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

To: Tenchusatsu who wrote (437106)	11/28/2008 1:24:43 PM
From: tejek	Read Replies (1) \| Respond to of 1574595

Ted, > Only ideologues believe gov'ts providing econ. stimulus is a nanny state. I never connected the two. I only point out that any mild recession is going to do nothing to "cure" the problem of overconsumption. People will think, "That wasn't too bad," and will go back to the same mentality that led to this mess. I wish I understood what leads people to overconsume. Since I tend to underconsume.....I think, its very perplexing to me. I don't know what your definition of a depression is, other than the 1930's, but I doubt you want the government to stand by while we have an extended recession, Japan-style. As I understand Japan's 90s recession, it was caused by the Japanese continuing to prop up their banks. I don't think any Japanese bank failed after the bank mess in the early 90s whereas the US let their banks fail left and right.....sort of what's happening now. So my question still stands. Other than a nanny state, what do you think ought to be the "cure" for overconsumption? Tax it to death........that's what we have done with cigarettes and smoking has declined considerably over the last ten years. That's what Europeans did with gas and they consume much less gas than we do and are more likely to use mass transit when going to work. I imagine anything we do is going to be a tough sell since we as a country are the best consumers on the planet.