Australian Politics Forum - Donny And Elon

greggerypeccary Gold Member Offline Australian Politics Posts: 137517 Gender:	Re: Donny And Elon Reply #30 - Dec 3^rd, 2024 at 6:00pm The MAGA cultists really should read this: A Country Is Not a Company
Back to top	IP Logged

aquascoot

Gold Member

Offline

Australian Politics

Posts: 34688
Gender: male

Re: Donny And Elon
Reply #31 - Dec 3^rd, 2024 at 6:39pm

thegreatdivide wrote on Dec 3^rd, 2024 at 4:48pm:

aquascoot wrote on Dec 2^nd, 2024 at 1:23pm:

1 they will run washington like they are the CEO and deputy of a large corporation. they will go through the various departments and see who is value for money and who is not

https://billmitchell.org/blog/?p=62207

Austerity cultist Kenneth Rogoff continues to bore us with his broken record

I was talking to a podcast yesterday and they asked me what might happen if Elon Musk and his gang close down a lot of government departments.

While the Musk zealots might claim they are freeing the US of wasteful and unnecessary bureaucracy, the spending that runs those departments is necessary to sustain the current GDP growth and employment levels, given non-government spending choices.

So if they scrap those departments and do not increase spending elsewhere to offset the chosen spending cuts then the US will likely fall into recession.

While we might take the view that a specific area of government spending is wasteful according to our preferences and values, at the current time, that spending is supporting employment and income generation.
...

So you better inform the DOGE duo they have to get the private sector to replace the 'wasteful' public sector with wealth creating activity which the public want, preferably while lifting the minimum wage.

As has already been said: a country isn't a corporation.

And you can't create enough business geniuses like Musk who can employ the entire nation.

I predict it will be easier for Trump to get the hostages out of Gaza (and god knows that will be difficult if he doesn't offer Hamas a Palestinian state, and only threatens Hamas with total destruction as he did yesterday), than to create well-paying jobs for all Americans, with Musk in charge of the nation's macroeconomy.

so government spending that is wasteful is fine because it creates high paying jobs

youre a fool

maybe we could pay 1 million people to dig holes in the bush and another million to fill them in.
make sure they are high paying jobs
the higher the better

and tools like yourself would praise such ludicrous proposals because it adds to gdp.

go give yourself an uppercut Wink

Back to top

IP Logged

Karnal

Gold Member

Offline

Australian Politics

Posts: 95759
Gender: male

Re: Donny And Elon
Reply #32 - Dec 3^rd, 2024 at 6:54pm

aquascoot wrote on Dec 3^rd, 2024 at 6:39pm:

thegreatdivide wrote on Dec 3^rd, 2024 at 4:48pm:

aquascoot wrote on Dec 2^nd, 2024 at 1:23pm:

1 they will run washington like they are the CEO and deputy of a large corporation. they will go through the various departments and see who is value for money and who is not

https://billmitchell.org/blog/?p=62207

Austerity cultist Kenneth Rogoff continues to bore us with his broken record

I was talking to a podcast yesterday and they asked me what might happen if Elon Musk and his gang close down a lot of government departments.

While the Musk zealots might claim they are freeing the US of wasteful and unnecessary bureaucracy, the spending that runs those departments is necessary to sustain the current GDP growth and employment levels, given non-government spending choices.

So if they scrap those departments and do not increase spending elsewhere to offset the chosen spending cuts then the US will likely fall into recession.

While we might take the view that a specific area of government spending is wasteful according to our preferences and values, at the current time, that spending is supporting employment and income generation.
...

So you better inform the DOGE duo they have to get the private sector to replace the 'wasteful' public sector with wealth creating activity which the public want, preferably while lifting the minimum wage.

As has already been said: a country isn't a corporation.

And you can't create enough business geniuses like Musk who can employ the entire nation.

I predict it will be easier for Trump to get the hostages out of Gaza (and god knows that will be difficult if he doesn't offer Hamas a Palestinian state, and only threatens Hamas with total destruction as he did yesterday), than to create well-paying jobs for all Americans, with Musk in charge of the nation's macroeconomy.

so government spending that is wasteful is fine because it creates high paying jobs

youre a fool

maybe we could pay 1 million people to dig holes in the bush and another million to fill them in.
make sure they are high paying jobs
the higher the better

and tools like yourself would praise such ludicrous proposals because it adds to gdp.

go give yourself an uppercut Wink

Strange. Your DL paid a million farmers to burn their crops when copped return fire on his trade wars.

Okay with that, were you?

Back to top

IP Logged

aquascoot Gold Member Offline Australian Politics Posts: 34688 Gender:	Re: Donny And Elon Reply #33 - Dec 3^rd, 2024 at 8:14pm source ?
Back to top	IP Logged

Karnal Gold Member Offline Australian Politics Posts: 95759 Gender:	Re: Donny And Elon Reply #34 - Dec 3^rd, 2024 at 8:23pm aquascoot wrote on Dec 3^rd, 2024 at 8:14pm: source ? You never do sources, dear, so here's your chance. You show us how your DL paid all his marvellous tariff money back to compensate American farmers. For once, I'll sit this one out. You give it a go. Source, please. Over to you.
Back to top	IP Logged

greggerypeccary

Gold Member

Offline

Australian Politics

Posts: 137517
Gender: male

Re: Donny And Elon
Reply #35 - Dec 3^rd, 2024 at 8:35pm

Karnal wrote on Dec 3^rd, 2024 at 8:23pm:

aquascoot wrote on Dec 3^rd, 2024 at 8:14pm:

source ?

You never do sources, dear, so here's your chance. You show us how your DL paid all his marvellous tariff money back to compensate American farmers.

For once, I'll sit this one out. You give it a go.

Source, please.

Over to you.

Something tells me aquascoot is about to log-off.

Back to top

IP Logged

aquascoot Gold Member Offline Australian Politics Posts: 34688 Gender:	Re: Donny And Elon Reply #36 - Dec 3^rd, 2024 at 8:42pm millions of farmers burnt their crops did they karmal? there arent a million farmers in the USA maybe it was typo because you were using gweggys soggy keyboard
Back to top	IP Logged

Karnal

Gold Member

Offline

Australian Politics

Posts: 95759
Gender: male

Re: Donny And Elon
Reply #37 - Dec 3^rd, 2024 at 8:44pm

aquascoot wrote on Dec 3^rd, 2024 at 8:42pm:

millions of farmers burnt their crops did they karmal?

there arent a million farmers in the USA

maybe it was typo because you were using gweggys soggy keyboard

Grin

I'm not seeing a source here.

Do you want to have another stab, or would you prefer to log off?

I believe Mrs Scoot is calling from the kitchen.

Back to top

IP Logged

greggerypeccary Gold Member Offline Australian Politics Posts: 137517 Gender:	Re: Donny And Elon Reply #38 - Dec 3^rd, 2024 at 8:44pm aquascoot wrote on Dec 3^rd, 2024 at 8:42pm: there arent a million farmers in the USA In the most recent survey, there were 1.89 million U.S. farms in 2023,
Back to top	IP Logged

Karnal Gold Member Offline Australian Politics Posts: 95759 Gender:	Re: Donny And Elon Reply #39 - Dec 3^rd, 2024 at 8:52pm greggerypeccary wrote on Dec 3^rd, 2024 at 8:44pm: aquascoot wrote on Dec 3^rd, 2024 at 8:42pm: there arent a million farmers in the USA In the most recent survey, there were 1.89 million U.S. farms in 2023, Source?
Back to top	IP Logged

Frank

Gold Member

Offline

Australian Politics

Posts: 46195
Gender: male

Re: Donny And Elon
Reply #40 - Dec 3^rd, 2024 at 9:15pm

Karnal wrote on Dec 3^rd, 2024 at 8:52pm:

greggerypeccary wrote on Dec 3^rd, 2024 at 8:44pm:

aquascoot wrote on Dec 3^rd, 2024 at 8:42pm:

there arent a million farmers in the USA

In the most recent survey, there were 1.89 million U.S. farms in 2023,

Source?

You first, monkey.

Karnal wrote on Dec 3^rd, 2024 at 6:54pm:

Strange. Your DL paid a million farmers to burn their crops when copped return fire on his trade wars.

Okay with that, were you?

Go on, grimacing monkey, don't be shy.

Integrity. Go on.

Back to top

Estragon: I can’t go on like this.
Vladimir: That’s what you think.

IP Logged

aquascoot

Gold Member

Offline

Australian Politics

Posts: 34688
Gender: male

Re: Donny And Elon
Reply #41 - Dec 3^rd, 2024 at 9:22pm

greggerypeccary wrote on Dec 3^rd, 2024 at 8:44pm:

aquascoot wrote on Dec 3^rd, 2024 at 8:42pm:

there arent a million farmers in the USA

In the most recent survey, there were 1.89 million U.S. farms in 2023,

so over 1/2 the farmers in the USA were paid to burn their crops

trump is allowed to lie but you just come across as a dickhead when you try it Cheesy

Back to top

IP Logged

Karnal

Gold Member

Offline

Australian Politics

Posts: 95759
Gender: male

Re: Donny And Elon
Reply #42 - Dec 3^rd, 2024 at 9:56pm

aquascoot wrote on Dec 3^rd, 2024 at 9:22pm:

greggerypeccary wrote on Dec 3^rd, 2024 at 8:44pm:

aquascoot wrote on Dec 3^rd, 2024 at 8:42pm:

there arent a million farmers in the USA

In the most recent survey, there were 1.89 million U.S. farms in 2023,

so over 1/2 the farmers in the USA were paid to burn their crops

trump is allowed to lie but you just come across as a dickhead when you try it Cheesy

Don't want to say?

Frank's getting toosh. Are you going to keep him waiting?

Back to top

IP Logged

Frank

Gold Member

Offline

Australian Politics

Posts: 46195
Gender: male

Re: Donny And Elon
Reply #43 - Dec 3^rd, 2024 at 10:12pm

greggerypeccary wrote on Dec 2^nd, 2024 at 7:16pm:

Frank wrote on Dec 2^nd, 2024 at 7:12pm:

greggerypeccary wrote on Dec 2^nd, 2024 at 7:03pm:

Frank wrote on Dec 2^nd, 2024 at 7:01pm:

greggerypeccary wrote on Dec 2^nd, 2024 at 6:59pm:

aquascoot wrote on Dec 2^nd, 2024 at 1:23pm:

what people need to understand is that these guys are businessmen, not politicians

what will they do?

simple

1 they will run washington like they are the CEO and deputy of a large corporation.

Huge mistake.

However, it'll be fun to watch.

Why is it a huge mistake?

Explain.

Take the time to read this: A Country Is Not a Company

A Country Is Not a Company
by Paul Krugman

From the Magazine (January–February 1996)

In response the 'it's the economy, stupid' slogan and ethos championed by .. er.... Willy Clinton, prez.

1996, 1856, or 2026 - a country is not a company.

Do yourself a favour and read the article.

You might actually learn something.

ECONOMICALLY it is.

Other, non-economic aspects of a country like culture, customs, values, shared beliefs you multiculti mongs deny and deprecate at every turn.

Back to top

Estragon: I can’t go on like this.
Vladimir: That’s what you think.

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics<br
/>

Posts: 12939
Gender: male

Re: Donny And Elon
Reply #44 - Dec 3^rd, 2024 at 10:28pm

aquascoot wrote on Dec 3^rd, 2024 at 6:39pm:

thegreatdivide wrote on Dec 3^rd, 2024 at 4:48pm:

aquascoot wrote on Dec 2^nd, 2024 at 1:23pm:

1 they will run washington like they are the CEO and deputy of a large corporation. they will go through the various departments and see who is value for money and who is not

https://billmitchell.org/blog/?p=62207

Austerity cultist Kenneth Rogoff continues to bore us with his broken record

I was talking to a podcast yesterday and they asked me what might happen if Elon Musk and his gang close down a lot of government departments.

While the Musk zealots might claim they are freeing the US of wasteful and unnecessary bureaucracy, the spending that runs those departments is necessary to sustain the current GDP growth and employment levels, given non-government spending choices.

So if they scrap those departments and do not increase spending elsewhere to offset the chosen spending cuts then the US will likely fall into recession.

While we might take the view that a specific area of government spending is wasteful according to our preferences and values, at the current time, that spending is supporting employment and income generation.
...

So you better inform the DOGE duo they have to get the private sector to replace the 'wasteful' public sector with wealth creating activity which the public want, preferably while lifting the minimum wage.

As has already been said: a country isn't a corporation.

And you can't create enough business geniuses like Musk who can employ the entire nation.

I predict it will be easier for Trump to get the hostages out of Gaza (and god knows that will be difficult if he doesn't offer Hamas a Palestinian state, and only threatens Hamas with total destruction as he did yesterday), than to create well-paying jobs for all Americans, with Musk in charge of the nation's macroeconomy.

so government spending that is wasteful is fine because it creates high paying jobs

youre a fool

I would be a fool if that is what I said, but I didn't....so let's see if we can sort out where you went wrong.

Bill Mitchell wrote:

"at the current time, that spending (note: even if "wasteful" eg the dept of education which Musk wants to eliminate) is supporting employment and income generation.

Bill was talking about all the spending and wages in current government departments, which Musk thinks he can slash without reducing the nation's spending (and output) capacity.

If you slash government spending, you need to create alternative spending, or cause a recession.

As Bill said (speaking of Rogoff's delusional economics):

Apparently (according to Rogoff) those (like Bill) that hold to the most basic macroeconomic rule that spending equals output and income, and drives employment growth are “detached from reality”.

Quote:

maybe we could pay 1 million people to dig holes in the bush and another million to fill them in.
make sure they are high paying jobs
the higher the better

Public sector workers are paid to do work which the government thinks it needs performed, eg, to pay more more school and hospital staff.

Quote:

and tools like yourself would praise such ludicrous proposals because it adds to gdp.

go give yourself an uppercut Wink

Assuming you aren't a complete moron, and after explaining your errors above, I accept your apology.

Back to top

IP Logged