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Politics : Formerly About Advanced Micro Devices

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Bill
To: tejek who wrote (825284)12/24/2014 3:30:16 AM
From: i-node1 Recommendation  Read Replies (2) of 1578124
 
>> Of the four, only the US is in a strong recovery.

The US has had the strongest economy since WWII. No change there. It isn't surprising we would bounce back faster.

The part you and CJ and others like you don't get is that we are now essentially six full years beyond the initial crisis. We spent a trillion dollars trying to "stimulate" the economy starting just about that time. And as in the Great Depression, it failed. Keynes failed. And every last one of you who support that nonsense failed.

In the meantime, we have radically increased our debt -- a debt so great today there is no hope at all for it to ever be repaid (which means it will taken from future generation's standards of living). We were told if we gave him a trillion dollars it would solve the problem. And it only made the problem worse.

At some point you have to quit congratulating this ass for something he had no positive contribution to solving, and start to consider what might have been had we elected competent leadership. Those of us who understand the concepts of business call that "opportunity cost." And the opportunity cost is great.
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