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Politics : View from the Center and Left

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To: greenspirit who wrote (105623)3/7/2009 2:01:24 PM
From: NAG1  Read Replies (2) of 540852
 
Michael,

It is an impressively sized list. The thing it points out to me is that there are probably too many economists. I wonder how many economists(on the list and off this list) missed all the bad things that were going on in the economy, at least until it was too late. Honestly, even the ones in the present administration that missed it all and are now in the cleanup phase, how many of these should be in government and shouldn't we have picked those that tried to call attention to the problems coming up.

The one thing about Roosevelt and I think it is also true about Obama, is that they realize something needs/needed to be done and they are/were not dogmatic about it. Things need to be tried. If some things don't work, ditch them and try something else. But to do nothing because nobody can really tell if it is the right or wrong thing will, in my opinion, prolong the problems we are facing. I think this quality is important in these times. I think there is going to need to be some trial and error practice to see what does and does not work. Anybody that says that they know exactly what to do and how to do is not being honest.

JMO though.

Neal
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