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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (613443)	5/28/2011 3:30:08 PM
From: combjelly	Read Replies (2) of 1576529

"I can tell you that it's going to take more than liberal hypocrisy and blame games to fix this mess." Gotcha. The Republicans screwed this country over, but we are supposed to ignore that and embrace their solutions which look very much like the same policies that got us here. Otherwise, we are playing a blame game... You think this makes sense? I can understand why the Republicans would prefer that, after all they were the ones who caused the problem. "I have never seen you, Krugman, or any other pseudo-Keynesian argue against the Bush deficits in this context." Then you have only selectively read the literature. This is precisely what is at the heart of Keynesian economics. Along with raising taxes to pay down deficits when times are good. "Funny how those negative consequences simply disappeared once Democrats got into office" They don't disappear. It is just that since Reaganomics, the Democrats don't promise borrow and spend policies when they are running. So when times are good, they don't get elected because everyone likes a tax cut. But, when the economy craters, people want change and the Democrats gets saddled with a crap economy. When things improve again, tax cuts!!!

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