Comments on: Stimulating Stossel http://cafehayek.com/2009/11/stimulating-stossel.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Mark http://cafehayek.com/2009/11/stimulating-stossel.html/comment-page-1#comment-191031 Mark Fri, 20 Nov 2009 04:50:00 +0000 http://cafehayek.com/?p=7296#comment-191031 Sort of like in Airstrip One, where productivity is always up 27%. Sort of like in Airstrip One, where productivity is always up 27%.

]]> By: Mark http://cafehayek.com/2009/11/stimulating-stossel.html/comment-page-1#comment-191030 Mark Fri, 20 Nov 2009 04:50:00 +0000 http://cafehayek.com/?p=7296#comment-191030 Sort of like in Airstrip One, where productivity is always up 27%. Sort of like in Airstrip One, where productivity is always up 27%.

]]> By: SaulOhio http://cafehayek.com/2009/11/stimulating-stossel.html/comment-page-1#comment-190977 SaulOhio Thu, 19 Nov 2009 22:28:00 +0000 http://cafehayek.com/?p=7296#comment-190977 There is never any real shortage of jobs. Just a shortage of people willing to pay people to do them. I blame mostly labor legislation keeping wage prices too high. There is never any real shortage of jobs. Just a shortage of people willing to pay people to do them. I blame mostly labor legislation keeping wage prices too high.

]]> By: Anonymous http://cafehayek.com/2009/11/stimulating-stossel.html/comment-page-1#comment-190972 Anonymous Thu, 19 Nov 2009 21:02:00 +0000 http://cafehayek.com/?p=7296#comment-190972 RE: "By their very nature, government stimulus does crowd out private investment." Just know that you're assuming your own conclusions if this is your assumption. A lot of people disagree with you on this, at least insofar as the last year is concerned. "By their very nature" on it's own doesn't quite cut it for people who understand the situation that way. RE: "The people working those jobs are not available to be hired for something more productive." Give a guess as to what the job seeker to vacancy ratio is right about now. If everyone agreed that these resources would be crowded out there wouldn't even be a debate. Everybody would agree the stimulus is stupid. What reasons do you have for assuming there is crowding out? RE: “By their very nature, government stimulus does crowd out private investment.”

Just know that you’re assuming your own conclusions if this is your assumption. A lot of people disagree with you on this, at least insofar as the last year is concerned. “By their very nature” on it’s own doesn’t quite cut it for people who understand the situation that way.

RE: “The people working those jobs are not available to be hired for something more productive.”

Give a guess as to what the job seeker to vacancy ratio is right about now. If everyone agreed that these resources would be crowded out there wouldn’t even be a debate. Everybody would agree the stimulus is stupid.

What reasons do you have for assuming there is crowding out?

]]> By: SaulOhio http://cafehayek.com/2009/11/stimulating-stossel.html/comment-page-1#comment-190971 SaulOhio Thu, 19 Nov 2009 20:40:00 +0000 http://cafehayek.com/?p=7296#comment-190971 "The applicability of Bastiat hinges on whether government deficits truly do crowd out private investment, as Stossel asserts. " -- danielkuehn By their very nature, government stimulus does crowd out private investment. Its not about how much money is left to private investors, but the resources the government stimulus spending diverts. This is especially if the stimulus actually does create jobs. The people working those jobs are not available to be hired for something more productive. “The applicability of Bastiat hinges on whether government deficits truly do crowd out private investment, as Stossel asserts. ” — danielkuehn

By their very nature, government stimulus does crowd out private investment. Its not about how much money is left to private investors, but the resources the government stimulus spending diverts. This is especially if the stimulus actually does create jobs. The people working those jobs are not available to be hired for something more productive.

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