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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (574484)7/3/2010 5:53:30 PM
From: Alighieri  Read Replies (1) of 1576951
 
There you go, that's my defense.

You have some balls telling me I don't know jack about this topic...and then come back with this predictable shallow diatribe...the stimulus debt is non recurring and a small percentage of the national debt while legagy and recurring debt is deeply institutionalized and lond standing. If you were to cut the stimulus, the national debt would decrease by a couple of percentage points, maybe...that's assuming that the country would not be thrown into a depression as Krugman postulates, then the effect on the national debt would be catastrophic. So then, to use debt as a defense of your argument you would have to be a proponent of deep cuts in national spending NOW...at a time of deep recession. Are you prepared for the consequences of taking such an initiative?

Al
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