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


To: Tenchusatsu who wrote (458335)2/21/2009 4:04:28 PM
From: Alighieri  Read Replies (2) | Respond to of 1573827
 
I think that's understood by those in the know, but what exactly is "it"?

I don't think so...what I hear is cynical critical non sense about the stimuli and bailouts as if there are alternate options that would yield immediate results.

To him, that's what "it" is, which is a lot more well-defined than what other supporters of Obama can come up with.

Well, to me "it" is a gradual decline is job losses, reports of better flowing credit, a reduction in the number of foreclosures, a few up days on on wall street, and so on.

Personally I don't think that's going to go anywhere. All it will succeed in doing is greatly expand federal government, and we'll still be stuck in a credit-freeze. Resussitating banks is one thing, but getting them to lend again is yet another
Fine...you are entitled to your opinion, but your side lost the elections, so you get to ride this train with the rest of us. Can y'all do it with a little less harmful noise?

Al



To: Tenchusatsu who wrote (458335)2/21/2009 7:41:00 PM
From: combjelly  Read Replies (1) | Respond to of 1573827
 
"Too bad I can't think of any easy way to do that, even if I were in Obama's shoes."

Gotcha.

If it isn't easy, it isn't worth doing...



To: Tenchusatsu who wrote (458335)2/21/2009 7:53:15 PM
From: michael97123  Respond to of 1573827
 
Nothing about pendelums and whether supply or demand side. My pendelum has to do with 80s and current crisis. In 80s, demand was impacted by american supply side had been harmed by high taxes and loss of productivity and creativity. Reagan and supply side addressed this and two years later, economy revived and continued upward until 2000 for the most part.
Today business raring to go but cant find enough consumers to grow, thus layoffs. Banks cant help as much as they need to for obvious reasons. Housing in the toilet. What to do? Get money in peoples hand thru tax cuts and employment programs, fix the bank mess and staunch housing bleeding. This is what obama is trying to do. Will it work, Dunno. Do you have something better to offer? Havent heard it yet and although i think some of your ideas are good rush repubs have their heads up their collective arses. I am not against supply side. Lets keep taxes as low as possible but also lets not fool ourselves into thining that a three point raise in end rates above 250k is a huge deal or that a 20% dividend rate changes everything. Neither do.