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To: kingpins10
Commerce has not been destroyed. It is fine. The financial markets have recovered their usual health, after last falls craziness, at least half of which was nothing but overblown fear.

The government shouldn't be raising taxes at the bottom of a recession. It shouldn't be trying to enact new multi trillion dollar handouts to middle class people who can afford to support themselves. There is plenty to legitimately criticize in present economic policies, if conservatives would drop their doom mongering schtick and pay attention.

But apparently the urge to scream that the sky is falling is too strong and swamps thought. It is a piece of idiocy, and a year or two from now those overcommitted to it today are going to look like complete fools.

16 posted on 07/17/2009 9:38:26 AM PDT by JasonC
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To: JasonC

Commerce is down 22%. That is what most economists call destroyed by American standards.

I will be happy to go over this again with you in 2 years.


17 posted on 07/17/2009 9:51:52 AM PDT by kingpins10
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