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

To: Brumar89 who wrote (365898)	1/8/2008 10:16:49 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 1572219

"Its not a situation that if we elect Democrats, we will never have a recession." No it is not. The situation is more like if we elect a democrat we virtually guarantee that the coming Pelosi - Reid recession is much worse.

To: Brumar89 who wrote (365898)	1/13/2008 12:15:52 PM
From: tejek	Read Replies (1) \| Respond to of 1572219

That doesn't equate "we are now in recession" as you wish to believe. I never said we were. None of us, including you, know for sure. But the economic signs suggest we are heading in that direction if not already there. Perhaps. An eventual recession is inevitable. Economic cycles haven't been repealed. Its not a situation that if we elect Democrats, we will never have a recession. Recessions are not inevitable. The current economic problems result from using substandard lending practices to extend the housing boom. Had those lending practices not been used, the housing slump would not be nearly as deep. In fact, portions of the economy have been doing very well in spite of the housing slow down. Perhaps what was inevitable is that the incompetency/inattention by Bush to other areas of this country's affairs would ultimately help in the derailing of the economy. ------------------------------------------------------- Do you honestly think I want a recession? A dem is winning the presidential election with or without a recession. Perhaps you are unaware of your internal motivations, but yes. Well dude, a psychologist you are not. Once again, you are embarrassing yourself by making assumptions that have no bearing in reality. You Democrats seem awful eager for a recession which you are hyping for political benefit. Why not admit the obvious? Look.....you all have proven you are pretty inept when it comes to human psychology so I would suggest you give it up on this issue. Probably more than anyone else on this thread, I am very dependent on the economy doing well because trading stocks to the long side is my major source of income at the moment. ------------------------------------------------------ Let me shift the conversation a bit. If we are in recession or headed toward an imminent recession (I consider this a possibility), why would the solution be to raise taxes? I said to raise taxes only where needed to balance the budget. And if there were to happen I would mainly target the rich elite in this country. Any tax will have a depressive impact on the economy, will it not? Of course. If one is worried about a recession, why be eager to raise taxes? Particularly when the deficit is shrinking as the economy continues to grow. The spending of gov't monies in certain areas can 'juice' the economy and mitigate the effects of a recession. For an example, because of the weak housing market, many construction workers have lost their job. Using gov't monies to begin improving/replacing infrastructure that is badly deteriorated would provide work for those workers.