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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Copeland who wrote (32141)6/22/2010 10:39:07 AM
From: DuckTapeSunroof  Respond to of 103300
 
Re: "The heart of the problem, Buddy, is that most of the growth is coming out of the government sector and not through the private sector."

COMPOSITION of growth in various sectors *is* a real problem. (Don't get me wrong on that.) But it's also about exactly what one would EXPECT at this early stage in the recovery from such a deep and serious financial crisis - produced recession.

(Even so... 'government' did NOT produce ALL of that 4.5% GNP growth in the first quarter. Some sectors are coming back FAST. Exports, for example, are up. Housing and consumer spending continue to lag but that TOO is exactly what I'd expect given that there is where the heart of the collapse was located! And S&P earnings are near to setting records this year....)

I'd pose this question to you though: How would you spur continued expansion of the non-government sectors????????

(HINT: premature withdrawing of monetary liquidity --- given that liquidity is still near record lows --- and throwing us into a deflationary spiral, is PROBABLY NOT the answer I'd be looking for. :-)