Comments on: Muddle Through, R.I.P? http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:58:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: call me ahab http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-227252 call me ahab Mon, 19 Oct 2009 16:31:42 +0000 http://www.ritholtz.com/blog/?p=41492#comment-227252 good observations from Mauldin- thanks for posting good observations from Mauldin-

thanks for posting

]]> By: dss http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-227026 dss Sun, 18 Oct 2009 16:15:12 +0000 http://www.ritholtz.com/blog/?p=41492#comment-227026 The "new" muddle through economy? Most people have been muddling through their entire lives and things are only looking great if you are an investment bank employee, CEO, or board member. Corporatism lives! The common man lives with less and less every year. The “new” muddle through economy? Most people have been muddling through their entire lives and things are only looking great if you are an investment bank employee, CEO, or board member.

Corporatism lives! The common man lives with less and less every year.

]]> By: Mike S http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-226995 Mike S Sun, 18 Oct 2009 13:53:39 +0000 http://www.ritholtz.com/blog/?p=41492#comment-226995 lol exactly. At least he is starting to learn about accounting identities. At my speech in New Orleans - I was at the same conference he was last week - I brought up this exact identity. But John is at least honest within his worldview - he is calling for higher taxes. I give him the highest respect for it. I think he is taking the wrong conclusion from it. The math and logic point to a very different conclusion. Private Savings = Government Deficit spending. Thats what falls out of the equation above. But I am glad that people are finally talking about this relationship - it is going to change our economics over the next decade. By, By Deficit Hawks and Anti-government freaks! At some point, they will find themselves arguing against Math itself. JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted. JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted. JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted. Right now private demand for savings is gigantic due to the Baby boomers seeing all possible sources of wealth storage get hammered in the last decade. IF they want to have savings when they retire, it will be cash savings. We should be running 15% deficits for the next 5 years to meet this demand. Of course we will not so put out the "Welcome Deflation!" banners. I said it three times because it is so important. lol exactly. At least he is starting to learn about accounting identities. At my speech in New Orleans – I was at the same conference he was last week – I brought up this exact identity.

But John is at least honest within his worldview – he is calling for higher taxes. I give him the highest respect for it.

I think he is taking the wrong conclusion from it. The math and logic point to a very different conclusion.

Private Savings = Government Deficit spending. Thats what falls out of the equation above.

But I am glad that people are finally talking about this relationship – it is going to change our economics over the next decade. By, By Deficit Hawks and Anti-government freaks! At some point, they will find themselves arguing against Math itself.

JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted.

JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted.

JM is wrong that government spending must crowd out Investment. If there is demand for private savings that equals or is above government spending, Investment is completely uneffected or even boosted.

Right now private demand for savings is gigantic due to the Baby boomers seeing all possible sources of wealth storage get hammered in the last decade. IF they want to have savings when they retire, it will be cash savings.

We should be running 15% deficits for the next 5 years to meet this demand. Of course we will not so put out the “Welcome Deflation!” banners.

I said it three times because it is so important.

]]> By: Moss http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-226994 Moss Sun, 18 Oct 2009 13:47:56 +0000 http://www.ritholtz.com/blog/?p=41492#comment-226994 All the SSE disciples need to read the latest book by Bruce Bartlett. Can someone please explain to me this statement that 'government deficits crowds out investment in the long run.' All the SSE disciples need to read the latest book by Bruce Bartlett.

Can someone please explain to me this statement that
‘government deficits crowds out investment in the long run.’

]]> By: Goldilocksisableachblond http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-226944 Goldilocksisableachblond Sun, 18 Oct 2009 00:36:36 +0000 http://www.ritholtz.com/blog/?p=41492#comment-226944 Maudlin has Supply-Side Dementia , aka encephaLafferopathy. Maudlin has Supply-Side Dementia , aka encephaLafferopathy.

]]> By: One more thought on Banks and lending | What does it all mean? http://www.ritholtz.com/blog/2009/10/muddle-through-r-i-p/comment-page-1/#comment-226935 One more thought on Banks and lending | What does it all mean? Sat, 17 Oct 2009 23:24:29 +0000 http://www.ritholtz.com/blog/?p=41492#comment-226935 [...] – Barry Ritholtz, after REALLY stinking up the joint on GS bonuses, posts largely the same analysis I just walked you through. Share and [...] [...] – Barry Ritholtz, after REALLY stinking up the joint on GS bonuses, posts largely the same analysis I just walked you through. Share and [...]

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