Comments on: Recovery leaves too many big problems unsolved Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: bryanX Tue, 12 Jan 2010 02:37:29 +0000 i’m pretty sure jborrow was being satirical.

we’re all just waiting like numbed animals… waiting to see what new housing/currency/energy/equity/liquidity  /other shock hits us next.

By: Andymc7 Wed, 06 Jan 2010 14:34:15 +0000 I wanted to respond to the insane comment posted by jborrow above. I would like to ask this person where all of the free goods and services they expect will come from. The government yes? Well where does the government get its money? Me and You. Judging by the intelligence level of jborrow, I expect that he has little income and pays no taxes at all. Why are there food surpluses? Government subsidies. Why are there foreclosed homes? Government social programs (ie forcing, yes forcing, under the community reivestment act of 1977 banks to make loans to all types of people, even those with low income that would never, could never afford a house). Now those people are jobless and guess what, they can’t afford that house after all. But that’s ok because the government just gave an unlimited lifeline of bailout to freddie and fannie, the gse’s that securitize these crappy loans. The government created the housing bubble with social programs to try to force ‘social equity’, low interest rates, shoty regulation and shoty oversight.

About all of that coal and oil coming out of your property. Can’t you go get it yourself? You can’t can you? Guess businesses are good for something. And they employ you or your friends or others in your community and pay taxes to your government. What a bunch of jerks.

And last, free medical care. Nothing in life is free fellow civilian. You might not pay taxes but others do. Ask yourself this question, what does the government do well? What do they do efficiently? Ever been to a post office, DOT, ever heard about the way budgets work in the government? You get XX$ every year and if you don’t spend it, you lose it, so guess what happens at the end of every year? Government contractors work 18 hr days to come up with projects to spend that money so they don’t lose it – even though they didn’t need it. See the government competes with no one, they own the country and the printing press so no one can come in and produce more efficiently. That leads to high costs, poor procedures and high taxes for those who pay taxes. estimates that in 2010 (using IRS/tax foundation/tax policy center research) over 40% of the nation will pay ZERO taxes. This provides overwhelming moral hazard for idiots like jborrow to vote democrat because they pass out the goods to lower income people. Once these people receive these goods they rely on these goods and never look back as they never had to contribute even a fraction of the goods/services they receive. What jborrow doesn’t realize is that the free stuff he wants isn’t free. The people that create jobs and wealth in America (those evil business that have profit) provide efficient goods and services that jborrow uses and more importantly these people run businesses that pay his salary. So, the free things he wants, might end up costing him is job. That is if he even has/wants one.

You might think that sounds fair, they make more, they pay more, and they do. But jborrow should pay taxes as well and judging by this thought process he does not. Social equity aside lets assume the USA gets there in 20-30 years, God forbid. The USA will be handicapped economically by these programs because job and wealth creation is punished by jborrow thinkers. Ask yourself this, who will defend the world, who will look after those than can’t defend themselves, when the USA is weakened militarily since our economy is socialist minded? Do you trust China, Russia, Canada, the UK, WHO? Who will stand up to the next evil empire when the USA is weakened? If you don’t think the USA is a great place that defends the freedoms of others than get the heck out, move to Sweden and find out how much they do for other nations.

You fool, you ask for handouts and fail to look behind the scenes and see what is really going on.

By: edgyinchina Tue, 05 Jan 2010 03:35:09 +0000 Another well written article by another elitist economist, outlining all the economic problems, without offering even a hint at what should be done to correct the problem…..

Mr. Hadas should move away from being a reminder of the problems and onto a solver of the problems…..

By: voomies Mon, 04 Jan 2010 23:28:33 +0000 US housing will continue to fall in 2010 as strategic foreclosures, currently 25% of all foreclosures, rises. Why stay in a mortgage when your neighborhood is renting at 1/3 the monthly cost of your mortgage? Read a wild California forclosure story at

By: jborrow Mon, 04 Jan 2010 21:53:40 +0000 i don’t know about the rest of you, but back in the 50s i was raised to understand that high tech would eliminate the need for most of us to work!

since nafta and our government/corporate rulers have eliminated a lot of u.s. based jobs, they must understand this as well.

with the agricultural surpluses the first world runs every year, food could be free. with all of the foreclosed housing, housing (at least group–don’t be so proud–housing) could be free. since the price is dropping so fast on computer hardware, i would think all of us that want one could all have free surplus computers this year! that takes care of entertainment! finally, since all of the coal and oil that comes out of american soil belongs to us, not the corporations, it should stay here and not get speculated on in the spot markets. this should make energy cheap enough for the gov to dole out. (forget cars, use bikes.)

for free medical care, just vote all republicans and joe leiberman and all conservative dems, who had to be bought-off for medical reform, out of congress!

that’s about it, except for a few arcane economic problems the gov can handle (see above). we’re FREE! congrats, you made it to ‘The Future’!