Comments on: Can Government Spending Stimulate the Economy http://anotherdamnblog.com/index.php/can-government-spending-stimulate-the-economy/ Because the world needed one more Tue, 07 Feb 2012 15:31:10 +0000 http://wordpress.org/?v=2.6.1 By: ep http://anotherdamnblog.com/index.php/can-government-spending-stimulate-the-economy/#comment-716 ep Thu, 07 Jan 2010 05:08:05 +0000 http://anotherdamnblog.com/?p=712#comment-716 Wish- You are correct in that the spending total is an aggregate for the Federal Government. You make a fair point regarding potential spikes in spending serving to prevent large dips. Oh course it is hypothetical since the spending happened to prevent the dip. However as the data stands, there is barely any correlations between spending an unemployment. Generally I don't know if a flat unemployment line is a good or a bad thing. However when you are talking about the millions of jobs across the economy there is always going to be shifting from one industry job type to another so I am not sure if I understand your point. I think a more interesting questions might be: - How does specific TYPES of government spending affect the economy (military vs. education vs. social programs, etc) - Are there any controllable factors that due have strong correlation on GDP/Unemployment. Wish-
You are correct in that the spending total is an aggregate for the Federal Government. You make a fair point regarding potential spikes in spending serving to prevent large dips. Oh course it is hypothetical since the spending happened to prevent the dip. However as the data stands, there is barely any correlations between spending an unemployment.

Generally I don’t know if a flat unemployment line is a good or a bad thing. However when you are talking about the millions of jobs across the economy there is always going to be shifting from one industry job type to another so I am not sure if I understand your point.

I think a more interesting questions might be:
- How does specific TYPES of government spending affect the economy (military vs. education vs. social programs, etc)
- Are there any controllable factors that due have strong correlation on GDP/Unemployment.

]]> By: Wish http://anotherdamnblog.com/index.php/can-government-spending-stimulate-the-economy/#comment-714 Wish Sat, 19 Dec 2009 07:21:59 +0000 http://anotherdamnblog.com/?p=712#comment-714 Two questions... This is just generic gov't spending that was tracked, right? So the big spending spikes up weren't specifically for jobs. Spending to bail out airlines, car manufacturers, the steel industry, the textile industry, etc... wouldn't show an uptick in employment, just a lack of a massive dip. No? On the employment side, do we know if the flat job growth line actually reflects stability? For instance while airlines were folding and letting employees go, were those jobs offset by ones created in the TSA, resulting in a flat employment line? Two questions… This is just generic gov’t spending that was tracked, right? So the big spending spikes up weren’t specifically for jobs. Spending to bail out airlines, car manufacturers, the steel industry, the textile industry, etc… wouldn’t show an uptick in employment, just a lack of a massive dip. No?

On the employment side, do we know if the flat job growth line actually reflects stability? For instance while airlines were folding and letting employees go, were those jobs offset by ones created in the TSA, resulting in a flat employment line?

]]> By: Shon http://anotherdamnblog.com/index.php/can-government-spending-stimulate-the-economy/#comment-712 Shon Fri, 18 Dec 2009 15:01:43 +0000 http://anotherdamnblog.com/?p=712#comment-712 Interesting point from Drew. I'd be interested to see what the biggest "whizbang" gadget or popular money trend was for each of those stimulus years. Pretty hard to quantify, but we DO culturally tend to go through cycles of save then splurge. It's the equivalent of yo-yo dieting -- we can have weeks of chicken salad but eventually, we just HAVE to have the chocolate cake. Interesting point from Drew. I’d be interested to see what the biggest “whizbang” gadget or popular money trend was for each of those stimulus years. Pretty hard to quantify, but we DO culturally tend to go through cycles of save then splurge. It’s the equivalent of yo-yo dieting — we can have weeks of chicken salad but eventually, we just HAVE to have the chocolate cake.

]]> By: Drew http://anotherdamnblog.com/index.php/can-government-spending-stimulate-the-economy/#comment-711 Drew Fri, 18 Dec 2009 03:41:07 +0000 http://anotherdamnblog.com/?p=712#comment-711 Eric-- Good analysis. I've always said that the only thing that really stimulates the economy is something new that everyone wants to spend money on to buy or that companies want to spend advertising dollars on. The internet pulled us out of the 80s and war spending pulled us out of the great depression. I thought the IPhone would have done it, but oh well...on to the next great invention! Eric–

Good analysis. I’ve always said that the only thing that really stimulates the economy is something new that everyone wants to spend money on to buy or that companies want to spend advertising dollars on. The internet pulled us out of the 80s and war spending pulled us out of the great depression. I thought the IPhone would have done it, but oh well…on to the next great invention!

]]>