tag:blogger.com,1999:blog-4912713243046142041.post2892538323768173267..comments2024-03-28T12:17:44.126-05:00Comments on TYWKIWDBI ("Tai-Wiki-Widbee"): Wear your brown pants when the next federal budget is revealedMinnesotastanhttp://www.blogger.com/profile/01382888179579245181noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4912713243046142041.post-21505926723381375572009-02-22T08:22:00.000-06:002009-02-22T08:22:00.000-06:00just a small note: "could have cared less" was use...just a small note: "could have cared less" was used when you actually meant "Could NOT have cared less". A very common mistake :)Mikehttps://www.blogger.com/profile/14797317910988407423noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-72524274848204470202009-02-21T20:55:00.000-06:002009-02-21T20:55:00.000-06:00Something else needs to be considered. This is the...Something else needs to be considered. This is the formula economists use to calculate the GDP of a country:<BR/><BR/>GDP = Consumption + Investment + Government spending + (eXports - iMports)<BR/><BR/>C isn't spending.<BR/>I isn't spending.<BR/>X-M produces a deficit.<BR/><BR/>How do you make up the difference?<BR/><BR/>Furthermore, the numbers I've run suggest that even with the additional spending in the stimulus, it's still not going to be anywhere near enough.<BR/><BR/>If Obama is serious about cutting this recession short of a depression he's likely to be crafty with the funds he asks for here as well.<BR/><BR/>As for the deficit, keep in mind that even with the additional spending of both of this and the former Administration, the GDP to deficit ratio is still incredibly low.Anonymousnoreply@blogger.com