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Thread: Our Peoples Congress at Work

  1. #49
    Montana is offline TSP Starter
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    All mine is in Large Cap Value 25%, Foriegn 25%, Energy 30% and 20% Cash. All can be moved without penality within a day. No individual stocks. All Mutual Funds.

    Nice to have you back Rolo. Must have been busy with the house.

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  3. #50
    Rolo is offline Club TSP
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    muaha...I wish I were working on the house...I got this management seminar/class thing for six weeks...a lot of work...not much time for anything else.

    It's nice that people noticed.

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  5. #51
    Mike's Avatar
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    Dr_Dubious wrote:

    "Tax cuts decreased the revenue which in turn forced the gov to stop spending. The govt shut down. Remember the sheep on theCasa Blanco lawn crap? That was becausenone essential gov employees werefired. With Brentton Woods they could notrun a debt like the obviously can now.When the checkbook went negative they had to destory the checks."

    Uh, no. The government has never stopped spending. I always found the term "non-essential employee" to be hilarious. If you aren't essential, why the heck are you an employee there?

    "If you think consumer spending fuels the economy in the long run. God help you! It is like charging all your Christmas present in November with reckless abandon. Because in Jan the bill because due. Sooner or later you will have to pay it."

    It does fuel the economy. I have taken college level micro and macroeconomics courses. I think I have some idea as to what I'm talking about here. The only issue with consumer spending is how much is fueled by revolving debt.

    "History will repeat itself. You need to get your facts straight. YOU TRULY HAVE NO idea what you are talking about. You really don't and that is sad. Very sad."

    My facts are straight, thank you very much. Good to know that itdidn't take you very long to revert back to your more typical MTbehavior.

    "Btw: Your statement is what they want you to think. However economically and fiscally it is the dumbest thing you can do - YET WE ARE DOING IT."

    I agree, the government spends far too much money. Entitlement programs and other reckless spending will be the death of us.



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  7. #52
    cowboy is offline Team TSP
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    What are you trying to say mike? One paraghraph says the consumer spending doesn't fuel the economy, then the next says it is. I think right now that the US government is giving people jobs just to keep the money turning and about 75% of government jobs are just that. One thing I notice is a lot of people think they are essential and reality is, when their gone no one knows it. One thing about history is it sneaks up on you and it's there without u realizing it.

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  9. #53
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    I used a lot of quotation marks. I was saying that consumer spending fuels 2/3 of economic activity in the country, while MT was taking issue with that (and I went in alternating format with his quotes and my responses, which may have been confusing).

    I have no idea how many people are not essential where I work, but I'd say the number is fairly high. Most of the people working there are specialists and can only work in one limited area. If the workload isn't that high in that area, they cannot "float" to a busier area to help. There was a crosstraining memo floated out months ago, but nothing ever came of it...gee, I wonder why. I'd venture a guess that the place could be run easily with 1/4 - 1/3 fewer people if the remainder were all generalists.

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  11. #54
    cowboy is offline Team TSP
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    Mike wrote:
    I used a lot of quotation marks. I was saying that consumer spending fuels 2/3 of economic activity in the country, while MT was taking issue with that (and I went in alternating format with his quotes and my responses, which may have been confusing).

    I have no idea how many people are not essential where I work, but I'd say the number is fairly high. Most of the people working there are specialists and can only work in one limited area. If the workload isn't that high in that area, they cannot "float" to a busier area to help. There was a crosstraining memo floated out months ago, but nothing ever came of it...gee, I wonder why. I'd venture a guess that the place could be run easily with 1/4 - 1/3 fewer people if the remainder were all generalists.

    I'll tell you why. They aren't any busier than anyone else. They just want you to think their doing everyone a service. Most of the time most government shows a work load just to justify jobs. If you do your work you have no work load do you. Many government offices are based on workload.


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  13. #55
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    Mike wrote:
    Dr_Dubious wrote:

    "If you think consumer spending fuels the economy in the long run. God help you! It is like charging all your Christmas present in November with reckless abandon. Because in Jan the bill because due. Sooner or later you will have to pay it."

    It does fuel the economy. I have taken college level micro and macroeconomics courses. I think I have some idea as to what I'm talking about here. The only issue with consumer spending is how much is fueled by revolving debt.

    Not only does it fuel the economy, it is the whole premise behind the free-market system. duh. Otherwise, MT, what does fuel the economy?

    (watch, he'll say taxes...snicker)

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  15. #56
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    Cowboy - actually, since I work in a hospital, there is a workload. Any lab testing that the doctors order - whether it's inpatient or outpatient clinics comes down to us. The lab has several sections, though - and it's possible for one to get a ton of things to do in a short amount of time while one or more of the other sections has very little to do. As long as those other sections are populated by specialists, it is not possible for them to assist the busier areas of the lab. That is grossly inefficient and not cost effective.

    I could easily justify my job based on the hours I work (that nobody else wants) and the number of things I know how to do there. I'm actually a useful federal employee that would have little trouble getting a job in the private sector if I needed to do that (especially now that I've hit the magic 2 years of experience threshold). Once in awhile, I receive mailings from various places asking me to apply for a job with them... I even received one a few days ago telling me about supervisory job opportunities for people with 3 years of experience. Heh.

    Rolo - he could say a number of things... government spending, social security, who knows...

    Interestingly, in economic calculations, government spending is counted the same as individual spending. When it comes to the sum total of economic activity, spending is spending, after all. The only difference is that government spending is far less efficient than the private sector for the most part.


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