More on stimulus and budget deficits.
http://www.nytimes.com/2010/06/21/op...rugman.html?hp
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More on stimulus and budget deficits.
http://www.nytimes.com/2010/06/21/op...rugman.html?hp
Here's a good idea. Why not give those of us who do work a six month federal tax break, both the employees and the employers. It'll give us a chance to stuff our savings, or spend on something that we need. Re-paving roads only goes so far lol.
Well all I can say is that Krugman's article seems quite logical and extremely reasonable.
It's only reasonable because a democrat is in office. If a repbulican were in office, you'd be bitching about fiscal irresponsibility lol.Quote:
Originally Posted by Havakasha
Did you see that EU countries are cutting back? Should be very interesting to see how this plays out. Will the EU be "rewarded" by the global market place? Or will they fade deeper into recession? Is it time to put some euro's in your portfolio (FXE)?
As to your first comment i would suggest you are just plain wrong. Cant prove it to you, but i quess once a keynesian, always a keynesian. Lol.
I would agree that there is a conflict between European and American policy at this time and it will definitely be interesting to see how this ends up.
P.S. The other post was a mistake. I was replying from my blackberry while on a bus. I deleted it.