StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (southsider2k5 @ Aug 8, 2012 -> 09:09 AM) Again http://www.usgovernmentspending.com/local_spending_2011 thanks! Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (southsider2k5 @ Aug 8, 2012 -> 10:11 AM) lol, I won't stand behind your campaign fictions, no. I will stand behind the numbers. So basically, any number that doesn't show what you like will be labeled "Campaign fiction" and ignored. Link to comment Share on other sites More sharing options...
StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (southsider2k5 @ Aug 8, 2012 -> 09:11 AM) lol, I won't stand behind your campaign fictions, no. I will stand behind the numbers. Can we all agree on a source for the numbers that we can look at in 2013 for total, actual spending in 2012? Link to comment Share on other sites More sharing options...
southsider2k5 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:13 AM) So basically, any number that doesn't show what you like will be labeled "Campaign fiction" and ignored. Just like anything you don't like will be explained away as "inflation" or something else you have denied up until this second. Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (southsider2k5 @ Aug 8, 2012 -> 10:21 AM) Just like anything you don't like will be explained away as "inflation" or something else you have denied up until this second. Really, inflation is in quotes? You reject the notion that the inflation rate should be taken into account when comparing one year's budget to the next? I'd agree you have to make a small caveat if you use it at the single-state level, but when comparing national numbers/numbers for all 50 states, adjusting for inflation year over year is the most basic, elementary step that must be taken to avoid being completely dishonest. In reality of course, we now have the smallest share of government employees/population that we've had since 1968. Federal spending has remained static relative to inflation, federal employment has started creaking downwards, and state and local governments have cut jobs and spending wholesale. But basic data steps, like "adjusting for inflation" get put in quotes, and "presidential budget submissions" get treated like a real passed budget. Because you know in your heart Obama is a socialist growing government like crazy, and that's the improtant thing. Link to comment Share on other sites More sharing options...
StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 That inflation is lurking right around the corner... Link to comment Share on other sites More sharing options...
southsider2k5 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:30 AM) Really, inflation is in quotes? You reject the notion that the inflation rate should be taken into account when comparing one year's budget to the next? I'd agree you have to make a small caveat if you use it at the single-state level, but when comparing national numbers/numbers for all 50 states, adjusting for inflation year over year is the most basic, elementary step that must be taken to avoid being completely dishonest. In reality of course, we now have the smallest share of government employees/population that we've had since 1968. Federal spending has remained static relative to inflation, federal employment has started creaking downwards, and state and local governments have cut jobs and spending wholesale. But basic data steps, like "adjusting for inflation" get put in quotes, and "presidential budget submissions" get treated like a real passed budget. Because you know in your heart Obama is a socialist growing government like crazy, and that's the improtant thing. I put it in quotes because until yesterday, you denied it even existed. Now that it is convenient, it is a huge problem that accounts for the lack of disparity in the unicorn's you keep screaming about. Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (southsider2k5 @ Aug 8, 2012 -> 10:33 AM) I put it in quotes because until yesterday, you denied it even existed. Now that it is convenient, it is a huge problem that accounts for the lack of disparity in the unicorn's you keep screaming about. Please tell me where. I've denied that high inflation was a problem, yes, because it isn't. The inflation rate is running at 1-3%. This is actually a serious problem, with unemployment over 8% it should be much higher. Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:34 AM) Please tell me where. I've denied that high inflation was a problem, yes, because it isn't. The inflation rate is running at 1-3%. This is actually a serious problem, with unemployment over 8% it should be much higher. That's because deflation may be coming, and it's holding the inflation number down... Link to comment Share on other sites More sharing options...
StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Y2HH @ Aug 8, 2012 -> 09:39 AM) That's because deflation may be coming, and it's holding the inflation number down... Probably because of over-expenditures on chicken sandwiches. Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (StrangeSox @ Aug 8, 2012 -> 09:40 AM) Probably because of over-expenditures on chicken sandwiches. Well, honestly there are number of factors...one of them being the sudden rising worth of the USD...since the EZ is crumbling, no matter how long they try to kick that can down the road, the glory era of the Euro is coming to an end...and people are starting to buy up American bills again. I believe at the height of the Euros strength, 1 american dollar was worth about .61 cents of a Euro. Just a year later (or so), it's .81. Link to comment Share on other sites More sharing options...
StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 (It was a joke about what this thread was until a few pages ago) Link to comment Share on other sites More sharing options...
southsider2k5 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:34 AM) Please tell me where. I've denied that high inflation was a problem, yes, because it isn't. The inflation rate is running at 1-3%. This is actually a serious problem, with unemployment over 8% it should be much higher. . OK, I have had enough. I quit, I can't take it anymore. Back to left-wing fantasy land, and your regularly schedule outrage of the week. Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Y2HH @ Aug 8, 2012 -> 10:43 AM) Well, honestly there are number of factors...one of them being the sudden rising worth of the USD...since the EZ is crumbling, no matter how long they try to kick that can down the road, the glory era of the Euro is coming to an end...and people are starting to buy up American bills again. I believe at the height of the Euros strength, 1 american dollar was worth about .61 cents of a Euro. Just a year later (or so), it's .81. (actually, thanks for elaborating, couldn't tell if you were making a serious argument about the possibility of deflation or attempting to reference when it actually was a possibility in 2009). If you're really going to note things that could push a deflationary threat, you should include the "Fiscal cliff" as well. Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (StrangeSox @ Aug 8, 2012 -> 09:45 AM) (It was a joke about what this thread was until a few pages ago) I knew it was a joke, but I figured I'd use the opportunity to make it look like I was taking you seriously with a serious reply. Link to comment Share on other sites More sharing options...
bmags Posted August 8, 2012 Share Posted August 8, 2012 It appears the weather is republican. Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:47 AM) (actually, thanks for elaborating, couldn't tell if you were making a serious argument about the possibility of deflation or attempting to reference when it actually was a possibility in 2009). If you're really going to note things that could push a deflationary threat, you should include the "Fiscal cliff" as well. Oh, no, it's a serious concern. Because like you pointed out, inflation should be way higher than it is...so the only logical explanation is deflationary pressure is holding that number down, which is why it's only 1-3%. Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (bmags @ Aug 8, 2012 -> 10:50 AM) It appears the weather is republican. Well, that would explain why the 2 times it rained yesterday were the 2 times I was on my bike, but I'm at a loss to see where this came from. Bleeping republican rain (shakes fist). Link to comment Share on other sites More sharing options...
Balta1701 Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Y2HH @ Aug 8, 2012 -> 10:51 AM) Oh, no, it's a serious concern. Because like you pointed out, inflation should be way higher than it is...so the only logical explanation is deflationary pressure is holding that number down, which is why it's only 1-3%. I think you misunderstood my use of the word "Should". I was using it in the sense that we should actually want inflation to be higher, not that we should fear it. I.e. the federal reserve should be targeting a higher inflation rate (greater than 4%) until unemployment drops to a reasonable amount. Link to comment Share on other sites More sharing options...
Reddy Posted August 8, 2012 Share Posted August 8, 2012 what. the f***. happened. in here? Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Balta1701 @ Aug 8, 2012 -> 09:53 AM) I think you misunderstood my use of the word "Should". I was using it in the sense that we should actually want inflation to be higher, not that we should fear it. I.e. the federal reserve should be targeting a higher inflation rate (greater than 4%) until unemployment drops to a reasonable amount. Ah, I see. But I think that number would be higher if not for outside circumstances. People that had invested in the Euro are afraid right now...and where else can they put their money? Communist Chinese money? Can't do it...not that they'd really want too. It's no secret China is a currency fixer. So they're fleeing back to the US, our 16 trillion debt be damned...it's a safer bet than anywhere else. These outside factors driving up the cost of US currency are holding inflation back big time. Link to comment Share on other sites More sharing options...
Jenksismyhero Posted August 8, 2012 Share Posted August 8, 2012 God hates the gays! (there, back to normal) Link to comment Share on other sites More sharing options...
bmags Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (Y2HH @ Aug 8, 2012 -> 02:51 PM) Oh, no, it's a serious concern. Because like you pointed out, inflation should be way higher than it is...so the only logical explanation is deflationary pressure is holding that number down, which is why it's only 1-3%. http://www.slate.com/blogs/moneybox/2012/0...irrelevant.html Link to comment Share on other sites More sharing options...
Y2HH Posted August 8, 2012 Share Posted August 8, 2012 QUOTE (bmags @ Aug 8, 2012 -> 09:57 AM) http://www.slate.com/blogs/moneybox/2012/0...irrelevant.html I'm not really sure how that's related...it's a poorly written opinion piece...of course, IMO. Link to comment Share on other sites More sharing options...
StrangeSox Posted August 8, 2012 Share Posted August 8, 2012 Yglesias is a poor writer Link to comment Share on other sites More sharing options...
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