tag:blogger.com,1999:blog-5713178645208582139.post1525026895816799978..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: The Employment Report Shouldn't Be a SurpriseDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5713178645208582139.post-54103237972218602192011-07-11T12:49:11.468-05:002011-07-11T12:49:11.468-05:00ecb -
You make a lot of good points, but there is...ecb -<br /><br />You make a lot of good points, but there is indeed tight monetary policy -- on top of everything else. And America has been failing since around 1980 - give or take a few years, and depending on what measure you care to use.<br /><br />http://jazzbumpa.blogspot.com/2011/02/change-notice.html<br /><br />The disastrous Bush Jr. regime* took us to a tipping point, and beyond. Jazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-18437882264508482802011-07-08T20:07:43.781-05:002011-07-08T20:07:43.781-05:00"And tight MP implies "cruel and undeser..."And tight MP implies "cruel and undeserving" punishment on everyone, in particular workers:"<br /><br /><br />totally agree Marcus!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-28233350973516201702011-07-08T19:21:10.405-05:002011-07-08T19:21:10.405-05:00There is no tight monetary policy, Senor Marcus. W...There is no tight monetary policy, Senor Marcus. What there is, is a corrupted, insolvent and dysfunctional banking system, clogged up with failed loans and a loss of informational capital. There may or may not be also a decline in the rate of innovation (ie MEC has declined as in Keynes GT), a function of education system failure and political system failure. In any case, the problems are "ecbnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-59369515176972916822011-07-08T17:10:08.260-05:002011-07-08T17:10:08.260-05:00And tight MP implies "cruel and undeserving&q...And tight MP implies "cruel and undeserving" punishment on everyone, in particular workers:<br />http://thefaintofheart.wordpress.com/2011/07/08/where-have-all-the-%E2%80%9Cworkers%E2%80%9D-gone-long-time-passing%E2%80%A6/João Marcushttps://www.blogger.com/profile/13658264244033012660noreply@blogger.com