Thursday, January 26, 2012

models and mechanics

keynesian multipliers
are the various  dash board settings critica ?

no

do macronauts need to consider the trade off between speed and efficiency ?

yes


the now infamous ziffle memo of december 08

got the answers to  this pair of questions
exactly  wrong

speed of arrival atthe target  and target selection itself
were the essential tasks

state a pathway back given several sets of "other" spending patterns
---spending of course on just now produced products---

"other" ?

corporate household and foreign


plus all levels of gub spending
and gub taxing

set a time line
choose a middle varient and inject thru the transfer system
payments and tax rebates

but only the first 4 quarters
with a 2 quarter out adjustment  node

and no additional gub spending

the health system the  payroll system the retirement system
the unemployment and low income systems can all be engaged immediately



the revenues from any taxing system at all levels can be replaced
with federal borrowed funds

each state getting say
cola corrected per capita payment
ie equal real purchasing power