nadinbrzezinski (1000+ posts) Tue Aug-02-11 06:39 PM
Original message
I have a very serious question RE: Austerity
Outside of the word, do people defending this bill understand what it does, and how it slows down an economy?
I mean I am asking this in the geratest sincerity there is. The last time we tried any of this crap was during actually... FDR's presidency, when the GOP made the exact same arguments and got one in 1937. The next to last was under Hoover... and it made things far, FAR, worst.
I am really not going to bother explaining how this is bad. I think people should go research it. Yes, it is far preferable than a default... but not by much. But really, people should go research this, and why Austerity Programs never grow up economies. I used to explain things, but I have concluded this is one of those things that people will have to live through... and the lean times... they are really coming.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1647209#1647370Know-it-all nadin used to explain things, but her explanations were so often comically wrong, she has apparently stopped.
This was a parenteral decision, because in her original attempt at explanation, "Austerity" was a country in Central Europe.
Ruby the Liberal (1000+ posts) Tue Aug-02-11 06:55 PM
Response to Original message
3. Wall Street already registered their opinion of Austerity today.
nadinbrzezinski (1000+ posts) Tue Aug-02-11 06:57 PM
Response to Reply #3
4. I know they did, but those are the few people who get it
mostly it will directly impact them. No, I am not too upset Raytheon will get hit... but they will fire people... who will not be able to buy stuff... and so it goes.
Wait! How did Raytheon get into this thread? I read the other day that their second quarter profit beat expectations by a significant margin, and they're going great guns. Somehow, they got on nutcase nadin's mind. Nutcase doesn't work, so it couldn't be a matter of job security.
nc4bo (1000+ posts) Tue Aug-02-11 07:07 PM
Response to Original message
6. If people have been paying attention to countries like Greece AND perhaps if our M$M
were to call the spade a spade (austerity) than perhaps more people would begin to put 2 and 2 together.
Wikipedia has now listed the United States, 2011 under the paragraph titled "Examples of Austerity".
Alert! Alert! Alert! Racist alert! This is worse than the niggardly reneging on the debt ceiling.
DUmmy ncnumberbo wants to start calling the spade a spade!
This is as bad as numbersBravo calling the jug-eared Kenyan the "n" word!
This is outrageous!
nadinbrzezinski (1000+ posts) Tue Aug-02-11 07:37 PM
Response to Reply #9
11. Notice something else, when was the last time it was seriously
tried? The 1930s. Most people alive today, I'd hazard... have no memory of it. (At least in the US... those of us who have seen this in the developing world know why it is to fear it)
Know-it-all nadin is so much wiser than a bunch of stupid Murkins.
nadinbrzezinski (1000+ posts) Tue Aug-02-11 08:03 PM
Response to Reply #14
16. Third Way Democrats believe in it as much as
Republicans and they are bringing to the US what smells like an IMF light program.
nashville_brook (1000+ posts) Tue Aug-02-11 07:37 PM
Response to Original message
12. Wall St and the pols representing Wall St think "austerity" is their ticket to total privatization
drown it in the bathtub, etc etc.
Obama and the Dems who voted for this negotiated the deal THEY wanted. it wasn't a matter of weakness, and the proof of this will come as their fundraising numbers are revealed. dollars to donuts, Obama will out-raise the rest of the field. they'll reward him for supporting their position.
nadinbrzezinski (1000+ posts) Tue Aug-02-11 07:44 PM
Response to Reply #12
13. Yep, there is that, but I fear brass tacks to brass tacks
though we are using the same language, we are not. And many of the fans of this really do not understand what the term means. Remember, the last time it was tried it was also used to privatize the little public property that was there.
Nadin has coined a brand new idiom (I guaran-damn-tee you, she is googling "idiom" as we speak). Not halfway new, that would be "apples to brass tacks", but fully, 100% new. She has used her staggering imagination to "make down" a new figure of "speach".
I wonder if she works at it, or if sounding like a cross between Ricky Ricardo and Charo just comes naturally. (I guaran-damn-tee you, she doesn't have to google Charo.)
