Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (367843)	1/22/2008 11:36:21 AM
From: TimF	Read Replies (1) of 1576912

That doesn't amount to things being to bad. Profits go up, profits go down, economic slowdowns happen. Recessions happen from time to time, we may get one soon, or we may avoid one now, but if we do we will get one eventually. Every recession seems to have its own special factors, and each time these factors are supposed to be the reasons why now its a major crisis. It almost never happens that way. When stocks are going up, people start thinking their headed to the moon. When they are going down people panic and think the market is toast. Perhaps such extreme thoughts are a bit less wide spread about the economy in general (since its less volatile than the stock market), but a similar thing happens. When things are going well politicians look for new ways to spend all the new money. When they are going badly, they run around making stimulus plans and otherwise trying to be seen as doing something to respond to the situation. But "doing something" often means doing the wrong thing, or even if your doing the right thing its often to early, or more likely too late when conditions have already changed.

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