Comments on: Biden Stresses Transparency And New U.S. Economic Foundation http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/ The Talk Radio News Service is the only information news service dedicated to serving the talk radio community. Sun, 22 Nov 2009 13:19:19 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: disgusted http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/comment-page-1/#comment-44606 disgusted Wed, 10 Jun 2009 13:13:40 +0000 http://talkradionews.com/?p=27629#comment-44606 NO TRANSPARENCY AT EITHER SITE PERIOD! NO TRANSPARENCY AT EITHER SITE PERIOD!

]]> By: disgusted http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/comment-page-1/#comment-44605 disgusted Wed, 10 Jun 2009 13:12:57 +0000 http://talkradionews.com/?p=27629#comment-44605 The sites listed as transpaernt I just visited, there is no transparency there just the sam smoke and mirrors touted by the Obama regime.Thye fail to tell you how old a roof is that needs replacing, exactly who gets this work, exactly what work will be done and whos palms are getting greased to do this work.A The sites listed as transpaernt I just visited, there is no transparency there just the sam smoke and mirrors touted by the Obama regime.Thye fail to tell you how old a roof is that needs replacing, exactly who gets this work, exactly what work will be done and whos palms are getting greased to do this work.A

]]> By: Random thoughts, 09 June 2009 « J’s Blog http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/comment-page-1/#comment-44584 Random thoughts, 09 June 2009 « J’s Blog Tue, 09 Jun 2009 20:52:44 +0000 http://talkradionews.com/?p=27629#comment-44584 [...] Talk Radio News Service article, 09 June 2009. And yeah, before you point it out: I am aware of the common claims that talk radio [...] [...] Talk Radio News Service article, 09 June 2009. And yeah, before you point it out: I am aware of the common claims that talk radio [...]

]]> By: Biden Stresses Transparency And New U.S. Economic Foundation … | Youth Political Blog http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/comment-page-1/#comment-44576 Biden Stresses Transparency And New U.S. Economic Foundation … | Youth Political Blog Tue, 09 Jun 2009 16:52:35 +0000 http://talkradionews.com/?p=27629#comment-44576 [...] Originally posted here:  Biden Stresses Transparency And New U.S. Economic Foundation … [...] [...] Originally posted here:  Biden Stresses Transparency And New U.S. Economic Foundation … [...]

]]> By: Brad http://talkradionews.com/2009/06/biden-stresses-transparency-and-new-us-economic-foundation/comment-page-1/#comment-44575 Brad Tue, 09 Jun 2009 15:56:53 +0000 http://talkradionews.com/?p=27629#comment-44575 I still have some reservations about the "stimulus" plan, and in fact the whole Keynesian notion of the government obliterating recessions by spending into oblivion. Some reasons spending sprees won't work include the fact that, considering our trade deficit, a whole lot of money will end up leaving our country anyway. In addition, with a huge expansion in the money supply, inflation will ensue, perhaps even stagflation, as we'll likely see a second recession shortly after this current one ends. Thirdly, in order to pay for all of this, taxes and interest rates will inevitably go up, and businesses will take their operations outside of the U.S. and consumers will be averse to spending. Some like to point to FDR's spending programs in the '30s as proof that Obama's plan will be successful. Unfortunately, what they don't realize is that, yes unemployment was 25% or so, but when World War II broke out, all of those unemployed males suddenly found employment in the military, while women and others moved into heavy industry to fill the void and support the war effort. Not to mention that government debt was largly owned by American citizens, unlike today where China is financing our government. I still have some reservations about the “stimulus” plan, and in fact the whole Keynesian notion of the government obliterating recessions by spending into oblivion. Some reasons spending sprees won’t work include the fact that, considering our trade deficit, a whole lot of money will end up leaving our country anyway. In addition, with a huge expansion in the money supply, inflation will ensue, perhaps even stagflation, as we’ll likely see a second recession shortly after this current one ends. Thirdly, in order to pay for all of this, taxes and interest rates will inevitably go up, and businesses will take their operations outside of the U.S. and consumers will be averse to spending.

Some like to point to FDR’s spending programs in the ’30s as proof that Obama’s plan will be successful. Unfortunately, what they don’t realize is that, yes unemployment was 25% or so, but when World War II broke out, all of those unemployed males suddenly found employment in the military, while women and others moved into heavy industry to fill the void and support the war effort.

Not to mention that government debt was largly owned by American citizens, unlike today where China is financing our government.

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