Did they doom the Obama presidency?
Neo-Keynesianism was never what it was cracked up to be. It was never really anything but an excuse for growth in government spending.
[Via Instapundit, who has the usual graphs]
Did they doom the Obama presidency?
Neo-Keynesianism was never what it was cracked up to be. It was never really anything but an excuse for growth in government spending.
[Via Instapundit, who has the usual graphs]
…by ObamaCare.
Has Al Gore’s life been completely in vain? Actually, perhaps we should thank him for his hyperbolic support of his cause — it helped us to kill it off.
More, cheaper ones is better than fewer expensive ones.
This applies to space hardware as well.
…of Obama supporters:
Let’s say that you have the ability to print your currency using your computer printer, and every merchant accepted your printouts as a valid exchange for goods and services. You need to pick up your dry cleaning? You printout a $20 bill and your cleaners hand over your garments without question. Same would be true for your mortgage, groceries, car note, etc. Your creditors even accept your printouts as payment on your debts.
Given this, how can you ever be broke? Answer, you cannot be broke. The U.S. government is not in debt simply because it can create currency to pay off the debt, and our creditors gladly accept our currency as payment on our debts. You see, the world needs our dollars because the world needs oil, and in order to buy oil, you need dollars, which means that the world needs to stockpile dollars, and that means that the U.S. can print all of the money that it wants without incurring massive hikes in interest rates to attract lenders.
This person is serious.
What do all these things have in common?
Other than electricity, they aren’t used to measure inflation. Which is little consolation to people on a fixed income, who still have to purchase them.
[Update a few minutes later]
This seems relevant to the post subject.
Why California voters should oppose Proposition 31.
Amazon proves their fraudulent nature.
The market will work, if you let it. All we have to do is to elect people who are inclined to let it.
I critique it, over at PJMedia.