Comment

We're heading in the wrong direction with spending cuts

7
Bob Levin7/31/2011 1:14:12 pm PDT

re: #6 Obdicut

That’s without merit. You clearly are showing a gigantic bias against the Democrats.

That’s not how I vote, so I think you’re inferring too much.

I have no idea what your theory even is. It’s not well-formed enough to be a theory.

My theory is that bureaucracy slows down velocity, generally. There are instances when it has increased velocity. It’s well informed, but not necessarily ideological.

What about comparing private insurers to medicare/medicaid, and noting the incredibly low overhead of the latter compared to the former? Public insurance is far more efficient than private insurance. How can that be, in your one-sided view of things?

I don’t have a one-sided view of things. If your facts are correct, you just explained how it can be, better management structure.

Obama does, given how much he pushed spending like food stamps and other programs that go right back into the economy. He’s actually spent quite some time discussing this issue. As has Waxman.

Then I suggest he makes sure this gets into the headlines and does some network speeches to get this across to the public. I read the news everyday, and those notions need to make the headlines.

Not really, no. I do believe that you think that you are, but increasing government spending in a recession to increase the velocity of money is economics 101. And it’s demonstrably provable, not just with the Great Depression here in the US, but in terms of the US states that have and have not engaged in ‘austerity measures’. Those that are spending least are recovering slowest.

I did start out my comments by saying that I’m agreeing with you, precisely because of your use of key words which were compatible with velocity. Are you arguing with me on the contention that I really don’t agree with you?