Comments on: Will the RBA raise rates?

By: Butterfield, Bloomfeld % Bishop

Butterfield, Bloomfeld % Bishop — Wed, 28 Jul 2010 23:13:09 +0000

Evidence from Blinder and Zandi the stimulus saved the US from a depression.

I actually said the US recovery would be long and slow because the stimulus was to small, contained too much of tax cuts and too little to help states.
They are now cutting spending unlike in previpous recessions come recoveries

It is amazing how Catallaxians can try to change history with a stright face

By: .

Wed, 28 Jul 2010 23:08:50 +0000

Mankiw agrees with us. Stiglitz agress the US recovery will be long and slow.

By: Butterfield, Bloomfeld % Bishop

Butterfield, Bloomfeld % Bishop — Wed, 28 Jul 2010 22:44:35 +0000

Forrest you are first class example of a clod who does no reading on a subject and then spews ignorance out.Adam Posen has conclusively showed slow growth bred debt in Japan.
It happens everywhere.

Catallaxian crackpots love debt because their retarded theories bring no growth at all as we see in Ireland or the Baltic countries who stupidly implemented polices Catalaxians approve of.

they is why they ignore these counties.
They have to !

By: pedro

pedro — Wed, 28 Jul 2010 22:27:05 +0000

Nah, he’s the iphone 4 of spambots. The problem is how he’s gripping himself. Perhaps that also explains the blind devotion to the ALP.

By: jtfsoon

jtfsoon — Wed, 28 Jul 2010 08:14:26 +0000

Homer is obviously a Microsoft product

By: ken n

ken n — Wed, 28 Jul 2010 08:09:58 +0000

Andrew – I think it’s still in beta. A lot of work to be done.
Perhaps the bad grammar is a feature not a bug?

By: JC

JC — Wed, 28 Jul 2010 08:09:18 +0000

I guess in that bizarro world of yours rationality looks that way, Homer.

Stop botting the site.

By: Butterfield, Bloomfeld % Bishop

Butterfield, Bloomfeld % Bishop — Wed, 28 Jul 2010 08:06:59 +0000

Forest you are an idiot you will always be an idiot and thanks for showing us why

By: JC

JC — Wed, 28 Jul 2010 07:53:20 +0000

Homer;

You’re always taking Posen out of the closet whenever Japan’s disastrous decade of experimentation with Keynesian voodoo comes up. Give it up, as it isn’t working.

We know that Japan’s infrastructure spending went through the roof during that time to the extent that there’s no unpaved road or alleyway left and there are two bridges when only one is required.

Their 50 billion airport is a financial disaster.

We also know that at no time did Japan’s unemployment rate go much higher than around 5% which shows the enormous debt they accumulated wasn’t as a result of the naturally occurring stabilizers doing their work. The jobless rate simply didn’t go up far enough for that to happen.

That money was wasted on stupid projects that were only on a more massive scale than our Lurch/Rudd insulation fiasco and the Gillrudd School dunny disaster. That’s all.

They stimulated and the economy recovered but they immediately had fiscal cuts that caused a recession.
Posen has proven this easily.

Yea they stopped it because their debt position wouldn’t let them continue. Their Keynesian experiment hit a tree… A big one.

The only thing Posen has proven is that he can accumulate deadbeats like you into believing his tripe. That’s all he’s done.

All you’ve done is go shopping for a like minded idiot that agrees with your stupid view and post his name as a voice of authority. You dope. Go away and stop “botting” the site.

By: Andrew Reynolds

Andrew Reynolds — Wed, 28 Jul 2010 07:47:46 +0000

daddy dave,
A bot would attempt to follow the usual rules of grammar and syntax and would also have access to a decent dictionary, so would not make statements like, for example, “…you are confirming you had no idea of how the underlying rate would be!” (emphasis mine).
As a result, I plump for “not”, no matter how much I may disagree with him.