View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Lokness who wrote (144051)	9/12/2010 3:03:07 PM
From: Mary Cluney	Read Replies (1) of 541777

<<<To keep up growing the economy by definition means it has to be faster and more than earlier. Of course Krugman is saying he wants the economy to return to what it was during the housing boom years >>> They have all (the Fed Chief, Obama, the great majority of main street economist aka Keynsans, and Krugman have said this over an over again. They have said they want to lower unemployment. The Fed mandate is to achieve full or near full employment (meaning 3-4% unemployment as acceptable). No one wants to be in debt. The way to get out of debt is to get people back to work. Getting people back to work creates demand for goods and services. Krugman, the Fed Chairman, and most economists are not wordsmiths making broad comments about culture and cultural phenomenon (like David or Mel Brooks). They back up their opinions with data that is now (because of computers and such)available to people and allow themselves to let data and information to form opinions. Fear, anger, and flowery speech is not part of the equation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next