http://www.nathanielward.net/2009/02/did-herbert-hoover-cut-spending/ Fri, 07 Oct 2011 04:48:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.nathanielward.net/2009/02/did-herbert-hoover-cut-spending/comment-page-1/#comment-3929 Mickey Hobart Fri, 07 Oct 2011 04:48:42 +0000 http://www.nathanielward.net/?p=3#comment-3929 Indeed, federal spending most certainly didn't decrease under Hoover. Indeed, federal spending most certainly didn’t decrease under Hoover.

]]> http://www.nathanielward.net/2009/02/did-herbert-hoover-cut-spending/comment-page-1/#comment-3151 Chicago Boyz » Blog Archive » Coolidge- Summing up Mon, 16 May 2011 00:43:35 +0000 http://www.nathanielward.net/?p=3#comment-3151 [...] in real and in inflated dollars. But look at Hoover’s spending in graphic terms. Contrary to Paul Krugman, he doubled [...] […] in real and in inflated dollars. But look at Hoover’s spending in graphic terms. Contrary to Paul Krugman, he doubled […]

]]> http://www.nathanielward.net/2009/02/did-herbert-hoover-cut-spending/comment-page-1/#comment-1393 Joe Fri, 29 Jan 2010 03:22:02 +0000 http://www.nathanielward.net/?p=3#comment-1393 Ok, my tone was petty in parts, but did you edit for Inflation and such? I want America to be Strong Too Ok, my tone was petty in parts, but did you edit for Inflation and such? I want America to be Strong Too

]]> http://www.nathanielward.net/2009/02/did-herbert-hoover-cut-spending/comment-page-1/#comment-1392 Joe Fri, 29 Jan 2010 03:13:38 +0000 http://www.nathanielward.net/?p=3#comment-1392 Unlike Herbert Hoover, Obama passed Stimulus Immediately and continues to recognize that Gov't Spending Curbs Recession. The Hoover Administration and Treasury were dealt a bad hand but slow policy response did exacerbate the Economic Slowdown in Product. One question! Did you think that maybe The RISE in %GDP Spent is due to the fact that the GDP was dropping simultaneously at a Faster Rate? Kinda like bailing out a sinking boat using a thimble. Regarding Tax Revenues in Recessions, keep in mind that Bush fudged his economic data with Cuts. You see, Govt's need money to function and Govt's are an important part of Modern Societies. A Tax Cut (especially for Upper Income []s) motivates momentary spending in a Service-Capitalist Economy. At the same time, the cutters encourage Americans to "Spend" that rebate, do your part and spend! Also realize that the Cuts for the Rich were specifically cited as leading to helpful Luxury Purchases of GM CARS like trendy SUVs. In reality, This Policy was Cover-Ass and didn't actually fix anything by creating a false economy of the moment. Later on, America and a New President responds to a GutShot with dwindling Gov't Revenue as Sheep with Fox IV's complain about Communism/Socialism and Debt. Get a clue, McCarthy! Unlike Herbert Hoover, Obama passed Stimulus Immediately and continues to recognize that Gov’t Spending Curbs Recession. The Hoover Administration and Treasury were dealt a bad hand but slow policy response did exacerbate the Economic Slowdown in Product.
One question! Did you think that maybe The RISE in %GDP Spent is due to the fact that the GDP was dropping simultaneously at a Faster Rate? Kinda like bailing out a sinking boat using a thimble.
Regarding Tax Revenues in Recessions, keep in mind that Bush fudged his economic data with Cuts.
You see, Govt’s need money to function and Govt’s are an important part of Modern Societies. A Tax Cut (especially for Upper Income []s) motivates momentary spending in a Service-Capitalist Economy. At the same time, the cutters encourage Americans to “Spend” that rebate, do your part and spend!
Also realize that the Cuts for the Rich were specifically cited as leading to helpful Luxury Purchases of GM CARS like trendy SUVs. In reality, This Policy was Cover-Ass and didn’t actually fix anything by creating a false economy of the moment.
Later on, America and a New President responds to a GutShot with dwindling Gov’t Revenue as Sheep with Fox IV’s complain about Communism/Socialism and Debt. Get a clue, McCarthy!

]]>