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Serious question for libs and conservatives

movin' on

Well-known member
Do you guys think that if things don't improve in the economy that there will ever come a point when Obama and Congress will say "let's try something different"?

I'm not trying to get a heated debate going, I just really wonder that.

If the "historic" spending goes on for a few more months and the economy keeps spiraling downward, would there ever be a point where we would try some Reaganomics?
 
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Anonymous

Guest
movin' on said:
Do you guys think that if things don't improve in the economy that there will ever come a point when Obama and Congress will say "let's try something different"?

I'm not trying to get a heated debate going, I just really wonder that.

If the "historic" spending goes on for a few more months and the economy keeps spiraling downward, would there ever be a point where we would try some Reaganomics?

Nope-- because most the economists think the economy will not recover in months- it will take years..The Domino theory will keep rolling along with almost everyone saying the earliest we can expect to see any real signs of recovery is 2010- which is very optomistic....Many say it may take longer than that- and that the country will not fully recover for 7-10 years...
 

movin' on

Well-known member
reader (the Second) said:
I agree that they won't change course in months because the crisis will take years to turn around.

I do hope that they keep an open mind as to what is and is not working and to various opinions.

I have supported the current course because those whose judgment seems sound to me argue that this is how we can get the economy moving again.

This will not be pretty, it's a crying shame that we came to this, but we can't hide our heads in the sand and magically fix it. We will all suffer somehow given the growing depression.

If more people thought that way, we'd all be better off!!

Good line R2.
 

hypocritexposer

Well-known member
I do hope that they keep an open mind as to what is and is not working and to various opinions.

They took a pretty long-term solution, to be changing direction, mid-stream. They are more or less dedicated.

They would have been better off to take smaller bites.

The Stimulus money is spent. If they had broke it out annually, and tested the waters, they would be in a better position to change direction.

I was wondering why such a small amount of cash is being put towards the housing $75 billion, when they are giving banks trillions?
 

Sandhusker

Well-known member
They're already following a policy that has twice been proven to not work. Clearly, they're not capable of learning from the past. What would lead anybody to believe that this will change?
 

Larrry

Well-known member
The problem with government and most politicians is that when things don't work, they never admit defeat. Even thogh history has shown a policy to not work, Their solution to a failed policy is to THROW more money at it.
 
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