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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (510853)9/8/2009 1:15:34 PM
From: Tenchusatsu  Read Replies (2) of 1578927
 
CJ, > I believe in policies that work. I don't give a fig about ideology or make believe.

Hardly anyone considers the past three decades of economic growth to be a product of the Carter years. You would have to "suffer from ideology or make believe" to think otherwise.

> And debt. You keep forgetting that part. It should be no great surprise that if you engage in deficit spending, the economy gets stimulated. But what happens when the bill comes due? Deficit spending can work with few ill effects if it is short term. When it goes on over an extended time, it causes problems. As we now see, even getting outsiders to fund the deficit spending eventually runs out of steam.

The bill has come due. All we need now is an administration that admits it in action as well as words. I don't see that.

Tenchusatsu
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