tag:blogger.com,1999:blog-4290163255778893789.post5930927316642400982..comments2024-03-16T05:19:07.061-04:00Comments on Retirement Blues: Why NOT Balance the Budget?Jazzbumpahttp://www.blogger.com/profile/07337490817307473659noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4290163255778893789.post-24381640219206881202012-11-11T16:43:00.360-05:002012-11-11T16:43:00.360-05:00Steve -
Yeah, thanks.
I think I missed this time...Steve -<br /><br />Yeah, thanks.<br /><br />I think I missed this time it's different, though.<br /><br />Lots of food for thought here.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-50578925537242194422012-11-10T10:11:58.648-05:002012-11-10T10:11:58.648-05:00Jazz, you may be remembering one of these?
http:/...Jazz, you may be remembering one of these?<br /><br />http://www.asymptosis.com/the-meme-that-refuses-to-die-government-debt-must-be-paid-back.html<br /><br />http://www.asymptosis.com/does-reducing-the-federal-debt-cause-financial-collapse.html<br /><br />http://www.asymptosis.com/this-time-is-different-federal-debt-didnt-dive-before-the-depression.htmlSteve Rothhttps://www.blogger.com/profile/11895481216028771016noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-75554482617409217042012-11-04T10:28:24.255-05:002012-11-04T10:28:24.255-05:00I certainly understand that correlation is not cau...I certainly understand that correlation is not causation. In fact, If there is any way to prove causation, I'd like to know about it.<br /><br />The possibilities I can think of are -<br />1) causation<br />2) coincidence<br />3) unidentified common cause<br />4) reversed cause and effect<br /><br />Did I miss anything?<br /><br />But, let's assume or the moment that the list is both accurate and complete, and that big reductions in Fed Debt always and everywhere led to recessions. If so, then you have a very strong case for causation.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-80880802844473666642012-11-04T01:34:42.293-04:002012-11-04T01:34:42.293-04:00I'm not sure whether you're seeing cause o...I'm not sure whether you're seeing cause or effect, though. That is, recessions / depressions cause the deficit to rise, while booms cause the deficit to decline (well, if things are being done right), so what you're seeing may be effect, not cause. Just sayin'. Though I agree that trying to reduce the deficit during an economic downturn is just nuts for way too many reasons.<br /><br />- Badtux the "Correlation is not causation" PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-84612405299877308562012-11-03T20:33:38.323-04:002012-11-03T20:33:38.323-04:00L. Randall Wray wrote an article about this very t...L. Randall Wray wrote an article about this very topic:<br />http://www.nextnewdeal.net/federal-budget-not-household-budget-heres-why?author=83Kevin Fathihttps://www.blogger.com/profile/09489371987284409522noreply@blogger.com