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Posted on October 28 at 9:31 a.m.
waz -here is a good synopsis from Ezra Klein.
CommonsenseSB - Of course printing money doesn't make money worth more. It also doesn't make it worth less either. Did you put your money where your mouth is or did you miss the boat on gold? Did you predict high interest rates after QE2 and the stimulus or did you predict low ones like I did?
Also in case you didn't know there actually has been less public sector jobs since the beginning of the recession and stimulus. And more private sector jobs. But I guess facts get in the way of a good story.
On Americans Deserve Jobs Act
Posted on October 27 at 2:55 p.m.
Commonsensesb you also do not understand economics but I doubt Congresswoman Capps understands either. There is an unlimited amount of money since the Federal government is the monopoly issuer of dollars. Our children's burden is a lack of jobs and educational opportunities of the present.
Actual studies say that the stimulus saved and created jobs but was obviously not enough. The deficit and it's mathematic equivalent private sector savings is not big enough.