Culture Wars Era - is it moving into its final phase?

[David Horn]

(01-27-2017, 01:25 PM)Warren Dew Wrote:

(01-27-2017, 08:21 AM)David Horn Wrote: Crowding out, which is your argument, has a tell tale sign: high and rising interest rates.  If money is in short supply, then the demand triggers rate hikes.  In other words, if you want my money, you'll have to pay me for it!

That didn't happen.  It's only starting to happen now, and it's still mild by historical standards.

Have you ever considered checking for actual facts before making your false assertions?  Or is using facts too much of an alternative method for progressives?



Rising interest rates, exactly when you would expect from the private sector being crowded out by deficits from the bailouts, "stimulus" bill, and other ill considered spending of the time.

Unless business borrowing consists primarily of credit cards, this is not important.  In fact, higher credit card rates are based solely on the demand side, and tend to show that the economy is reasonably healthy.  For business borrowing, the Federal Funds rate is a better measure, because it marks the underlying cost to banks of money they lend. 



It's basically flat at near 0% ever since the Great Recession began in earnest.  It's still below 1%.