysis. <br /><br />http://www.bea.govScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-90175507710102813762014-11-08T05:18:19.402-08:002014-11-08T05:18:19.402-08:00Scott, I am a long time reader of your excellent ...Scott, I am a long time reader of your excellent blog. Thank you for the incredible yet free service you provide to the "average Joe investor".<br /><br />Anyways, I have one quick question: What data did you use to create the Transfer Payments chart? I'd love to have the facts behind the figures as this is such an astounding chart and to me represents the heart of the global Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70373718942530530682014-11-07T20:54:00.472-08:002014-11-07T20:54:00.472-08:00Re infrastructure spending. As Obama realized afte...Re infrastructure spending. As Obama realized after the fact, there are no shovel-ready infrastructure projects. Only 8% of the ARRA "stimulus" spending—some $65 billion—went to infrastructure projects, and much of that ended up wasted.<br /><br />If there is a need to build infrastructure, it should be done at the local level. No way can or should Congress make those kinds of decisionsScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-931707607797535372014-11-07T20:49:57.010-08:002014-11-07T20:49:57.010-08:00Interesting facts:
There are almost 11 million p...Interesting facts: <br /><br />There are almost 11 million people receiving disability payments, and their average monthly payment is about $1000. That totals to about $130 billion per year, or about 3.8% of total federal spending.<br /><br />Total spending on food stamps is running about $65 billion per year, or about 1.9% of federal spending.<br /><br /><br /><br />Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59996692012459152612014-11-07T16:51:14.472-08:002014-11-07T16:51:14.472-08:00For sure, lower tax rates on productive bdhavior--...For sure, lower tax rates on productive bdhavior---some serious cuts in FICA taxes, perhaps compensated for by QE make a lot of sense.<br /><br />That is, have the Fed buy $500 billion of Treasuries every year and put it into the Social Security Trust fund, while cutting FICA taxes in half.<br /><br />Get rid of ethanol, VA and SSDI disability, and food stamps.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55148302101949417502014-11-07T15:06:20.230-08:002014-11-07T15:06:20.230-08:00Infrastructure spending and tax credits to incenti...Infrastructure spending and tax credits to incentivize capex make sense to me.Lawyer in NJhttps://www.blogger.com/profile/02920739130504981369noreply@blogger.com