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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« on: September 14, 2008, 11:29:27 PM »

I'm always skeptical of these doomsday Sunday scenarios. Let's wait and see what happens when the markets open tommorrow morning. I doubt it will be as bad as everybody makes it out to be, but make no mistake, we are in deep doo doo right now.

Noo... we're fine.  We just need to stop whining!  And let's throw in another tax cut for the rich while we're at it.

You got it my man. Trickle down economics works far better than that demand side crap, as proven by past track record.
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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« Reply #1 on: September 15, 2008, 11:28:40 AM »

I'm always skeptical of these doomsday Sunday scenarios. Let's wait and see what happens when the markets open tommorrow morning. I doubt it will be as bad as everybody makes it out to be, but make no mistake, we are in deep doo doo right now.

Noo... we're fine.  We just need to stop whining!  And let's throw in another tax cut for the rich while we're at it.

You got it my man. Trickle down economics works far better than that demand side crap, as proven by past track record.

I thought tax cuts skewed in favor of the wealthy were supposed to be some great panacea to economic ills? I wouldn't have thought it given the Republican record, overall, compared with that of Democratic administrations is poor when it comes to economic growth, rising prosperity (even the richest fare better in % terms under Democrats) and job creation

The economy really sucks, and I don't understand why McCain is still leading in the polls.

Because maybe Bush isn't 100% responsible for the faltering economy?

Your party has been in charge of the do-nothing congress for 2 years now, silly.

^^^

People here are vastly overestimating the influence the President has over the economy. The truth is it will rebound whether we elect Obama or McCain. And, the truth is that we aren't even in a recession. The economy grew 3.3% last quarter. Things are bad, but they aren't terrible. It always rebounds. The market will sort itself out.

Right, it's just a coincidence that there are more jobs, fewer recessions, and less debt under Democratic Presidents than Republican Presidents.

It's gotta be more than just coincidence

Dave

My statement was intended as sarcasm. Smiley
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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« Reply #2 on: September 17, 2008, 09:16:51 PM »

For those of us who are poor enough that it actually affects our daily lives dramatically and isn't just a game or numbers on a computer screen, this has been brutal.
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