GDD-BR 2010 [0F] APIs Google Apps – Ryan Boyd
January 9, 2012 by Guest Author
Filed under About Grants
Google Developer Day 2010 Brasil
Senior administration officials answer questions on the President’s new jobs proposal. August 8, 2011.
How does it feel there on Brazil
Good talk. But this lecture should’ve had the words OpenID or authentication in its title…not really a general talk on Google Apps APIs. Still, good talk.
Many who are unemployed have stopped looking for jobs. The government only counts people as unemployed if they are actively searching for jobs.
When including those groups, the broader “underemployment” rate was 15.2 percent. That’s down from 15.6 percent the previous month, but still high. The figure has dropped for three straight months.
@mpbaker22 What the fuck are you babbling about, that was just an assumtion that stimulus had been 2X its original size and still this was just 11% of GDP. IMF, World Bank, CIA all had GDP at OVER 14.5T for 2010 but who cares. I never said govt. should be spending 20% of GDP/year. But clearly $862B for the stimulus and 2009-10 bailouts or 3% (=$862 B/ ($14T X 2 years))of GDP for those two years combined is not enough to dig an economy out of the biggest recession since the great depression!
@durhamdf and again, you know what crowding out is? Just because there is excess supply of labor doesn’t meant that when the government gives out jobs, they are giving out jobs to the areas of the labor market that are suffering. In a scenario with 95 percent unemployment, the 5 percent employed could be in say, computer science. The government hires 10 millions computer sciences. Unemployment stays at 95 percent, but the government hired 5 millions people.
@mpbaker22 HAHA Keynesian economics is called MAINSTREAM ECONOMIC THEORY because 99% of the economic cummunity follows its tenets! It doesn’t matter if the multiplier effect is smaller or bigger than we expect, there is ALWAYS a multiplier effect, unless every single person who gets a govt. contract just burries this money under their porch!You are just parroting the retarded tenets of austran economics that you don’t even understand! Why do you think that theory is taught only at clown schools?
@durhamdf again, you need to do the math. U.S. GDP in 2009 (the year in question) was 14.044 trillion, much closer to 14 than 15 trillion. Similarly, the stimulus bill itself was 800 billion, plus all the extra stimulus in the form of tax cuts, cash for clunkers, energy efficient tax cuts, etc. and we are well above 10 percent. Do you really think the government should be up changing spending by 20-30-40% of GDP on any given year. The amount of stimulus you suggest is just ridiculous
and the multiplier is always much less in reality than on paper. You seem to think that the magic multiplier is going to just solve all the country’s problems. You think every economist is on your side. This isn’t true at all. Hardly any economists agree with you. Where did you learn your economics. You seem to think you’re very smart, but you don’t know anything about economics.
Have you taken a single macroeconomics class and all of a sudden think you’re an expert.
@mpbaker22 (contd)…ANd again kid, do the math (and our GDP is closer to 15T but whatever) 1.6/14=11% not 20% dumb dumb. ANd how the fuck do you thik government is crowding out anything when demand is stagnated and WAY below supply capacity. You are absolutely clueless kid, why is it that all of the sudden every moron thinks they are en econ major? And Obama has created more PRIVATE SECTOR jobs since the end of the recession in 2010 than Bush did in HIS ENTIRE PRESIDENCY! Look it up.
@durhamdf first, it appears you know nothing about economics actually. Obama’s economic team claims it will create 2 million jobs (that includes the multiplier effect) It’s a well known fact that the person supporting their bill is going to exaggerate the numbers, regardless of political standing. So, yes, the number is actually 2 million, which comes out to $240,000/job. DO you really think that the economists that studied this bill, didn’t take into account the multiplier, contd
@mpbaker22 First of all you are assuming how many jobs the act will create in the FIRST round of the multiplier, how do you know that number? Second, take a single economics class buddy. What do you think when this money is spent by the govt. it is just gone?!?! NO! It goes through the multiplier effect as those who earn this money spend it, and it gets spent and taxed again and again and on and on creating growth at every level. Seriousy how is macroeconomics not mandatory in high school?
Furthermore, there is no logical reason to spend more money again. The American kills Jobs Act, will cost over $200,000 per job. Ask yourself, does that really make any sense at all. To spend nearly $240,000 on each job is absolutely ludicrous. Particularly when the private sector barely spends $120,000. That’s nearly twice as much as the private sector!
@durhamdf “This would have brought total stimulus for that year to probably about 20 percent of GDP.” you conveniently ignored that comment which brings it to 20 percent. and it wasn’t $15 T, it was 14. Also, the best way to cure the economy is to create jobs in the private sector, that isn’t debatable, it’s a known fact. It’s also a known fact that government stepping in results in crowding out. I didn’t say crowding out caused the recession, I said it wasn’t hte best way to fix it. contd
@mpbaker22 (3)(contd)…THAT is when govt. should cut spending and get out of the way. NOT IN THE MIDDLE OF THE BIGGEST RECESSION SINCE THE GREAT DEPRESSION WHEN THERE IS NO RISK OF CROWDING OUT COMPETITION! And where the fuck did you get that “most economists…think [GDP] was too big”? Yes our GDP was overvalued in 2007 because of overvalued hosuing prices. That doesn’t mean GDP was too big! HAAHHAHAH, what are you suggesting we need to actively work to shrink our GDP? LOL!!!!!
@mpbaker22 (2)(contd)…This is why govt. needs to temporarily fill this demand gap which will force companies to have to hire/invest to meet this demand. This in turn will lower the unemployment rate and increase consumption forcing companies to hire/invest a second time to meet this new demand. And on and on until govt. is competing with the private sector and begins “crowding out” competition. (contd)…
@mpbaker22 (1) How does $1.6 T=20% of $15 T. Your math is as shitty as your logic. Right…it wasn’t the collapse of the housing market that caused the 08 recession…it was govt. overcrowding? LOL! Half of stimulus was tax cuts; I don’t hear you calling the $3 T we lost in revenue from Bush’s tax cuts “spending”. Companies are sitting on record cash holdings b/c there is no demand for their products and banks are sitting on record reserves b/c there isn’t any demand for loans. (contd)…
@durhamdf Wait, what. most economists actually don’t think the GDP was too small, they think it was too big. There’s this thing called crowding out, which is exactly what occurred in 2009. So you are saying that the stimulus of 800 billion was too small, it should have been what, 1.6 trillion? This would have brought total stimulus for that year to probably about 20 percent of GDP. Do you really think government spending 20% of GDP on top of normal expenses is good?
@mpbaker22 no shit, stimulus one was WAY too small to have any sustained impact on our economy. Stimulus was 800 billion, ~ half of that was tax cuts and got put immediately into the savings of U.S. households. The other half, or 400 billion roughly, was a little more than 1/40th of our GDP…you really think that is going to stimulate anything?!? Don’t be a GOP sheep, See what the OVERWHELMING MAJORITY of the economic community has been saying from the begining, I.E. EXPANSIONARY FISCAL POLICY!
Vote no Senate on Jobs Act.
RESTORING THE AMERICAN DREAM: Search for free millions of jobs on the largest #1 job site worldwide, with over 50 million unique visitors and 1 billion job searches per month and is available in more than 50 countries and 26 languages, covering 94% of global GDP. We have jobs in every state county and city in the US. Plus job and resume posting. Find the job that interest you today.
To get started just Google ( Jobs Linked To You ) then start seraching millions of jobs
My name is Elias Jones and I am Running for President of the United States.
You might Not Read this, but I am tired of the lying and deceiving politicians that run this nation. The debt continues to rise and unemployment rates continue to rise to stay still, the Politicians do whatever they can to keep their pockets fed.
Please Visit my Channel and watch my Video: Elias Jones 2012 – Who will Lead?
The only thing to fix our unemployment is to ban companies and jobs from going out of the country, tax them 5 times more if they don’t come back and ban their products from coming back into the country.
@VoiceManJake Soooo, unless you own a fortune 500 multi billion dollar or at least 100 million dollar business. This bill is good for you. Im all in. About to start a small business with money saved from working from somebody else. This bill basically says that the govt will cut taxes to you employeer if they raise youre wages or hire more people. Furthermore, if you start a business and do some hiring or raise wages, then the govt will cut youre taxes. Whats wrong with that?
NEW VIDEO:
“Obama’s Jobs Act F-BOMB!”
Obama drops the F-bomb during his Jobs speech!
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RESTORING THE AMERICAN DREAM: Search for free millions of jobs on the largest #1 job site worldwide, with over 50 million unique visitors and 1 billion job searches per month and is available in more than 50 countries and 26 languages, covering 94% of global GDP. We have jobs in every state county and city in the US. Plus job and resume posting. Find the job that interest you today.
To get started just Google ( Jobs Linked To You ) Then start your job searching,
here are some facts about the homeless by race. It’s not only the colored communities as this person that asked the question so intelligently put it (sarcasm intended)
Ethnicity[19]
49% are African American (over-represented compared to 11% of general population).
35% are Caucasian (under-represented compared to 75% of general population).
13% are Hispanic (compared to 10% of general population).
2% are Native American (compared to 1% of general population).
1% are Asian-American
Obama 2009 – “This plan will put people to work rebuilding our crumbling roads and bridges, our dangerous — dangerously deficient dams and levees.”
Obama 2011 – “Pass this jobs bill, and we can put people to work rebuilding America. Everyone here knows that we have badly decaying roads and bridges all over this country.”
Guess the 2nd stimulus didn’t do it’s job eh?