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Spending money creates a return on somebody's investment. Buying stock is the equivalent of buying a huge TV at this point. Even this huge debt can be managed by a recovered and growing economy, particularly if the tax structure, including protective tariffs, is revised so the people we borrowed the money from wind up paying themselves back. The trick is to get the money from the people that own and hoard it to the people that work for and spend it.
Most mainstream economists the World over believe that this can only be lessened by large scale Gvt spending.
( I don't care what your right wing pundits say)
Uh, no, in fact many of the economists and leaders in the world, most notably from France, Germany, and the Czech Republic, are saying the exact opposite right now at the G-20 summit.
gsupstate wrote :I'm a moderate Democrat and not an Obamatron. You won't get an answer from an Obamatron.....all they know how to do is avoided making tough choices or direct answers. They take their spinmaster tips from the teleprompter in charge......
Uh, no, in fact many of the economists and leaders in the world, most notably from France, Germany, and the Czech Republic, are saying the exact opposite right now at the G-20 summit.
Yea, that Sarkozy - a french speaking Rush Limbaugh!
If he keeps it up the leftists will be demanding we change the name of French fries again....
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