SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (447597)1/14/2009 5:34:13 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1576160
 
Al, > Well, yes they are...and this one is really bad.

One reason why this particular recession is really bad is because we've become so good at cutting short all the other recessionary periods we had. Essentially all we did was delay the inevitable.

Hence it's a useless exercise to find someone or something to blame for the current recession. Even cutting short recessions isn't necessarily the wrong thing to do, depending on what your goals are in the short, mid, and long-term.

But I think we can look at this current recession not as proof of failed ideas, but as an opportunity to purge excesses that's long overdue. It's going to be painful, especially for those without a job, but hey, I'd rather be a "heartless conservative" than an idiot who trades long-term growth for short-term relief.

Tenchusatsu



To: Alighieri who wrote (447597)1/14/2009 6:22:22 PM
From: tejek  Read Replies (1) | Respond to of 1576160
 
The normal economic cycle can't be trusted? Government knows better than the free market?

This must be the resignation of a "conservative" I suppose.


If the free markets dictated that you must have your butt smacked six times every nite, they'd go for it. In fact, I see little difference between the Shia and free market capitalists.