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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (704414)3/19/2013 3:34:19 PM
From: Tenchusatsu  Read Replies (3) of 1571993
 
Z,
How does losing 700K jobs and lowering GDP growth lead to economic recovery?
Because when those jobs are "created or saved" at the expense of fiscal stability, economic recovery is impossible to maintain.

John Fowler used to complain about the "credit card economy" and how deficits of $400B/year was pumping funny money into the GDP.

Tell me how his argument doesn't apply today, especially now with the deficit pumping over $1T/year in funny money. Oh wait, never mind, as long as that money is going toward liberal programs, it's all OK ...

Tenchusatsu
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