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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (229854)	11/22/2009 7:01:21 PM
From: neolib	Read Replies (3) \| Respond to of 306849

My apologies if I misread the original post. I have not gone back looking for it. What stuck in my head was a complaint about $1T in health case spending for socializing our system, then a statement about moving to Canada (which of course has a socialized medical system). It simply struck me as a very strange opinion. My issue is borrowing and spending trillions of dollars as if it's no big deal, even as revenues are dropping off a cliff. I agree, but there are a couple of caveats. First, much of the quoted $12T+ one sees kicked around is not likely to be spent. IF it is spent, there will be trouble. Secondly, deficit spending in recession is precisely what should happen, and paying down debt is what should happen in good times. I know that many people around here don't think that government intervention can smooth out dips and bubbles, I think its pretty obvious that we have just seen it can. If you don't think so, just go back a year and look at all the predictions on this board about DOW 3000, and the continual bearish commentary by several well known bloggers posted here each week. How have things panned out???