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

To: d[-_-]b who wrote (454656)	2/6/2009 1:20:59 PM
From: michael97123	1 Recommendation Read Replies (1) \| Respond to of 1574747

"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." thats like a time release capsule when what you need is an injection directly into the blood stream. I think you are too smart not to see what john and I are showing you. Before September, actually later than that, i would have agreed with you and your solution might have worked. Too late, patient in demand side coma, not supply side modest recession.

To: d[-_-]b who wrote (454656)	2/6/2009 1:31:50 PM
From: Road Walker	Read Replies (1) \| Respond to of 1574747

Forget the markets, we're talking about the economy ------------------------------ As if they're not related. Not in one day they aren't. 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. You want to talk about the problem solution or not? 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. Won't work, people (and companies) are hording money. It's nothing like 1:1 and the stats prove it. If unemployment keeps increasing we will have more foreclosures and other bad debt, which will ead to more job loss, which will lead to more foreclosures and other bad debt ... ... ... Need to stop the cycle. I'm not sure we can, stimulus plan or not.

To: d[-_-]b who wrote (454656)	2/7/2009 2:54:46 PM
From: tejek	Read Replies (2) \| Respond to of 1574747

Forget the markets, we're talking about the economy As if they're not related. So what that they are related.....it makes no difference. 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. Yes, and what's key now is to put a bottom under the value of those bad debts. And the only way you do that is to stop the freefall in housing and stabilize prices. 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. Do you not read the media? Americans are saving like they have never done before. Give them a tax cut and it will go into their savings account. Give more people jobs and the unemployment rate goes down, making people more confident.