The Mudcat Café TM
Thread #115883   Message #2855333
Posted By: Bobert
03-Mar-10 - 05:35 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
Yeah, I think it time to move on... Nuthin' to see here...

But the new assertion that putting money returned from TARP back into the economy as being this evil and wrong thing to do flies in the face of modern day econimic theory... Until there is a greater level of spending by the general public for a quarter then the government, Repub or Dem, would have to keep puttin' logs on the fire...

BTW, this is basic Econ 201 which is taught in both liberal and conservative colleges... It's not some crazy theory... It's bsic...

Now, of course, if it made the righties happier, the money could go back into the treasury and then reborrowed and put back into the economy but that's just accounting and probably wouldn't get quite the bang-for-the-buck since then you'd have alot more tedius work achieving the same thing...

B~