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

To: combjelly who wrote (794461)	7/9/2014 3:12:22 PM
From: i-node	1 Recommendation Recommended By TideGlider Respond to of 1578332

>> When you have a $2.3 trillion hole blown in your economy and the globe is on a fast train to a depression, that is not the time to be worried about your debt load. Add in that we were trying to untangle ourselves from not 1 but 2 totally gratuitous wars that were on the credit card and there is just no way to avoid more debt. This is why it is a bad idea to run up the debt when the economy is doing ok. But, hey. Deficits don't matter... This is just nonsense. There is no evidence there was any "fast train to depression." That is liberal crapola. It was a recession, exacerbated by stupid economic policy starting 1/20/09. We saw the same kind of idiotic policy turn the Depression into a decade-long decline. We know what it does. And Obama's policy did precisely the same thing. And we're not out of the woods yet on this downturn because of it. You guys just don't learn for some reason.

To: combjelly who wrote (794461)	7/9/2014 3:17:09 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1578332

CJ, When you have a $2.3 trillion hole blown in your economy and the globe is on a fast train to a depression, that is not the time to be worried about your debt load. True, but that "hole" was blown wide open because the bubble burst. We essentially filled that hole with yet another bubble. Add in that we were trying to untangle ourselves from not 1 but 2 totally gratuitous wars that were on the credit card and there is just no way to avoid more debt. Try again. The wars didn't add as much to the debt as you might think. Tenchusatsu

To: combjelly who wrote (794461)

7/9/2014 3:45:18 PM

From: Taro

2 Recommendations

Recommended By
Tenchusatsu
TideGlider

Read Replies (1) | Respond to of 1578332

Bullshit. When you have a $2.3 trillion hole blown in your economy and the globe is on a fast train to a depression, that is not the time to be worried about your debt load.

Sure, and since you never planned on paying it back anyway, why be concerned?

Now, the plans for 'not paying back' slowly call for being made, wipe it out by some national confiscation of same kind - or even better wipe out the international (Chinese?) part of it by some little war being pushed onto little innocent us?

/Taro