On Tue, Apr 12, 2011 at 6:58 PM, Gruss Gott <[email protected]> wrote: > > Yes, exactly like the US. Our entire economy for the last decade is > based on credit, not growth, and now we're facing the same exact > decision that Ireland, the UK, and Greece are.
No. Nothing like the US. They lowered rates to get corps in but had to borrow the money to build the infrastructure for all the new workers. Then they had to raise the rates, plus the skyrocketing minimum wage/cost of living factor sent the corps looking for a new home. > And when did Ireland go with #1? For the last 2 years - dude got > voted out over it, Massive austerity programs in Europe and their > countries are in the total crapper. They are now on their sixth bailout. That's #2 > Platitudes-as-policy ain't gonna work here, the problem is WAY WAY too > big; Ryan's plan - an actual effort - doesn't balance the budget for > *25 years*! When does Obama's plan balance it? > And he's a terrible person for being so austere. 25 years. And > that's operating the gov't at 2% less than Regan did when we didn't > have the boomer entitlements to pay for. To think with just two years of smart power and now we can't get out of debt > "Business growth" ain't going to fix a problem that size, and > consumers are probably decades (if ever) away from returning to the > levels of cheap-credit fueled spending. In other words we're looking > at a massive hole in 70% of our economy and all the businesses that go > along with it. Yes it will. You keep complaining about the $14 trillion we spent in two years but never mention repealing the elephant sized donkey in the room. > And, even if we adopted Ryan's plan right away we're in a global > economy so if his plan isn't aligned with World policy then it fails > too (which is the problem Germany, despite it's good books, is looking > at). We spend, the world recovers. > That whole conspiracy theory that says we're under a global government > is kind of true, only the government doesn't exist, just the economy > as if it did. That's silly, trade was always a major impact on economies. The only change is the ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336244 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
