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


To: combjelly who wrote (575015)7/5/2010 11:54:09 AM
From: i-node  Read Replies (1) | Respond to of 1571039
 
>> You keep repeating this like it is the truth. However, pick a historical economist at random and tell them that, and they will laugh in your face.

There are a growing contingent of such persons, and in particular, with the failure of Obama's wasteful spending program, there will be more.

We are now seeing a repetition of the Roosevelt Recession (or "Depression within a Depression"). Morganthau knew it before it was over. "It doesn't work".

Yes, the socialist Krugmans of the world (another grossly incompetent Nobel winner -- maybe the Economics Prize is bogus, too?) believe there is no limit to spending.

These are not economists, they are ideologues.



To: combjelly who wrote (575015)7/5/2010 12:21:43 PM
From: bentway  Read Replies (2) | Respond to of 1571039
 
"The US was one of the few economies to exceed pre-Crash highs before they entered the war."

Don't forget the Soviet Union. No Great Depression at all there, due to their advanced, independent economic system.