[Shhhh! I'm Listening to Reason!]

On Mar 1, 2:25*pm, ScottW2 wrote:
On Mar 1, 10:45*am, Gov. Frank Steunenberg





wrote:
On Sun, 1 Mar 2009 07:45:27 -0800 (PST), ScottW2

wrote:

snipped

So what will happen when the effects of the stimulus
pass through the economy and we're again faced with
economic decline and still more debt to service?

Where were you when the Bush Adminsitration was spending us into the
ground?

Right here...disgusted.

If that's so, it was impossible to tell from your posts. I don't mean
that provocatively. I mean that literally. Perhaps there were one or
two examples over time, Mr. W, but on the whole you have been taciturn
and reticent in the extreme to point out Bush Administration follies.

* I don't recall a single post from a governor in that time.
So it's not clear at all what you've read. You obviously completely
missed my withdrawal of support over his immigration debacle.
So many lefties see everything with a myopic point of view.
You're just another in a flock.



Consequently, it's a bit hard to accept your comment above.

This has always been a Hobson's choice. No one's denying that. There
is, though, almost unnanimous agreement that a deflationary spiral is
far worse right now than inflation later,

Worse for who?

The country as a whole.

*No proof of that. *Certainly wages are more apt to keep pace with
costs of living during deflation than inflation.

2pid, nobody knows where you get your economic 'expertise' (no doubt
the same source of your military 'expertise') but if you're serious
that deflation is no danger, I'd suggest you search for "Japan" and
"the lost decade". See if you can spot a parallel or two to the
current conditions in the US.

Certainly not the generations to follow.

Not certainly at all, rather the opposite. The searing effects of
being out of the workforce and/or being under-employed for years will
forever scar this generation and others to follow if this economic
disaster deepens further.

* Which can still happen with inflation.

Here, 2pid. I know that you're too lazy and stupid to actually
research anything. But I'm here to help!

http://www.google.com/search?sourcei...lation+dangers

Fears of runaway inflation have been replaced by fears of its
opposite as the world's economy starts seizing up, the New York Times
reports. Economists see a potentially devastating deflation ahead as
cash-strapped consumers create a glut of underpriced, unpurchased
goods and services—in turn triggering mass layoffs at struggling
companies and sending the US economy into a tailspin that will be
tough to halt.

http://www.newser.com/story/41469/de...omy-slows.html

You see, 2pid, this is one of those times where you look really
stupid. You're up against world-class economists and others who people
of normal intelligence would say have more experience, more training
and more insight. Yet you have a 'differing POV' with them that you
expect us to consider as being equally valid.

My first response is to say "2pid, your a imbecile" but I know how
much that upsets you. So I go to the bother of finding some sources
that back up what I say. Can you do the same? Can you find one valid
source that agrees with your 'differing POV'?

I doubt it, but give it a go.

Before this began they were faced with near unaffordable housing.

That's only assuming that ownership is always the sine qua non of
housing. The world and, indeed, The US didn't follow that model until
Reagan.

*We now know the depth of your understanding.

LMAO!

Home ownership starting rising after WWII.
In fact the Reagan period of 1980 to 1990 was the only
period where the nationwide rise in ownership stalled.

http://www.census.gov/hhes/www/housi...ric/owner.html

Go back and reread what the Governor said, moron. You perfectly-
thought-out and well-written reply has nothing to do with his point.
LOL!

Imbecile.