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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 2:42pm
	*Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately.
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 2:46pm
	*Originally posted by Lebowski* *Originally posted by dockbumper5* *Originally posted by Annie* *Originally posted by Lebowski* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It also put junk yards out of business. I have an 84 Bronco II, I get parts out of junkyards around OKC. Since CFC, I can't parts parts worth crap because all of the cars that would have been made use of were destroyed. So people like me, who pay cash for old cars and drive them instead of living beyond my means by driving cars that I have to finance for 5 years, were hurt drastically. Those of us that did not contribute at all to the problem, were hurt by those that did, so that they could continue to screw the economy up even more. I remember you speaking of that before. It was part of the 'unintended consequences' of a poorly thought through project. They failed to think of all those people who would be negatively impacted as well as the actual cost per car to support the plan. It did what is was designed to do....... Then it was a poorly designed, POS plan. And yes, I still see junkyards in business also, but not as many as there used to be. It was designed to get tight fisted consumers into dealerships and spend money. It did just that.
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boomerjake Big League Joined: 22 April 2009 Location: United States Online Status: Offline Posts: 4303	Posted: 26 July 2010 at 2:49pm
	*Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause.
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 2:51pm
	*Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes.....
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soonercntry1 Big League Joined: 10 January 2006 Location: United States Online Status: Offline Posts: 4699	Posted: 26 July 2010 at 2:57pm
	I'm a district manager for a car manufacturer, and my personal feeling is that clunkers hurt more than it helped. 4 or 5 months of consistent sales months would have been better for my stores than 45 days of killer sales, followed by 4 months of very slow traffic. of course this is just my personal opinion. One byproduct of Clunkers that is certainly bad for the consumer is that many "Buy here Pay here" types of vehicles were wiped off of the grid. This made the vehicles that were lower-end priced used cars at dealerships automatically increase in value (inflation at its finest). I have an SUV that has a trade in value $6k higher today than it did one year ago. it went from selling at Manheim auto auction for $12.9k to over $19.5k just last month. Dock, I agree that Tax Cuts stimulate the economy... but I don't feel that this administration defines them as a stand-alone "Stimulus Injection" for our economy. They may think that they are, but they'd never admit it because their platform won't allow them too.
	Buy American and support the U.S. Economy..... Buy Toyota!
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:00pm
	*Originally posted by soonercntry1* I'm a district manager for a car manufacturer, and my personal feeling is that clunkers hurt more than it helped. 4 or 5 months of consistent sales months would have been better for my stores than 45 days of killer sales, followed by 4 months of very slow traffic. of course this is just my personal opinion. One byproduct of Clunkers that is certainly bad for the consumer is that many "Buy here Pay here" types of vehicles were wiped off of the grid. This made the vehicles that were lower-end priced used cars at dealerships automatically increase in value (inflation at its finest). I have an SUV that has a trade in value $6k higher today than it did one year ago. it went from selling at Manheim auto auction for $12.9k to over $19.5k just last month. Dock, I agree that Tax Cuts stimulate the economy... but I don't feel that this administration defines them as a stand-alone "Stimulus Injection" for our economy. They may think that they are, but they'd never admit it because their platform won't allow them too. But your original statement said you had never seen fiscal stimulus work in your lifetime......The Bush tax cuts happened earlier this decade...
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boomerjake Big League Joined: 22 April 2009 Location: United States Online Status: Offline Posts: 4303	Posted: 26 July 2010 at 3:06pm
	*Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause?
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soonercntry1 Big League Joined: 10 January 2006 Location: United States Online Status: Offline Posts: 4699	Posted: 26 July 2010 at 3:07pm
	Perhaps, I should have stated that I've never seen a "Government Injection" type of stimulus work. I feel that Government Injection's are flawed by nature and cannot work for long. The other shoe always has to drop.
	Buy American and support the U.S. Economy..... Buy Toyota!
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:10pm
	*Originally posted by soonercntry1* Perhaps, I should have stated that I've never seen a "Government Injection" type of stimulus work. I feel that Government Injection's are flawed by nature and cannot work for long. The other shoe always has to drop. I am not familiar with the govt injection type of stimulus.......But I think I understand your position. Edited by dockbumper5 - 26 July 2010 at 3:11pm
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:14pm
	*Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it???
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chicagoillini Ultimate Joined: 04 January 2006 Location: Iceland Online Status: Offline Posts: 13000	Posted: 26 July 2010 at 3:21pm
	*Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits).
	MEGA DITTOS!!!!!!!
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I M GEORGE Big League Joined: 18 April 2005 Online Status: Offline Posts: 8685	Posted: 26 July 2010 at 3:22pm
	*Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits). just thought we needed another qoute!!!
	hefner No. 42/41...got beat bad
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:23pm
	*Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits). Wow, looks like you are still upset about Tiger. It will sure get ugly when your boy Pujols is outed as a PED user....
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:24pm
	*Originally posted by I M GEORGE* *Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits). just thought we needed another qoute!!!
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I M GEORGE Big League Joined: 18 April 2005 Online Status: Offline Posts: 8685	Posted: 26 July 2010 at 3:27pm
	*Originally posted by dockbumper5* *Originally posted by soonercntry1* Perhaps, I should have stated that I've never seen a "Government Injection" type of stimulus work. I feel that Government Injection's are flawed by nature and cannot work for long. The other shoe always has to drop. I am not familiar with the govt injection type of stimulus.......But I think I understand your position. wtf!!?? you dont know what that is~~ but you are for CFC ..... thats you in a nutshell. serious-- you should think b4 you type~~~~~ hell you should just think sometimes
	hefner No. 42/41...got beat bad
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chicagoillini Ultimate Joined: 04 January 2006 Location: Iceland Online Status: Offline Posts: 13000	Posted: 26 July 2010 at 3:27pm
	*Originally posted by dockbumper5* *Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits). Wow, looks like you are still upset about Tiger. It will sure get ugly when your boy Pujols is outed as a PED user.... You asked what I knew about Keynes and I told you. To use your words, "sorry you don't like the truth". It appears you like generalization/lumping with no proof (see Pujols).
	MEGA DITTOS!!!!!!!
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:30pm
	*Originally posted by I M GEORGE* *Originally posted by dockbumper5* *Originally posted by soonercntry1* Perhaps, I should have stated that I've never seen a "Government Injection" type of stimulus work. I feel that Government Injection's are flawed by nature and cannot work for long. The other shoe always has to drop. I am not familiar with the govt injection type of stimulus.......But I think I understand your position. wtf!!?? you dont know what that is~~ but you are for CFC ..... thats you in a nutshell. serious-- you should think b4 you type~~~~~ hell you should just think sometimes No, I don't know the term. Fiscal stimulus is what it is. Tax cuts, CFC, Tax rebates, tax credits, etc....all can be used as fiscal stimulus.
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boomerjake Big League Joined: 22 April 2009 Location: United States Online Status: Offline Posts: 4303	Posted: 26 July 2010 at 3:32pm
	*Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? I didn’t say his philosophy treated the cause, but rather the symptoms. The symptom is the recession, and as you has fully demonstrated here with your “fiscal stimulus is designed to make consumers NOW…,” does nothing to address long term growth. If a program boosts short-term sales, but we’re back in the same malaise in the near future, then what was the point?
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dockbumper5 Big Daddy Joined: 06 January 2010 Location: United States Online Status: Offline Posts: 2510	Posted: 26 July 2010 at 3:35pm
	*Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by chicagoillini* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by boomerjake* *Originally posted by dockbumper5* *Originally posted by Annie* Tax payers subsidized those who opted to get cars at an exorbitant price. True, people did go to the show rooms. True, car manufacturers did cut their inventory. Unfortunately, the stream of customers tailed off after the program closed. The government had a horrid design for information flow and underestimated the number of people needed to process the claims. What did they do? The dealers have to front the money and wait far too long to get their money. You can nit pick all you want, CFC certainly had it's problems but it worked. It brought tight fisted consumers into car dealers and they spent money. Sorry Annie, it worked. It only took future sales and transferred them to the present, and inefficiently at that. There has been several studies to substantiate that. Stimulus is designed to make consumers NOW....Like you stated, it did just that. No stimulus is designed to stimulate the economy with the goal of long-term growth. This only took the potential for future growth and applied it to the present. And again, at a very inefficient and costly price. Some seem to fall for any gimmick that comes along. Fiscal stimulus in a recession has no long term goal. It is very much designed to make consumers spend money immediately. That’s the problem Keynesian economics. Treat the symptoms and not the cause. Looks like you don't understand Keynes..... Please explain how this treats the cause? I said nothing about treating the cause, you did. Here is what I know about Keynes and some of his views. He believed the health of an economy will rise and fall. In the good times, govts should save money. In the bad times, govts should use fiscal stimulus with the money they saved during the good times........Tell me what you know about Keynes and his ideas on "treating the cause" as you put it??? He cheated on his wife several times....at least once with another man. And you have the gall to berate others that are fans of Tiger Woods GOLF GAME (not his personal exploits). Wow, looks like you are still upset about Tiger. It will sure get ugly when your boy Pujols is outed as a PED user.... You asked what I knew about Keynes and I told you. To use your words, "sorry you don't like the truth". It appears you like generalization/lumping with no proof (see Pujols). No, I did not ask you, I asked jake. But I don't mind you answering the question........And you are still standing up for your boy Pujols?? Does he look like the typical Dominican? Or does his body type remind you or Sosa, MGwire, Bonds, etc?? Proof has a way of coming out, Pujols will be cleared/outed soon enough......
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I M GEORGE Big League Joined: 18 April 2005 Online Status: Offline Posts: 8685	Posted: 26 July 2010 at 3:35pm
	*Originally posted by dockbumper5* *Originally posted by I M GEORGE* *Originally posted by dockbumper5* *Originally posted by soonercntry1* Perhaps, I should have stated that I've never seen a "Government Injection" type of stimulus work. I feel that Government Injection's are flawed by nature and cannot work for long. The other shoe always has to drop. I am not familiar with the govt injection type of stimulus.......But I think I understand your position. wtf!!?? you dont know what that is~~ but you are for CFC ..... thats you in a nutshell. serious-- you should think b4 you type~~~~~ hell you should just think sometimes No, I don't know the term. Fiscal stimulus is what it is. Tax cuts, CFC, Tax rebates, tax credits, etc....all can be used as fiscal stimulus. your hopeless...go back to Tiger talk
	hefner No. 42/41...got beat bad
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