Note to new commenters
For some reason I am getting a flood of comments. I won’t be able to approve new ones until tomorrow morning, but they will be approved and I’ll respond to as many as I can (on economic issues.)
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A slightly off-center perspective on monetary problems.
For some reason I am getting a flood of comments. I won’t be able to approve new ones until tomorrow morning, but they will be approved and I’ll respond to as many as I can (on economic issues.)
Tags:
This entry was posted on September 21st, 2011
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10 Responses to “Note to new commenters”
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21. September 2011 at 18:45
Real Clear Politics picked you up. 🙂
http://www.realclearpolitics.com/
21. September 2011 at 20:18
As did Krugman’s blog 🙂
21. September 2011 at 20:34
Scott and Krugman should cooperate more closely. While they disagree about the best way of getting the unemployment down, both agree that this should be done, and done now. Therefore on economic policy Scott has more in common with Krugman than with the Republicans.
21. September 2011 at 20:56
Therefore on economic policy Scott has more in common with DeKrugman than with the Republicans.
ROFL.
ROFL.
ROFL.
ROFL.
ROFL.
ROFL.
Inflation Hawk.
Scott and I agree on 99.9% of fiscal policy.
Even where he’d cut military, I would too IF the saved money flows 100% to income tax payers – not Dem voters.
There’s very little for you in a Scott Sumner Fed… he’d take 3% NGDP level.
That’s hard money baby.
21. September 2011 at 20:59
“As far as I can recall my record number of comments is about 10,000 in one day. I’m at 15,000 and it’s not even 4:00. And I haven’t done any posts yet (before this one.)”—–Scott Sumner.
I am delighted to see more people reading Sumner, one of the very top economics commentators going today. I hope new readers try to understand Sumner’s economics, and read allied bloggers that Sumner lists under “Sites I Visit.” The “market monetarists” have the most valuable contribution to make to our economy, if only policy-makers would listen.
But what do these numbers mean? I see dozens, perhaps even hundreds of comments in a day…but 10,000?
At any rate, I hope for millions of new Sumner readers!!!
21. September 2011 at 21:38
Why DeKrugman is a pig molester:
“Here’s how to read this: 40 percent of taxpayers with incomes between 30K and 40K pay more than 12.9 percent of their income in income and payroll taxes; meanwhile, 25 percent of people with incomes over $1M pay less than 12.6 percent of their income in these taxes.”
http://krugman.blogs.nytimes.com/2011/09/21/millionaires-the-middle-class-and-taxes-actual-numbers/
Those 25% ARE HIS PEOPLE.
Those 25% are people HIS TEAM gave “tax expenditures” because they wanted “green,” “minority”, “fair” bullshit.
EVERY “tax expenditure” is spooge on Dems face. They gave up the action!
Because the flat alternative is no favoritism and lower taxes across the board.
That’s a far right position. No technocracy. No favoritism.
dems wnt to pretend to be smart, so they grant exclusions.. which et Immelt ay no taxes.
Immelt and Obama and Buffet and DeKrugman OWN the problem DeKrugman says proves the rich get off scott free.
DeKrugman is a mental midget, what he does it NOT economics.
21. September 2011 at 21:42
Happy to see you’re getting the attention you deserve.
Your next post should be about foreign movies.
21. September 2011 at 22:07
Scott,
I don’t expect you to comment on this, but in case you’ll enjoy it:
http://www.newscientist.com/article/mg21128310.200-dont-blame-italian-seismologists-for-quake-deaths.html?DCMP=OTC-rss&nsref=magcontents
Some seismologists in Italy are facing manslaughter charges for supposedly miscommunicating earthquake risks. Apparently, the government in Italy needed to be told that scientists don’t really know how to predict earthquakes well.
What if someone could at least sue the Fed over their horrible forecasting? I think you make a compelling case that they’d be better off just using the market as their forecasting instrument.
22. September 2011 at 04:29
Also alphaville linked to you.
22. September 2011 at 07:16
Morgan and Liberal Roman, Thanks for the info.
FEH, His personality can also be a bit difficult. If he had Mankiw or Cowen’s personality, he’d be easier to cooperate with. But I do greatly respect his intelligence and intuition, which is first rate.
Morgan, Woolsey favors 3% and thinks we need about 9% over the next 12 months to catch up to trend from 2008. Looking at the markets today, I’d say we’ll come in a tad below 9%.
Thanks Ben.
Window Washer, I wish I still had time to see movies.
Mike, I saw that and had the same thought.
edeast, Yes, I saw that one, and have a new post on it.