tag:blogger.com,1999:blog-2761684730989137546.post7864882262488931946..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: What don't they get?? Deficits add to private savings!mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-19945586389676238422009-05-23T01:28:17.443-04:002009-05-23T01:28:17.443-04:00You are absolutely correct.
How about superimposi...You are absolutely correct.<br /><br />How about superimposing your graph on true money printing on top of this one ? it co-relates 1:1 to the personall savings level.<br /><br />If I were to do it personally by buying capital goods that let me manufacture something for sale - that would a good policy. If it is only on consumption - not good for a person.<br /><br />But we are talking about our government. They are taking dirt out of the playing field and making us play soccer in doors - functional but cumbersome.<br /><br />Even the government could have substantially if not absolutely benefitted the tax payer, yes the tax payer, by having spent the TARP and stimulus money last November when everything was dirt cheap.<br /><br />It also shows the Republicans were wrong not to tap into the National oil reserve to bring the price of oil down two years ago - the lower price of oil would have mitigated the inflation ( really speculation ) back then and enabled folks to pay their mortgage and bills !<br /><br />And then after the inevitable crunch, buy the cheap oil and replenish the national reserves.<br /><br />It applies to everything from toilet paper for army bases, to food, to all kinds of contracts - the government could have secured all the capacity which was idle to rebuild the military or the roads with the lower prices.<br /><br />However, it's all going back up - <br /><br />where's the pull back in the market ?<br /><br />it will be there when they reduce the deficit to try to make the dollar stronger.<br /><br />Only solution is to start manufacturing something(s) - regardless of cheap dollar or strong dollar.googleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-34908631260549116682009-05-22T09:52:26.670-04:002009-05-22T09:52:26.670-04:00No...Make it bigger by spending a lot. Make it big...No...Make it bigger by spending a lot. Make it bigger, BIGGER!!!mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-14710463428477877982009-05-22T09:45:44.196-04:002009-05-22T09:45:44.196-04:00Don't touch my deficit !
If I am a tax payer on t...Don't touch my deficit !<br /><br />If I am a tax payer on the hook, please don't take away my hook because I will not be able to fish !!<br /><br />on my yacht in Mar de Plata Buenos Aires that it ...googleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.com