Did Bush and Obama prevent another depression? Influential economists say yes.

[Al B. Sure!]

Yeah I saw the tail-end of that thread and there didn't seem much relevant discussion (a lot of threadjacks), especially not by you, Drake.

I'm sure you got the gist of a 700+ post thread by reading the "tail-end"...

Why don't you actually read the highly detailed economic report I linked to so you can actually make intelligent conversation or is that to much effort for you?

I read the report yesterday when Matt Yglesias linked to it and then read some analysis that pointed out that the study doesn't seem to prove that the ARRA had a multiplier greater than 1. You don't understand why that's important, but that's ok...

I skimmed the first 3 pages and saw your posts, including the almost wordless OP. You didn't say much.

[Drake Tungsten]

A picture is worth a thousand words.

[Drake Tungsten]

Actually, reading the stimulus thread again, I see that Oerdin already tried to use the work of Mark Zandi and Moody's to "prove" that the stimulus worked, only to be raked over the coals by more intelligent posters. Did you think enough time had passed that you could try the same stupid tactic again?

[Dinner]

Drake is "special" and not very bright.

[Theben]

Drake is intelligent enough, but he's lost some credibility as of late.

[Drake Tungsten]

Here's the original stimulus debate thread (I think). It should help Alby understand the arguments that were implicit in the later "Stimulus is a failure" thread. You can also watch me chase Vel from the site...

Drake is intelligent enough, but he's lost some credibility as of late.

How? I've barely had time to post over the last month.

[Dinner]

Mostly because you post stupid things.

[Drake Tungsten]

Like this thread?

[RGBVideo]

With OP and the first 2 replies, this is one of the worst threads I've seen in a long while.

"Stupid" is exactly the right word.

[Ogie Oglethorpe]

Sliders and alternate universe discussions aside, Zandi indicates ARRA multiplier less than 1. Good show

http://michaelscomments.wordpress.com/2010/08/03/zandi-claims-stimulus-didnt-do-squat/#comment-206361

[giblets]

So we gave up ~$50 billion in private spending in exchange for ~$390 billion in public spending? That sounds like a good deal. We got tax cuts, healthcare and education spending, food stamps, infrastructure and more for peanuts.

[Dinner]

Sliders and alternate universe discussions aside, Zandi indicates ARRA multiplier less than 1. Good show

http://michaelscomments.wordpress.co...comment-206361

I post a detailed study by leading economists (such as the former #2 at the Federal Reserve) and you contradict it using a blog post? Seriously? Go home.

[Drake Tungsten]

That is the only response Oerdin can offer since he still doesn't know what the multiplier is...

[Ogie Oglethorpe]

Given O's proven inability to peruse and understand these kinds of documents in the past, one would have thought him appreciative of a blog doing the heavy lifting/mental gymnastics he seems unsuited for.

[Provost Harrison]

Bush couldn't have prevented himself from breathing, let alone a depression