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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (518901)10/7/2009 4:27:27 PM
From: Tenchusatsu  Read Replies (1) of 1577179
 
Ted, one problem is that Obama isn't actually doing much stimulating of the economy. (Those of you who claimed that "wasteful spending is stimulus" really have no clue WTF you guys were talking about.) Haphazardly adding another $500B to the federal budget went nowhere, especially since states had to drastically cut back their budgets (or raise taxes, or both).

I know what you're thinking, that Obama didn't do enough, which is why inflation is still a far-off concern. That would be the Krugman school of thought, but of course Krugman never saw a Democrat spending program he didn't like.

Tenchusatsu
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