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

To: michael97123 who wrote (438371)	12/5/2008 3:10:15 PM
From: tejek	Read Replies (1) \| Respond to of 1585457

My view is that we have one more month of super bad news and then things should move back up to normal recession levels. Few new jobs but less and less big numbers like today. Unemployment rate should creep up into the 7s. What i cant get my arms around is whether their is one more leg down in the markets. Markets are green right now......they are suggesting the worst is over. I find it hard to believe but what do I know. as an fyi. I am a supply sider in the sense that i think reagan was right on in solving 80s problem with supply side stuff. But this is not the time for shumpeter, its the time for keynes. The rt wing idiots on CNBC like santelli and berrujan rant on about supply side. Its exasperating for one who views economics in tactical terms, not strategic. So we are both keynsians now. What i ask of you and your left wing ilk (g) is to be open minded the next time when its shumpeter and not keynes. Dont become an ideologue. I am sick of all these economic theories......after all, they are just theories. We need to do what we need to do......and ignore bother the economic and political ideologues. Flexibility is what's need, not orthodoxy.