tag:blogger.com,1999:blog-7169279.post5123550917825617334..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Obama calls for a reduction in the U.S. deficit???Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7169279.post-43297065601293174752009-03-13T14:03:00.000-06:002009-03-13T14:03:00.000-06:00Dr. Tufte, I may agree that the deficit will be de...Dr. Tufte, I may agree that the deficit will be declining by the time 2012 rolls around, but do you think that overall the yearly deficit will be higher or lower than it is now? I can’t bring myself to believe that by spending the kind of money Obama wants to spend, that we will be anywhere near shrinking the deficit. Where are the cuts going to come from that will allow that kind of spending…Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7169279.post-39497117563859038522009-02-28T11:33:00.000-07:002009-02-28T11:33:00.000-07:00I am wondering, when in fact, or even if, our expa...I am wondering, when in fact, or even if, our expansionary policies will catch up. May those who speak of doom levels rising with the money supply, hand in hand, stop speaking. Not because they are wrong, but because I am wondering if they have some validity. If we consider it reasonable to call money paper, when will it sink in to the American people? But we haven't yet, will we ever?Liamhttps://www.blogger.com/profile/17412939627864336500noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-35573486556874087632009-02-25T12:42:00.000-07:002009-02-25T12:42:00.000-07:00-1 on Carson for multiple spelling errors.I didn't...-1 on Carson for multiple spelling errors.<BR/><BR/>I didn't listen last night (I know - I'm terrible - but I haven't listened to those for at least 25 years).<BR/><BR/>The main reason is exactly spelled out here. If it's all about stating things that are inconsistent with reality, and forecasting things most of which are unlikely to occur, what's the point?Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-10328243963704974502009-02-24T21:43:00.000-07:002009-02-24T21:43:00.000-07:00Having just watched President Obama's speech to Co...Having just watched President Obama's speech to Congress tonight, I had similar sentiments running through my head (trying to "have their cake"). We were all given the "hard times ahead" line backed with a hopefull and admittedly inspiring list of programs and initiatives to lift the economy out of the current recession. The president did, however, acknowledge the problem of increasing the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7169279.post-3382344849769351782009-02-23T09:44:00.000-07:002009-02-23T09:44:00.000-07:00-1 on Trevor for no link.I think this post is righ...-1 on Trevor for no link.<BR/><BR/>I think this post is right on the mark. <BR/><BR/>Having said that, it hasn't been my experience that politicians get this point at all. As near as I can figure, they're just making up most of it as they go.<BR/><BR/>Well ... not really ... but what are we supposed to think when they claim to be able to go in two opposite directions at the same time?<BR/><BR/>Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.com