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


To: tejek who wrote (621618)7/27/2011 2:09:12 PM
From: i-node5 Recommendations  Read Replies (3) | Respond to of 1578689
 
That's what the sane people are saying. Its very clear we have a revenue AND spending problem.

You cannot draw such a conclusion from the chart or the data on which it is based, and in fact, precisely the opposite is shown in the chart. Obviously, during an economic downturn, revenue is going to drop. We know that; it is a by-product of recession. And in fact, your own chart shows that revenue was increasing until the recession hit. We did not have a revenue problem.

What the chart shows under rational interpretation is that spending behaved incorrectly in response to a drop in revenue. Instead of going down, as it should, it skyrocketed coincidentally with Obama taking office. Had spending been controlled, deficits would have been controlled, and we wouldn't have nearly the crisis we have today.

This chart is a perfect example of what convoluted thinking can do: persons who have no analytical capability -- like you and Al -- will see in it whatever you are told to see in it. In this case, you two were led to see something totally counter-factual.

I think it would be best for you and Al to leave this stuff to other people.