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Politics : Formerly About Advanced Micro Devices

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TideGlider
To: combjelly who wrote (794461)7/9/2014 3:12:22 PM
From: i-node1 Recommendation   of 1578342
 
>> When you have a $2.3 trillion hole blown in your economy and the globe is on a fast train to a depression, that is not the time to be worried about your debt load. Add in that we were trying to untangle ourselves from not 1 but 2 totally gratuitous wars that were on the credit card and there is just no way to avoid more debt. This is why it is a bad idea to run up the debt when the economy is doing ok. But, hey. Deficits don't matter...

This is just nonsense. There is no evidence there was any "fast train to depression." That is liberal crapola. It was a recession, exacerbated by stupid economic policy starting 1/20/09.

We saw the same kind of idiotic policy turn the Depression into a decade-long decline. We know what it does. And Obama's policy did precisely the same thing. And we're not out of the woods yet on this downturn because of it.

You guys just don't learn for some reason.
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