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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (453314)2/2/2009 12:32:14 PM
From: i-node  Read Replies (2) of 1575758
 
The simple truth is that DC is over-reacting to the economy. It may be bad, but unemployment still isn't approaching the historical levels that caused great difficulty in the country.

The idea that the federal government can fix every downswing in economic cycles is just absurd. Shit happens.

The current economic trouble, to the extent there is any, is a result of a crisis in consumer confidence -- due in no small part to the elections, in which Democrats bashed the economy for months on end as they do every election year when they're not in power.

So, how is a crisis in consumer confidence helped by DC showing the public it is in a panic? When Obama tells Americans, "It is bad and it is going to get a hell of a lot worse" -- basically, an effort to scare people into supporting a liberal spending agenda, the economy is going to deteriorate.

So, any positive signs are totally disregarded in favor of negativity. When Obama has gotten his bill passed, he'll start talking the economy up and it, magically, it will improve.

You get how this works?
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