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

To: SilentZ who wrote (468842)	4/4/2009 10:16:24 AM
From: i-node	3 Recommendations Read Replies (1) \| Respond to of 1577824

>> We've exceeded anything resembling a normal economic cycle at this point and are headed towards a Depression (we may be there already). We are at 8.5% unemployment. This is not a depression and in fact is not a particularly bad recession. Yet. The truth of the matter is it wouldn't have been a major problem to begin with had the Ds not been so damned negative, particularly, Obama. Bush handled the banking crisis. Obama made sure people were good and scared so he could get his agenda through. Talked the economy down so he can get elected and take credit for bringing it back. He hasn't done one damned thing that would be affecting the economy as yet and people are already saying it is over.

To: SilentZ who wrote (468842)	4/4/2009 11:55:02 AM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1577824

Z, > But for reasons that are beyond my control, we don't spend enough on infrastructure in this country. Says who? Really, says who? All this talk about "not enough spent on infrastructure" really didn't start until the economy started going south. NOW we're not "spending enough"? Really, what aren't we spending enough on? High-speed rail? OK, let's build some. Solar and wind generators? OK, let's build some. Fixing bridges and filling potholes? B.S., that has always been the responsibility of local governments everywhere; the "pothole patrol" has always been the #1 measure of a local politician's job performance. > We've exceeded anything resembling a normal economic cycle at this point and are headed towards a Depression (we may be there already). I disagree. We might not have seen anything like this in the past three decades, but I'm pretty confident that we aren't facing another depression. I've already stated my reasons why: Message 25415913 Tenchusatsu