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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (102364)1/29/2009 3:59:52 PM
From: Steve Lokness  Read Replies (1) | Respond to of 542147
 
Paul;

if there are no jobs, people stop spending, then more layoffs, still no jobs, less spending, more layoffs still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, and everything grinds to a halt which is what you prefer.

What you describe is very noble and very true - but it is a safety net that you seem to want and argue for. Safety nets are fine and may very well be needed - BUT, it is not a stimulus plan to get the economy moving again.

You are talking about a solution to a crises, I'm talking about trying to prevent the crises.

steve



To: Paul Kern who wrote (102364)1/29/2009 4:05:47 PM
From: Steve Lokness  Respond to of 542147
 
Paul;

How bad is it?

4.bp.blogspot.com

Lowest prices since 1891 when records started. If that chart - which doesn't show recent weakness down to 140 - doesn't scare th4e beegeebees out of a person - nothing ever will.

steve