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


To: Tenchusatsu who wrote (613983)5/31/2011 5:01:06 PM
From: combjelly  Read Replies (1) | Respond to of 1576160
 
"But you were all for austerity when the economy was improving under Bush."

Of course. That is the way it works. If you run a debt when times are bad, you pay it off when times are good. When you run a debt, especially an unprecedentedly high debt, during the good times, you are asking for a disaster.

Which is what occurred.

"You're arguing in circles. Can't have austerity when the economy is improving, can't have austerity when the economy is in shambles."

But you can have it when times are good. It really isn't all that hard, Tenchu. Unless you want to play partisan games. Which you are doing.

"They've been trying to come up with a weighted "basket" of currencies"

As they usually do. It hasn't worked so far. No real reason to expect it to work in the near future. We'd have to do something stupid, like not raising the debt limit and defaulting for that to happen...

"How much longer do you want to take the power to print money for granted?"

I don't take it for granted. I just find it disturbing to want to want to tank the economy for political gain. You seem to be ok with it, though...