122 Comments
- dayal911, on 03/24/2009, -27/+64LOL @ all the people dismissing the WSJ because it's 'biased'.
These are the SAME people that openly accept EVERYTHING coming from Huffpo, Media Matters, and the DailyKos.
How can people be so hypocritical? - CoD4, on 03/24/2009, -8/+28There is a reason their economy, literacy rate, healthcare system and many other things are way better than ours
- ChelseaBlacker, on 03/24/2009, -18/+35Aw yes, another Digg yelling match between WSJ lovers who are bored at work & NY Times tree huggers who are bored in class.
- inactive, on 03/24/2009, -12/+25The PM of Canada expressed the same concerns directly to Obama's face a month ago. The EU rejected Obama's recommendation to provide more stimulus in their Countries, early last week. China and Russia ended that same week, beginning discussions about bitch slapping the dollar off the pedestal in which the world ties it's currency to. Media can't slant that.
And let me also provide a common sense memo: Expecting a publication focused on the world's asset exchanges to lean left is simply stupid. - Insightful, on 03/24/2009, -3/+15WTF. When Bush is President, we could care less what anyone else thought. For *****'s suck, Republicans renamed French fries to Freedom fries!
Now when Obama's President, suddenly right wings are all Kim Jong Il said this, Chavez said that, Sweden did this, and French did that.
Hypocrisy much? - inactive, on 03/24/2009, -2/+14...this obsession that americans have towards the french is just ridiculous, other than ignorant as *****...french people is generally regarded as cowards by rednecks, yet, as soon as there is something wrong with their government the french get in the streets and start burning the whole ***** down or stuff like that...
...how about the usa? LOL!!!!
the french have a tradition of revolution, whoever says they're cowards have to be an idiot and/or completely ignorant. - inactive, on 03/24/2009, -3/+13It's the second article in two days where the right are taking sides with the french. When did your boycott end?
- CanoeBug, on 03/24/2009, -14/+23You can't spend your way into prosperity, but we're sure going to try
Real Time Debt http://www.usdebtclock.org - kingcam, on 03/24/2009, -4/+12Sarkozy is probably France's most conservative leader since the second world war, no wonder he attacks Keynsianism, along with the head of the European Central Bank? It is his job to be conservative.
- Landthatilove, on 03/24/2009, -17/+24Maybe you can get you mom to explain to you what it meant.
- UselessTrivia, on 03/24/2009, -5/+12WSJ not in favor of Keynesian economics? Say it ain't so.
- UselessTrivia, on 03/24/2009, -2/+9Buried because that's not a real-time debt clock. It's based on estimates and simplified calculations and increases at regular intervals to make it a "clock".
In reality our debt doesn't work this way. - inactive, on 03/24/2009, -9/+16Hey man, I am no fan of the French. Unfortunately, it's not just them. We wouldn't be printing any of our own cash if nobody, including China was willing to take some more debt off of our hands. America has become the guy who "forgot his wallet" one too many times and nobody wants to buy our morning cup of coffee anymore.
- Jlaugh, on 03/24/2009, -1/+7At least they see something useful from their taxes. I've been to France there are small businesses everywhere, working infrastructure, high speed trains, excellent mass transit, and the government there actually fears the population.
They have time for their families, better quality food, and a better standard of living. - kingmanic, on 03/24/2009, -2/+8PM of Canada is an inconsistent free market ideologist/economist. He'd really like to be G.W. Bush the third but realizes his country is very left so he tries to sneak in his agenda when he can. Our banking system is stable despite him not because of him. He really wanted to open things up more and pushed for more deregulation. He's not as dumb as Bush and not nearly as insidiously evil as cheney but he is a rightwing ideologue.
- behavedave, on 03/24/2009, -3/+9It turns out they were right about Iraq, thinking about it what is wrong with advice from France they do have a nice country, arrogance aside.
- Bloodwine, on 03/24/2009, -2/+8Not to mention it was real infrastructure improvements, not shovel-ready pet projects.
- ftwb, on 03/24/2009, -4/+9Hey, you are way off! I'm a NYT tree hugger who is bored at home, waiting for lunch to cook!
- inactive, on 03/24/2009, -10/+15Chelsea, let's be real here. The WSJ is a publication, that's only bias is numbers. The exception, is it's editorial. Considering that the publication is a source of information for the people that generate the income that liberals want redistributed, how could you not expect some hard core capitalists writing the Op-Ed?
- yarcod, on 03/24/2009, -0/+5Actually, what was a success was building tons of crap for a war overseas that we weren't involved in. Not until then was there a real positive gain.
The New Deal only provided a temporary boost in GDP (because govt spending is part of the equation) but as soon as the spending was taken out... and the public taxed to pay for it... the net gain was (at best) zero. - inactive, on 03/24/2009, -1/+5The New Deal's infrastructure projects were not as important as common sense and high school would have you believe. Actually a horribly disproportionate of that infrastructure money -- like over a quarter -- went to New York City because Robert Moses was a genius... States and cities had few planned projects ready to go at the time New Deal money was being doled out, so Mr. Moses kindly took it off the Federal gov't's hands to build elevated high ways, bridges, the Long Island Expressway and all these other pork-like projects that -- while great for New York City -- did virtually nothing to help the rest of the country.
- peters1023, on 03/24/2009, -8/+12See and I was under the impression the "New Deal" was a success.
Massive govt. spending. . . Except we spent it on infrastructure the first go around. Not saving companies that are unable to turn a profit in anything other than optimal economic conditions.
Eeek.
I really hope the recent positive trend on Wall Street continues. - inactive, on 03/24/2009, -1/+5What should SHOULD it tell me?
- Trey9128, on 03/24/2009, -3/+7Regardless of who the original poster was, it is interesting that France and some of the other social democracies of Europe are warning the U.S., the champion of capitalism, about runaway government spending.
The problem with the Obama plan is not that the economy won't recover shortterm-it will, regardless of what he does. The problem is the decades of negative economic repercussions that will follow the trillions of dollars of debt and the ballooning of "M" the money supply that is now taking place. That is what France is warning us about, and what all of us should be worrying about. Obama is attempting to fix the economy shortterm by saddling us longterm with crushing debt. Not a very attractive prospect. - omgwtflawl, on 03/24/2009, -0/+4Lets not say the WSJ is TOO capitalist. Being a free market lover, I like big business, just as I like small business. But one of the things big business loves is to use the government to further its own goals, rather then win them on its own merit. Milton Friedman said that all businesses think the market should be totally free, except in the sector their business operates in. If there is foreign competition, their should be tariffs and quotas. Tax money should be funneled to their business, of course. Rules should be utilized against opposing businesses, but not on their own.
Businesses should be looked to to provide the goods and services you want and require, but watch out, lest they use the government towards their own ends. - inactive, on 03/24/2009, -0/+3I'm not saying it was economically ineffectual or that it didn't create jobs or benefit workers, it certainly cost a great deal and rendered many public works, after all. What I'm saying with the example of New York City's ridiculous depression-era money ulcer status is that the capital was not distributed properly and that New Deal boons were only functional in places where the elite wanted them to be. That is to say, the New Deal was absolutely no different than the current generation's capital injections.
- inactive, on 03/24/2009, -0/+3....sadly, billions of debt, loss of freedom and a lot of dead people (among other things) says you'd better have cared more about what other people said back in the days when dubya played king of fools....they could have suggested something ACUALLY insightful. i mean, not that it'd take much to be more insightful than dubya, btw.
- kukyona, on 03/25/2009, -0/+3Personally, I think the country has had more harm caused by the false left-right dichotomy.
- BotchaMcCoola, on 03/24/2009, -0/+3No. Not even close. And don't try again.
- aurorous, on 03/24/2009, -2/+5Quite right. That clock ignores the trillions we owe future entitlement benefits. The Governments clever use of Enron style accounting allows them to hide little fact. The actual debt is WAY higher than that
- xtraa, on 03/24/2009, -3/+6Ah the Wall Street Journal. Why am I not impressed? Is it the location or the name of the newspaper.
- inactive, on 03/24/2009, -1/+4...not all of them, thanks god, generalizations can't be right...but still, either there are a lot of them who are idiots or the idiots over there are unusually loud. whatever.
- ChelseaBlacker, on 03/24/2009, -5/+8I do expect that your "hard core capitalists" will be writing the Op-Ed in the WSJ. My comment doesn't imply that I ever disagreed with you on this point. And quite frankly, I don't have a problem with them (or utilizing numbers as facts) in the first place!
- Landthatilove, on 03/24/2009, -18/+21So, any article that has a different view of your messiah than you is a "hit piece". How convenient.
- JDBagley, on 03/24/2009, -1/+4Sadly, you're right. No self-respecting community of Frenchmen would have let Bush take their country up the ass for eight years.
- sebastienk, on 03/24/2009, -4/+7Americans are idiots!
- inactive, on 03/24/2009, -7/+9Psst... the Dow is down about 115 points right now.
There was a spike yesterday because there's finally a plan (and there was some good housing news). We'll see how it trends in the coming months. - JenniferInMO, on 03/25/2009, -1/+3Our idiots are loud. There are many of them, but hopefully getting our young people interested and engaged in current events and politics will help in the future.
- Pstall, on 03/25/2009, -1/+3Jennifer you do not find anyone's opinion credible if it does not match yours. As for name calling, you do that just as much if not more then anyone I have seen on digg.
- maz2331, on 03/24/2009, -2/+4Because NYT is not 100% in lock step.
- Tynictansol, on 03/24/2009, -0/+2I read it had something to do with an unexpected rise in home sales too. Not everything moves based off the latest political report. I'm sure having some fleshing out of the plans had something to do with it, though there are in all likelihood people who watch the numbers of the market and may have chosen yesterday to buy in, planning just to sell off here soon to make a small gain based off the small motion of the market upwards.
- geejaye, on 08/31/2009, -0/+2I went to usdebtclock.org, and don't really trust it. The site doesn't have much more then a bunch of graphical clocks. And, who knows if the numbers are right - the site gives no source specifics.
And, I get a bit suspicious when the "about us" page says "God Bless America!" preceded by "Thank you for your continued support..."What support? From whom? And, a "who is" search shows they are hiding behind DomainsByProxy.
Then, I did a search for usdebtclock.org on digg ( http://digg.com/search?s=usdebtclock.org ). You will find 10 submissions - many of the submissions going to pages that aren't even linked to from usdebtclock.org, as you will note that the usdebtclock.org only as 2 pages - the clocks, and "about us". Who found these non-linked pages, and how?
Plus many of these submissions have over 100 diggs, complete with multiple "how could Obama do this to us" "look at the high cost of Medicare", etc comments. It makes you wonder who is really behind this site....
See http://didyoucheckfirst.blogspot.com/2009/08/someo ... for more research on this site. - macinit1138, on 03/24/2009, -1/+3Main difference besides the language: French government actually works for it's citizens. Corporate controlled American government despises it's citizens, but needs them for use as consumer debt cattle and could care less about their needs.
- yarcod, on 03/24/2009, -4/+6One would hope they learned their lesson when they found out Iraq was a quagmire... but you're right it's hypocrisy.
Doesn't mean we shouldn't listen this time... - ZeroSum1975, on 03/24/2009, -5/+7Yes, cause they are a Social Democracy. What the U.S. needs to be.
- CyclonusRIP, on 03/24/2009, -0/+2Or maybe it should tell you something when your strongest allies are France and Canada?
- Tynictansol, on 03/24/2009, -0/+2Or these countries were caught just as off guard as our nation was and now that that *****'s hit the fan everyone's an expert on how to make things worse and better. Including all of us reading these articles and howling with indignation when someone with a rational sounding argument that confirms our own relatively ignorant opinions on things.
- Smaulz, on 03/24/2009, -3/+5Tell mom to hurry it up then...
- inactive, on 03/24/2009, -7/+9The WSJ isn't neocon. Firstly, that term refers to individuals not institutions. Secondly the WSJ has always been conservative; this is not a new revelation for them or their writers.
When people like you misuse the word “neocon” like this, it proves that your not very intellectually or politically sophisticated. - sebastienk, on 03/25/2009, -0/+2I'm sorry about the generalisation but after 8 years of Bush you have to understand the world has a hard time comparing americans to intelligent people
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