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Politics : View from the Center and Left

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To: Katelew who wrote (139937)	6/29/2010 12:36:39 PM
From: Steve Lokness	Read Replies (1) of 541937

Katelew; As to Ireland; As in the housing market, everything is great in a boom - until the collapse. The problems in Ireland don't you think are a result of their past policies of rapid unsustainable growth? The problem is now what do they do? As to the speed of deleveraging - I wouldn't argue. My greatest argument is not the speed, but that more of the same isn't the answer. From the piece; “But we don’t have the flexibility to do a spending stimulus now. There’s no one who is even arguing for it.” Except people like Krugman.

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