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Politics : Formerly About Advanced Micro Devices

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To: American Spirit who wrote (273068)2/9/2006 2:25:11 PM
From: AK2004  Read Replies (2) of 1573909
 
re: don't cheat by using deficit spending as your only tool to create a growth

there is nothing wrong with borrowing as long as the net effect is positive

re: since JFK

large (huge in fact) portion of the current problems float from JFK's programs that did not take into account basic actuarial consideration of mortality improvements. JFK was borrowing from the future to pay for his popularity but he just did it in a less transparent way

re: There was no serious recession at the end of Clinton's term

unemployment started to rise and economy changed direction from going up to going down.

re: simply an implosion of dot-com stocks

so you select what counts and what not
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