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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (711971)4/28/2013 6:14:00 PM
From: combjelly  Read Replies (1) of 1571947
 
Fear mongering. We had a much higher debt to GDP ratio at the end of WWII. Likewise Japan has a much higher one than we are likely to have any time soon. They are in a liquidity trap and deflation, not the inflation you claim they should be suffering.

Face it . The version of economics you favor fails in the real world. Always has. Reaganomics was supposed to result in a growing, vibrant middle class and rising wages for all.What did we get? A shrinking middle class and growing poverty for all but the upper class.

Austerity is just more of the same.
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