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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (115563)7/16/2009 11:11:41 AM
From: Steve Lokness  Read Replies (1) | Respond to of 541990
 
Bearcat;


I love it when the hate shines through for all to see!


Not hate bearcat, history.

My point in the last post that perhaps you missed is this; it is the success of America and health of our economy that are now dependant on the new CEO - he has a daunting job given the huge debt he was handed at a time we need to spend even more to somehow stop the freefall. Do you want failure?

Can a stimulus plan work? Check out China's stimulus plan!

businessweek.com

steve



To: Bearcatbob who wrote (115563)7/16/2009 2:24:51 PM
From: cnyndwllr  Read Replies (3) | Respond to of 541990
 
Bearcatbob, re: "It is too bad that the "dumb ass" (your enlightened terminology) was replaced a reckless dumber one. Big Bush debt bad - monster Obama debt - hey not a problem. Debt was only a good political issue - now it is an inconvenient fact. The current approach to restoring fiscal health is like 18th century bleeding or drinking to cure a hang over."

You've been told but you don't seem to get it. Maybe you don't want to? Regardless, let me try to make it so clear you won't have to tax your brain understanding it.....

*Spending borrowed money to put yourself through college, trade school, or medical school is smart.

#Spending borrowed money to buy your stripper girl friend ten pair of tiger striped leotards and an LCD television is dumb ass stupid.

*Spending borrowed money to pay for a life saving procedure for your best friend is kind.

#Spending borrowed money to get your stripper girl friend even bigger implants is dumb ass stupid and possibly a little self serving.

*Spending borrowed money to keep the roads, bridges and infrastructure safe and reliable is smart. Spending borrowed money wisely on mass transit and alternative energy is smart. Spending borrowed money to jump start health care reform in order to reduce costs and increase the quality of life for aggregate Americans is smart. Spending borrowed money to better educate American workers and voters is smart.

#Spending borrowed money on a war whose only claim to fame may be that we may, after almost a decade, be able to escape from it is dumb ass stupid. Spending borrowed money to give tax breaks to the wealthy using the rationale that they'll take those newly expendable dollars and create jobs....at a time when production capacity abounds because DEMAND for goods is declining...is dumb ass stupid.

So think a little deeper. It's a multi-level issue. What are we borrowing the money for, how much are we borrowing, can the economy handle it, will the borrowing result in long term benefits that overcome the short term costs and are there some societal benefits that may justify costs that will never be recouped by future savings?

You can do better. If you can't, then you shouldn't be posting on Dale's thread where thinking usually trumps dogma. Ed