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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (52653)	3/26/2009 10:07:38 PM
From: LLCF	Respond to of 149317

<Krugman feels the problem is debt> Along with everyone else. What Obama is afraid of is all banks in court fighting so that EVEN GOOD credit risks can't get a loan... that was stated in several speeches that I heard on NPR and I don't even listen much to news. Banks in Banko can't give loans. <so he wants about 10 times as many jobs created. > Me too... but when demand falls off a cliff, that ain't gonna happen in short order with either plan unless you create demand... ie. have government work programs, building bridges, depression era economics... ie. Obama. Keynsian economics ala Krugman won't do anything if there is no demand. DAK