Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (534932)	12/7/2009 11:41:12 AM
From: i-node	Read Replies (2) of 1575549

Even in your hyper partisan hallucinatory state you will admit there was at the least a risk of a depression, right? There's always a "risk" of a depression. Some thought we were heading to one after the Clinton bubble exploded. Where is the evidence that government spending can avoid a depression, anyway? You may be able to put off the inevitable. Or you may dump a future depression on your own kids that is much deeper and even more tragic. It is naive to assume that the core problem in our economy -- a general fiscal irresponsibility within government -- can be cured with a $700 Billion short-term loan. Doesn't work that way. These are systemic problems that are not fixed, just masked by an infusion of cash. We still have $12 Trillion in hard debt, $50 Trillion in unfunded liabilities for social programs that have effectively collapsed into insolvency, and no leadership that is capable of bringing us out of the mess.

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