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

To: Tenchusatsu who wrote (501539)	8/5/2009 2:21:46 PM
From: Road Walker	Read Replies (2) \| Respond to of 1576421

It's not likely, though, considering that he will probably favor higher taxes and higher interest rates before he cuts a single penny from the budget. Already cut the F22.

To: Tenchusatsu who wrote (501539)	8/5/2009 4:18:09 PM
From: steve harris	3 Recommendations Respond to of 1576421

Odd, Bush's 5% unemployment was a recession, but Obama's 10% and climbing unemployment is a recovery...

To: Tenchusatsu who wrote (501539)	8/6/2009 12:01:48 PM
From: combjelly	Read Replies (1) \| Respond to of 1576421

"CJ, I think the remedies for deflation today is going to spiral into rampant inflation tomorrow" Only if they do nothing to address the deficit. Late last year, my feeling was that he had this year and maybe next to address the issue. I am weakening on next year as time goes on. But, again, arguing for fiscal discipline now is to invite more economic pain than you have ever experienced. Sure, we need to keep it in mind, but now is not the time for implementation.

To: Tenchusatsu who wrote (501539)	8/6/2009 3:17:42 PM
From: tejek	Read Replies (1) \| Respond to of 1576421

CJ, I think the remedies for deflation today is going to spiral into rampant inflation tomorrow. And by "tomorrow," I'm not talking about some indefinite timeline. I'm talking like within Obama's first term, depending on how long this current recession lasts. Last month, factory utilization was at 68%......that's at least 12 points below normal and 17 points below where things may become inflationary. There is plenty of time to put on the brakes gently. In fact, you're more in danger of becoming known as Chicken Little.