tag:blogger.com,1999:blog-6616959642391988608.post1062340796668105271..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Consumption has recovered, jobs will followScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-85931819080951921062010-02-02T22:18:01.848-08:002010-02-02T22:18:01.848-08:00This is a great post. I’m glad it was bumped. Othe...This is a great post. I’m glad it was bumped. Otherwise I would’ve missed these very useful information.<br /><br />Regards.<br /><a href="http://www.servocahealth.com/" rel="nofollow"> Health Care jobs</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87541528424894917282010-02-02T09:31:47.849-08:002010-02-02T09:31:47.849-08:00Public pensions are a killer.
The Los Angeles Pol...Public pensions are a killer.<br /><br />The Los Angeles Police Department is on a jag to boost payroll to 10,000 officers from 7,500 several years back, despite little population growth and declining crime rates.<br /><br />Every officer hired comes with a long, 75-year tail attached. <br /><br />Pensions, and even pensions payments for life to survivors, such as younger spouses can extend for Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24422588035973425262010-02-02T03:53:27.143-08:002010-02-02T03:53:27.143-08:00The economy cycles between excess spending/leverag...The economy cycles between excess spending/leverage and a basic replacement rate. During down turns we reduce employment till profitability occurs which is in line with the need to replace things that are worn-out or we face reducing our standard of living. It is at this level that stability occurs and any increase in sales generates higher employment.seekingtraceevidencehttps://www.blogger.com/profile/02479493983076211876noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41020811098832935372010-02-01T17:59:15.238-08:002010-02-01T17:59:15.238-08:00Scott,
The Federal Deficit is now half the Federa...Scott,<br /><br />The Federal Deficit is now half the Federal budget........much of that spending translates into immediate consumption creating massive numbers of jobs and revenues for the economy.<br /><br />Going forward, the government will need to print the money to fund the deficit.....as no nation in the world has the capacity to loan $2 Trillion dollars.....or half of China's GDP.<br alstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-79519739308276268602010-02-01T13:44:33.662-08:002010-02-01T13:44:33.662-08:00I don't believe that the federal deficit has c...I don't believe that the federal deficit has created a lot of jobs or that it has generated lots of profits. The vast majority of the deficit is transfer payments, very little of which is taxable. I view the deficit as a net drag on the economy, and we would be much better off without it.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20850965328157009962010-02-01T13:22:58.421-08:002010-02-01T13:22:58.421-08:00Scott,
This is the point I am not very artfully t...Scott,<br /><br />This is the point I am not very artfully trying to make.....has anyone calcuated how much of government tax receipts are a direct result of government spending?<br /><br />For example, if tax receipts continue on the current downward trajectory...it is very conceivable Obama's deficit will be closer to $2 Trillion dollars.<br /><br />$2T is about half of total spending at alstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67245921138385538532010-02-01T13:12:16.694-08:002010-02-01T13:12:16.694-08:00alstry: about half that amount represents transfer...alstry: about half that amount represents transfer payments that take money from one person and give it to another. This is not really "spending." When you look at government consumption of goods and services, the number is much much smaller than $7 trillion. But it's true that we can't run trillion dollar deficits funded by the Federal Reserve forever without running into Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50851247129346658212010-02-01T12:35:19.299-08:002010-02-01T12:35:19.299-08:00As usual, your commentary is completely somewhere ...As usual, your commentary is completely somewhere in outer space. Why aren't you on MSNBC? You'd fit right in.LILhttps://www.blogger.com/profile/06054350061535334334noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82008510018283874622010-02-01T12:17:16.139-08:002010-02-01T12:17:16.139-08:00Scott,
When Government spends and consumes $7 Tri...Scott,<br /><br />When Government spends and consumes $7 Trillion dollars per year at all levels....much of it from printed currency and not tax receipts.......how long do you think this can continue before inflationary pressures stunt growth and destroy the dollar?<br /><br />Thanksalstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91126709745781448432010-02-01T12:12:54.737-08:002010-02-01T12:12:54.737-08:00One of the better explanations on the positives of...One of the better explanations on the positives of supply side economics.....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.com