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


To: tejek who wrote (518901)10/7/2009 2:41:09 PM
From: i-node  Respond to of 1578023
 
>> Both inflation and interest rates are going down. Its disconcerting how much they are dropping.

Another freaking economic ignoramus.

Monetary policy isn't exactly your strong suit, I see LOL.



To: tejek who wrote (518901)10/7/2009 4:27:27 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1578023
 
Ted, one problem is that Obama isn't actually doing much stimulating of the economy. (Those of you who claimed that "wasteful spending is stimulus" really have no clue WTF you guys were talking about.) Haphazardly adding another $500B to the federal budget went nowhere, especially since states had to drastically cut back their budgets (or raise taxes, or both).

I know what you're thinking, that Obama didn't do enough, which is why inflation is still a far-off concern. That would be the Krugman school of thought, but of course Krugman never saw a Democrat spending program he didn't like.

Tenchusatsu