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

To: mel221 who wrote (114694)	6/4/2012 11:38:54 AM
From: RetiredNow	Respond to of 149317

To Keynesians, no amount of spending or money printing is ever enough. Don't you love the reasoning? It goes like this: * we need more spending to avoid a depression =>Result. Congress passes $850B stimulus package and the Fed embarks on a $2 trillion expansion of their balance sheet, otherwise known as Quantitative Easing * 3 years later, it was all proven to be a sugar high when the multiple injections of stimulus started to wear off. So Keynesians are now screaming for more stimulus and saying that the reason why the economy is going down again is because we haven't provided ENOUGH stimulus. It's circular logic and only 3rd graders typically engage in that. But here we have a Nobel Prize winning economist engaging in it. Hmmm. How about this for common sense: if you don't want a hangover, don't drink to excess. If you are a drunk, then breaking your addiction means not drinking anymore. Sure more alcohol may make you get over your Delirium Tremens in the short run, but it may destroy your liver and kill you in the long run. Time to sober up America. Most people won't like it.

To: mel221 who wrote (114694)	6/4/2012 11:44:41 AM
From: manalagi	Read Replies (1) \| Respond to of 149317

Stupidity is doing over and over again and expecting different results. Romney is going to do what GWB did for the past 8 years. Boggle my mind that many people don't see that. I am sure that you will say the same about Obama. Therefore, let me say that Obama's policies have been boycotted by the pubs so that the country will fail and even Romney has high fived the dismal jobs created in May. Remember that McConnell stated that his main goal is to deny Obama his second term, the country be damned, and that Rush Limbaugh wants Obama to fail, again the country be damned. We have not given Obama enough time. The pubs want Obama to fix the 8 year destruction in less than 4 years. Any sane person knows that it takes much longer time to fix than to break. Disclosure: I am a lifelong Republican who does not even recognize my own party!