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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (475917)	4/28/2009 7:45:42 PM
From: Steve Dietrich	Read Replies (2) of 1573695

You call that stimulus, I call that pork. Ideally stimulus money would be spent wisely and productively with long term and short term benefits. But all government spending is stimulus. That's the point, that's what stimulus is. The government becomes the consumer when economic conditions cause the public to stop consuming. Now the Democrats are running up spending faster than Bush and Cheney could. But the Democrats are executing classic Keynesian economic policy whereas the Republicans were betraying everything they pretended to believe in. Can't you see the difference? During the 90's expansion, when Clinton was President, our fiscal health improved greatly. Bush and the Republicans can only dream of being able to say that about the last expansion. The Democrats will have their day of reckoning as well. It will all begin once the Baby Boomers retire starting next year. Doubtful. I think Obama represents a major sea change the way FDR did in 1932 and the way Reagan did in 1980. But we'll see... SD

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