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

To: Tenchusatsu who wrote (494413)	7/11/2009 6:24:32 PM
From: tejek	Respond to of 1573433

You say wait and see, but the talk in the media is whether a second "stimulus" package is in the works. At least you and I agree that probably won't happen nor will it likely be necessary, but I wonder how long the pain will last until you go running back to big government for more help. That has been the talk since January. Back in January and February, many economists were complaining that the stimulus wasn't big enough.

To: Tenchusatsu who wrote (494413)	7/13/2009 6:00:34 AM
From: Road Walker	Read Replies (1) \| Respond to of 1573433

You might not have noticed, but you're dodging the issue. Obama and Biden passed a "stimulus" that wasn't as strong as you hoped, only to publicly admit that they underestimated where unemployment would be today. When you change 'the issue' let me know and I won't dodge it. Obama didn't publicly admit that, he said they didn't have enough information. Although I wouldn't fault them for being wrong... the economy is always a crap shoot. You say wait and see, but the talk in the media is whether a second "stimulus" package is in the works. You know I don't like these things, but with the usual ammunition, Fed rate cuts, ar zero, there is nothing else to do. Cutting taxes by 800 billion would have the same effect on deficits as an 800 billion stimulus. And a huge percentage would go to savings... at least with the stimulus you get people working to build stuff that needs to be built. Next round?... I don't want to see it because if we do things will be getting really bad.