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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (275051)2/17/2006 4:06:01 PM
From: Tenchusatsu  Read Replies (1) of 1572618
 
Ted, But then you have the Roberts article that points out that this recovery has been the weakest statistically since WW II.

Like I said, Ted, it's a great article, one which we should all take note of.

However, I'm still of the belief that any recovery is better than none at all, and that considering the excesses of the dot-com bubble, the recession which followed was rather mild and could have been worse. Some on this thread would argue that we should have taken more short-term pain for long-term gain, but I don't know of ANY politician who would have the balls to do just that. Maybe Jimmy Carter, but look what that did to his political career, and it could be argued that what Carter did was more harmful than helpful.

Meanwhile, I'm still wondering how we're going to go forward now that the economy is pumped with real estate dollars. One would think that inflation is a huge concern here, but that still hasn't materialized. Just ask Jim McMannis; I remember him predicting inflation all the way back to 2001.

Tenchusatsu
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