> RoMunn wrote:
> He's saying wealthy people should give their money to the poor so the poor
> can buy cheap goods from China, which I though he was against, because we're
> funding China building out their industrial base while we make ourselves
> poorer every year.
>

I'm saying that 70% of our economy is consumer spending based and that
needs to be replaced by someone or something.  At the same time we
need to fix our broken financial system as well as put regulation in
place to stop the peaks and valleys because the public won't tolerate
them.

The Chicago School is dead.

Supply-side is dead.

Laissez-faire is dead.

As for Sam's point about Bush's "scare" it's not even close to over.
We're barely through phase 1 and phase 2 is coming and it'll be 50%
larger.  And this time not only will it be larger but the world
economy will be weaker and China won't help us.

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