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


To: combjelly who wrote (522980)10/23/2009 12:42:01 PM
From: i-node1 Recommendation  Read Replies (2) | Respond to of 1580154
 
>>>I just don't buy it

Exactly.

There are two principal schools of thought.

One, yours, has been presumed correct for decades. And now, history is looking back on what has happened and is putting the brakes on. What a minute. Not so clear cut.

Just look at the $800 Billion stimulus from this year. This was your team's "best effort" as solving the economic problems. And look where we are.

We've spent 1/4 that amount, and what do we have to show for it? They have been running a "second stimulus" comprised of "targeted tax cuts" (duh, isn't that what we told you to begin with?) up the flagpole for a few weeks. NOW, they come out and say, "Sorry, we wasted $600 Billion. We spent $200 Billion and got a few -- a very small number -- of jobs out of it. But that's the end of it." The "stimulus" failed.

The biggest evidence yet that you guys don't have a clue when it comes to the economy.