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


To: Joe NYC who wrote (125371)10/27/2012 6:39:51 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
You are correct. It's been going on a long time, but it most certainly accelerated after 9/11/01, and then it hit the afterburners in 2008. So we've gone parabolic with Fed Balance Sheet and monetary expansion and deficit spending. This will not end well.



To: Joe NYC who wrote (125371)10/27/2012 9:28:26 PM
From: koan1 Recommendation  Respond to of 149317
 
You had the crash of 08 dead wrong and now you are pontificating again about economics you know nothing about.

I took the time to point out to you what happened 08 and you just blew it off and went on with a new round of mindless prattle.

You are the perfect person Romney and the plutocrats trick into voting for them. You are gullible and naive and voting aginst your own best interests.

Romney will skin you (and us) alive if he is elected and you are oblivious to it.

Since 2008, they have mostly been down. They will continue to be mostly down, because Obama and Bernanke's Keynesian economic policies are toxic to the organic growth of the real economy.
I agree about the worrying trend in the insufficient "organic" growth of the economy. Not just that, the response to various stimulants (lower tax rates, cheap money) and outright stimulus (government stepping in to create demand) has been weak...

I would argue that it has been more than last 4 years that this has been happening...