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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (705054)3/21/2013 11:39:30 AM
From: combjelly  Read Replies (1) of 1572171
 
You both are moving the goalposts.


Not really.


Back then, $400B/year was too high, and neither of you ever admitted the Bush economy was doing OK.


Not true. We did point out that with deficits that high the economy should do better. But, military spending is known to be less stimulative than other spending because the money tends to wind up in the pockets of people who invest it. As a result, it was a very uneven economy that things benefited people disproportionately as you went up the income scale. Seems that is very characteristic of what happens when you implement Chicago School style reforms. It has happened every time. For an emerging case, look as Estonia.


Now the deficit is $1.2T/year, but the economy is doing just fine thanks to Obama.


Two points

a) The deficit is not $1.2 trillion. Hasn't been for a while.

b) When the deficit was $1.2 trillion the economy was far from doing fine. It still isn't doing fine, although that may change next year.

There is only one thing consistent in your argument, and it is partisanship.


No, it is called ECON 101. Which you apparently missed.

However. your arguments are Republican talking points...
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