Originally posted by Iflyfish
Quote: | Originally posted by Barry A.
That's a good link, Fish. Very helpful, tho does not eliminate the arguments as is pointed out in the article..
It still comes back to phylosophy, and economic models as to how best to solve the problem of the high debt to GDP ratio.
Thanks.
Barry |
As I have said before, the USofA is a Mixed economy and the solutions to these problems will require mixed responses. My fear is that radical forces
in Congress, conservative idealogues, or if not them, then the Super Committee, driven by them, will cut spending with out providing stimulstion, a
ticket to even more unemployment. Unemployment is a very real problem and after the turn of the year hundreds of thousands will no longer qualify for
unemployment insurance, money that is pumped back into the ecomomy as soon as it is in the hands of the unemployed. |