Heh.

Darn. Looks like Knut skipped out again.
And it’s such an easy question. Tsk.

Meaningless and manipulative have opposite meanings, meaning your statement says nothing if not ignorance, if I get what you’re mouthing.

Try this, meaningless as a true statement, manipulative as a false statement. Sometimes I forget to simplify things for the audience here.

There you are. Let me ask yet again… why is this a demand recession, rather than a debt recession?

and your definition of “democracy” is the 1%ers having a license to steal.

I see you and SD are still comfortable mouthing slogans that are meaningless and manipulative. Financial people are some 17% of the 1%. The rest are doctors, lawyers, manufacturers, managers, engineers, and so on.
Do either of you really think they steal. I hope not, but if you keep lumping in everyone in with the banksters, that’s what you are saying.
It seems you have a couple of choices here, keep lying or tell the truth. What’s it going to be?
http://www.nytimes.com/packages/html/newsgraphics/2012/0115-one-percent-occupations/index.html?ref=business

Interestingly, banging pots and pans was a tactic used by women in Chile to try and oust Allende. So they got Pinochet by accident. Ironic, no?

It never ceases to amaze that the right makes a point, the left’s response is often rude, crude, and socially unacceptable. I suppose when losing in the war of ideas, that’s all that’s left.

It seems you’re not getting enough sleep. Oh I see, it’s an editorial comment. Ah.
Do you disagree, or just not care – that some on the left occasionally act like terrorists?

But only one, just one has been provided with a security camera to protect the security of his sculpted visage.

Well, of course. The left has no sense of other people’s rights. What they can’t shout down they’ll attempt to physically damage.

Oh please, this isn’t democracy, it’s a collective shout of ‘Gimmee or else!’

Overall, there’s nobody arguing for the position that we need a bounce-back in the economy and that can be achieved by running a higher deficit.

Maybe that’s because deficits don’t do anything for a debt recession. What’s that new cliche… If deficits were the answer, Greece would be doing well.

This is pretty funny…

To just return to Clinton-era rates at that level locks in historically low tax rates for a large swath of wealthy people.

Translation: raising taxes to Clinton rates is still too low.

Fortunately, John Boehner is so solicitous of millionaires that he will reject this. Which means that the alternate theory, to let all the Bush tax cuts expire and then come back with a new regime…

What exactly is a “new regime”?
PS. The millionaires tax gets you a whopping $28.45 billion in 2013
http://www.cbo.gov/sites/default/files/cbofiles/attachments/s1660.pdf

The austerity of the last three years? Oh brother. Please see how Mr Dayen takes the largest deficit in the history of the US as the new normal.
http://www.thegatewaypundit.com/wp-content/uploads/2012/02/obama-deficits-20121-e1328628047873.jpg

What isn’t being said is that Eurobonds would require a central taxing authority And essentially German authority over every EU county’s finances. it would be the first step in Germany taking over the whole union.

Shooter, your display of economic ignorance sets the lower bound of understanding.

It’s hard to believe that the academic economist holding Krugman’s hand Sat. is the same foul mouthed lowbrow posing as my own personal troll today.
I’m sorry I missed the opportunity to pose questions Sat. so since you’re an acolyte of Krugman’s I’ll ask you.
I think this is a debt recession, while Krugman says this is a demand recession. If a significant amount of people’s money is tied up paying off debt, why is he saying demand is the problem? After all, wants/needs/demands are always with us, the means to pay for them aren’t.

Where in the world did you get that info?

http://www.boston.com/news/health/articles/2010/12/13/follow_up_process_lacking_in_ssi_disability_program/

The public demand can be paid for by government temporary hiring – its called stimulus.

So far we’re spending $1 trillion+ in borrowed/printed/taxed money for the last few years. Obama’s debt is larger than Bush’s for all his eight years. If you can’t move an economy on that kind of money, it’s not going to happen. In fact our deficits are larger than all the reported income for the bottom half of the country.
http://www.taxfoundation.org/taxdata/show/27235.html
This recession, like Japan’s isn’t going to end until enough debt is paid down that borrowing again looks reasonable.

Actually the job creator is public demand for goods and services

So how is the public’s demand to be paid for? In the real world, you can demand all you want but it won’t do you any good, if you don’t have a job. Heck, these days if you do have a job you’re petrified you’re going to lose it.
On the other hand we have North Dakota and their boom. Demand is soaring and it has money to feed on. Jobs are going begging.
So which attitude is preferable do you think – pessimism, or confidence?

Let me suggest that someone look at the disability aspect of SS. IIRC they are rising quickly. For instance if one has an “speech delay” (?) child one is eligible for $700/mo.

spending has a higher economic multiplier than taxes,

Neither of which come close to optimism (confidence fairy). Expectations are the determining factor in how good the economy is. If you think the future is bright one borrows and invests. If you think the future is bleak one hoards. It really is that simple.

Regarding SS, it already contributes to the deficit. A little austerity now would be better than a lot of austerity later.
http://www.ssa.gov/oact/tr/2012/II_A_highlights.html

I’m always amused by people who likely haven’t made anything useful in their entire lives, criticize business. I’m surprised our correspondent didn’t recommend using all the HP printers to spit out copies of cash, a la the Treasury.