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(Washington Post)   Deficits aren't dropping because we're doing something right, they're dropping because we're doing everything wrong   (washingtonpost.com ) divider line
    More: Hero, deficits, Congressional Budget Office  
•       •       •

7178 clicks; posted to Politics » on 22 May 2013 at 6:18 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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

2013-05-22 06:19:14 PM  
8 votes:

themindiswatching: We're just not doing austerity hard enough!!!!1!!1!


I'M SO AUSTERE I SHIAT NOTHING
2013-05-22 06:44:11 PM  
5 votes:
So, are rich people going to be okay?

I'm worried about them.
2013-05-22 07:24:13 PM  
4 votes:
i86.photobucket.com
2013-05-22 07:19:09 PM  
3 votes:
You mean short-term deficit reduction isn't the be-all end-all of good governance?  Well, knock me down with a feather.
2013-05-22 06:46:24 PM  
3 votes:

Skarekrough: So, are rich people going to be okay?

I'm worried about them.


Me too.  I lose sleep at night hoping that the Job CreatorsTM won't get levied with more burdensome taxes, forcing them to send their money overseas to live with its cousin in Ireland.
2013-05-22 06:18:23 PM  
3 votes:
We're just not doing austerity hard enough!!!!1!!1!
2013-05-22 06:12:45 PM  
3 votes:
We're gonna have this Keynes vs Friedman argument again, aren't we?
2013-05-23 12:39:15 AM  
2 votes:

Sergeant Grumbles: pxsteel: How is it a tax cut.

pxsteel: Offer them a 10% tax rate

You do know what a tax cut is, right?

You also assume that such a rate would actually encourage corporations to repatriate offshore jobs and funds, even though it didn't work the last time we tried it.

So again...
[pictures.mastermarf.com image 600x258]


If you want to return jobs to this country I'd suggest mining the shipping lanes.
2013-05-22 08:07:54 PM  
2 votes:

MayoSlather: But if we pay people to dig ditches AND fill the ditches with poor people then you're getting rid of all the unemployed, and employing more ditch diggers. Win/win.



I'm not sure being digger rich is the answer.
2013-05-22 07:23:36 PM  
2 votes:
...So vote Republican?
2013-05-22 06:55:46 PM  
2 votes:

Tommy Moo: The economy is never going to "get better" than it is. The stock market is at a record high. Unemployment is high because there are too many people. Paying them all to dig ditches and fill them in with dirt isn't going to create wealth. If you're going to wait around for everyone to be hired simply because Megacorp thinks they should be altruistic and hire 10,000 people they don't need, don't hold your breath. If we wait for 5% unemployment to cut the deficit, it will just continue to grow forever.


But if we pay people to dig ditches AND fill the ditches with poor people then you're getting rid of all the unemployed, and employing more ditch diggers. Win/win.
2013-05-22 06:40:57 PM  
2 votes:

doyner: So we don't like reducing the deficit now?


Just imagine if we get a GOP president in 2016, they won't matter at all. Then we'll invade Iran and North Korea at the same time.
2013-05-22 06:34:59 PM  
2 votes:

PowerSlacker: So it's better to reduce the deficit by kicking the can down the road then?


One side believes the can we should be focusing on is employment. Fix employment and you'll fix the deficit and the debt.

The other side believes the can we should be focusing on is the deficit and debt. Fix the deficit and debt, you'll fix employment.

It's up to you to decide which of these makes sense, and which one defies math, history, and reality.
2013-05-22 06:24:39 PM  
2 votes:

The All-Powerful Atheismo: themindiswatching: We're just not doing austerity hard enough!!!!1!!1!

I'M SO AUSTERE I SHIAT NOTHING


I am so austere I am an un-shaiting black hole.
2013-05-23 02:23:56 AM  
1 vote:

Ehh: Vectron: Washington D.C. is the problem.

And alcohol is the solution?


To alcohol! The cause of, and solution to, all of life's problems.
2013-05-23 01:41:28 AM  
1 vote:

Tommy Moo: Unemployment is high because there are too many people. Paying them all to dig ditches and fill them in with dirt isn't going to create wealth.


It's worked before.
seattletimes.com
2013-05-23 01:25:23 AM  
1 vote:

MayoSlather: But if we pay people to dig ditches AND fill the ditches with poor people then you're getting rid of all the unemployed, and employing more ditch diggers. Win/win.


i.imgur.com

There is a disturbing lack of Judge Smails in this thread.
2013-05-23 12:53:56 AM  
1 vote:

Gyrfalcon: tinfoil-hat maggie: Gyrfalcon: Monkeyhouse Zendo: pxsteel: lower cost to operate is why they left in the first place

Yes, if only the American worker would labor for a dollar a day we could usher in a golden age of full employment and prosperity.

We did, once. Those halcyon days of the 1890's the robber barons, er, "job creators" long to return to so very badly.

Truthfully, I think you are thinking too recently. I here there was a glorious day back before that awful thing called the enlightenment where if you owned land you owned everything on it including people.

Those were truly the good ole days wel,l if you owned land.

True, but there weren't "laborers" then. And they didn't get even so much as a dollar a day--but they did get to keep some of what they grew, so there's that. But in the 1890's the robber barons didn't have to own the land to get the laborers to work their asses off for next to nothing. They could just get them to sign a contract that said they'd work 14 hours a day, six days a week for $2 a week, and then laugh when they meekly asked for more, sir.

Today's CEOs dream of such wonderous times.


Well sure the cheapest slaves are the ones you don't have to buy or take care of. And we would've owned it all if it weren't for those pesky unions and that Rino Teddy Roosevelt ; )
2013-05-23 12:06:15 AM  
1 vote:

Gyrfalcon: Monkeyhouse Zendo: pxsteel: lower cost to operate is why they left in the first place

Yes, if only the American worker would labor for a dollar a day we could usher in a golden age of full employment and prosperity.

We did, once. Those halcyon days of the 1890's the robber barons, er, "job creators" long to return to so very badly.


Truthfully, I think you are thinking too recently. I here there was a glorious day back before that awful thing called the enlightenment where if you owned land you owned everything on it including people.

Those were truly the good ole days wel,l if you owned land.
2013-05-22 11:39:28 PM  
1 vote:
Now this graph may look favorable to the President, but if I add a projection on the end that suddenly ends this trend and swoops back downwards, just look how bad it gets! I call it Satan's Rollercoaster.
2013-05-22 11:22:52 PM  
1 vote:

Monkeyhouse Zendo: pxsteel: lower cost to operate is why they left in the first place

Yes, if only the American worker would labor for a dollar a day we could usher in a golden age of full employment and prosperity.


We did, once. Those halcyon days of the 1890's the robber barons, er, "job creators" long to return to so very badly.
2013-05-22 11:09:51 PM  
1 vote:
scm-l3.technorati.com

Tonight on Fox News... Lower Deficit: Is it a bad thing?
2013-05-22 10:32:34 PM  
1 vote:
By the time 2016 and beyond roll around we'll have another Bush in the White House and deficits won't matterTM again so this is pretty much a non-issue.
2013-05-22 10:23:19 PM  
1 vote:

RickyWilliams'sBong: fusillade762: We're gonna have this Keynes vs Friedman argument again, aren't we?

Keynes:Friedman::Led Zeppelin:Cinderella


Keynes:Friedman::Fidel Castro:Monster Trucks

What are we doing here?
2013-05-22 10:17:04 PM  
1 vote:

Dusk-You-n-Me: PowerSlacker: So it's better to reduce the deficit by kicking the can down the road then?

One side believes the can we should be focusing on is employment. Fix employment and you'll fix the deficit and the debt.

The other side believes the can we should be focusing on is the deficit and debt. Fix the deficit and debt, you'll fix employment. tax cuts, except when proposed by a democrat or aimed at the middle or lower classes.  We totally need to just give trickle down enough time to work.  The sudden magical increases in GDP that result will more than pay for the cuts!

It's up to you to decide which of these makes sense, and which one defies math, history, and reality.


Fixed that fer ya.
2013-05-22 10:13:48 PM  
1 vote:

pxsteel: lower cost to operate is why they left in the first place


Yes, if only the American worker would labor for a dollar a day we could usher in a golden age of full employment and prosperity.
2013-05-22 10:07:18 PM  
1 vote:

red5ish: That was not up to the usually high standards I have come to expect from Ezra Klein.


Ezra Klein has standards?
2013-05-22 10:01:17 PM  
1 vote:

fusillade762: We're gonna have this Keynes vs Friedman argument again, aren't we?


Keynes:Friedman::Led Zeppelin:Cinderella
2013-05-22 09:30:45 PM  
1 vote:

EngineerAU: Something like vastly increasing medical services so that everybody can have access to them?


The poors can't have what I have! You're a communist!
2013-05-22 09:26:20 PM  
1 vote:

asdfbeau: If we create increased productivity per-person in one area, and offset it by creating a demand for increased productivity per-person in another area, haven't we created a 4th option that keeps things in balance? seems to me this is what's been happening forever.


Something like vastly increasing medical services so that everybody can have access to them?
2013-05-22 09:14:21 PM  
1 vote:
ox45tallboy:

[www.changingworld.com image 241x241]

"In 2001, the Texas Secretary of State revoked the charter of Lionheart Newspapers for nonpayment of franchise taxes."

You're welcome.
2013-05-22 08:39:53 PM  
1 vote:
Everybody farking the "cut SS, Medicare and taxes" chicken this week.

Seriously, I think the Koch brothers bought up all the media.
2013-05-22 08:37:55 PM  
1 vote:

sendtodave: Businesses are people, remember?

/some could say they are "the people"
//"who matter"


www.changingworld.com

2013-05-22 08:28:41 PM  
1 vote:

ox45tallboy: America is supposed to be for the people, not for the businesses. You're proposing what is good for businesses first, but promoting it as if the side effect of "creating jobs" were the main reason for your proposal.


Businesses are people, remember?

/some could say they are "the people"
//"who matter"
2013-05-22 08:26:32 PM  
1 vote:

Granny_Panties: This is what I am getting from the comments after the article...

The so called president is bla, so everything is wrong. Nothing can possibly go right when we have bla in the WHITE House. Bring back America, put an old rich WHITE guy back in the WHITE House.


Welcome to the Internet.
2013-05-22 08:17:16 PM  
1 vote:

Granny_Panties: doyner: So we don't like reducing the deficit now?

Just imagine if we get a GOP president in 2016, they won't matter at all. Then we'll invade Iran and North Korea at the same time.


And fire everyone who isn't making $500,000 a year.
2013-05-22 08:16:36 PM  
1 vote:

Ehh: Vectron: Washington D.C. is the problem.

And alcohol is the solution?


A tincture of politicians?
2013-05-22 08:16:02 PM  
1 vote:

ox45tallboy: America is supposed to be for the people, not for the businesses.


Amazing how so effortlessly the GOP forgets this.
Ehh
2013-05-22 08:13:00 PM  
1 vote:

Vectron: Washington D.C. is the problem.


And alcohol is the solution?
2013-05-22 07:49:49 PM  
1 vote:

pxsteel: How is it a tax cut.


pxsteel: Offer them a 10% tax rate


You do know what a tax cut is, right?

You also assume that such a rate would actually encourage corporations to repatriate offshore jobs and funds, even though it didn't work the last time we tried it.

So again...
pictures.mastermarf.com
2013-05-22 07:43:35 PM  
1 vote:

Cpl.D: 2012: "Why should I vote Republican?" We need to get rid of Obammer because deficit and big money and too much government!
2013: "Looks like the deficit is getting smaller."  OMG Obammer do everything wrong!

Good god, man.  If Obama cured cancer and brokered world peace, they'd claim it was some sort of diabolical plot.  You know... Obama should join the NRA.  The conservative nuts would enter a permanent derp feedback loop.  It would be an awesome spectacle.  They'd be forced to double down, and double again, and again, and so on until they had so much derp that they'd collapse into a point of infinite stupidity and leave the universe forever.


I think I missed that episode of Doctor Who.

/or was is ST:TNG
2013-05-22 07:41:53 PM  
1 vote:
img46.imageshack.us
2013-05-22 07:41:38 PM  
1 vote:
Like I tell my friends anytime we score a run, point, TD, et al in whatever sport you're playing:

"We scored a point? It was flawless technique."
2013-05-22 07:37:02 PM  
1 vote:

pxsteel: what do you not believe in my post


That all we need is just one more tax cut and we'll be drowning in jobs.
2013-05-22 07:31:13 PM  
1 vote:
That was not up to the usually high standards I have come to expect from Ezra Klein.
2013-05-22 07:30:48 PM  
1 vote:

pxsteel: Offer them a 10% tax rate, the CEO's of HP and Dell and Micro-semi have said they would return if you we did.


media.comicvine.com
2013-05-22 07:27:30 PM  
1 vote:

HeartBurnKid: You mean short-term deficit reduction isn't the be-all end-all of good governance?  Well, knock me down with a feather.


BUTBUTBUT HYPERINFLATION AND FIAT CURRENCY AND DEBT SLAVERY AND BLACK PRESIDENT
2013-05-22 07:26:51 PM  
1 vote:
Use the power of mental thinking! Make it dynamic!
2013-05-22 07:25:19 PM  
1 vote:
Let me guess. We need to cut taxes for the rich. Right?
2013-05-22 07:16:42 PM  
1 vote:
Don't be cajoled by the deficit hawks into thinking it has to drop because if we don't OMGCATASTROPHE! Deficit spending is necessary to fix the actual economic problems the US faces. Federal debt is not one of those problems. When Cheney said "Reagan proved deficits don't matter," he wasn't just being his normal evil Dick self. It's true. So don't let the economic right wingers win the argument through their normal hysteria.
2013-05-22 07:16:02 PM  
1 vote:
In my experience, if it pisses of Republicans its probably the RIGHT thing to do.
2013-05-22 06:55:41 PM  
1 vote:
1. Cut the military spending. Significantly.
2013-05-22 06:51:09 PM  
1 vote:
So what he's saying is that we should cut taxes?
2013-05-22 06:46:49 PM  
1 vote:

BarkingUnicorn: Goddamit, they still haven't fixed the Y-axis on this farking chart!   The deficit is not nearly 80% of GDP now!

[www.washingtonpost.com image 850x459]


Oh, you know what? It says "held by the public." Ok.
2013-05-22 06:37:55 PM  
1 vote:

fusillade762: We're gonna have this Keynes vs Friedman argument again, aren't we?


Friedman : Economics :: Astrologers : Astronomy

/they both managed to discover a few things while they were bullshiatting their way through life
2013-05-22 06:37:21 PM  
1 vote:
1percentblog.com
2013-05-22 06:27:45 PM  
1 vote:
This is what I am getting from the comments after the article...

The so called president is bla, so everything is wrong. Nothing can possibly go right when we have bla in the WHITE House. Bring back America, put an old rich WHITE guy back in the WHITE House.
2013-05-22 06:21:06 PM  
1 vote:
Who cares if millions of people are out of work and suffering? Our 80 year time horizon improved in a totally unreliable way!
 
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