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


To: i-node who wrote (528355)11/12/2009 1:49:07 PM
From: Road Walker  Read Replies (2) | Respond to of 1577147
 
You keep repeating your mantra, but the facts are that no competent economist believes the 800 Billion "saved us" from a depression. Most believe the Bush $350B TARP expenditure did it; a few believe the 2nd 350B in TARP did it. A few believe the Stimulus was too small to have helped.

It was a combination of things. When the ship is sinking you grab onto anything and everything that floats... you don't pick and choose. You don't mention the 100's of thousands of jobs saved by helping the auto companies... also hugely significant in avoiding a depression.



To: i-node who wrote (528355)11/12/2009 1:51:31 PM
From: Road Walker  Read Replies (1) | Respond to of 1577147
 
BTW WTF is TARP 1 and TARP 2? All the money was requested and approved under Bush... the Dem congress just conservatively held up distribution of the second half to see what was happening.



To: i-node who wrote (528355)11/12/2009 1:57:42 PM
From: bentway  Read Replies (1) | Respond to of 1577147
 
"that no competent economist believes the 800 Billion "saved us" from a depression"

Exactly the opposite is true.



To: i-node who wrote (528355)11/12/2009 2:43:06 PM
From: Tenchusatsu  Respond to of 1577147
 
Inode, > You keep repeating your mantra

It's your fault ... LOL

Tenchusatsu