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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (457444)2/18/2009 2:18:34 PM
From: tejek   of 1577467
 
> Normal? You consider the worst recession since the Depression as normal?

Let's not get ahead of ourselves.


Let me explain to you something.........the problem isn't that some of us are ahead ourselves; its that you all are behind.

At this point it is not the worst recession since the Depression. It may become that but it is nowhere near it at this point.

By several economic metrics, its the worst recession since the depression. For an example, housing starts in January were the lowest since records have been kept. Housing completions are the lowest since 1982 when the population was much smaller. It is now the longest running recession since the Depression.

And yes, recessions and depressions are "normal" in every sense of the word "normal".

Normal? Its not normal. We have them because someone fukks up.

As surely as we have earthquakes, volcanos, tsunamis and hurricanes, we will have recessions and depressions from time to time. And like those natural disasters there is little or nothing that can be done to stop them. You may be able to improve the situation on margins (much as you can evacuate areas of a hurricane before the fact). But you can't stop it.

Those are natural disasters....recessions are man made. Stop comparing apples to oranges.

And they aren't "caused" by something someone did.

And that is why you are a Republican!

What did anyone do that caused the Great Depression?

Read some history......you might learn something.
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