Your Future Economy If GOP Gains Control (cocaine, Obama, downturn)

[padcrasher]

Europe is already proving what we've know all along.

Cutting government spending in an economic downturn exactly the wrong thing to do.

Look at this graph of countries in Europe that followed the GOP's spending cut plans versus countries that kept their government spending up ..Powering their recoveries.

Only in countries that rejected right wing austerity measures, and increased government spending, did GDP go up.

Every single country that carried out what is now Romney's plan, lost ground and their citizens will suffer more.


Grim Natural Experiments - NYTimes.com

[summers73]

In other news, doing a line helps cure the pains associated with cocaine withdrawal.

[pknopp]

Yes, Greece should just print more money. Explain to me how that will work would you please?

[NormalCarpetRide]

Right, since gov't spending is included in GDP for some idiotic reason, whether or not it actually has a positive effect on the country's economy.

[Dockside]

Originally Posted by padcrasher

Europe is already proving what we've know all along.

Cutting government spending in an economic downturn exactly the wrong thing to do.

Look at this graph of countries in Europe that followed the GOP's spending cut plans versus countries that kept their government spending up ..Powering their recoveries.

Only in countries that rejected right wing austerity measures, and increased government spending, did GDP go up.

Every single country that carried out what is now Romney's plan, lost ground and their citizens will suffer more.


Grim Natural Experiments - NYTimes.com

Uh huh. And we are doing so well following Obama's "plan" right? Oh, that's all the fault of those meanies in the House, right?

C'mon, when you guys going to wake up. Obama knows how to give a great speech, but he can't run a damn thing.

[wargamer6]

We already know what will happen if the Dems maintain control. 4 more years of stagnation.

[Vejadu]

A little pain now or a lot of pain later. Sure it looks good when you pump money into the economy, but it's going to catch up with them eventually.

[meson]

If the GOP gains control again the protesting teanaggers will have to buy
their country back instead of taking it back.

[rbohm]

very interesting, an opinion piece in the new york slime by the idiot of the decade paul krugman.

[le roi]

Originally Posted by pknopp

Yes, Greece should just print more money. Explain to me how that will work would you please?

By forcing their creditors to take losses on their irresponsible loans, and get this damn thing over with instead of dragging it on and on.