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

To: Road Walker who wrote (360502)	11/27/2007 7:34:59 PM
From: combjelly	Respond to of 1573227

"Budget deficits are really bad for the economy. The twin deficits are a killer. Look at the dollar." Yep. Like I have been saying, we even have a relatively recent example of how the whole thing works. But we have too many who are apparently convinced that it was a special case then.

To: Road Walker who wrote (360502)	11/28/2007 10:46:26 AM
From: SilentZ	Read Replies (1) \| Respond to of 1573227

>It you could carry Ron Pauls intellectual jock strap you would be screaming bloody murder right now. Enough with Ron Paul... he's a total loon. I don't care if he's against the war; liberals should not like him. -Z

To: Road Walker who wrote (360502)	12/1/2007 7:31:58 PM
From: TimF	Respond to of 1573227

Data? Are you making that "equivalent" up? So I need to present data to say that taking a dollar out of the economy is taking a dollar out of the economy. Really if I said the sun rose this morning you would ask me for a link... It's funny to watch a self proclaimed libertarian twist logic like a pretzel to support deficits. Dead weight loss from taxes, is a very mainstream and throughly, in fact near universally accepted economic idea. Its also one that is particularly relevant to the economic thought of libertarians. No twisting of logic here, nor anything that should surprise you to see from a real or a self proclaimed libertarian. LOL. It certainly hasn't had an impact on the profligate spenders. Not certain at all in fact far from it. It apparently has had an impact on the profligate spenders. It doesn't stop them from being profligate, but it does keep them from spending even more. Budget deficits are really bad for the economy. And taxes are as well. The real harm is from the extra government spending which requires one or the other or both.