Comments on: Uncertainty and Confidence

By: Steve Verdon

Steve Verdon — Fri, 06 Feb 2009 17:15:12 +0000

spencer,

Try to post your comments to the correct post. Either that or don't post while drunk.

By: spencer

spencer — Fri, 06 Feb 2009 15:37:57 +0000

Of course they may be uncertain because their business is losing money hand over fist and all their employees are scared of being unemployed.

But of course in the Russ Roberts world such considerations do not exist. The private market is always perfect and anything bad is always the governments fault.

How can you take this stuff seriously?

By: spencer

spencer — Fri, 06 Feb 2009 00:13:57 +0000

I love this.

An individuals decision to invest roughly depends 99.999999% on their view of what is going to happen in the private economy.

Yet, you keep claiming that it is due to government actions.

Never look at the facts do you?

By: charles austin

charles austin — Fri, 06 Feb 2009 00:12:16 +0000

Until Matt decides to stop seeing people who disagree with him through ludicrous caricatures, "nevermind" is probably the best response.

By: Steve Verdon

Steve Verdon — Thu, 05 Feb 2009 23:41:41 +0000

Matt,

It isn't that it is spending on contraceptives, it is...oh nevermind.

By: Matt

Matt — Thu, 05 Feb 2009 23:38:41 +0000

Seriously drew you don't even know my position on the stimulus itself. The only thing you should know by now is I find your generalizations and assumptions ridiculous. Yes some of the funds would of ended up buying condoms but the majority of it wouldn't of. It was just a convenient target for the republicans to distort enough to seem like waste. Now they are aiming at supposed beekeeper millions which is a general agriculture insurance thing that most of them voted for in the years past as is..

By: Matt

Matt — Thu, 05 Feb 2009 23:33:40 +0000

So stop posting like an utter moron lest people conclude you really are a moron.

Pot Kettle Black

By: Drew

Drew — Thu, 05 Feb 2009 23:32:28 +0000

Nice try, Matt. But you have a problem:

If indeed we are facing financial calamity, then dollar one for condoms is unwarranted. So, by diminishing the level of expenditure, you identify yourself, and your position, to be that of a common whore.

By: Matt

Matt — Thu, 05 Feb 2009 23:15:14 +0000

Seriously though I gotta give props to the right wingers. No one is anywhere near as good at distorting minor things as they are. Right wingers can't govern for shit but they sure can create a shit storm by turning family planning funding (which is a tiny amount in the bill) into OMGZ TEH $300 MILLION CONDOMS!!!. Although that's old news now that we're spending OMGZ TEH MILLIONZ ON BEES!!! One distraction to the next.

By: Steve Verdon

Steve Verdon — Thu, 05 Feb 2009 23:11:55 +0000

The contraception is a good long-term thing, though.

So would putting the money into the Medicare trust fund. Sure its a drop of in the bucket, but we have a huge issue with Medicare, I don't think we have a huge issue with contraceptives.

NO Brett family planning is WRONG AND EVIL!!! Only heathen libruls rely on medical technology to ensure the healthiness of their babies since they can't rely on GOD to deliver on to them!!!

Matt, are you seriously suggesting I'm a member of the religious right? Let me run down some issues with you, so you can get a clue:

Abortion: Fine
Gay Marriage: Fine
Legalizing Drugs: Fine
Contraceptive/Family Planning: Fine
Evolution/Creation: Evolution
Prayer in School: No
Seperation of Church and State: Yes

So stop posting like an utter moron lest people conclude you really are a moron.

Charles,

Wait till they start running out of money for Medicare.

By: charles austin

charles austin — Thu, 05 Feb 2009 23:01:53 +0000

Steve, at this point I assume the fear mongering will work and some $800B+ bill is going to pass, be signed and become law. Reason and rational argument is not going to stop this train from running off the rails.

What I'm wondering now is what official Washington decides to do later this year or early next year when things haven't gotten better. The over/under on the the Son of Stimulus bill starts at $2T. Why so large? Well, we already see the compaints on trying to trim any fat off this bill, but the real clincher is that Harry and Nancy can read polls too. They will come to see that they have to grab whatever they can before the next two years are up.

By: Matt

Matt — Thu, 05 Feb 2009 22:52:18 +0000

NO Brett family planning is WRONG AND EVIL!!! Only heathen libruls rely on medical technology to ensure the healthiness of their babies since they can't rely on GOD to deliver on to them!!!

By: Brett

Brett — Thu, 05 Feb 2009 22:37:25 +0000

The contraception is a good long-term thing, though. More contraceptives potentially means fewer poor children sucking down Medicaid funds and committing crimes.

By: Steve Plunk

Steve Plunk — Thu, 05 Feb 2009 22:37:13 +0000

As business owner I know this is very true. We have all postponed investment based upon uncertainty. A recession coupled with a new liberal president gives us plenty to worry about. The tax code is already too difficult to properly plan investments, you can't "uninvest" if things go bad, and what about unstable energy prices?. There are no incentives to invest only disincentives.

How about an investment tax credit? How about promising no tax increases for a few years? How about relaxing some regulatory burdens? How about a realistic energy policy instead of the green nonsense? The first few weeks of this administration has pointed us in the exact opposite direction.

If consumer confidence is bad imagine how bad business confidence is.