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librechik

(30,956 posts)

29. exactly--what family has the ability to print money or invent a job

Reply to markpkessinger (Reply #24)

Fri Apr 26, 2013, 02:11 PM

Apr 2013

when times are tough. And if they had that power, who would argue they shouldn't use it to save the family?

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Lame-ass response by Rogoff-Reinhart in today's NYT OpEd piece... [View all] CTyankee Apr 2013 OP

I'd expect them to be a little more contrite. MannyGoldstein Apr 2013 #1

Actually, good for them. In any case, we should not become the defenders of astronomical debt. reformist2 Apr 2013 #2

the problem with the "astronomical debt" argument is that it plays into the CTyankee Apr 2013 #3

We need to tell the truth - huge debt *is* bad, but higher taxes on the wealthy is the solution. reformist2 Apr 2013 #15

Increasing taxes is the opposite of a keynesian stimulus. mathematic Apr 2013 #13

Well, I thought we were recovering and no longer in a recession. Isn't that what Obama said? reformist2 Apr 2013 #14

It's the two meanings of "recession" Jim Lane Apr 2013 #33

It depends on who's taxes you're talking about. Alva Goldbook Apr 2013 #31

No, Keynesian stimulus does not suggest increased taxes during a downturn. lumberjack_jeff Apr 2013 #19

We're not in a downturn. Or are you saying our party lied in 2012? reformist2 Apr 2013 #20

Yes. Our party lied in 2012 lumberjack_jeff Apr 2013 #21

Median Househols Income... whttevrr Apr 2013 #28

"household" and "family" are two different things. lumberjack_jeff Apr 2013 #32

You increase the taxes in the good times. LiberalAndProud Apr 2013 #25

Yeap you can increase gov spending and decrease taxes on the middle class too uponit7771 Apr 2013 #26

Don't know what Krugman will say, Benton D Struckcheon Apr 2013 #4

well, they had to get the results they desired SOMEHOW! CTyankee Apr 2013 #5

Latest GDP results and interpretation Benton D Struckcheon Apr 2013 #6

PK's response just posted: http://krugman.blogs.nytimes.com/ CTyankee Apr 2013 #9

How did something that was not peer reviewed ever get the attention it did? Sanity Claws Apr 2013 #7

It's hard for a peer to review a manuscript when the authors don't reveal their data. byeya Apr 2013 #8

That such a situation drives crucial policy decisions for whole governments CTyankee Apr 2013 #12

Because edhopper Apr 2013 #11

Krugmans comments are now up BootinUp Apr 2013 #10

Don't miss the reader comments -- markpkessinger Apr 2013 #16

R&R have managed some serious jujitsu, making Dems defend high debt and deficits... reformist2 Apr 2013 #17

That's the problem. The public has been mesmerized by repubs harping on CTyankee Apr 2013 #18

It's not about "defending debt and deficits . . ." markpkessinger Apr 2013 #22

it's just fucking common sense librechik Apr 2013 #23

Unfortunately, too many people buy into the household budget analogy . . . markpkessinger Apr 2013 #24

exactly--what family has the ability to print money or invent a job librechik Apr 2013 #29

Not to mention . . . markpkessinger Apr 2013 #30

And still they ignore Krugman... Sekhmets Daughter Apr 2013 #27