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

To: Joe NYC who wrote (528890)	11/15/2009 1:46:14 PM
From: tejek	Read Replies (2) \| Respond to of 1576266

First of all why are revenue collections down? Revenue collection fluctuates with the business cycle. Up and down from the "normal". The problem is spending, and Obama is increasing it to the level not seen since WWII: Actually the problem is both spending AND collections. You managed to sidestep that part of the problem rather unadroitly. Under the Bush recession, collections have plummeted to levels not seen in a very long time. He fukked us good! And YOU voted for him twice! Secondly why do you think Obama is doing what every other major nation in the world has done this past year? Every other major nation is running deficit that is 13% of their GDP? Do you have a link for that? You may want to look up Germany, for example. Germany's deficit this year will be twice what the recommended level is for an EU nation due to stimulus spending.......and Germany was late to the stimulus game. Merkel is now suggesting that more stimulus spending is needed.