We went back to class-war racket/scam/swindle known as the “fiscal cliff” and talked about some of the underlying issues and especially Aggregate Demand.
Hint: it’s all about Aggregate Demand
The thing with macroeconomics is that the different ideological perspectives apply differently in different economic environmnets. Supply-side (Reagonomics) has valid arguments in the context of a booming economy like limits on taxation and fiscal conservatism. But in the current US economy, it simply makes no sense and becomes class-warfare against the poor and middle class! Of course Obama IS a Reagan-Conservative when it comes to economic policy, and the “fiscal cliff” BS is theatrics hiding an argument about the details of how to economically rape us >:/
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Posted: 2012/12/06 by Punkonomics (@dearbalak) in Announcements
Show #9 with Dr Joe Siry on the environment
Posted: 2012/12/05 by Punkonomics (@dearbalak) in PodcastsTags: climate change, denial, Environment, extinction, fraud, justice, radical
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Will talk about the environment
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Tomorrow we will be joined by Dr Joe Siry; environmental economist and generally erudite splendid dude :-)
Posted: 2012/11/29 by Punkonomics (@dearbalak) in AnnouncementsTags: climate change, denial, Environment, extinction, fraud, Koch, lobbying, propaganda
Well talk about the environmental catastrophe depending upon us but also surely go on multiple tangents and idiosyncrasies as usual.
Post any questions or comments you have about this and that right here and we’ll do our best to respond on the air.
Punkonomics (@DearBalak) 