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

To: Alighieri who wrote (574467)	6/30/2010 7:02:29 PM
From: Tenchusatsu	2 Recommendations Read Replies (2) \| Respond to of 1576670

Al, > it is for YOU defend your dismissal of krugman's argument I already have. Many times. The deficit is already at 10% of GDP. That fact alone should be a cause for alarm, especially with regard to what's happening in Greece and the rest of Europe. The only justification for such high deficits is the notion that it's needed to prevent a "Long Depression." That's why Krugman is expressing fears over the G20 wanting to curtail deficit spending. The problem is that deficit spending hasn't done jack to stimulate the economy. "Recovery Summer" is turning out to be a big joke: Message 26622921 Krugman thinks we haven't done enough to "stimulate" the economy, but that's absurd because what he's advocating is MASSIVE deficit spending that would rival that of WWII. I think he knows it as well, if you read between the lines in his articles. But as a columnist, he has the luxury of advocating sometimes absurd and impractical ideas. There you go, that's my defense. Now where's YOUR defense? Just more nonsense like "I don't know if he's right, but I DO know that you're wrong"? You still haven't proven to anyone that you know what Krugman is advocating and why. The evidence is clear. You resort to ad hominem attacks when you have nothing better to say. Tenchusatsu