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


To: Road Walker who wrote (507066)8/21/2009 3:08:23 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1578149
 
RW, > Depressions matter more than deficits. But I don't want to muddy your linear thinking with insignificant nuance.

Linear thinking is believing without question that Obama prevented a crisis from turning into a catastrophe.

Nuance is realizing that the economy is highly complex and cannot easily be fine-tuned with government control. Only thing government can do is use a bludgeon to accomplish primary goals, then trying to react to the unintended consequences.

I agree that Obama did what he had to do, but unlike you I don't pretend that Obama can walk on water. Deficits may not be the priority now, but they soon will be, and it's going to happen under his watch. We may get some temporary relief before then, though.

Tenchusatsu