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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:03 PM Original message |
Why We Are Moving Toward a Recessionary Era, and Why Keynes is Being Exhumed |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:09 PM Response to Original message |
1. By eliminating the American mIddle class |
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Hydra (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:58 PM Response to Reply #1 |
10. That was never the plan |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:07 PM Response to Reply #1 |
13. I say we need to bring robber baron back into the modern lexicon n/t |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:10 PM Response to Original message |
2. My only problem with this is what exactly is inflation anymore? The numbers are fudged. |
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xjymnastjme (20 posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:19 PM Response to Reply #2 |
3. pay cut?! Yep! |
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midnight (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:23 PM Response to Original message |
4. I will have to re-read this, but it seems the bottom line here is the money |
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Starry Messenger (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:36 PM Response to Original message |
5. I think even Keynes would just be a bandaid on a fatal wound. |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:50 PM Response to Reply #5 |
8. Keynes did not have so many people who had maxed out their credit |
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Starry Messenger (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:59 PM Response to Reply #8 |
11. I don't see Capitialism as a "new problem", but ok. |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:29 PM Response to Reply #11 |
18. The reason many of us are not spending is personal debt. And I |
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Starry Messenger (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:43 PM Response to Reply #18 |
21. I am broke because my wages are low |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 06:51 PM Response to Reply #21 |
28. And to that I have no answer except that corporations have opted |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 05:28 PM Response to Reply #5 |
24. The underlying problem in my view is that we have increased our capacity to produce |
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Starry Messenger (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 06:41 PM Response to Reply #24 |
27. I'm not riled. :) |
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Jkid (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:48 PM Response to Original message |
6. That's the problem right there! |
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MissMarple (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:14 PM Response to Reply #6 |
14. All the multinationals are. And the executives are making out like bandits,which, of course,they are |
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femrap (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:49 PM Response to Original message |
7. The wealthy |
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FBI_Un_Sub (610 posts) Send PM | Profile | Ignore | Sat Jun-12-10 03:56 PM Response to Original message |
9. Causative Factors |
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unblock (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:05 PM Response to Original message |
12. there's little in the economy that wouldn't benefit from a massive, keynesian works program |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:16 PM Response to Reply #12 |
15. +1000 nt |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:36 PM Response to Reply #12 |
20. Only the hedge funds and large investment houses wouldn't benefit |
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unblock (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 05:03 PM Response to Reply #20 |
22. trust me, they will find a way to make oodles. |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 05:36 PM Response to Reply #22 |
26. Yeah, they will turn the growth into a bubble and short in on the way down again |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:20 PM Response to Original message |
16. Keynes is spinning in his grave |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:27 PM Response to Reply #16 |
17. That's always seemed to make sense to me. nt |
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Warren Stupidity (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 04:33 PM Response to Original message |
19. They didn't stop inflation they cooked the books instead. |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 05:27 PM Response to Reply #19 |
23. Yes, the true inflation numbers have been hidden to obscure the decline in wages. |
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amborin (1000+ posts) Send PM | Profile | Ignore | Sat Jun-12-10 05:29 PM Response to Original message |
25. real estate is about to take another nosedive, too |
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DU AdBot (1000+ posts) | Sat May 11th 2024, 05:33 AM Response to Original message |
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