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


To: Tenchusatsu who wrote (934608)5/12/2016 12:48:02 PM
From: TideGlider1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1576628
 
What is even more weird in his very next post he stated he never said he was concerned bout the debt. If follow my post backward you will see him harping on how Trump might handle the debt.



To: Tenchusatsu who wrote (934608)5/12/2016 1:46:07 PM
From: J_F_Shepard  Read Replies (2) | Respond to of 1576628
 
With interest rates near zero percent, why pay off the debt? Issue new low interest bonds to buy back the high interest ones out there if they're still out there....



To: Tenchusatsu who wrote (934608)5/13/2016 2:49:55 PM
From: combjelly  Respond to of 1576628
 
Tenchu, you are exactly the wrong person to accuse someone else of modifying their views according to their partisanship. I have been very consistent with my announced views on the debt. You, not so much. When Bush the Lesser was tripling our debt in otherwise good economic times, you were silent. When Obama inherited a almost mortally wounded economy, you were are the austerity barricades screaming about it.

Want to try this again?

I distinctly remember CJ saying that in hard economic times, we should go into deep deficit spending so that in good economic times, we can reduce the debt.

Earth to Tenchu, the deficit has been reduced, haven't you noticed? Despite i-node's projection of trillion dollar deficits as far as the eye can see, it started coming down right after he made that projection and hasn't looked back since. The tax increase on the wealthy only helped that trend. It is now about half of his projection. Now there still is a deficit, but the recovery has been weak for anyone who isn't wealthy. Have you noticed the Fed still hasn't raised rates despite badly wanting to? There is a reason for that.

Sounds like I was right on that. Any economic projection you have called correctly? Even ballpark? Ever?