Comments on: America has multiple deficits http://blogs.reuters.com/lawrencesummers/2013/01/22/america-has-multiple-deficits/ Thu, 16 May 2013 22:22:22 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: AZreb http://blogs.reuters.com/lawrencesummers/2013/01/22/america-has-multiple-deficits/#comment-763 AZreb Wed, 23 Jan 2013 13:58:45 +0000 http://blogs.reuters.com/lawrencesummers/?p=293#comment-763 Larry Summers has never met a debt he didn't like. He and Geithner are two peas in a pod - and both have gotten rotten on the vine. Larry Summers has never met a debt he didn’t like. He and Geithner are two peas in a pod – and both have gotten rotten on the vine.

]]> By: tmc http://blogs.reuters.com/lawrencesummers/2013/01/22/america-has-multiple-deficits/#comment-762 tmc Tue, 22 Jan 2013 23:43:40 +0000 http://blogs.reuters.com/lawrencesummers/?p=293#comment-762 I think Mr. Summers studies to hard and thinks to little. I think Mr. Summers studies to hard and thinks to little.

]]> By: OneOfTheSheep http://blogs.reuters.com/lawrencesummers/2013/01/22/america-has-multiple-deficits/#comment-761 OneOfTheSheep Tue, 22 Jan 2013 17:36:42 +0000 http://blogs.reuters.com/lawrencesummers/?p=293#comment-761 I love the way you spin all this off with never a word to perhaps the "real" problem which is a bloated, incompentent and ever-growing government "establishment". These people don't build or create value of any sort, but they get union wages and better benefits to do little poorly. When will they feel the ax to their interests? Who will wield it? Our government NEVER stops expanding in size and expense. There are ever louder moans and screams and wailing every time "we, the people" see the slightest slowdown in it's growth. I love the way you spin all this off with never a word to perhaps the “real” problem which is a bloated, incompentent and ever-growing government “establishment”. These people don’t build or create value of any sort, but they get union wages and better benefits to do little poorly.

When will they feel the ax to their interests? Who will wield it? Our government NEVER stops expanding in size and expense. There are ever louder moans and screams and wailing every time “we, the people” see the slightest slowdown in it’s growth.

]]> By: QuietThinker http://blogs.reuters.com/lawrencesummers/2013/01/22/america-has-multiple-deficits/#comment-760 QuietThinker Tue, 22 Jan 2013 14:45:54 +0000 http://blogs.reuters.com/lawrencesummers/?p=293#comment-760 As an investor I know that virtually all successful companies borrow money. Of course, what those companies do with the borrowed money is vital. Investing in new means of production can be good, investing in research and development is often better, and paying absurd salaries to the CEO and top management is bad. Right now the U.S is severely neglecting a number of areas of necessary investment. Education seems to be the first target of budget hawks around the country and is one of our most vital investments. However, in the long term our lack of investment in science is going to be our economic downfall. All of the major areas of our technology driven economic progress have their roots in government funded science. For example, the internet, e-mail and everything related grew out of DARPA (Department of Defense) projects with added contributions from academic research. As an investor I know that virtually all successful companies borrow money. Of course, what those companies do with the borrowed money is vital. Investing in new means of production can be good, investing in research and development is often better, and paying absurd salaries to the CEO and top management is bad. Right now the U.S is severely neglecting a number of areas of necessary investment. Education seems to be the first target of budget hawks around the country and is one of our most vital investments. However, in the long term our lack of investment in science is going to be our economic downfall. All of the major areas of our technology driven economic progress have their roots in government funded science. For example, the internet, e-mail and everything related grew out of DARPA (Department of Defense) projects with added contributions from academic research.

]]>