Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (100807)	9/5/2011 2:51:08 PM
From: Metacomet	Read Replies (2) \| Respond to of 149317

many were expecting unity in the face of a possible great depression 2 that thankfully never quite materialized.. And that was the first significant accomplishment of the Obama administration. Although the MSM and the Republican Party are united in the use of the phrase "failed stimulus". People really are too damned stupid to connect the dots....

To: John Vosilla who wrote (100807)	9/5/2011 3:18:06 PM
From: peter michaelson	Read Replies (4) \| Respond to of 149317

A serious contraction (depression) may be not only inevitable but also what is required. The government has used pretty much all of the available tools to stave it off so far, but this has not produced a political consensus to do what is needed to restructure society to regain competitiveness and momentum. Costs and inefficiencies and entitlements and waste are deeply embedded, the result of years of being at or near the top. Now we are faced with gigantic nations gaining productivity as quickly as the US did between 1870 and 1970. It is an entirely new situation. America has never faced a prolonged period of economic contraction and reduced competitiveness. Could it be that democracy operates effectively only in eras (defined as 25 years plus) when economies are growing? Will we be able to find a sensible consensus? Will we be able to face the challenges of shifting world economics or are we facing decades of economic decline? Will we mature or will we remain children?