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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (511277)9/8/2009 3:22:44 PM
From: Tenchusatsu  Read Replies (1) of 1578933
 
CJ, > Google Paul Volcker before you make such an ignorant statement.

Let me revise what I said.

Hardly anyone considers the past three decades of economic growth to be solely the result of Volcker's policies.

> But, you could be right. We could be only postponing the inevitable. But we don't know that. We do know that doing nothing means a collapse.

Three decades of deficit spending and loose monetary policy has led to this mess, yet Obama wants to continue doing the same things.

How are we not postponing the inevitable? By invoking the name of Keynes?

Tenchusatsu
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