Government parachutes and anger

Discussion in 'News / Current Events' started by Crabtownboy, Nov 3, 2010.

  1. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,622
    Likes Received:
    158
  2. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
  3. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,622
    Likes Received:
    158
    Are you including the tax cuts and the low interest rates in the disasters? Just curious.
     
  4. targus

    targus
    Expand Collapse
    New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    To be more descriptive...

    Stimulus and health reform would be anchors tied to that guys ankles - not part of the parachute.

    Income tax cuts would be the government cutting holes out of his parachute and and handing the scraps back to him.

    Low interest rates are not the result of the government - they are the result of no demand - nobody is borrowing.

    Very poor cartoon.
     
    #4 targus, Nov 3, 2010
    Last edited by a moderator: Nov 3, 2010
  5. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    Once again, basic economics.

    Look at economic growth vis a vis tax cuts. That is an economic stimulant.

    Being as you're liberal, I'll remind you whose money it is to start with: (hint--not Washington's).

    Low interest rates? I'm neither the cause or the recipient of it (I chose a different route on my home).

    I will say the following, however:

    The interest rates weren't the problem--it was the stupidity in giving loans to unqualified applicants (exacerbated by people being immature and living beyond their means--generalities of course, with exceptions).

    Of course, we could always re-elect your hero and solve the interest problems. What was it Jimmy gave us....20%?
     
  6. preachinjesus

    preachinjesus
    Expand Collapse
    Well-Known Member
    Supporter

    Joined:
    Feb 9, 2004
    Messages:
    7,406
    Likes Received:
    99
    No it doesn't.

    Targus is more on point with the observation about weights tied to the feet. Also, if one wanted to be more specific you should have two giant balloons above the guy: 1) the federal deficit and 2) student loans/personal debt that are almost ready to explode.

    Our economic picture is very, very complex. The Federal Reserve is doing what it feels necessary to stimulate growth but at some point we are going to need to drop back to 15% - 20% interest to sustain growth. The rampant inflationary trend in the US, not to mention the growing crisis in foodstuffs will all serve to stunt sustainable multi-generational growth.
     
  7. Don

    Don
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 7, 2000
    Messages:
    10,545
    Likes Received:
    208
    Interesting. The cartoon is obviously a comment about the stupidity of voters; or the cartoonist's failure to understand why the voters are angry.

    But I have to wonder: What does the falling airplane in the background, trailing smoke, represent?
     
  8. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    Chemtrails?

    For many years after WW2 mortgage interest rate was around 4%-5%. Why should it be higher?
     
  9. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    Crabby's argument?

    :eek: :D :D
     
  10. Tom Bryant

    Tom Bryant
    Expand Collapse
    Active Member

    Joined:
    Apr 13, 2006
    Messages:
    4,439
    Likes Received:
    0
    Maybe the Obama Presidency?
     
  11. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    You're probably right.

    Crabby's failing argument is better represented by a disappearing airplane. That's his MO when his argument is laid bare.
     

Share This Page

Loading...