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

To: i-node who wrote (655605)	5/20/2012 3:06:09 PM
From: combjelly	Read Replies (2) \| Respond to of 1579090

In other words, you don't really know. That is what I figured. He is very competent in foreign affairs. Or, more likely, has some excellent advisers. "The economic policy, if you call it that, has been insane" Oh, nonsense. He has had to deal with the mess that Smirk left behind. A major tax cut, two wars and Medicare D on the credit card account for the bulk. When the economy cratered due to Bush, the decline in receipts made it worse, I grant you. "Governments have never, ever spent their way to prosperity, and that isn't going to change noe." Wrong. As we are seeing, austerity when the economy is weak makes it even weaker, every time. Granted, debt needs to be paid down, but that is done when the economy is doing well, tax cuts during those times only leads to more debt and runs the risk of inflation. Which was setting in before the collapse.