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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (939366)6/11/2016 8:04:00 PM
From: Crony  Read Replies (3) of 1574854
 
Are you really this ignorant about economics?
Take away the $10 trillion Obama printed - we would've been in recession all this time. Have you ever heard of the wealth effect? This $10 trillion went into the stock market and propped it up. Just paper gains that spilled over to the housing and boosted consumer confidence. This all will evaporate the moment these extra trillions will stop flowing into the economy.
But democrats are smart: they would print trillions and economy goes better short time and ignoramuses are fed talking points about low unemployment and high stock market. And they know perfectly well this is unsustainable. And when the bubble bursts they would always find a way to blame it on republicans.

Are you saying we can print extra trillion dollars a year forever? Is this a sound fiscal policy to have a budged deficit of a trillion dollars? Or you are just a clueless parrot who memorized progressive talking points? Or is it just being a union guy who likes getting paid more than you are worth?
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