Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Bernanke Dissatisfied With Growth Will Press on With Pace of QE

Posted 1 year ago on Jan. 31, 2013, 8:44 a.m. EST by john32 (-272) from Pittsburgh, PA
This content is user submitted and not an official statement

7 Comments

7 Comments


Read the Rules
[-] 1 points by OTP (-203) from Tampa, FL 1 year ago
[-] 0 points by john32 (-272) from Pittsburgh, PA 1 year ago

Currency commando's my fav.

[-] -1 points by Shayneh (-482) 1 year ago

Well as you can see there is no growth in the economy by the public sector so the government has to create "artificial economical growth".

[-] 1 points by mideast (506) 1 year ago

That is exactly the opposite of the truth
Today's news showed the economic slow down is totally due to GOVERNMENT cuts - in the military.

We need more austerity - so we can beat Spain & France & Greece

If we had a pro-99% Congress in stead of pro-1%, we would borrow billions at these very low rates & put Americans to work

[-] 0 points by Shayneh (-482) 1 year ago

Ok so we spend billions to put people to work - what happens when the money runs out - this is what happens.

At present the federal government spent 6 trillion dollars in the last 4 years that was used for "boosting the economy" according to Obama.

So here we are 4 years later with 6 trillion spent and this past quarter our GDP was 0.5%.

And what did they contribute that to - government cutting back. Well correct me if I am wrong but if 6 trillion can't do a damm thing to bring the economy back trillions more won't.

As I stated in previous posts 68% of the economy is driven by private individuals - well the private individuals apparently aren't doing very well - even with the 6 trillion pumped into the economy.

However that is not to say that the 47% aren't benefiting directly from the government.

[-] 1 points by mideast (506) 1 year ago

put 1,000,000 people to work, generating products a services & tax revenues - sort of like the way the rest of the economy works The problem is that too much of the "Obama" stimulus went to tax cuts for the rich and the stimulus was not enough.
We do not need to prioritize the deficit - we need to prioritize JOBS
double the cap gains tax corporate AMT of 20% with NO deductions negotiate pill prices ================================================ "However that is not to say that the 47% aren't benefiting directly from the government."
Is Boeing part of "the 47% benefiting directly from the government."
Is GE part of "the 47% benefiting directly from the government."
Is Exxon part of "the 47% benefiting directly from the government."
Is Romney part of "the 47% benefiting directly from the government."
Is Blackwater ( under their new name ) part of "the 47% benefiting directly from the government."

[-] -1 points by john32 (-272) from Pittsburgh, PA 1 year ago

that comes crashing down after a few years.