Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (64471)	5/6/2009 12:11:37 PM
From: Oral Roberts	6 Recommendations Respond to of 224759

If deficit spending were the answer to curing recessions we wouldn't have had a recession since Johnson.

To: TimF who wrote (64471)	5/6/2009 12:25:20 PM
From: Alan Smithee	2 Recommendations Respond to of 224759

Related to your post, the implosion of the credit bubble is directly tied to creation of the bubble, which happened on Alan Greenspan's watch (and at his instance and direction) during both the Clinton and Bush administrations.

To: TimF who wrote (64471)	5/6/2009 12:32:29 PM
From: Steve Lokness	Read Replies (2) \| Respond to of 224759

is the idea that an explosion of government spending and debt beyond the already massive levels they increased to under Bush is necessary or even beneficial for the economy. I didn't mean to imply it was beneficial to the economy - but that it was better than the alternative. I'm a believer in the Austrian School so I think nothing but time will get us out of this depression. That's what I mean we must play the hand we have been dealt. The numbers of job losses are real. There is no way to pretend they are not. No amount of wishing they could all go back to work is just not going to work. We can let them roam the streets and all go hungry and die ........or we can swallow hard and at least get something instead that is positive for our nation. I guess my question to you is what do you want to do with these people out of work? WE have waaaaay too many houses and waaaaay too many cars and waaaaay too much food. So what the heck do you think they should all do? We not only lost the millions and millions of jobs ......but there are more people who needs jobs as our population continues to climb! steve