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

To: tejek who wrote (119146)8/24/2012 3:19:45 PM
From: RetiredNow  Respond to of 149317
 
Europe is not implementing GOP recovery tactics. They are in their own special category of stupid that goes beyond the stupidity here in the US. Our tactics are muddled, and yes, helpful in the short run, but we've done nothing to solve the problem over the long run, which is what I'm primarily worried about. The European tactics are unhelpful in the short and the long run. So they are double bad.



To: tejek who wrote (119146)8/24/2012 3:39:43 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Savings has plummeted and credit has expanded, ridiculously so. These are the root causes of malaise in this country. So is the answer to have government step in with even more deficit spending and money printing? Well, it has resulted in the greatest drop in savings and increase in debt in history in this country. So it would be insanity to continue doing these things.





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