dr barger welcome back to the program
tied to the tropical art i'd i wish you lived closer we can have a beer once in
awhile suck but i think that there would be nice
uh... any
handgun i wanted to get your cake on the this
so uh... don and and and i i think john sent you the link the the uh... this
blog
by uh... fellow bloggers unlawful combatant
and uh... his suggestion that
but he's got to really spot on economic analysis it seems to me anyway
new suggesting that
did he says there was no real new growth engine the brunt of the great depression
other than time and any says there's been no cause there was no cause for
g_d_p_ to expand the way i did since two thousand
he was driven by adept finance penning overvalued homes in derivatives
and so therefore the crash really
just kind of took us back down to where we normally would have been but because
we had all re calibrated ourselves
for the what we thought was the new normal about you know great growth
frenzy in the bubble when the bubble popped
enter this back down to the normal line
it seems so bad that we freaked out seized up stop spending that was just
below the normal i know that that kind of depression tappan and you are going
to get that out of the best time unless
unless we do something radical like change structural stop watching their
trade policies in
and uh... our trade you know i did change my government spends things
as we do the great depression i business making any sense to you
yet and i would make a lot of and uh... i i uh... that that uh...
dictators admittedly it yesterday
detective purdy or a good engine that could not have to
dialect
bilang
uh... there are no other good ended in the economy that good for the heart of
their profession
and uh...
and the government borrowing is not a good thing to have their doctor
media backline for the economy so
unless we have baking kitty form that i mentioned uh... alone will be forwarded
my email to charlotte today good morning
i'd like to add a reform that we are not going to come out of the three
fashionable
okay i've missed the email account that you can afford to me what what are the
reforms that your suggestion sir
well i i i would have been record-low although i work for you
that had been interviewer
nineteen eighty
i'd like to be one hundred and took a look
so basically it's a home run during the reagan revolution dot
in another part of the park were great
create greater trying out electric and magnetic fabric figured trial attorney
bed
then leading media
is trying to a company more than i read them they'll probably more people
uh... then not letting them then it would be a good idea of the things that
have been following the purchasing power company limited
either that or not
id photo
the remember coming that we have to get to know i'll quote
and i let me go that uh... but we are not going to come out of there
it sounds to me like what you're saying and boiler our listeners know if you if
you have a question for doctor batra
eight six six nine seven two chilam as our telephone number will be taking
calls for him uh... after the after the break
it's only what you're saying is rollback reaganomics
theflydrifter lag reaganomics rollback comply trying to go on the richter
linda program complied articulated clearly
cut to pick up another economically but uh... that uh... we have to do it all
back all that not that one little thing
uh... they're trying to do a provided that that that now
and if you're going to be if they did after by that time but they're far
enough a
whether that fit that looked at me
economical economy life support now and it should withdraw that
life-support
well collected
right well is speaking to you you don't
do politics uh... but the dot i do in from from where i'm sitting what it
looks like if the republicans are doing everything they can to freeze up
and end and destroyed the economy the united states between now and november
so that the the voters will blame the president ford you won't get re-elected
uh... without asking you to comment on the political
uh... motivation a bad
uh... used the economic reality of that in fact the policies that are being
promoted right now
by largely republicans although there are some democrats and for that matter
the president is talking about cutting spending
are these by these policies going to lead to
i hate double-dip recession to a l curve like nouriel roubini was ingesting the
new york times back in march
uh... you know
flat out uh... you know a decade of no-growth whatsoever disaster uh... you
know i i i know the great depression and where are we going
i think we are
if you're going to a double-dip but maybe even worse
because remember god
i let him perform without blind at the end of the economy
in a normal economy
employees i'm really glad that applies equally demand
event everybody know that supply should be part of the mandate to have imbalance
are deeply hidden in the economy
batman the economy of the book you have it in the advantage of government
spending
now narcotics far right at the front that i would be good demand black
dialect abiotic
val impropriety but i think that after you and because of that include inkatha
kennedy
and you know i did not have any problem we have no doubt
not going up north of bangkok thailand
for it looked like a thriving you or making that link windshield with bala
the temporary economy you'd academic spending time with that if it had to
keep writing
erotic it took me a copy of the u_n_ bad we lose
now they're talking about cutting the government spending probably cutting the
garment that's perfect
that means we're going to have and that allowed off nearly double a_ off
and i think that we could never in the profession right now we've seen uh... as
a result of m of
uh... the procession in part but
uh... in twenty five states
that our basic that are republican controlled we have seen taxes cut since
obama came into office
spending-cut and massive job layoffs of government sector employees
and in those twenty five states we have also seen g_d_p_ good down and
unemployment go up in twenty four states that are predominately
democratically-controlled we've seen tax-increases spending increases g_d_p_
co-op unemployment go down
it seems like a fairly straightforward laboratory
and and and for that matter yeah when you say give government debt i who could
be just be government spending have taxes
if taxes go up
and at that particular they go up on money that otherwise wouldn't be
circulate in the economy there are other wise be stashed in swiss bank to bank
accounts
they've been can't government spending play a role in this
uh... i don't
began attending can't deliver all the fact that we have to think about grief
as well as grief and portugal
that uh... i mean look at what what's happening there
it cannot
people are going indefinitely
uh... and uh... throw it that cannot happen that can't happen then
eggplant color that
yukon bar anymore and at that time interest rates
showed up
bender
tornado fighter economy full i wrote the depth of that thing would be too
conduct and ethics of sharply
animated backfire
and then gradually
uh...
interdepartmental forms
like raising the minimum wage
uh...
also cutting the budget deficit
rarely doctor crap warily
the threat we can bring our economy or other defects in the equity i could be
american economy problem
our liberty media football
group have been a problem
have not had a parent company that
but that didn't happen
we're talking about here on the other hand sailors said they were talking
about her doctor are you going to be right back
deep robert and baltimore maryland brother you are on the doctor robin
patrick you have a question for him
we'll come back we'll talk about drugs
uh... book talk about re you recommend to the past uh... t to uh... that she
was gold a corporate personal finances or hate it
and uh... i'm wearing uh... uncommitted jittery about the stock market now
and uh...
if i had a few bucks a night
that i do uh... irene
i'm thinking about uh...
uh... solar panels for my house
uh... actually where do you remember that so solution goals
uh...
and uh... that way i can take a classic rates of wealth accused of palm springs
and uh...
a different time uh...
uh... group
people expenses
uh... would you recommend that as as as a way to uh...
stamped with a personal finance regular and then ill keep in mind the doctor
boxer is an economist he doesn't do personal finance counseling kind of
things it's a very different thing but or doctor barbut thoughts on that
if he lost a western money to have full of single that uh... the honor's house
yeah i would like a good idea of the causa
it's good for all of the for economy provided in in in that area that i have
to get the attack it as well
so that's why i think with a pretty good idea
we we've talked over the years and you've been doing of regular on this
program for a further well over half a decade
and
uh... apologists how uh...
there are there are times it seems one commodities are going up and there are
times when
when equities are going up in commodities are going down like this
kind of cycles
uh... yet any quick thoughts on that we've
got about a minute happy we're going to use to have had been a very good in a
restaurant
no and uh... that have been declining that for a long time but not
by friday
that it you should buy panetta called maybe fifty fifty dollar that at least
ah...
they're not going to find out about and i know that you you had your goals
positions so you talked about that yeah i really really divided
well that's what i i i do in hindi
you can buy d_o_d_ start with you to do that goal word and then you can cancel
option ligated pleaded for a monthly income as rose right and and if the
crashes you you do you get you don't get hung out to dry
that'll happen protection
uh... binu
do you think the would just be parenthetical here do you think that
that commodities in general go away all these other things are are at an
all-time picker and are they going to continue with our week and then are we
seeing crew inflation
what one thurgood
uh... we don't know about this budget deficit debate going to be
my until that day but they're going to be
exactly kat
in government spending even if lowly dual pat v
and expedient
mhm and to approve it
that the carbon by that i mean company-wide
attendant a fifty billion dollar drug two hundred and fifty two hundred
billion dollars every year
bag that economy than leave
you double the profession then all of the collapse
although a little bit nervous because in order to have a different
doctor i would like your hands that will rejoin our commercial radio station
saying