Do Nothing ~ dnd

Many critics of the stimulus bill say that it would be better to do nothing than to inject stimulus into the economy.  They cite a GAO report that posits that the stimulus may have long term negative effects.  They fail to note the same report posits that the stimulus may have beneficial short term effects to stop the slide towards a depression.  This is the same crowd that thinks that tax cuts, and tax cuts alone, will be the salvation of the economy, which, or course is doing something rather than nothing.

This is all a political straw man.  The reality is that every appropriations or tax bill has ramifications on the economy.  There is no such thing as “doing nothing.”  It’s all a matter of degree.  More precisely, in a crisis, what’s important is not doing what needs to be done, it’s doing what needs to be done fast.  It’s the rate of change that matters.  Tossing pebbles will not slay Goliath.

One may question if the items in the stimulus bill will help our economy, but saying it’s better to do nothing is hypocrisy and political pissin’ in the wind.

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146 Comments

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146 responses to “Do Nothing ~ dnd

  1. giveitupfolks

    You write that on a napkin, dnd? Try doodling.

  2. dnd you have a groupie, congrats.

    Notice how all the of the anti-bailout crowd hasn’t put 2 + 2 together how post TARP citigroup is turning a profit.

  3. Since this was at the bottom of the last thread I copied it up here.

    And Brian…

    I am doing alright but don’t get online much lately. Thanks for asking.
    —————————————————————————————————-

    Good evening…

    Just left this comment over on TM. Very good read and video.

    Here is a very good read and eight minute video of Frank Schaeffer on an interview with D. L. Hugley.

    Excerpt below:

    “Dear Republican Leaders: The Republican Party has become the party dedicated to sabotaging the American future.

    You Republicans are the arsonists who burned down our national home. You combined the failed ideologies of the Religious Right, so-called free market deregulation and the Neoconservative love of war to light a fire that has consumed America. Now you have the nerve to criticize the “architect” America just hired — President Obama — to rebuild from the ashes. You do nothing constructive, just try to hinder the one person willing and able to fix the mess you created. ”

    Read the whole article and watch the video it is very, very good.

    http://www.huffingtonpost.com/frank-schaeffer/open-letter-to-the-republ_b_172822.html

    A real Republican speaking out and truth to power.

    Please read the story at the link and watch the video. I promise you that you won’t regret it.

    God Bless you all.

  4. dog's eye view

    Hello all. Seeing if I get the usual quilt graphic (which I like…)

  5. dog's eye view

    Ooh. I do not like that thing. At all! Bring back the quilts/patterns.

    May have to conjure up some dog logo ….

  6. Wow….the Simpson again…..woo whoo!

    dnd , you are so right.
    I really think for many people, who don’t watch much cable, they see everything as moving right along.

    Remember before the dot.com era, most people waited for statements to know where the stood financially. And those in the so called “working class” never followed all the blithering commentary anyway….It’s certainly is a new day, when the talking heads on TV have less sway, and the American worker goes about making ends meet and supporting the President they voted into office!!!!

  7. Peeps be sure to let me know if you like the nested comments.

    • horsedooty

      seems like a good idea to me with this nesting thingy.

      • I guess its alright. After all it is your blog.

        Only thing I sort of don’t care for is having to go back up to see if anyone replied to any comment one leaves or any replies that show up later that the commenter might have left.

        God Bless.

          • dnd

            anon has a good point. Problem is that without threads, it’s difficult to know what issue people are talking about about. With threads you always need to scan back. Some HCI person needs to figure out a better way.

        • dnd

          anon-p,
          With all due respect I need to correct you. We all own this blog. Your ideas, your suggestions, your vote counts as much as anybody’s here.

          Brian and Shelia are the blogmeisters here, but do not control editorial content. They just do the technical heavy lifting. Pro bono.

          • dnd…

            I’m sorry if I was misunderstood.

            Between now and tomorrow night if I get online that is, I would usually skip over the earlier comments and go where I left off to read any new ones.

            It was just my thought that it would make it more harder to just go down the comments to where I left as I would have to re read all the comments to see if anything new had been left.

            Like I said I am only a guest here and if this is the new setup I will accept it and once again I was not complaining about it.

            Just stating my opinion, no insults meant.

            God Bless.

    • dnd

      I’m with Doots. Nested comments are much easier to follow.

  8. Like all the upgrades to the blog Brian. You are doing a terrific job! Keep up the good work….I have to go make some quick money.

    Wish me luck.

    ~peace everyone….. tomorrow is on its way.

  9. Good night all and…

    God Bless.

  10. Nannymm

    Dnd, Those who oppose Obama will find any reason to oppose his policies, whether it’s a good reason or not. I think we all need to start shouting them down. Since they have nothing constructive to add to the dialogue, they should be marginalized.

  11. Jon Stuart totally ripped Cramer and Morning Joe a new one tonight! That was friggin great!

  12. Also there is the recent comment widget on the left side bar so yu ocan easily what was last posted.

  13. nannymm

    I just changed my avatar about 5 minutes ago. How long before it shows up?

  14. I just changed the order of the way posts are displayed, now it’s newest post at the top instead of at the bottom. Not sure if that is good or bad, I guess it’s all about what you’re used to. Let me know peeps.

    • dog's eye view

      don’t like it. Prefer descending comments.

      Again, brownie points for innovation, though. But think original format was best.

      And I miss the quilt pattern! It was comforting; you knew who was who.

  15. giveitupfolks

    Wow, 7 whole people talking to themselves.

    *yawn*

  16. dog's eye view

    BTW: not a fan of the nested blog, although others might be. It’s easier to me to scan the thread and comment on certain points; look at links. An experiment, but I would not mess with hunting for other threads much. I like blogs with a lot of white space.

    (Somewhere, giveitup might be laughing at that one.)

    • BevnTempe

      It’s 1:45 am and I can’t sleep. I agree with Dog about the new blog scroll. I don’t care for the indentations and I also don’t like the latest at the top. Oh well, change is the word of the year, and I can adjust. I hope my mouse wheel doesn’t wear out. I want to go to sleep!!!

      • chefsheila

        It is 5:07am and I was a little bit shocked at being 1st after being “Last”…… and then I got it.

        I think this is kind of cool!!! Being somewhat lazy, I like that I may never have to “RE” anything again! lol

        • dog's eye view

          not enough a reason to make this format a keeper, IMHO.

          Absolutely would work for specific long threads on HuffPost. But we’re not there, and it would kill the blogvibe if we were that massive.

  17. Why is Jim Cramer shouting at me?

    Is CNBC as bad as Jon Stewart says it is? Yes, and a full day in front of the network will have you longing to return to the real world.

    http://www.salon.com/news/feature/2009/03/11/cnbc/?source=newsletter

  18. Steve

    I think doing nothing would be a horrible “choice.” Can you imagine what would be going on in the dark forces had actually won last November?

    I like CNBC, watch quite a bit of it. I dont agree with most of the commentators. i think they are not giving Obama a chance. Cramer’s the biggest clown I have seen in ages….and he’s asking you to invest! Yikes. For the most part, even people like Limbaugh and Hannity aren’t after your money.

  19. Steve

    Is Giveitup folks our first troll? Have we had one of those before???

    That’s pretty cool.

  20. nannymm

    I agree with dog and Bev. I like the old way without nested comments and newest at the bottom. This way is too confusing. Can we switch back now?

  21. chefsheila

    AMEN DND!!! AMEN! Politically Pissing In The Wind.

    Take That! Morning Joe!! lol

  22. chefsheila

    ….Wow…..can the Republican Party be Twisting in the Wind more than now? How many Twists will they take before silence ensues while they lick their wonds and regroup?…

    Steele Out By April?

    GOPers are telling Taegan Goddard that Steele may face a no-confidence vote after the NY-20 special election on March 31 — win or lose.

    More importantly, how much more humor can Steele produce over the next three weeks?

    And more trivially, has an elected party chairman ever had such a brief tenure?

    And will Steele be able to blow all the money on the new website before the end of the month?

    –Josh Marshall

  23. chefsheila

    …….I Like Descending Comments….makes more sense to me….

  24. chefsheila

    Pardon me while I reset my eyes….lol I’ve been blogging to long with descending comments….

  25. dog's eye view

    Agree with nanny; can we switch the blog back to “no nested”? But brownie points for trying an experiment.

    However, sequence is confusing. We have a small enough group (as “give” was kind enough to point out) that it’s not that hard to follow what comment relates to what, and you can’t see everything ppl said, easily, with this format.

    PS: Good morning all.

  26. dog's eye view

    “If something’s hard to do, then it’s not worth doing.”

    Agreed! Only in this case, though. Bring back our original blog format!

  27. geez don’t you people have anything better to do than complain about the order of threads, get a life!

    Try this for a day and see if you get used to it. More times than not people bitch because they aren’t used to something differently. Now all genuflect before me!

  28. dog's eye view

    Gun massacre in Germany. Angela Merkel to speak on it soon.

    Gun massacre in Alabama. Sad for those involved; story du jour and off the headlines in 2 days here. (a la Christmas Santa attack)

    ====

    17 year old Tim K shot up a technical high school outside Stuttgart and killed some passers too.

    Black clad teenage gunman; target is high school. So been there, done that in US. Still shocking elsewhere.

    http://www.nytimes.com/2009/03/12/world/europe/12germany.html?_r=1&hp

  29. dog's eye view

    Brian: I know you’re teasing (I think), but I like a blog with lots of white space and conventional descending order. It’s easier to read; no hunting involved. Get to see what others have said.

    I would be less likely to bookmark or stick with a blog with a confusing format or too much going on. (ADD enhancing sites: beloved by others; not dog.)

  30. There, leave me alone now.

  31. for those of you who missed Jon Stuart ripping Cramer yet another new one last night.

    http://www.huffingtonpost.com/2009/03/10/jon-stewart-slams-jim-cra_n_173738.html

  32. dnd

    Cramer should know better than to go after Jon Stewart.

  33. There everything is as it was, I’m really impressed by everyone’s ability to try something new!

  34. Light at the end of the PUMA tunnel!

    Draft Palin Effort Begins In A Denny’s In West Haven

    http://www.huffingtonpost.com/2009/03/11/draft-palin-effort-begins_n_173832.html

  35. dog's eye view

    Brian — thanks!

    All for trying something new. When it’s an improvement.

    You are dealing with people who learned to type on typewriters. Remember those! Even pre word processor days.

  36. dog's eye view

    I wish that we could reset our country to the preBush nesting phase as easily.

  37. Charlie Rose Interviews Timothy Geithner: “Capitalism Will Be Different” (VIDEO)

    http://www.huffingtonpost.com/2009/03/10/charlie-rose-interviews-t_n_173720.html

  38. chefsheila

    Just watched Stewart!!!!! Hilarious!

  39. dnd

    “Draft Palin Effort Begins In A Denny’s In West Haven”

    A Denny’s how appropriate! I hope they had moose chili on the menu 😉

  40. dnd don’t you think Sambo’s or The Cracker Barrel would have been a more appropriate choice?

  41. dnd

    “dnd don’t you think Sambo’s or The Cracker Barrel would have been a more appropriate choice?”

    Thanks Brian. I just spit coffee all over my keyboard…

  42. Hey if you’re expecting me to clean it you got another thing coming!

  43. dnd

    How can Specter be the new leader of the Republican party if he switches parties?

  44. nannymm

    Back to normal, I see! Thanks, Brian. 😀

  45. chefsheila

    Spector should retire…I wonder if he still grabs female journalists breasts……

  46. dnd

    Cramer asks why stem cell research would be good for the economy. Here’s why: stem cell research holds a big promise for a diabetes cure. Not only does diabetes kill more people than AIDS and breast cancer combined, the medical costs for diabetics is estimated to soon dominate health care costs in the US. So curing diabetes with stem cell research will significantly impact the economy.

    You’d think a smart guy like him could figure that out…

  47. dog's eye view

    Cramer — and others — may have an epiphany on stem cell research if diabetes or another disease strikes closer to home for many of them.

    Sad that is what it often takes, but …

  48. chefsheila

    Cramer is as inept as 99% of 24/7….he’s not intelligent, he’s a product of the greed from Wallstreet

  49. the cops just said the shooter in Alabama got off about 200 rounds, what a proud moment for the NRA!

  50. dnd

    My sense is that the Bushaholics are pushing revisionist history to give their own participation in the administration an eventual positive spin.

    They are clearly well aware that the American people have a short memory that can easily be manipulated, using Reagan as the obvious example. How could a debt raising, tax raising, futile star wars program, Iran-Contra president who’s second term was a colossal failure now be revered as one of our greatest presidents? Propaganda.

  51. nannymm

    Vitter is a big cry baby, Brian.

  52. dnd

    Nannymm,
    Boehner is the crybaby. Vitter stimulates the economy by frequenting prostitutes.

  53. nannymm

    I stand corrected, dnd. And doesn’t Vitter increase the sale of Pampers?

  54. chefsheila

    They all do! They are all collectively !@#$-ing in their pants right now

  55. nannymm

    Is that before or after they eat their young, Sheila? 😉

  56. chefsheila

    Now and until they get a clue! 😆

  57. dnd

    I just saw Stewart on Cramer & Scarborough. For those who haven’t seen it yet, go to the bathroom before you do. It’s pee-yer-pants funny.

    BTW, mediamatters.org is now monitoring Morning Joke’s lies and half-truths. They’re not doing a great job, since it’s so easy, but at least they’re trying 😉

  58. chefsheila

    …bookmarking media matters!

  59. dog's eye view

    NY Times: Pope’s Letter to Bishops Cites Mistakes

    MADRID — Pope Benedict XVI has written an unusually personal letter to bishops worldwide explaining why he revoked the excommunication of a Holocaust-denying bishop and admitting mistakes in how the Vatican handled the case.

    http://www.nytimes.com/2009/03/12/world/europe/12pope.html?hp

    ====================

    Maybe he’s warming up for the letter he might eventually write to the people of Brazil, explaining why the full force of the Catholic Church — and excommunication, its form of capital punishment — was brought against those who tried to help a pregnant nine year old rape victim, while the child-rapist walked on a canonical technicality.

  60. Hey we just crossed the 80,000 hits mark!

  61. I’ve been thinking about why the president didn’t veto the omnibus spending bill. Truth of the matter with the way the economy is any delay in getting cash moving out of the door is very risky.

  62. Hi everyone,

    I think Cramer may be in some trouble, in this taped 2006 interview posted on Huntington, he spills the beans

    Jim Cramer Shorting Stocks, Manipulating Markets, Saying The SEC Doesn’t Understand

    http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

  63. Just watched – Stewart on Cramer –

    omg…so funny….thnaks!

  64. Oh, and off topic

    …. Biggest Loser Wednesday…… 😦
    gained two lbs….back to salads…..and water

  65. nannymm

    Just watched that Cramer interview, Burrito. He ought to be in jail. It’s guys like him who have screwed us all.
    I hope Jon Stewart spotlights that video.

  66. dnd

    Sra Burrito,
    Don’t worry about two lbs. It’s the journey, not the destination.

  67. dnd

    The reason Peter Lynch and Warren Buffett made so much money for their investors is because they focused on earnings and the business. The reason Cramer is on TV is because he didn’t.

  68. Watcing Michelle and Hillary on TV, and I have to admit for a moment I had that surreal sense and felt in awe that we had reached this point, a black first lady and a Sect of State who seems dedicated to doing the noble (there I said something nice about Hillary). Also it occurred to me, Michelle is very becoming a very powerful first lady, who ever thought of her doing the cabinet dept tour is a genius. I’m very much reminded of ER’s comment that since FDR was limited in his ability to get around he sent her out as his eyes and ears. I think we’re seeing that as part of Michelle’s role too. Also it’s been for me fascinating to see Michelle develop into a very skilled politician.

  69. nannymm

    This is more about Cramer and shorting stocks:
    http://www.dailykos.com/storyonly/2009/3/5/16720/74815

  70. Who says war doesn’t pay, over the last 10 days, our hits have gone up by about 30%.

  71. Steve

    Cramer’s a first class clown and has been for years. Why anyone would want to follow an idiot who yells and has funny buzzers for investment is a mystery.

  72. Steve

    I like the live traffic feed feature. See ya on facebook.

  73. nannymm

    Brian, do I hear a thank you for your foot soldiers? Or as we’re called by some, “the Manson Girls.”

  74. That’s Charlie to you, Squeaky!

  75. nannymm

    Yeah, Baby!!

  76. yeah I like the blog life traffic report too, fun to see where people are logging in from. If you click on the widget you can get more info.

  77. Steve

    I aint carving no “X” on my head

  78. Want me to do it for you hippster?

  79. nannymm

    Tweety is doing a pretty decent job going after Ari Fleischer.

  80. Man Tweety is really ripping into ari fleischer, very cool.

  81. nannymm

    Great minds….

  82. Steve

    Thanks but no thanks Brian

  83. nannymm

    Steve, can you see Alaska from your house?

  84. Didn’t mention it but Nanny, I like your kite pic….is that a “King of the Wind” kite? I have one just like the pic in my garage…. 🙂

  85. nannymm

    Thank, UB. It’ s one of my grandson’s kites. I bought it online from “Into The Wind.”
    http://www.intothewind.com/sessions/5a935ddedd1fd05cbb290d00bea571e8/index.html

  86. Steve

    I can see a barren wasteland of high unemployment and bad leadership, but it is South Carolina, not Russia

  87. chefsheila

    Oh Good…I get to watch Fleisher and Matthews

  88. chefsheila

    Barack Obama should say thank you everyday? To George Bush?

  89. chefsheila

    Chris how dare you? lol

  90. chefsheila

    Fliesher is dribbling koolaid

  91. Matthew’s is on-fire……good show.

  92. Thanks for that site, Nanny, kites can be fun if you get one that flies easily.

  93. dnd

    Nannymm,
    Beautiful kite. I think we need more people out flying kites and enjoying life.

  94. dnd

    Fleischer is a right wing tool. Waste of time on Hardball.

  95. nannymm

    My little guy (who is now taller than I am) and I love to fly his kites. I got him a trick kite for his birthday and we’re working on learning to do tricks. it’s alot of fun and we get to spend real quality time together. You can’t ask for more than that. 🙂

  96. nannymm

    Anon-P posted this on TM. It’s insane but these idiots are serious. Thanks for making us aware of this A-P.

    Chuck Norris claims thousands of right wing cell groups exist and will rebel against U.S. government
    http://www.examiner.com/x-2071-DC-Special-Interests-Examiner~y2009m3d9-Chuck-Norris-claims-thousands-of-right-wing-cell-groups-exist-and-will-rebel-against-US-government

  97. Well folks this has been our third best day so far 643 hits!

  98. Well I see our beloved AP is being torn into shreds on Trail Mush, I wonder if Craig has considered naming his new rules “Craig’s Little Red Book”.

  99. nannymm

    I tried to post on TM in defence of Anon-P’s point, but Craig is “holding my post for review.” Translation: He is not going to post it because it hits to close to home. He has an aversion to disagreement these days; he expects his posters to kiss his rear. For the record, here is the comment he is holding:

    “Whether you all like it or not, many of us who have left this site, or don’t post here often, agree with Anon-P. We feel that we are not welcome here because we tend to disagree with the rest of you most of the time. And while your words say we are welcome here, your actions in say otherwise. You can disagree if you like; but you can’t say that we don’t feel the way we do. Anytime you want to discuss this with an eye towards resolving the issue, especially you Craig, I would be happy to have that conversation.”

  100. Ari Fleischer Battles Chris Matthews, Calls Him “Shameful” And “Disingenuous” (VIDEO)

    http://www.huffingtonpost.com/2009/03/11/ari-fleischer-battles-chr_n_174082.html

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