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

To: koan who wrote (186370)	3/30/2012 7:04:42 PM
From: Steve Lokness	Respond to of 542822

<<<<<As you know better than most, it is exactly what Krugman and Stiglitz predicted.>>>>> And it is exactly what Austrian School economist predicted. That is that the 'wave' now is for people to deleverage. That the sooner the deleverage is allowed to occur the sooner the economy can recover. I'm still waiting for Krugman and other great socialist to explain how the job loss through a crumbling housing market can be restored? PLUS; I'm still waiting for Krugman and the other socialist to explain how in the world we would manage to keep oil (gas) prices under control if we stimulated with even more pretend dollars. PLUS - given demographics - how do we ever pay down the debt incurred if we were to stimulate even more?