SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (508314)8/27/2009 11:53:29 AM
From: i-node  Read Replies (1) of 1577839
 
Those who think Obama walks into office, waves his hands, sprinkles magic dust, and the economy is all good, simply do not understand the issues.

If the economy was the big mess you all claim it was late in '08, nothing has happened to improve that. And in fact, pretty much everything that has happened, long term, will exacerbate the problem.

RW is shouting that Obama has "saved us from a depression", but that is well beyond naive and can only be considered as an ignorant claim. If he saved us, give us the unspent stimulus back.

The reality is that we're not out of the woods. Or even close. You cannot add trillion up on trillion to our debt without consequence.

What happens when the interest on our debt exceeds any hope of our ability to pay? Has any one of you even considered that? This is on the horizon. At some point, the house of cards collapses.

Yet Obama only wants to increase our debt.

It is insane policy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext