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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (275056)	2/17/2006 6:23:03 PM
From: tejek	Read Replies (2) \| Respond to of 1572586

Ted, But then you have the Roberts article that points out that this recovery has been the weakest statistically since WW II. Like I said, Ted, it's a great article, one which we should all take note of. However, I'm still of the belief that any recovery is better than none at all, and that considering the excesses of the dot-com bubble, the recession which followed was rather mild and could have been worse. The recession that followed was mild because the "excesses" of the dot com era were not nearly as bad as you would lead us to believe, and in fact, the economy had experienced 8 long years of some of its best growth in decades......that's why the recession was so mild. Some on this thread would argue that we should have taken more short-term pain for long-term gain, but I don't know of ANY politician who would have the balls to do just that. Maybe Jimmy Carter, but look what that did to his political career, and it could be argued that what Carter did was more harmful than helpful. Not to worry, the recession that follows this 'recovery' will be very painful. Meanwhile, I'm still wondering how we're going to go forward now that the economy is pumped with real estate dollars. One would think that inflation is a huge concern here, but that still hasn't materialized. Just ask Jim McMannis; I remember him predicting inflation all the way back to 2001. Well, you know Jim, he has Republican roots. He gets on these tangents that don't rely on a lot of fact. If Clinton's capital gain's tax concession were all we had to worry about......it would be a very wonderful world. ;-)