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

To: combjelly who wrote (500249)	8/1/2009 11:33:47 AM
From: i-node	Respond to of 1578002

>> Argue with this guy. You are certainly going to find so-called "economists" out there who believe these expenditures matter. Just as I ran into a purportedly knowledgeable marine scientist who believes that that adding a railcar full of salt to Puget Sound will somehow damage it. Both are utterly absurd propositions. But in the case of the economy, one also has to question the damage that is done to the future of the economy by adding the money to our borrowings. Over the life of the so-called recovery program we add $36 Billion a year in interest cost INTO PERPETUITY. We increase inflation, PERHAPS leading to hyperinflation, a year or two down the road. Whatever marginal benefit derives from this wild spending will undoubtedly be offset by these factors down the road.