Comments for Another Damn Blog

Comment on An Apology, Rham Emanuel Style by LaterSkater

LaterSkater — Mon, 15 Feb 2010 18:02:27 +0000

I gotta say I watched this clip about 10 times in a row. It’s very cathartic.

Comment on Long Uncomfortable Silence by Jeanett Skattebo

Jeanett Skattebo — Mon, 08 Feb 2010 19:56:03 +0000

I am absolutely fascinated at how interesting the stuff is on this web page. I have saved this webpage and I really plan on coming back to the site in the next few days. Keep up the great work!

Comment on Can Government Spending Stimulate the Economy by ep

ep — Thu, 07 Jan 2010 05:08:05 +0000

Wish-
You are correct in that the spending total is an aggregate for the Federal Government. You make a fair point regarding potential spikes in spending serving to prevent large dips. Oh course it is hypothetical since the spending happened to prevent the dip. However as the data stands, there is barely any correlations between spending an unemployment.

Generally I don’t know if a flat unemployment line is a good or a bad thing. However when you are talking about the millions of jobs across the economy there is always going to be shifting from one industry job type to another so I am not sure if I understand your point.

I think a more interesting questions might be:
- How does specific TYPES of government spending affect the economy (military vs. education vs. social programs, etc)
- Are there any controllable factors that due have strong correlation on GDP/Unemployment.

Comment on Why we Need the Bailout by Yahoo to shut down most operations for a week to cut costs

Yahoo to shut down most operations for a week to cut costs — Thu, 24 Dec 2009 01:27:21 +0000

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Comment on Can Government Spending Stimulate the Economy by Wish

Wish — Sat, 19 Dec 2009 07:21:59 +0000

Two questions… This is just generic gov’t spending that was tracked, right? So the big spending spikes up weren’t specifically for jobs. Spending to bail out airlines, car manufacturers, the steel industry, the textile industry, etc… wouldn’t show an uptick in employment, just a lack of a massive dip. No?

On the employment side, do we know if the flat job growth line actually reflects stability? For instance while airlines were folding and letting employees go, were those jobs offset by ones created in the TSA, resulting in a flat employment line?

Comment on Awkward Tiger Woods Ads by LaterSkater

LaterSkater — Fri, 18 Dec 2009 15:38:25 +0000

Shouldn’t that second to last one be “Who you do next” “Who you did”. I agree the percentages are wrong.

Comment on Can Government Spending Stimulate the Economy by Shon

Shon — Fri, 18 Dec 2009 15:01:43 +0000

Interesting point from Drew. I’d be interested to see what the biggest “whizbang” gadget or popular money trend was for each of those stimulus years. Pretty hard to quantify, but we DO culturally tend to go through cycles of save then splurge. It’s the equivalent of yo-yo dieting — we can have weeks of chicken salad but eventually, we just HAVE to have the chocolate cake.

Comment on Can Government Spending Stimulate the Economy by Drew

Drew — Fri, 18 Dec 2009 03:41:07 +0000

Eric–

Good analysis. I’ve always said that the only thing that really stimulates the economy is something new that everyone wants to spend money on to buy or that companies want to spend advertising dollars on. The internet pulled us out of the 80s and war spending pulled us out of the great depression. I thought the IPhone would have done it, but oh well…on to the next great invention!

Comment on Why are we in this Financial Crisis? by Tita

Tita — Tue, 24 Nov 2009 06:33:33 +0000

FEAR!!! FEAR of what, remember we get into, what we get into because we really are not erudite in that area and at the time it is what we really want to do. It is like buying something you may want, you are only buying because you really want it and it may look cute on you and you’re going to impress this or that person. Keep in mind we buy only what we want and not what we really need (just like we felt into a mortgage crisis), because we want too, not because we really need it. I am a single mother of three and renting one apartment for us and if I really wanted a house I know I can get one, but in reality I know I do not need it. Plus I am a 10 hour worker, College student, and a mother just trying to live day by day and my days are like living like rich>>>

Comment on Does Pollution Affect Lives by Anonymous

Anonymous — Fri, 20 Nov 2009 07:09:45 +0000

this is really bad