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Forums >  GameRiot Forums >  The Pub
Unemployment to hit 10% - Porkulus working great...
Level 3
Joined: Jun 17, 2009
Posts: 4
Location: 
Posted: Jun 17, 2009 6:35 pm EDT
So true
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Vir
Level 58
Joined: Feb 13, 2008
Posts: 1783
Location: Dethecus
Posted: Nov 6, 2009 10:26 am EST
breadman said
It looks so familiar!





http://en.wikipedia.org/wiki/File:Ingsoc_salute.jpg
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Level 34
Joined: Mar 25, 2008
Posts: 104
Location: Cambridge, MA
Posted: Nov 6, 2009 3:46 pm EST
Just because their predictions were clearly retarded doesn't mean that a stimulus wasn't needed.
EDIT: Also because of how much of economics is governed by perception of economic fitness, overly optimistic predictions are a NECESSARY thing for the government to give.
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Vir
Level 58
Joined: Feb 13, 2008
Posts: 1783
Location: Dethecus
Posted: Nov 6, 2009 8:57 pm EST
Just because their predictions were clearly retarded doesn't mean that a stimulus wasn't needed.



Even in a theoretical economy where the government gets $1 of GDP for every $1 it spends, trusting our government to spend the debt wisely is a bad bet.

EDIT: Also because of how much of economics is governed by perception
of economic fitness, overly optimistic predictions are a NECESSARY
thing for the government to give.


Fair enough, especially in our consumer driven economy.  Still, what good is it to project optimism if it compels consumers to go into more debt?  I understand the problem of deflation, and the government coming out and saying "HEY WERE GOING TO BE ******" would obviously make it worse, but it still sort of sucks to be lied to.
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Level 34
Joined: Mar 25, 2008
Posts: 104
Location: Cambridge, MA
Posted: Nov 6, 2009 10:47 pm EST
Vir said
Just because their predictions were clearly retarded doesn't mean that a stimulus wasn't needed.



Even in a theoretical economy where the government gets $1 of GDP for every $1 it spends, trusting our government to spend the debt wisely is a bad bet.

EDIT: Also because of how much of economics is governed by perception
of economic fitness, overly optimistic predictions are a NECESSARY
thing for the government to give.


Fair enough, especially in our consumer driven economy.  Still, what good is it to project optimism if it compels consumers to go into more debt?  I understand the problem of deflation, and the government coming out and saying "HEY WERE GOING TO BE ******" would obviously make it worse, but it still sort of sucks to be lied to.
In a consumer driven economy, LACK of a stimulus plan would only increase consumer skepticism in the economy, making the recession that much worse. Therefore, it was a necessary step, just like overly optimistic predictions.
Not saying it's moral or anything, but it had to be done. And you should've known you were being lied to, you don't strike me as quite stupid enough to accept everything the government throws as you as the truth.
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Level 30
Joined: Sep 26, 2008
Posts: 590
Location: Somewhere in the midwest
Posted: Nov 6, 2009 11:13 pm EST
Your obsession with statist regimes makes me wonder if you just play too many video games...
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Level 70
Joined: Nov 15, 2007
Posts: 658
Location: Michigan
Posted: Nov 7, 2009 12:53 am EST


http://www.gop.gov/accountability
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Level 30
Joined: Sep 26, 2008
Posts: 590
Location: Somewhere in the midwest
Posted: Nov 7, 2009 8:27 am EST
Linking charts from a political site that is run by a political part with an obstructional opposition to Obama. Do you watch Fox News Slapnuts?
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Level 12
Joined: Oct 30, 2009
Posts: 52
Location: Socal
Posted: Nov 7, 2009 11:48 am EST
regardless of the source the graph speaks volumes
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Level 70
Joined: Nov 15, 2007
Posts: 658
Location: Michigan
Posted: Nov 7, 2009 12:05 pm EST
Iori said
Linking charts from a political site that is run by a political part with an obstructional opposition to Obama. Do you watch Fox News Slapnuts?
*facepalm*

I really wish I could ban you just for being completely stupid.  You will definitely make the next "vote off the GR Island" poll  :)

The numbers regardless of the location are factual.  I realize that, much like HTML, it is probably hard for you to understand.
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Forums >  GameRiot Forums >  The Pub >  Unemployment to hit 10% - Porkulus working great...
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