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To: DB
Don't know why you posted the reply, DB. I already stated that he and Bush both were stupid for dumping $5 Trillion into a sinking economy. Also stated that he was made us considerably weaker and needs to be defeated.

Sorry, though, I'm sick of the lie that this is all Obama's fault; or the flip side, that if we elect a Republican things will magically get better. They won't. The next President will inherit a financial graveyard. There isn't a policy change on the planet that will fix this.

10 posted on 04/29/2012 10:32:46 PM PDT by TheWriterTX (Riding the Long-Wave Economic Contraction, Baby!)
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To: TheWriterTX
Sorry, though, I'm sick of the lie that this is all Obama's fault; or the flip side, that if we elect a Republican things will magically get better. They won't. The next President will inherit a financial graveyard. There isn't a policy change on the planet that will fix this.

Sure there are, as long as your goals are realistic (IOW, no 'instant fix' to 5% unemployment within a year)and policies are sensible - reducing corporate taxation, deficit spending and government waste will make dramatic economic improvements if done competently - both our neighbors Canada and Mexico are doing much better than the US relatively speaking at this point in time with more sensible fiscal and monetary policies.

People were saying just about what you were during Jimmy Carter's latter days, and looked how that turned out after a year or so of economic austerity. To say that the US is in some sort of unique economic 'graveyard' is basically only defeatism.

11 posted on 04/29/2012 11:05:30 PM PDT by Post Toasties (Leftists give insanity a bad name. 0bama: Four years of failure and fingerpointing.)
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To: TheWriterTX

You are not alone for holding this view among freepers.

While I have some problems with Richard Koo’s solutions to a balance sheet recession, I agree with his diagnosis of the problem.

The only saving grace the US and Canada had were the influx of immigrants who had bulwarked the fertility rate. If the recent reports about more Mexicans leaving than coming continues as a long term trend, the US is looking at the same demographic inverted pyramid as Japan and Spain.

Just this week Spain abruptly ended socialized health care benefits to illegal aliens, while Spain’s native population has the lowest fertility rate in Europe.

The US and Spain have plenty of real estate bubble housing stock sitting vacant, and no young families to fill the homes.


13 posted on 04/30/2012 12:03:20 AM PDT by JerseyHighlander
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To: TheWriterTX

Here’s the way out of the graveyard:

http://www.fairtax.org/site/PageServer?pagename=about_faq


26 posted on 04/30/2012 4:39:16 AM PDT by Hostage (Be Breitbart!)
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To: TheWriterTX

—The next President will inherit a financial graveyard. There isn’t a policy change on the planet that will fix this.—

Exactly how I see it. I’ve likened our situation, politically, to us being a bus going 70 mph and the driver FINALLY looks up and notices there is a concrete wall 50 feet in front of us. No matter who we “elect” as driver, we’re gonna hit the wall at full speed.

The time for judicious application of the brakes has long passed.


36 posted on 04/30/2012 5:50:28 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: TheWriterTX
the demcorrupts held the senate and the house, in 2007 didn't they?....they did nothing but destroy what was once a robust and positive and confident economy....

its the democorrupts....

44 posted on 04/30/2012 9:02:35 PM PDT by cherry
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