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Icelandic Recovery

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Posted

but if both are getting u/e it is relative.

wait so you saw "welfare stimulates the economy" and went with "well why don't we all go on welfare huh"

this is about as dumb as "oh you want higher taxes well why don't you go write a check to the IRS"

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Posted

Hey, out of curiosity. Why the fug was my earlier post deleted from this thread?

I fat fingered the next page button and I hit delete by accident

Mobile dunce

Sorry

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Posted

dude. if you are going to say BOTH in the context of u/e what am i going to say? if EITHER gets u/e, the rich or poor, for that person it's relative.

but i will think like you for the sake of the thread. if a poor guy is getting u/e, because he is poor he just has to get u/e, the rich guy who is NOT getting u/e will proly save more money? right? well of course Horatio. he will.

wow. all those cans of Spite start to add up where you don't even know what you are debating. you just have to debate for the sake of argument.

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Posted

I fat fingered the next page button and I hit delete by accident

Mobile dunce

Sorry

Ahh. I was just wondering, I didn't think there was anything particularly offensive in it.

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Posted

i'm not debating anything. it's well established that welfare stimulates the economy.

in response to your post here:

There was some congressman saying here how unemployment was a good investment because of someone being able to buy

i said that welfare actually does stimulate the economy. unemployment is welfare. providing welfare for poor people has a stimulatory effect

again, not debating. this is established.

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Posted

k

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Posted

.

And instead of rushing into the sort of spending cuts that have ravaged Greece and Spain, Iceland delayed austerity. Initially, the country even increased social-welfare payments to its poorest citizens, whose continued spending helped cushion the economy.

Trickle up economics!

.

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Posted

Wait, so they didn't spend money (that they didn't have) to bail out banks (and auto manufacturing/unions), and that was a smart move.....

You don't say?

Any numbers in there about where they got the money to pay their poorest citizens that money?

Devaluing the currency by 25% sounds awesome.

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Posted

Bjork can save economies.

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Posted

Wait, so they didn't spend money (that they didn't have) to bail out banks (and auto manufacturing/unions), and that was a smart move.....

You don't say?

Any numbers in there about where they got the money to pay their poorest citizens that money?

They probably borrowed it to be paid back when times were better (like now).

When your economy is down, it's best to be running at a deficit providing that debt is not largely foreign.

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Posted

They probably borrowed it to be paid back when times were better (like now).

When your economy is down, it's best to be running at a deficit providing that debt is not largely foreign.

You and I will most likely always disagree about the borrowing of monies, I get that.

Running a deficit is always stupid, IMO. Running a deficit and hoping things get better down the road seems like a disaster plan. Much like the road the US is going down.

Again though, any hard data on exactly who got that money? How much it was? Etc....

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Posted

It's funny how Americans are made to believe that they are beholden to paying this huge deficit that was created by a couple people who think they own everything and everybody. When it's time to pay up they're not so rich anymore and the tax payer pays for lunch again and again. I read a couple articles that said the taxpayers are only responsible for 2 trillion of the 16 trillion deficit. The same gang wants you running around crazy over this " fiscal cliff". Yeah, right.

If they would have bailed out the taxpayers there wouldn't still be a recession. They know that. Iceland apparently has balls while the lawyer/banker class has Americans balls in a vice grip. Everything is about money here. Morality and common sense have no place in such an environment especially when the population is predisposed to being ruled and owned like sheep.

The founders would be ashamed.

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