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

To: combjelly who wrote (704970)	3/19/2013 7:58:52 PM
From: i-node	Read Replies (1) \| Respond to of 1572079

He and I complained because running high deficits when the economy is doing OK is an incredibly stupid thing to do. For one, it limits what you can do when the economy does sour. As we saw. For another, you risk inflation, which was settling in when the economy tanked in 2007. This is what happened in the 1960s. Why none of you economic geniuses on the Right saw this I don't have a clue. The basic problem is that we have people running the government today who have no idea what to do about a lousy economy, and as a result, an event that should have lasted 18 months has draged out for five long years, and will likely drag out for five more.

To: combjelly who wrote (704970)	3/20/2013 5:10:25 PM
From: Tenchusatsu	3 Recommendations Read Replies (3) \| Respond to of 1572079

CJ, He and I complained because running high deficits when the economy is doing OK is an incredibly stupid thing to do. You both are moving the goalposts. Back then, $400B/year was too high, and neither of you ever admitted the Bush economy was doing OK. Now the deficit is $1.2T/year, but the economy is doing just fine thanks to Obama. There is only one thing consistent in your argument, and it is partisanship. Tenchusatsu