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Undisputed Champion
Join Date: Oct 2006
Posts: 5,152
Rep Power: 19
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Undisputed Champion
Join Date: Oct 2006
Posts: 5,152
Rep Power: 19
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Obama's politics don't allow him to do the only thing that will get the U>S. out of this, and that is, let the economy take it's natural course so that we feel the full force of the recession. We were floating on an imaginary cloud of wealth for years and there is just no way around feeling reality. The more you try to avoid it, the deeper in the hole you'll get. Tax cuts however will ease us through this much more easily
Tax cuts are not "the answer", there is no "answer" for how to not face the consequences of one's actions, but tax cuts will bring us out of this much faster. Last edited by res; 03-01-2009 at 02:19 PM.. |
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Birth of a Monster
Join Date: Apr 2006
Location: NJ-to florida
Age: 29
Posts: 4,505
Rep Power: 22
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lol I'm joking with the idiot thing.. but you think it would heal before really turning bad like a Super depression.. talkin 30-40 percent no job? |
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Undisputed Champion
Join Date: Oct 2006
Posts: 5,152
Rep Power: 19
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Do you know how we got into this? By spending money we didn't have. What is ridiculous is believing that by doing the same thing we are going to get out of this.
Wait until inflation is added to the high jobless rate in a little while. Not only will you have joblessness, but the nation's wealth will literally be eaten up. That is the consequence of continuing to print money like this. You can't run away from the consequences of your actions forever. If you try, it only multiplies what you will have to go through when it's finally time to pay up. That is a rather simple lesson that seemingly smart people never seem to grasp. |
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Smokin'
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-First your at prosperity -then the economy hits a recession like currently -then you hit a depression.. and im not saying the great depression just a depression it can be small -then the economy is in recovery and so on and so forth, its the way the economy works america was in a depression before and it had great prosperity before this current situation will eventually work out |
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Lifestyle Random
Join Date: May 2008
Posts: 1,156
Rep Power: 8
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