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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (10728)	4/7/2009 4:15:44 PM
From: Wayners	Read Replies (1) \| Respond to of 103300

The plan is clear. They intend to close the gap with printed money and hyperinflation. We are doomed.

To: pompsander who wrote (10728)	4/8/2009 9:51:33 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

More idiots with their perennial proposals for European-style Value Added Taxes. Face it: that AIN'T ever gonna happen here. (No matter HOW MANY European bureaucrats would like to see the US equalize our taxes with them....) And, insofar as long-term structural deficit goes, that remains - as ALWAYS - a very large problem that must be addressed. (But, to date, I have seen little that is in the nature of recurring structural obligations added, certainly not expansions to transfer payment obligations.) What we have seen is more the likes of one-time 'shot in the arm' stimulus, and monetary easing (to be withdrawn asap....) For... without a RESUMPTION IN GROWTH, and a RESTORATION TO HEALTH AND MORE NORMAL OPERATIONS FOR OUR FINANCIAL SYSTEM, the "structural deficits" would fast become OVERWHELMING. Without a resumption of innovation and growth perched upon a solid, sustainable foundation.... you could kiss the next decade or two away, and all hopes of deficit reduction.... The engine has to be running first before it becomes possible to do much pruning....