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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (575050)	7/5/2010 2:00:05 PM
From: i-node	1 Recommendation Read Replies (1) of 1570655

>> How is a recession ended without someone spending money?? Recessions end. They always have, always will. There is no evidence that spending money helps them to end, makes them end sooner, or does anything other than to take money from future generations and give it to the current generation to soften our hard times at the expense of our children. Business cycles happen. While there is evidence that tax cuts can jump start a sagging economy, there is absolutely ZERO evidence that wild spending by government does anything other provide temporary employment. Just as happened during the depression, when the government was all spent out, the depression started back instantly. Only winning the war, which provide the nation with a sense of confidence it could literally do ANYTHING, was able to bring the economy back. Obama doesn't provide people with a sense of confidence. As long as he is president, this economy is doomed. Even Obama supporters are afraid to invest their money in this economy. Hell, we've gone to 60% cash and 15% gold, and I have NEVER done that in my life.

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