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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / Jared Bernstein knifes the trope.
Post #342,745
by Another Scott
5/18/11 9:53:09 PM
Reply
New Jared Bernstein knifes the trope.
http://jaredbernstei...overnment-budget/

Heading into work the other day, I heard a Congresswoman on the radio using a common argument that always sticks in my craw—or it would if I knew what a ‘craw’ was.

Here’s the gist: “The federal budget is just like a family budget, and we in government must tight our belts and live within our means just like families do.”

There are similarities which I’ll note below, but it’s almost always used as an argument for cutting everything to the bone right away, and in that sense it’s wrong.

[...]


He says it well.

(via Steve Benen - http://www.washingto...dget_an029671.php )

Cheers,
Scott.
Post #342,755
by boxley
5/19/11 9:23:52 AM
Reply
New craw, where your gravel goes to grind your food
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
     Three Economic Things that Do Not Exist. - (Another Scott) - (35) - May 8, 2011, 02:45:15 PM EDT
         no such thing as printing too much money, got it -NT - (boxley) - (34) - May 9, 2011, 09:21:20 AM EDT
             BS - (drook) - (33) - May 9, 2011, 09:23:27 AM EDT
                 bad analogy - (boxley) - (21) - May 9, 2011, 09:32:53 AM EDT
                     Countries are different from people. - (Another Scott) - (20) - May 9, 2011, 02:59:58 PM EDT
                         Re: Countries are different from people. - (beepster) - (17) - May 9, 2011, 03:24:06 PM EDT
                             Evidence, please. - (Another Scott) - (16) - May 9, 2011, 03:56:36 PM EDT
                                 Re: Evidence, please. - (beepster) - (15) - May 9, 2011, 05:49:06 PM EDT
                                     Um, then why can the Treasury sell 10 yr notes at 3.2%??? - (Another Scott) - May 9, 2011, 06:17:04 PM EDT
                                     Selective numbers. - (Another Scott) - (13) - May 9, 2011, 08:44:37 PM EDT
                                         Re: Selective numbers. - (beepster) - (12) - May 9, 2011, 10:49:37 PM EDT
                                             You've drunk too much kool-ade. - (Another Scott) - (11) - May 9, 2011, 11:34:48 PM EDT
                                                 Re: You've drunk too much kool-ade. - (beepster) - (1) - May 10, 2011, 07:24:32 AM EDT
                                                     Heh. - (Another Scott) - May 10, 2011, 07:42:33 AM EDT
                                                 ROFLMAO - (boxley) - (8) - May 10, 2011, 07:33:39 AM EDT
                                                     Yes, the government's underfunded. - (Another Scott) - May 10, 2011, 07:46:13 AM EDT
                                                     Different flavors of kool-aid I guess - (beepster) - (6) - May 10, 2011, 11:04:07 AM EDT
                                                         You and box do realise - (jake123) - (5) - May 10, 2011, 03:10:51 PM EDT
                                                             Maybe not.. True Disbelievers are always with us - (Ashton) - May 10, 2011, 04:13:47 PM EDT
                                                             borrow and spend? hardly - (boxley) - May 10, 2011, 04:48:57 PM EDT
                                                             Bit more fundamental of an argument - (beepster) - (2) - May 10, 2011, 05:12:00 PM EDT
                                                                 Science by survey ... check -NT - (drook) - May 10, 2011, 05:30:20 PM EDT
                                                                 You'll love browsing around the GSS, then. - (Another Scott) - May 10, 2011, 05:46:44 PM EDT
                         Jared Bernstein knifes the trope. - (Another Scott) - (1) - May 18, 2011, 09:53:09 PM EDT
                             craw, where your gravel goes to grind your food -NT - (boxley) - May 19, 2011, 09:23:52 AM EDT
                 We don't have unlimited water - (beepster) - May 9, 2011, 09:34:50 AM EDT
                 better answer - (boxley) - (9) - May 9, 2011, 09:38:47 AM EDT
                     Irrelevant to current situation at zero bound. Try again? -NT - (Another Scott) - May 9, 2011, 10:21:30 AM EDT
                     Wait, you're calling stuff from the *80s* Obama's policies? - (drook) - (7) - May 9, 2011, 10:23:33 AM EDT
                         Net exports might go up!!!!1111 -NT - (Another Scott) - May 9, 2011, 10:36:09 AM EDT
                         Re: Wait, you're calling stuff from the *80s* - (boxley) - (5) - May 9, 2011, 01:14:10 PM EDT
                             80's... - (S1mon_Jester) - (1) - May 9, 2011, 01:30:05 PM EDT
                                 80s in another country trying to execute krugman's model -NT - (boxley) - May 9, 2011, 02:04:51 PM EDT
                             Where did I say give it to the already well-off? -NT - (drook) - (2) - May 9, 2011, 02:13:51 PM EDT
                                 thats what you have been doing and want more of it -NT - (boxley) - (1) - May 9, 2011, 02:21:52 PM EDT
                                     I have? I do? -NT - (drook) - May 9, 2011, 07:53:23 PM EDT

I invited her up to my place for a little midnight bait. I said, "Come on, baby. It'll only take a few minnows." She threw me that same old line: "Not tonight, I've got a haddock."
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