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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (508370)	8/28/2009 12:21:08 AM
From: i-node	Read Replies (1) of 1577111

>> No kidding the minority. The minority would say, I'm sure, that we had a bank liquidity crisis (which we all agree about, I suppose); most of those may agree that Bush's TARP program was essential in salvaging the economy. From there, your claims breaks down. The number who believe we needed, or should have passed, an $800 Billion stimulus is, no doubt, a much smaller number. And it pretty much breaks down into the liberal vs. conservative categorization -- the Krugmans want socialism, the Laffers want capitalism. You are really over-reaching with your suggestion that there is broad agreement about the stimulus package. Every competent economist who isn't a liberal today believes the deficit and debt Obama has created are huge problems. The concern over future inflation is, as it should be, very real. And the idea of dumping $100M/day in interest cost on American kids is so obviously wrong even ordinary people -- non-economists -- can see just how bad it is for our economy. You continue with your hyperbole about the economy, but the fact is, nobody believes that crap but you.

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