Comments on: Budget: Baby Terminator http://keithhennessey.com/2009/05/07/budget-baby-terminator/ Your guide to American economic policy Sun, 14 Mar 2010 16:17:34 -0400 http://wordpress.org/?v=abc hourly 1 By: пра http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-12496 пра Tue, 06 Oct 2009 14:24:08 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-12496 Я думаю что если пишеш по теме и не пишеш всякий бред, а поддерживай разговор, то ничего в этом плохого нет, что люди хотять зароботать какуюто копейку!!!
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]]> By: Economic Houdinery « The Pugnacious Irishman http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-455 Economic Houdinery « The Pugnacious Irishman Wed, 27 May 2009 04:05:00 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-455 [...] a nice lil’ graph from Keith Hennessey on who cut spending more: Obama or Bush? HT: [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('455','Economic Houdinery « The Pugnacious Irishman'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('455','Economic Houdinery « The Pugnacious Irishman','[...] a nice lil’ graph from Keith Hennessey on who cut spending more: Obama or Bush? HT: [...]'); return false;">Quote</a></div> [...] a nice lil’ graph from Keith Hennessey on who cut spending more: Obama or Bush? HT: [...]
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]]> By: Morning Conservative Reading List - May 11, 2009 - AIP Blog - American Issues Project http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-443 Morning Conservative Reading List - May 11, 2009 - AIP Blog - American Issues Project Mon, 11 May 2009 11:47:22 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-443 [...] Hennessey charts the defense and non-defense budget cuts of Presidents Bush and [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('443','Morning Conservative Reading List - May 11, 2009 - AIP Blog - American Issues Project'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('443','Morning Conservative Reading List - May 11, 2009 - AIP Blog - American Issues Project','[...] Hennessey charts the defense and non-defense budget cuts of Presidents Bush and [...]'); return false;">Quote</a></div> [...] Hennessey charts the defense and non-defense budget cuts of Presidents Bush and [...]
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]]> By: Patrick R. Sullivan http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-454 Patrick R. Sullivan Sun, 10 May 2009 00:22:38 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-454 'Even though a less skilled worker has less valuable skills, does that automatically mean they should never be able to afford a house and family, or medical care?' Not automatically, however if someone is unable to produce value to his fellow man that covers his/her consumption, then, yes. That's why we are in the current downturn. Congress, in its wisdom, several years ago decided they could pass a law and magically revoke the iron law of economics that you can't consume more than you produce. If they hadn't, we wouldn't be in the mess we're in right now.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('454','Patrick R. Sullivan'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('454','Patrick R. Sullivan','\'Even though a less skilled worker has less valuable skills, does that automatically mean they should never be able to afford a house and family, or medical care?\'\n\nNot automatically, however if someone is unable to produce value to his fellow man that covers his\/her consumption, then, yes.\n\nThat\'s why we are in the current downturn. Congress, in its wisdom, several years ago decided they could pass a law and magically revoke the iron law of economics that you can\'t consume more than you produce. If they hadn\'t, we wouldn\'t be in the mess we\'re in right now.'); return false;">Quote</a></div> ‘Even though a less skilled worker has less valuable skills, does that automatically mean they should never be able to afford a house and family, or medical care?’

Not automatically, however if someone is unable to produce value to his fellow man that covers his/her consumption, then, yes.

That’s why we are in the current downturn. Congress, in its wisdom, several years ago decided they could pass a law and magically revoke the iron law of economics that you can’t consume more than you produce. If they hadn’t, we wouldn’t be in the mess we’re in right now.

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]]> By: Who cut federal spending more, Bush or Obama? « Wintery Knight Blog http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-453 Who cut federal spending more, Bush or Obama? « Wintery Knight Blog Sat, 09 May 2009 22:02:31 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-453 [...] graphic, from Keith Hennesey, tells all: Who cut spending more? Bush or [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('453','Who cut federal spending more, Bush or Obama? « Wintery Knight Blog'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('453','Who cut federal spending more, Bush or Obama? « Wintery Knight Blog','[...] graphic, from Keith Hennesey, tells all: Who cut spending more? Bush or [...]'); return false;">Quote</a></div> [...] graphic, from Keith Hennesey, tells all: Who cut spending more? Bush or [...]
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]]> By: RedSt8r http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-3/#comment-452 RedSt8r Sat, 09 May 2009 17:55:00 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-452 Much thanks for the references. I'll give them a good read then go exercise to work off the stress.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('452','RedSt8r'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('452','RedSt8r','Much thanks for the references. I\'ll give them a good read then go exercise to work off the stress.'); return false;">Quote</a></div> Much thanks for the references. I’ll give them a good read then go exercise to work off the stress.
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]]> By: b http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-2/#comment-451 b Sat, 09 May 2009 17:07:29 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-451 Cynic, some responses…

“…turning Iraq from just another middle eastern dictatorship…”

Clearly Iraq was not just any other ME country, and it is silly to pretend otherwise. It is tiresome for all involved to have to rehash this point as the years roll by, but once more unto the breach… Iraq’s special character derives from, inter alia, Osirak, the invasion of Kuwait, war with Iran, its large oil reserves, Gulf War I, noncompliance with the armistice terms, no-fly zones (low grade mini war!), attempted assassination of Bush I, regime change as official US policy (Clinton), the de facto independent Kurdish state, crumbling UN sanctions and Oil for Food corruption, etc. In short, Iraq under Saddam was a US enemy. Iraq is no longer a US enemy.

You don’t like the war, fine–we can argue about its merits and flaws and geostrategic consequences all day–but don’t tell me it was just some other hohum country.

“Military spending terminations and reductions do not directly translate into a stronger or weaker military.”

Not in general, but specifically in Obama’s budget, they do. Strong cases can be made against specific cuts, such as the F-22, the C-17, planned shrinking of the aircraft carrier fleet, and missile defense. And there are many more.

“People are generally not paid according to their value to a business or partnership, rather, they are paid as little as is feasibly possible. I’m not saying it’s evil or good but it is reality.”

Why do you think you are describing two different things? The beauty of markets is their ability to discover price. Your pejorative phrasing (“as little as is feasibly possible”) is really just a description of this mechanism.

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]]> By: Cynic http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-2/#comment-450 Cynic Sat, 09 May 2009 01:02:52 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-450 Doesn't seem to want to post my URL links, so just the blog or blogger's names: Brad Delong (has 2, 'Grasping reality with both hands: semi-daily journal of brad delong' is more economic, 'Egregious Moderation' is more social/political), Dean Baker ('Beat the Press' discusses media, particularly newspaper coverage of economics), Marginal Revolution (comparatively moderate economically, but left of republican).<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('450','Cynic'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('450','Cynic','Doesn\'t seem to want to post my URL links, so just the blog or blogger\'s names: Brad Delong (has 2, \'Grasping reality with both hands: semi-daily journal of brad delong\' is more economic, \'Egregious Moderation\' is more social\/political), Dean Baker (\'Beat the Press\' discusses media, particularly newspaper coverage of economics), Marginal Revolution (comparatively moderate economically, but left of republican).'); return false;">Quote</a></div> Doesn’t seem to want to post my URL links, so just the blog or blogger’s names: Brad Delong (has 2, ‘Grasping reality with both hands: semi-daily journal of brad delong’ is more economic, ‘Egregious Moderation’ is more social/political), Dean Baker (‘Beat the Press’ discusses media, particularly newspaper coverage of economics), Marginal Revolution (comparatively moderate economically, but left of republican).
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]]> By: Cynic http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-2/#comment-449 Cynic Fri, 08 May 2009 22:18:08 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-449 Re, liberal economic blogs: My favorite is Brad DeLong from UC Berkley. His blog entries are generally a very partisan liberal viewpoint, not necessarily agreeing with the current administration on every issue. It also has a lot non-partisan updates following material he lectures on in his economic classes. http://delong.typepad.com/sdj/ Marginal revolution is fairly moderate, but definitely leftwards of republican views. http://www.marginalrevolution.com/marginalrevolution/ If you want more social/political viewpoints (rather than primarily economic analysis) that are from the economically inclined: Dean Baker hounds the press on its economic reporting: http://www.prospect.org/csnc/blogs/beat_the_press Delong has a politically oriented blog: http://delong.typepad.com/egregious_moderation/<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('449','Cynic'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('449','Cynic','Re, liberal economic blogs:\nMy favorite is Brad DeLong from UC Berkley. His blog entries are generally a very partisan liberal viewpoint, not necessarily agreeing with the current administration on every issue. It also has a lot non-partisan updates following material he lectures on in his economic classes.\nhttp:\/\/delong.typepad.com\/sdj\/\nMarginal revolution is fairly moderate, but definitely leftwards of republican views.\nhttp:\/\/www.marginalrevolution.com\/marginalrevolution\/\n\nIf you want more social\/political viewpoints (rather than primarily economic analysis) that are from the economically inclined:\nDean Baker hounds the press on its economic reporting:\nhttp:\/\/www.prospect.org\/csnc\/blogs\/beat_the_press\nDelong has a politically oriented blog:\nhttp:\/\/delong.typepad.com\/egregious_moderation\/'); return false;">Quote</a></div> Re, liberal economic blogs:
My favorite is Brad DeLong from UC Berkley. His blog entries are generally a very partisan liberal viewpoint, not necessarily agreeing with the current administration on every issue. It also has a lot non-partisan updates following material he lectures on in his economic classes.
http://delong.typepad.com/sdj/
Marginal revolution is fairly moderate, but definitely leftwards of republican views.
http://www.marginalrevolution.com/marginalrevolution/

If you want more social/political viewpoints (rather than primarily economic analysis) that are from the economically inclined:
Dean Baker hounds the press on its economic reporting:
http://www.prospect.org/csnc/blogs/beat_the_press
Delong has a politically oriented blog:
http://delong.typepad.com/egregious_moderation/

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]]> By: Budget Cuts: Obama vs Bush (who cares?) « RedSt8r http://keithhennessey.com/2009/05/07/budget-baby-terminator/comment-page-2/#comment-448 Budget Cuts: Obama vs Bush (who cares?) « RedSt8r Fri, 08 May 2009 21:23:17 +0000 http://keithhennessey.com/2009/05/07/budget-baby-terminator/#comment-448 [...] Cuts: Obama vs Bush (who cares?) By redst8r comment on Budget: Baby Terminator by [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('448','Budget Cuts: Obama vs Bush (who cares?) « RedSt8r'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('448','Budget Cuts: Obama vs Bush (who cares?) « RedSt8r','[...] Cuts: Obama vs Bush (who cares?) By redst8r comment on Budget: Baby Terminator by [...]'); return false;">Quote</a></div> [...] Cuts: Obama vs Bush (who cares?) By redst8r comment on Budget: Baby Terminator by [...]
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