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

To: Road Walker who wrote (461779)	3/6/2009 9:02:48 PM
From: TimF	Read Replies (2) \| Respond to of 1576865

I didn't think we where in a recession when we were not in a recession. I never said "everything is peachy", I said words to the effect that we aren't facing a major disaster or something like the great depression. regulation was way way not cool Regulation played a significant role in leading us in to this mess. You supported Bush and his policies Some of them, others I did not, generally less support over time, and never 100% support. but wholly negative nonsense We're in an economic crisis, time to step up and support your President and your country. Even if we're in much worse of crisis than you think we are in, supporting foolish policies is still foolish, and negative for our country. "The Plan", is the thing most likely to actually bring us "down together".

To: Road Walker who wrote (461779)	3/6/2009 9:07:35 PM
From: TimF	Read Replies (2) \| Respond to of 1576865

Which Sign is the Multiplier? Bloomberg writes, More than $1.6 trillion has been erased from U.S. equities since Jan. 20 as mounting bank losses and rising unemployment convinced investors the recession is getting worse. Let us say that 50 percent of the loss in wealth reflects the market's reaction to the stimulus plan. That would be $800 billion. A standard assumption is that the marginal propensity to consume out of wealth is 5 percent. That would mean $40 billion less in spending. Then there is the effect on investment of the drop in Tobin's q (the ratio of the market value of capital, reflected in stock prices, to the cost of capital goods). These effects kick in immediately, while much of the stimulus will not kick in until next year. So is the multiplier for the stimulus positive or negative? business.theatlantic.com