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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (169016)	8/13/2011 7:23:27 PM
From: Sam	Read Replies (1) \| Respond to of 544154

You are blinded by ideology. Grover's Triumph. In a column in The Washington Post on Friday, Bill Gross, who runs the giant bond-trading firm Pimco, lashed out at Republicans and “co-opted Democrats” for setting aside widely accepted economic theory. “An anti-Keynesian, budget-balancing immediacy imparts a constrictive noose around whatever demand remains alive and kicking,” he wrote. “Washington hassles over debt ceilings instead of job creation in the mistaken belief that a balanced budget will produce a balanced economy. It will not.”