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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (549821)2/14/2010 3:41:22 PM
From: SilentZ  Read Replies (1) of 1572157
 
>Being in sheer ignorance about the federal deficit isn't a "plan" in my book.

Nobody's in sheer ignorance about the federal deficit. But it shouldn't be concern #1. I hate using home budgeting analogies because they fail in so many ways, but if you were faced with a choice between losing your house or dying from cancer or taking on debt, would you not take on the debt? Sometimes debt is OK. All things being equal, you'd rather not have it, but the well-being of the country and its citizens has to come first right now. Spending on those things are not is not a waste of money. Now, spending on the wars we've been figh

>Maybe you're looking forward to higher interest rates down the road. I think I ought to position myself for that inevitability. That or inflation.

Go for it. But given where interest rates and inflation have been the last few years, we can afford some rise in both. What we need now is higher employment and a less panicked populace.

>Chance favors the prepared mind ...

Thank you, Confucius. (I almost typed "Confusius," which may have been more apt)

-Z
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