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


To: Road Walker who wrote (497094)7/21/2009 8:49:51 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1571899
 
RW, > Wasteful or not, spending is stimulus. Do you deny that?

Yes I do.

How many times did you claim that the Bush tax cuts were a "gift to the rich"? Using your words, "It may be dumb, but it puts money in peoples pockets and they spend it and that puts money in other peoples pockets."

> If somebody gets a buck and spends 50 cents thats commerce that wouldn't have happened.

That buck appeared out of nowhere. Printed money. Third-world nations have tried that and failed miserably.

Tenchusatsu



To: Road Walker who wrote (497094)7/22/2009 1:24:32 PM
From: combjelly  Read Replies (2) | Respond to of 1571899
 
"But they are all stimulus, even the most putrid, nonsense expenditure"

It amazes me that so many wingers claim to understand economics, yet seem to fail to grasp some of the simplest aspects.