tag:blogger.com,1999:blog-6616959642391988608.post6991099169415689071..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The myth of the "balanced approach" to fiscal policyScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6616959642391988608.post-84649822799943572842012-09-06T18:23:03.040-07:002012-09-06T18:23:03.040-07:00SDH: That NYT article and chart is full of assumpt...SDH: That NYT article and chart is full of assumptions that make no sense. For the unvarnished truth, I refer you to a post of mine last February. The numbers haven't changed since then. Bottom line, in four years Obama will have increased the federal debt burden by much more than Bush did in eight years.<br /><br />http://scottgrannis.blogspot.com/2012/02/Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48471443114410450442012-09-06T17:55:34.520-07:002012-09-06T17:55:34.520-07:00Scott - thanks as always for your very helpful cha...Scott - thanks as always for your very helpful charts and analysis. I was hoping you would have time to explain or rebut the following chart, which continues to make the rounds of social media. Obviously it is flawed in comparing two years of deficits under Obama to 8 years under Bush, but even beyond that, the Bush deficit numbers are larger than what I find from other sources such as your blog SDHhttps://www.blogger.com/profile/01681474314097558883noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1449432597694125632012-08-28T07:52:16.105-07:002012-08-28T07:52:16.105-07:00William,
Counter cyclical investing is when you m...William,<br /><br />Counter cyclical investing is when you manage capital such that during booms/busts your portfolio/business/country is not leveraged in all the wrong places.<br /><br />For example, during the housing bust there were families with the dad in construction, mother in real estate sales, all the while owning two homes on cheap credit and little equity. When times were good, it was Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75046644293008564742012-08-28T07:13:15.424-07:002012-08-28T07:13:15.424-07:00If the GDP were 15% larger, the budget would almos...If the GDP were 15% larger, the budget would almost be balanced, with no other changes in anything.Ed Rhttps://www.blogger.com/profile/17720176132423294274noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1729168735244810432012-08-27T21:42:47.071-07:002012-08-27T21:42:47.071-07:00Neither Republicans nor Democrats will cut spendin...Neither Republicans nor Democrats will cut spending by any significant margin -- in fact, history has shown repeatedly around the world that meaningful spending cuts never happen until government defaults and turnovers occur -- even with government turnovers, some sovereign debt still find its way into the new government's monetary calculus -- there's no hope for a balanced approach to McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75869446763186792102012-08-27T20:36:38.497-07:002012-08-27T20:36:38.497-07:00By what fiction is the GOP a party that wants to s...By what fiction is the GOP a party that wants to slow federal spending?<br /><br />Did this happen under Reagan? Bush? Bush jr? (the latter had majorities in House and Senate for much of his terms). <br /><br />As a fraction of GDP, the federal government did shrink recently---in the Clinton years (who worked with a GOP House and Senate, truth to tell). <br /><br />I wish the GOP walk would even Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-2941451260214710692012-08-27T19:13:28.329-07:002012-08-27T19:13:28.329-07:00Foobar could you expand on your comment:
".....<b>Foobar</b> could you expand on your comment:<br /><br />"...counter cyclical investing is also the winning long term strategy for investors."<br /><br />What do you mean exactly??<br /><br />Thank you ,,,WilliamWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8329817154400493832012-08-27T18:12:54.878-07:002012-08-27T18:12:54.878-07:00This is pro-cyclical and lead to bigger booms and ...This is pro-cyclical and lead to bigger booms and busts. Excessive growth is a very bad thing (tech bubble, housing bubble, etc.). We have many centuries of hard evidence.<br /><br />Governments should shrink during good years and expand during bad years. <br /><br />Why both the conservatives and the liberals so fixated on a fix growth trajectory for the government for all times? Why so Foobarhttps://www.blogger.com/profile/13624313160940110676noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-56797954886337287522012-08-27T14:44:11.663-07:002012-08-27T14:44:11.663-07:00This is just partisan spin. Alan Simpson himself s...This is just partisan spin. Alan Simpson himself said that Obama supports Simpson-Bowles, but since Republicans are against everything that Obama is for he can't say so publicly.<br /><br />Republicans aren't interested in solutions, only naked power.Lawyer in NJhttps://www.blogger.com/profile/02920739130504981369noreply@blogger.com