jamesaguilar

257 ms·

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by jamesaguilar 16y ago
> And almost all of those non-Keynesians [perhaps a better term would be anti-Keynesians] are wrong. Hmm, you seem to be claiming a either conclusive proof that Keynesianism is correct or disproof of Monetarism, new classical macroecono
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by jamesaguilar 16y ago
It's OK. I sometimes get riled up about politics too. I agree, to spend is to tax. But to spend even more is to tax even more. I'm sure additional stimulus dollars would be money far better spent than the money we have spent burning Iraq an
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by jamesaguilar 16y ago
That was unnecessarily rude. What I've written is far from trolling, and it's irresponsible and uncharitable of you to call it that. If you mean this [1], I have read the Krugman article on the stimulus' size. I'm sure Mr. Krugman's analyse
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by jamesaguilar 16y ago
Of course I have heard the contention that people are not able to buy things because their incomes are lower than they need to be. I'm saying that is a symptom, not a cause, of the current problems with our economy, and I have not seen it d
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by jamesaguilar 16y ago
I know that people not having money to spend is an ongoing symptom of the problem with our economy. If it were true giving poor people $N thousand would fix our problems, I would support that move. But I haven't seen a credible argument to
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by jamesaguilar 16y ago
Look, I see what you are trying to say. But I don't think anyone knows exactly what the problem with the economy is, and if they did, I would not expect to hear about it for the first time in a comment on hacker news. The average person n
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by jamesaguilar 16y ago
A few problems with your analysis. - Money that is "socked away" in savings accounts or investment portfolios reenters the economy through lending or through decreasing cost of capital for businesses. - It is inherently better for Mankiw to
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by jamesaguilar 16y ago
I understand the feeling, it's one articulated by people around the world every day. But look at the commonalities between the things she mentions as real problems. What is the shared thread? They're all about people who can't afford certai