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


To: Road Walker who wrote (454652)2/6/2009 1:17:51 PM
From: d[-_-]b  Read Replies (3) | Respond to of 1574683
 
Forget the markets, we're talking about the economy

As if they're not related.

The bad debt is a symptom of deflating assets

Or inflated prices - bubble bursting, which due to poor lending practices (zero down, adjustable rates etc) turned into a disaster.

The only way out is to increase economic activity, and with it demand.


To increase demand you need to put money in the hands of the consumers - one way that works quickly is to take less from them in the form of taxes. It's a 1:1 transfer, spending future money is the trickle down model libs despise.



To: Road Walker who wrote (454652)2/6/2009 1:17:55 PM
From: michael971231 Recommendation  Read Replies (1) | Respond to of 1574683
 
If they admit its demand stupid, their arguments all fall apart. If you remember i was one of those dudes always arguing about killing the golden goose. The goose is fine, its the gander we have to worry about. Its a buyers strike out there which is forcing more unemployment and foreclosures and not the other way around. It might have been at the begining buy not now.,