Weekend Economists Chart the Bradbury Chronicles, June 8-10,2012

[Po_d Mainiac]

27. The chairsatan's stupidity shines through

In the last paragraph of his prepared statement

Quote: A third objective for fiscal policy is to promote a stronger economy in the medium and long term through the careful design of tax policies and spending programs. To the fullest extent possible, federal tax and spending policies should increase incentives to work and save, encourage investments in workforce skills, stimulate private capital formation, promote research and development, and provide necessary public infrastructure. Although we cannot expect our economy to grow its way out of federal budget imbalances without significant adjustment in fiscal policies, a more productive economy will ease the tradeoffs faced by fiscal policymakers.

Thank you. I would be glad to take your questions.

Hey douche bag, how about raising interest rates so savers get a return of more than negative on their net? But you set the rates, and can't do that because all the banksters wood fail.

There ain't gonna be a more productive economy until the system gets flushed of insolvent institutions that are sucking the lifeblood in a desperate measure to earn their way back into the 'black.'