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(Washington Post)   Oh, look, another Rethuglican spouting off at the mouth about Medicare being unsustainable and people getting $3 in services for every dollar they put in and fark it, let's just sick the liberal fact checkers on him. See, I told you...oh, he's right?   (washingtonpost.com) divider line 53
    More: Obvious, Medicare, fact checking, John Barrasso, average wage  
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2704 clicks; posted to Politics » on 20 Mar 2013 at 12:24 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest


Archived thread
2013-03-20 01:13:53 PM
8 votes:
Look guys, here it is in a nutshell. If you don't believe Medicare is bad then imagine all that money being stuffed into an eggplant and shoved up a giraffe's ass. Do you think that's good for the economy?
2013-03-20 01:22:11 PM
5 votes:
Look, you guys just aren't understanding: Conceptualize the economy as a frictionless sphere of constant density. On this sphere there are two potatoes, one of whom has all of the coconuts and the other has all of the gravity. Now, if the gravity potato trades all of his gravity to the coconut potato, but the coconut potato only has X-1 coconuts, the gravity potato AND the coconut potato will float away, and the sphere will collapse into a black hole.

DO YOU GET IT NOW, LIIIIBS?
2013-03-20 12:56:26 PM
5 votes:

MattStafford: DamnYankees: I repeat: I understand that you fundamentally disagree with Keynesian economics, but is there some reason that you need to re-start every single thread pretending not to know what Keynesian's think, and re-asking the same questions over and over again?

We've been through this many times before.

Because until people understand that it is bullshiat, it needs to be restarted.


So you're like a tourist who doesn't speak French, and thinks that in order to order food in Paris you just need to speak English even louder.
2013-03-20 01:21:08 PM
4 votes:
It's a simple question: If the U.S. Government lent me all the money in the country, and I went to Vegas and bet it all on black and lost, would that be good for the economy? I don't understand why people aren't taking this simple analogy seriously.

Follow-up question:  If you were a hot dog, and you were starving, would you eat yourself?
2013-03-20 01:18:17 PM
4 votes:
i.imgur.com
2013-03-20 01:03:57 PM
4 votes:

A Dark Evil Omen: He is constitutionally incapable of understanding anything that doesn't involve monkeys on pogosticks throwing fish at coconuts as a model of the real-world economy.


Listen, monkeys on pogosticks is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not some ape throwing fish at coconuts .

2.bp.blogspot.com
2013-03-20 01:12:54 PM
3 votes:
farm3.static.flickr.com
MattStafford (artist's conception)
2013-03-20 12:52:13 PM
3 votes:

MattStafford: CPennypacker: YES

DamnYankees: In the current economy? Yes. A lot.

Look, I understand that you fundamentally disagree with Keynesian economics, but is there some reason that you need to re-start every single thread pretending not to know what Keynesian's think, and re-asking the same questions over and over again?

If I borrowed ten trillion dollars?  What if I only spent it on comic books?

What happens when the bank no longer lends me money, and my consumption drops to zero?


Then you run out of coconuts
2013-03-20 12:39:40 PM
3 votes:
If this headline was a person, it would corner you in a bar and rant about how the judge gave all of its money to its ex-wife.
2013-03-20 11:53:23 AM
3 votes:
"sick" (sic) = sic.
2013-03-20 08:13:22 PM
2 votes:
img89.imageshack.us
2013-03-20 03:00:17 PM
2 votes:

MattStafford: MyKingdomForYourHorse: MattStafford: Care to explain it?

Two things at hand in your example here actually, the little understanding of how money comes into being and then gets circulated into the economy and also microecon and its effects at the macro level.

Here, its pretty lengthy but its a good start. I suspect you won't actually read it but it would go lengths towards putting down those stupid strawmen examples you hoist up.

So the answer is, no, you can't explain it?

And MMT is bullshiat.  If you would like me to explain, I gladly will.


It's true, he can. He has a great analogy that makes it really easy to understand, too.
2013-03-20 01:35:28 PM
2 votes:

MattStafford: There is a town that produces a variety of goods.  They have their own currency.  I print up a ton of currency, go to this town, and buy a bunch of their goods.  I leave the town with these real goods.

The town is better off after this happened.

Keynes, baby.


I know you're full of shiat but this post is hilarious because it made me picture John Maynard Keynes rising from his grave and beating the living shiat out of you.
2013-03-20 01:32:26 PM
2 votes:
Reading this "discussion" is like watching a monkey fark a football. Ultimately pointless, a little funny, and at least someone is having a good time.
2013-03-20 01:18:34 PM
2 votes:

FarkedOver: If you came into one trillion dollars.... shortly thereafter you would be the proud owner of the world's only one trillion dollar potato.  You've got that going for you human-potato hybrid

2013-03-20 12:57:03 PM
2 votes:

jaytkay: MattStafford: cameroncrazy1984: Because old people buy lots of things and that helps the economy. I don't understand why this has to be explained to you over and over again.

Buying shiat does not help the economy!  Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?

I think we need to help you out with some definitions. Let's start with "dollar", "economy", "bank", "loan", and "two".

/ Kidding. With you I think we need to start with "the".


He is constitutionally incapable of understanding anything that doesn't involve monkeys on pogosticks throwing fish at coconuts as a model of the real-world economy.
2013-03-20 12:53:01 PM
2 votes:

MattStafford: cameroncrazy1984: Because old people buy lots of things and that helps the economy. I don't understand why this has to be explained to you over and over again.

Buying shiat does not help the economy!  Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?


I think we need to help you out with some definitions. Let's start with "dollar", "economy", "bank", "loan", and "two".

/ Kidding. With you I think we need to start with "the".
2013-03-20 12:26:12 PM
2 votes:

Lando Lincoln: So yeah, we should totally abandon Medicare and let old people die.


www.dreamstime.com

"I like the cut of your jib, good sir!  Entitlements are destroying America!!"
2013-03-22 06:58:28 PM
1 votes:

MattStafford: A 300 million person economy is more similar to a lawnmower than a 200 person economy.


You are really, really bad at analogies. Have you considered not trying to use them?
2013-03-21 12:14:35 AM
1 votes:

DrPainMD: In 15 years, when there is one person on SS/medicare for every 1.5 workers, no tax rate will be high enough to pay for it.


Silly, this is why we enacted Obama Care, we'll be killing those older folks before they have a chance to drain on the system.

Yeesh, and you people proclaim you keep up with the times.

/potato.coconut
2013-03-20 10:14:04 PM
1 votes:

DrPainMD: Lowering the age would just bankrupt the country quicker.


Yes, adding a large population of the young and healthy will destroy Medicare and America with it.
2013-03-20 03:11:47 PM
1 votes:

DarwiOdrade: MattStafford: DarwiOdrade: Are you saying the ditch-digger-turned-shoemaker's-employee no longer needs shoes? How does the demand for shoes disappear because one ditch-digger changes jobs?

You are suggesting that the shoemaker is going to employ the ditch digger, when the only consumer for those very same shoes is his employee?

I am going to hire you to build a car, and then I'm going to sell you that car? What do I get out of the deal?

The same thing car manufacturers get from selling to their employees now - greater market share among other things that aren't addressed by your oversimplified analogy.


No, you see, there is only one car maker with one employee and they make only one car because there is no one else in this functioning 2 person economy and that is just like how things are in America today.

Now don't you look silly.

/coconuts
2013-03-20 02:50:14 PM
1 votes:

NateGrey: Oh geez, as if there wasnt enough derp in this thread.


there wasn't. That's why I am glad you showed up.

NateGrey: Of course thats not the only flaw. That stood out in each of his scenarios.


oftentimes simplification is a tool for explaining an idea. The act of simplification, even to absurd levels, is not the issue. Whether there are millions of people spending the money from the fed or they gave it all to one guy to spend doesn't really make a difference. Why don't you attack his easily assailable arguments rather than going for the cozy feel of joining a pile-on without adding anything of merit?

I have a feeling I know why.
2013-03-20 02:35:04 PM
1 votes:

NeverDrunk23: Sounds like someone moved from a GED in law to a GED in economics. Switch the names and the post style match up.


El-oh-el, chip.
2013-03-20 02:15:39 PM
1 votes:
What economics course is it that they teach to kill all old people? I must of skipped that class.
2013-03-20 01:55:29 PM
1 votes:
MattStafford:  i0.kym-cdn.com
2013-03-20 01:43:07 PM
1 votes:
img855.imageshack.us

"If you say 'imagine' again, I'm going to rise from the grave and beat the shiat out of you."
2013-03-20 01:18:50 PM
1 votes:

Fart_Machine: MattStafford: FarkedOver: MattStafford: Imagine the recipients of Medicare and Social Security as one collective entity

But they aren't one collective entity.....

Why would the effect on the economy be different if it was one person spending the money as opposed to one thousand people?  The same amount of money is injected into the economy.

This post is worth 1000 facepalms.


It's as if millions of potatoes cried out and were suddenly silenced.
2013-03-20 01:17:48 PM
1 votes:
Conceptualize the economy as two entities - Me, MattStafford, and every other actor in the economy.

Start:  MattStafford has X goods and Y dollars.  Everyone else has A goods and Y dollars.

MattStafford prints one trillion new dollars, and buys goods from everyone else.

End:  MattStafford has X goods + 1 trillion dollars more worth of goods and Y dollars.  Everyone else has A goods - 1 trillion dollars worth of goods, and Y + 1 trillion dollars.

Are you actually suggesting that the rest of the economy benefited from that transaction?
2013-03-20 01:12:58 PM
1 votes:

Epoch_Zero: FarkedOver: MattStafford: Imagine the recipients of Medicare and Social Security as one collective entity

But they aren't one collective entity.....

No no, see you have to imagine it - because his problem is imaginary.


Ohhhh so i have to suspend my belief in reality and check my brain out and travel the potato brick road to tardville to understand this economic principle he has..... sounds like fun. I am going to need some acid and airplane glue for this journey.
2013-03-20 01:11:04 PM
1 votes:

MattStafford: qorkfiend: MattStafford: If I printed ten trillion dollars, and bought ten trillion dollars worth of goods and services, would our economy be better off?

What do you think happens to that $10 trillion? It doesn't just vanish.

So are you agreeing that the economy would be better off?  What if I printed 20 trillion dollars, and hired every single working age person in America to produce goods for me?  Would the economy be better off then?


Is this stupid analogy time?
2013-03-20 01:10:03 PM
1 votes:

MattStafford: Suppose instead of that one collective entity, it was just me receiving that money.  If the US government borrowed the same amount of money every year, and just gave it to me, would that still be good for the economy?


You couldn't possibly spend the same amount that they do. Your little thought experiment is retarded. You are retarded. Fark off, RON PAUL tardnomics troll.

MattStafford: And if you do think that that is good for the economy, let me ask some follow up questions.


We're all out of potatoes.
2013-03-20 01:09:39 PM
1 votes:

MattStafford: Alright, look guys - I'll try to make this as simple as possible:



"To make a long story shor.."

"TOO LATE!"
2013-03-20 01:03:30 PM
1 votes:

MattStafford: cameroncrazy1984: Because old people buy lots of things and that helps the economy. I don't understand why this has to be explained to you over and over again.

Buying shiat does not help the economy!  Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?


Old people buying things is not a one-time event. It is continuous and if you don't think buying shiat helps the economy, every business in existence would like a word with you.
2013-03-20 01:03:29 PM
1 votes:

max_pooper: Hey MattStafford, when are you going to admit you lied when you claimed to have earned a degree in economics?


Maybe he got a GED.
2013-03-20 01:01:00 PM
1 votes:

MattStafford: cameroncrazy1984: MattStafford: cameroncrazy1984: Because old people buy lots of things and that helps the economy. I don't understand why this has to be explained to you over and over again.
 
Buying shiat does not help the economy!  Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?

Please try to come up with a reasonable example. The one you keep using will never happen and is thus not worth discussing. Can you stay in the real-world, please?


Just answer the question!  Would it be good for the economy?  If you replace me with a bunch of seniors, would it be good for the economy then?


Right now - yes - considering most seniors don't know how to use a computer.

fark off, troll.
2013-03-20 12:58:24 PM
1 votes:

FarkedOver: MattStafford: FarkedOver: Please explain to me why we keep subsidizing wealthy individuals, who by definition do not produce things or provide services?

We shouldn't!  What makes you think I'm in favor of that?

Well you're not a Keynesian.... I'm pretty sure you're not a Marxist.   Oh you're just an "end the fed and everything will fall into place" kind of person? is that what we have here?  Do you want to go back to the gold standard while we're at it?


His actual economic ideas are Sillyasstrollism.
2013-03-20 12:57:39 PM
1 votes:

MattStafford: DamnYankees: I repeat: I understand that you fundamentally disagree with Keynesian economics, but is there some reason that you need to re-start every single thread pretending not to know what Keynesian's think, and re-asking the same questions over and over again?

We've been through this many times before.

Because until people understand that it is bullshiat, it needs to be restarted.


But your assertion it is bullshiat flies in the face of documented reality.
2013-03-20 12:52:34 PM
1 votes:

maniacbastard: MattStafford: Buying shiat does not help the economy! Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?

Yes it would.

Christ, how difficult is that to understand?


He'd buy $2T of used goods from one guy at cost.
2013-03-20 12:51:05 PM
1 votes:

DamnYankees: MattStafford: Please explain to me how keeping millions of people, who by definition do not produce things or provide services, alive financed via a massive amount of debt is somehow going to make our country stronger?

Your right. We should ritually murder every person once they hit the age of 65. That's the way to go.


encrypted-tbn2.gstatic.com
2013-03-20 12:50:49 PM
1 votes:

MattStafford: Buying shiat does not help the economy! Christ, how difficult is that to understand?

If a bank loaned me two trillion dollars, and I bought and consumed two trillion dollars worth of goods, would that help the economy?


Yes it would.

Christ, how difficult is that to understand?
2013-03-20 12:50:16 PM
1 votes:

MattStafford: Please explain to me how keeping millions of people, who by definition do not produce things or provide services, alive financed via a massive amount of debt is somehow going to make our country stronger?


Free babysitting.
2013-03-20 12:47:01 PM
1 votes:

meat0918: max_pooper: MattStafford: People still think borrowing money for Social Security and Medicare is a good idea?  Jesus, how dense are you guys?

Please explain to me how keeping millions of people, who by definition do not produce things or provide services, alive financed via a massive amount of debt is somehow going to make our country stronger?  Who cares if we provide massive amounts of jobs to doctor's providing them services?  Those jobs disappear once we can no longer borrow money to fund the scheme!

You are the dense one who does not understand even the most basic concepts of economics.

When are you going to admit you lied when you claimed to have earned a degree in economics?

Come now, he could have.  I doubt it, but he could have.

Even the guy that graduated last in his class at med school is still called "doctor".



Maybe he got his degree at the same institutions Sarah Palin got hers?
2013-03-20 12:46:11 PM
1 votes:

CPennypacker: If we were getting out a dollar for every dollar we put in, why would we need insurance in the first place? Couldn't we just pay for the medical care out of pocket?


Insurance insures that should you exceed that ratio due to a tragedy you are insured assuredly to receive insurance.

So if you never need a quarter million dollars in cancer treatments, consider yourself lucky.
2013-03-20 12:42:22 PM
1 votes:

DamnYankees: MattStafford: Please explain to me how keeping millions of people, who by definition do not produce things or provide services, alive financed via a massive amount of debt is somehow going to make our country stronger?

Your right. We should ritually murder every person once they hit the age of 65. That's the way to go.

www.mybaycity.com
2013-03-20 12:41:44 PM
1 votes:
i47.tinypic.com
2013-03-20 12:41:15 PM
1 votes:
So wait, Medicare isn't holding an individual stash of money I paid in?

Imagine if private business functioned that way!

When I put money in the bank, I know that bank holds every dime of it in the back room for me until I want to withdraw.
2013-03-20 12:27:25 PM
1 votes:
isn't the point of Medicare to give people more than they pay for?
2013-03-20 12:22:22 PM
1 votes:
So yeah, we should totally abandon Medicare and let old people die. Well...old people that can't afford to pay for their treatments die. We are a Christian Nation, after all. Everybody knows how much Jesus hated sick people.
2013-03-20 11:58:28 AM
1 votes:

netizencain: Via Infinito: Sorry subs. Washington Post is on my no-clicky list. Nice try though.

"I don't click any link that's not on my 'approve' list because I certainly don't want to see other opinions or understand the mindset of people that I disagree with."

This is the same narrow-mildness as the assholes that only watch Fox News.  Why not read the article on WaPo then find similar content on another site... then, with a little comprehension make your own judgement?


Obviously you don't understand how ad revenue works.
2013-03-20 11:48:10 AM
1 votes:
Wow, subs, were you able to finish while writing that headline?

Anyways:

Steuerle said that he was not trying to single out Medicare, but was trying to focus on both Social Security and Medicare. "I think we would probably engage in a better reform if we tried to reform both systems at the same time," he said in an e-mail.

But, if Medicare is the one with the problem, why does the other need reform? And why isn't it noted that the ratio has dropped from 7:1 for a 65 year old in 1960 to 3:1 in 2030? And does he realize you don't actually get that money when they pay for your services? Maybe services are too damned expensive. But that's crazy talk. I'm sure the answer is to cut off the poor people.
2013-03-20 11:39:55 AM
1 votes:
imagemacros.files.wordpress.com


///Wait until subtard finds out about private health insurance
2013-03-20 11:33:49 AM
1 votes:
Sorry subs. Washington Post is on my no-clicky list. Nice try though.
 
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