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

To: Road Walker who wrote (477205)5/4/2009 9:51:11 AM
From: longnshort1 Recommendation  Read Replies (2) | Respond to of 1573720
 
I got as far as Paul K



To: Road Walker who wrote (477205)5/4/2009 10:13:49 AM
From: combjelly  Read Replies (1) | Respond to of 1573720
 
"but when employers across the economy cut wages at the same time, the result is higher unemployment."

Not possible. Tim proved that this cannot occur a few weeks ago. He was very certain about it, he couldn't be wrong, now could he?



To: Road Walker who wrote (477205)5/4/2009 11:24:03 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573720
 
RW, Krugman is still arguing for ideal government intervention, even though the biggest government intervention since FDR hasn't materialized into a recovery yet:

> To break that vicious circle, we basically need more: more stimulus, more decisive action on the banks, more job creation.

There isn't a problem a liberal can't solve by throwing more of the public largesse at it.

Tenchusatsu


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