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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (451796)1/28/2009 12:06:28 PM
From: Tenchusatsu  Read Replies (2) of 1575410
 
Michael, > Today we have a president who for as much as one can understands the demand side nature of this recession. Thus the opposite remedy.

This isn't a "supply vs. demand" argument. This is a problem of too much debt waterlogging the system. In other words, plain old overextending. And that applies equally to both the supply and the demand side of the equation.

Classic thesis-antithesis-synthesis progression:

Thesis: We're all Keynesians now.
Anti-thesis: Supply-side economics.
Synthesis (which becomes the new thesis): Fueling both supply and demand.
New anti-thesis: Too much debt is bad.
New synthesis: ???

Tenchusatsu
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