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


To: bentway who wrote (872083)7/12/2015 1:30:48 PM
From: tejek  Read Replies (2) | Respond to of 1575771
 
The first is that the “We’re Greece!” crowd has a truly remarkable track record when it comes to economic forecasting: They’ve been wrong about everything, year after year, but refuse to learn from their mistakes. The people now saying that Greece offers an object lesson in the dangers of government debt, and that America is headed down the same road, are the same people who predicted soaring interest rates and runaway inflation in 2010; then, when it didn’t happen, they predicted soaring rates and runaway inflation in 2011; then, well, you get the picture.

When are Americans going to get that Rs are terrible economists whose only understanding of economics is to serve their own wallets? And I admit it took me a while to get it but after the Great Recession no American should believe otherwise.