It's The Economy, Stupid! - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**JackieC** · 09-12-2011, 02:34 AM

Truer words have never been spoken. Fix the economy and most everything else fixes itself. So I've been looking into some numbers this morning. Economics is not an exact science, but I'll use generally accepted formulas here.

Mainstream economists use the multiplier effect to determine the usefulness of economic programs. The highest multiplier I have seen is food stamps, which purportedly creates $1.71 for every $1.00 spent. Mainstream (liberal) economists tell us we're fools not to massively increase the food stamp program. We're basically throwing money away!

Now, of course, that claim is ridiculous in and of itself, but in doing some research I've found another economic multiplier effect that you all might find interesting...

It turns out that exploration and drilling operations in the oil and gas industries create $1.80 to $1.90 of economic activity for every $1.00 spent. And the money that is spent is private money! It costs taxpayers nothing at all!

Liberals are constantly bitching about all the cash on the sidelines. There is reportedly $2 trillion in cash not being actively invested in the economy. Well, get out of the way of that money! What the hell? This is not rocket science. The problem is the ideology of the left. They cannot fix the economy, because they cannot give up on their utopian ideals. They cannot submit to practicality and pragmatism. If there is a "party of no", it is most certainly the Democrats. No drilling! No meaningful tax reform! No end to deficit spending! No easing of regulations!

I've heard it suggested that the hard left wants to destroy the economy. I don't know if that is true or not, but they are destroying it, nonetheless. They either do not have the knowledge, or (more likely) do not have the will to do the right thing and open up the free market and let it do it's magic. Expect no economic turnaround until these people are gone from power. The free market is anathema to them, and therefore so is prosperity.

**Opperioav** · 09-12-2011, 02:59 AM

Is It Really ??

Maybe It's About Oblama As President

Oblahma, First Nigger That Does Nothing For Niggers

Oblahma For It's Own Sake

**f29sXS07** · 09-12-2011, 03:07 AM

It's The Economy, Stupid
And What Does A Self-Proclaimed Marxist, And Colledge Academic Done Nothings Prepose To Fix This ??
They Will Profess, And Presto !! Reality Will Change To Fit Their Marxist Views

You Got, Like You Say Obama, 14 More Months

And Then The Economy, And America
Turns Around

**berdyanskdotsu** · 09-12-2011, 03:34 AM

Mainstream economists use the multiplier effect to determine the usefulness of economic programs. The highest multiplier I have seen is food stamps, which purportedly creates $1.71 for every $1.00 spent. Mainstream (liberal) economists tell us we're fools not to massively increase the food stamp program. We're basically throwing money away! We should be in fat city by nao.. there's more people on food stamps than ever.

**vansVoish** · 09-12-2011, 03:38 AM

~~~~~~~~~~~~~~~~~~~~~~~~~
I HAVE AN IDEA THAT OIL & GAS ADD A WHOLE

LOT MORE WEALTH PER DOLLAR INVESTED THAN THAT.

PROBABLY MORE TAX BASE THAN THAT, TOO....

**meteeratymn** · 09-12-2011, 05:05 AM

What Ever That Means

America Has Obese Poor
Make Them Loose Some Weight
Think I'll Be Marching With Them ??

Sorry, I Have To Go To Work So I Can Pay My Bills
And Start Socking Back As Much As I Can, Because I Can't Punch A Time Clock Forever
Seriously, I Can't Rely On Employment Forever
I Need Pigs, Cattle Or Something

Maybe Some Goats

**lLianneForbess** · 09-12-2011, 05:27 AM

~~~~~~~~~~~~~~~~~~~~~~~~~
IT'S CRIMINAL HOW THE GOVERNMENT INFLATES THE MONEY.

**JulieSmithXIV** · 09-17-2011, 02:46 AM

But NO Indictments
Not A Single One

SHOW ME !!
...Missouri

**SHaEFU0i** · 09-17-2011, 04:49 AM

We Have A Lunatic Czar Admin.
'Economy, Stupid' Means Squat

**Alexeryy** · 09-17-2011, 04:50 AM

The right doesn't have a solution...
Neither does the left...

Either the population declines or massive job growth occurs on a scale never before seen !

Tax cuts, losing regs !
Cutting govt spending, increasing revenue, stimulus... useless!

We need an economic boom and thats not on the horizon.

**rhybrisee** · 09-17-2011, 05:40 AM

Tax cuts, losing regs !
Cutting govt spending, increasing revenue, stimulus... useless!

I Disagree
STOP GOV'T SPENDING !!
There Is No Such Thing As A Spending Cut. NO SUCH THING

Only The Defence And NASA Gets Diverted
NO SUCH THING AS A SPENDING CUT !!
NO SUCH THING !!

**xsVfF9Em** · 09-17-2011, 06:57 AM

The right doesn't have a solution...
Neither does the left...

Either the population declines or massive job growth occurs on a scale never before seen !

Tax cuts, losing regs !
Cutting govt spending, increasing revenue, stimulus... useless!

We need an economic boom and thats not on the horizon.

Unfortunately I agree with you.

**secondmertg** · 09-17-2011, 07:54 AM

I Disagree
STOP GOV'T SPENDING !!

Will that create jobs in the short term in say 1-5 years ?
Will it reduce the 15 trillion dollar debt we are approaching...

Sure, the spending needs to stop...

But we wont be seeing job creation on the scale that is needed...
Its something the federal Government cant and wont get a handle on !

Because the federal government cant create enough jobs, it cant coax them back from overseas...
And for people who are still working , it cant force pay increase's that are needed !

Its a myth, a lie ,a fallacy...
Obama, Perry,

... they dont have the solution !

We are in bigger trouble then the media or the govt is letting on.

**statistica** · 09-17-2011, 03:14 PM

Will that create jobs in the short term in say 1-5 years ?
Will it reduce the 15 trillion dollar debt we are approaching...

Sure, the spending needs to stop...

But we wont be seeing job creation on the scale that is needed...
Its something the federal Government cant and wont get a handle on !

Because the federal government cant create enough jobs, it cant coax them back from overseas...
And for people who are still working , it cant force pay increase's that are needed !

Its a myth, a lie ,a fallacy...
Obama, Perry, ... they dont have the solution !

We are in bigger trouble then the media or the govt is letting on.

Don't be such a pessimist. Hell, it was only a few years ago we had pretty much full employment.

The government is stifling job creation by it's over-regulation. In two ways. If you take energy as an example, we are not exploring and extracting all of our energy resources, which would create jobs, and since we are not extracting, the price of energy is higher, which leaves less money in the pockets of Americans to buy other things that would create jobs. Using food as fuel hurts in the same way. Now food is more expensive, too.

We could drop the price of food and energy, our two key necessities, dramatically.

**Anamehuskeene** · 09-17-2011, 03:23 PM

Don't be such a pessimist. Hell, it was only a few years ago we had pretty much full employment.

The government is stifling job creation by it's over-regulation. In two ways. If you take energy as an example, we are not exploring and extracting all of our energy resources, which would create jobs, and since we are not extracting, the price of energy is higher, which leaves less money in the pockets of Americans to buy other things that would create jobs. Using food as fuel hurts in the same way. Now food is more expensive, too.

We could drop the price of food and energy, our two key necessities, dramatically.

How do you drop the price of food?
Subsidize the farmers? The distributors?

How do you drop the price of energy?
By fiat?

**EarnestKS** · 09-17-2011, 09:42 PM

How do you drop the price of food?
Subsidize the farmers? The distributors?

How do you drop the price of energy?
By fiat?

Well, by dropping the cost of transportation.That reduces costs of products across the board.
Domestic extraction of new fuel and energy sources is needed but I dont see that happening on the scale needed.
Even with the Right wing in full control !

Tha magic number being thrown around, to dent unemployment was a around 230,000 jobs created every month...
Does anyone see that happening with Republicans in full control...?

I dont...
I dont see the manufacturing sector or new commercial/home construction taking off...

Thats very problematic.

**RildFiemodo** · 09-17-2011, 09:43 PM

How do you drop the price of food?
Subsidize the farmers? The distributors?

How do you drop the price of energy?
By fiat?

No. By an increase in supply, in both cases. Which will occur naturally, if we deregulate.

**BuyNetHosting** · 09-17-2011, 11:02 PM

No. By an increase in supply, in both cases. Which will occur naturally, if we deregulate.

In a timely fashion ?

I seriously doubt...

09-12-2011, 02:34 AM	#1
JackieC Join Date Oct 2005 Posts 416 Senior Member	It's The Economy, Stupid! Truer words have never been spoken. Fix the economy and most everything else fixes itself. So I've been looking into some numbers this morning. Economics is not an exact science, but I'll use generally accepted formulas here. Mainstream economists use the multiplier effect to determine the usefulness of economic programs. The highest multiplier I have seen is food stamps, which purportedly creates $1.71 for every $1.00 spent. Mainstream (liberal) economists tell us we're fools not to massively increase the food stamp program. We're basically throwing money away! Now, of course, that claim is ridiculous in and of itself, but in doing some research I've found another economic multiplier effect that you all might find interesting... It turns out that exploration and drilling operations in the oil and gas industries create $1.80 to $1.90 of economic activity for every $1.00 spent. And the money that is spent is private money! It costs taxpayers nothing at all! Liberals are constantly bitching about all the cash on the sidelines. There is reportedly $2 trillion in cash not being actively invested in the economy. Well, get out of the way of that money! What the hell? This is not rocket science. The problem is the ideology of the left. They cannot fix the economy, because they cannot give up on their utopian ideals. They cannot submit to practicality and pragmatism. If there is a "party of no", it is most certainly the Democrats. No drilling! No meaningful tax reform! No end to deficit spending! No easing of regulations! I've heard it suggested that the hard left wants to destroy the economy. I don't know if that is true or not, but they are destroying it, nonetheless. They either do not have the knowledge, or (more likely) do not have the will to do the right thing and open up the free market and let it do it's magic. Expect no economic turnaround until these people are gone from power. The free market is anathema to them, and therefore so is prosperity. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 02:59 AM	#2
Opperioav Join Date Oct 2005 Posts 381 Senior Member	Is It Really ?? Maybe It's About Oblama As President Oblahma, First Nigger That Does Nothing For Niggers Oblahma For It's Own Sake Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 03:07 AM	#3
f29sXS07 Join Date Oct 2005 Posts 464 Senior Member	It's The Economy, Stupid And What Does A Self-Proclaimed Marxist, And Colledge Academic Done Nothings Prepose To Fix This ?? They Will Profess, And Presto !! Reality Will Change To Fit Their Marxist Views You Got, Like You Say Obama, 14 More Months And Then The Economy, And America Turns Around Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 03:34 AM	#4
berdyanskdotsu Join Date Oct 2005 Posts 428 Senior Member	Mainstream economists use the multiplier effect to determine the usefulness of economic programs. The highest multiplier I have seen is food stamps, which purportedly creates $1.71 for every $1.00 spent. Mainstream (liberal) economists tell us we're fools not to massively increase the food stamp program. We're basically throwing money away! We should be in fat city by nao.. there's more people on food stamps than ever. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 03:38 AM	#5
vansVoish Join Date Oct 2005 Posts 500 Senior Member	~~~~~~~~~~~~~~~~~~~~~~~~~ I HAVE AN IDEA THAT OIL & GAS ADD A WHOLE LOT MORE WEALTH PER DOLLAR INVESTED THAN THAT. PROBABLY MORE TAX BASE THAN THAT, TOO.... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 05:05 AM	#6
meteeratymn Join Date Oct 2005 Posts 503 Senior Member	What Ever That Means America Has Obese Poor Make Them Loose Some Weight Think I'll Be Marching With Them ?? Sorry, I Have To Go To Work So I Can Pay My Bills And Start Socking Back As Much As I Can, Because I Can't Punch A Time Clock Forever Seriously, I Can't Rely On Employment Forever I Need Pigs, Cattle Or Something Maybe Some Goats Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-12-2011, 05:27 AM	#7
lLianneForbess Join Date Oct 2005 Posts 446 Senior Member	~~~~~~~~~~~~~~~~~~~~~~~~~ IT'S CRIMINAL HOW THE GOVERNMENT INFLATES THE MONEY. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 02:46 AM	#8
JulieSmithXIV Join Date Oct 2005 Posts 529 Senior Member	But NO Indictments Not A Single One SHOW ME !! ...Missouri Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 04:49 AM	#9
SHaEFU0i Join Date Oct 2005 Posts 426 Senior Member	We Have A Lunatic Czar Admin. 'Economy, Stupid' Means Squat Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 04:50 AM	#10
Alexeryy Join Date Oct 2005 Posts 504 Senior Member	The right doesn't have a solution... Neither does the left... Either the population declines or massive job growth occurs on a scale never before seen ! Tax cuts, losing regs ! Cutting govt spending, increasing revenue, stimulus... useless! We need an economic boom and thats not on the horizon. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 05:40 AM	#11
rhybrisee Join Date Nov 2005 Posts 398 Senior Member	Tax cuts, losing regs ! Cutting govt spending, increasing revenue, stimulus... useless! I Disagree STOP GOV'T SPENDING !! There Is No Such Thing As A Spending Cut. NO SUCH THING Only The Defence And NASA Gets Diverted NO SUCH THING AS A SPENDING CUT !! NO SUCH THING !! Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 06:57 AM	#12
xsVfF9Em Join Date Oct 2005 Posts 439 Senior Member	The right doesn't have a solution... Neither does the left... Either the population declines or massive job growth occurs on a scale never before seen ! Tax cuts, losing regs ! Cutting govt spending, increasing revenue, stimulus... useless! We need an economic boom and thats not on the horizon. Unfortunately I agree with you. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 07:54 AM	#13
secondmertg Join Date Oct 2005 Posts 514 Senior Member	I Disagree STOP GOV'T SPENDING !! Will that create jobs in the short term in say 1-5 years ? Will it reduce the 15 trillion dollar debt we are approaching... Sure, the spending needs to stop... But we wont be seeing job creation on the scale that is needed... Its something the federal Government cant and wont get a handle on ! Because the federal government cant create enough jobs, it cant coax them back from overseas... And for people who are still working , it cant force pay increase's that are needed ! Its a myth, a lie ,a fallacy... Obama, Perry, ... they dont have the solution ! We are in bigger trouble then the media or the govt is letting on. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 03:14 PM	#14
statistica Join Date Oct 2005 Posts 411 Senior Member	Will that create jobs in the short term in say 1-5 years ? Will it reduce the 15 trillion dollar debt we are approaching... Sure, the spending needs to stop... But we wont be seeing job creation on the scale that is needed... Its something the federal Government cant and wont get a handle on ! Because the federal government cant create enough jobs, it cant coax them back from overseas... And for people who are still working , it cant force pay increase's that are needed ! Its a myth, a lie ,a fallacy... Obama, Perry, ... they dont have the solution ! We are in bigger trouble then the media or the govt is letting on. Don't be such a pessimist. Hell, it was only a few years ago we had pretty much full employment. The government is stifling job creation by it's over-regulation. In two ways. If you take energy as an example, we are not exploring and extracting all of our energy resources, which would create jobs, and since we are not extracting, the price of energy is higher, which leaves less money in the pockets of Americans to buy other things that would create jobs. Using food as fuel hurts in the same way. Now food is more expensive, too. We could drop the price of food and energy, our two key necessities, dramatically. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 03:23 PM	#15
Anamehuskeene Join Date Oct 2005 Posts 432 Senior Member	Don't be such a pessimist. Hell, it was only a few years ago we had pretty much full employment. The government is stifling job creation by it's over-regulation. In two ways. If you take energy as an example, we are not exploring and extracting all of our energy resources, which would create jobs, and since we are not extracting, the price of energy is higher, which leaves less money in the pockets of Americans to buy other things that would create jobs. Using food as fuel hurts in the same way. Now food is more expensive, too. We could drop the price of food and energy, our two key necessities, dramatically. How do you drop the price of food? Subsidize the farmers? The distributors? How do you drop the price of energy? By fiat? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

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09-17-2011, 09:42 PM	#16
EarnestKS Join Date Oct 2005 Posts 525 Senior Member	How do you drop the price of food? Subsidize the farmers? The distributors? How do you drop the price of energy? By fiat? Well, by dropping the cost of transportation.That reduces costs of products across the board. Domestic extraction of new fuel and energy sources is needed but I dont see that happening on the scale needed. Even with the Right wing in full control ! Tha magic number being thrown around, to dent unemployment was a around 230,000 jobs created every month... Does anyone see that happening with Republicans in full control...? I dont... I dont see the manufacturing sector or new commercial/home construction taking off... Thats very problematic. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 09:43 PM	#17
RildFiemodo Join Date Oct 2005 Posts 438 Senior Member	How do you drop the price of food? Subsidize the farmers? The distributors? How do you drop the price of energy? By fiat? No. By an increase in supply, in both cases. Which will occur naturally, if we deregulate. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-17-2011, 11:02 PM	#18
BuyNetHosting Join Date Oct 2005 Posts 359 Senior Member	No. By an increase in supply, in both cases. Which will occur naturally, if we deregulate. In a timely fashion ? I seriously doubt... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote