President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (128455)	12/5/2012 12:16:56 PM
From: tejek	Read Replies (1) of 149317

Japan's years of quantitative easing, forced financial repression, and Koo-nesian stimulus efforts are an altogether too accurate test-tube for the accelerated policies that Bernanke has engaged. No, it is not an accurate test tube. Japan refused to deal with several major problems facing their economy 20 years ago...........the weakness of their banking system and their refusal to do something about it, their low birth rate and their refusal to allow immigrants into the country. We are not Japan......not by a long shot.

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