Are we on the cusp of an

Discussion in 'West Mall' started by Bevo Incognito, Jan 6, 2013.

  1. Bevo Incognito

    Bevo Incognito 5,000+ Posts

    Despite all of the doom-and-gloom about the economy (much of which I've shared), Chief Vanguard Economist Joe Davis, PHD, believes that overall macroeconomic future is bright and that we may very well be at the edge of a transformation on par with that of the industrial revolution. He's a very smart guy and this is pretty interesting:


    The Link
     
  2. Mr. Deez

    Mr. Deez 10,000+ Posts

    The link isn't working.
     
  3. zork

    zork 2,500+ Posts

  4. Larry T. Spider

    Larry T. Spider 1,000+ Posts


     
  5. pasotex

    pasotex 2,500+ Posts

    I agree with that take.
     
  6. wewokahorn

    wewokahorn 250+ Posts


     
  7. Sangre Naranjada

    Sangre Naranjada Winebibber

    I'm on board with 17/17.
     
  8. pasotex

    pasotex 2,500+ Posts


     
  9. Uninformed

    Uninformed 5,000+ Posts


     
  10. BrntOrngStmpeDe

    BrntOrngStmpeDe 1,000+ Posts

    Agreed. It's time to take a stand on expenditures. It will be painful but GOP needs to take the next showdown all the way. Obviously, they'll still have to fight the 'defenders of the rich' label but it will carry less weight IMO come March.

    But they will have to show up with some 'loophole closing' recomendations at the same time. And it will go a long way if they figure out what defense cuts they are willing to accept and get out in front on it. It will blunt criticism of their usual proclivity to protect defense industry.

    If the GOP wants to have credibility in the budget debate they can't look like they were forced into defense cuts but more like they did a complete and conscientous review and found the pork that was there.
     
  11. SomeMildLanguage

    SomeMildLanguage 500+ Posts

    "Austerity" (or, what is called austerity) in most European countries right now means more stimulus spending than ever and punitive taxation.

    Why Austerity Works and Stimulus Doesn’t

    Latvia is growing faster than any other European country, after following the path of actual spending austerity.
     
  12. hornpharmd

    hornpharmd 5,000+ Posts

    I don't think the payroll tax increases are going to help the economy. not at all.
     
  13. Mr. Deez

    Mr. Deez 10,000+ Posts


     
  14. HornHuskerDad

    HornHuskerDad 5,000+ Posts


     
  15. Sangre Naranjada

    Sangre Naranjada Winebibber

    It's time to do away with about 50% of the alphabet soup agencies, and cut the federal workforce by the same.
     
  16. Hookem123

    Hookem123 1,000+ Posts


     

Share This Page