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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Little Joe who wrote (99643)	7/13/2009 11:04:48 AM
From: Steve Lokness	Read Replies (1) of 116555

The problem is he over promised. Oh come on Little Joe - when has a politician, any politician, not over promised. He blames the prior administration for everything and claims How long was Clinton blamed? and hardly any of the money has been spent. Soooooo, do you want him to spend or do you want him not to spend? You are arguing out of both sides of your mouth here. He has those on the left complaining his stimulus plan wasn't nearly enough - Krugman wanted him to spend three times this much. Even Buffett says we may need more spending. .......Then there is those on the right saying he shouldn't be spending so much, but giving tax cuts. BUT almost 40% of the stimulus was tax cuts. If he spends too fast conservatives will complain about reckless spending. ........But he is getting time. I'm not saying that is on purpose, but I am saying it is exactly what we need now. steve

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