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.
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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.
Mar 25 15:45 pm
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All Comments by Robot »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]
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.