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


To: Tenchusatsu who wrote (559748)4/9/2010 1:55:08 PM
From: jlallen  Read Replies (1) | Respond to of 1576601
 
lol

Ouch!



To: Tenchusatsu who wrote (559748)4/9/2010 2:03:33 PM
From: longnshort  Respond to of 1576601
 
I don't know who should be more insulted



To: Tenchusatsu who wrote (559748)4/9/2010 2:25:13 PM
From: bentway  Read Replies (1) | Respond to of 1576601
 
'Inflation Hawks' Will Kill Our Recovery

BEWARE THE 'TIGHT-MONEY PEOPLE' WHO FEAR SHORT-TERM SPENDING
( Of course, you WANT Obama to fail, even if America fails with him. )

(NEWSER) – Paul Krugman assesses the economic mess in Greece and sees "no good answers" for them but an important lesson for America. Namely, "steer clear of deflation," a horrible process that Greece must now endure because it's stuck with the euro. We don't have that problem, so let's "stop all this "grandstanding and penny-pinching over short-term spending to help a distressed economy," he writes at the New York Times.

"What worries me most about the US situation right now is the rising clamor from inflation hawks, who want the Fed to raise rates (and the federal government to pull back from stimulus) even though employment has barely started to recover," he writes. "If they get their way, they’ll perpetuate mass unemployment." Our "public debt will be manageable if we eventually return to vigorous growth and moderate inflation. But if the tight-money people prevail, that won’t happen—and all bets will be off."