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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (613905)	5/31/2011 4:08:50 PM
From: combjelly	Read Replies (1) of 1576121

"So tell me why you're all for "borrow and spend" on a much bigger scale, if that's the reason why we got here in the first place." Because austerity measures when an economy is improving only reverses the situation. As I have pointed out. Of course, the Republicans would love that. They would run on a jobs platform that they would drop as soon as they gain control again. And we would be back to social issues and tax cuts with ballooning deficits and no hope of getting out of it. Just ask the Brits, who aborted their recovery with austerity measures. Just look at the facts. "Sure it is ... until it isn't." We are far from that point. Where will they go? The Euro? Which is in a rolling crisis and the growing certainty that Germany will bail? The yuan? Yeah, that will work. What? "Merely "taxing the rich" won't be enough." It is a start. It won't totally solve the problem, of course. "Gotta raise taxes on everyone, if you really believe in it." When employment is down and the economy has recovered, sure. The problem will be much less by then, anyway.

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