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  • True, we managed to have a national debt that exceeded 100% of GDP at the end of WWII - but of course the entire globe was either bombed to rubble, in a primitive economic state or under the boot of communism, which stifled economic competition. Does that sound like the world we live in today?  [View news story]
    What people do you see as being able to "pull it off?" You can be idealistic here. Name anyone (looking for a tandem here) that you think would have all the tools and sense necessary.


    On Mar 25 03:41 PM j_remington wrote:

    > The main difference is after WWII the foriegn countries needed to
    > rebuild which provided worldwide stimulus. Today there is mainly
    > worldwide contraction whichis exactly opposite.
    >
    > A deficit is appropriate at the right time. Now is far from being
    > the right time. Obama/Geithner has no economic sense nor experience.
    > And this will perpetrate the downfall of the US.
    Mar 25 15:45 pm |Rating: +1 0
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