Analysis: U.S. policy gridlock holding back economy? Maybe not

Comments (4)
tmc wrote:

No, it won’t make a difference. Only demand will. Very simple. No matter what other spin the media and politicians have, it is all moot.

Dec 18, 2012 6:11am EST  --  Report as abuse
elsewhere wrote:

What Washington has trouble understanding is no jobs, no income, no demand. Until we demand Washington stop over regulating, over subsidizing poor growth companies and stop impeding our businesses then things will stay the same for the next few years. Then the economy will collapse and the world will go into a deep depression.

Dec 18, 2012 10:45am EST  --  Report as abuse
elsewhere wrote:

What Washington has trouble understanding is no jobs, no income, no demand. Until we demand Washington stop over regulating, over subsidizing poor growth companies and stop impeding our businesses then things will stay the same for the next few years. Then the economy will collapse and the world will go into a deep depression.

Dec 18, 2012 10:45am EST  --  Report as abuse
elpea123 wrote:

The drag on our economy is being caused by our national debt.
Moody’s has already put the U.S. on notice. The threat here
is that in January….if something isn’t started to lower
our debt…our interest on that debt will increase.
Moody’s has already promised this 6 months ago. We can
expect it to kick in. A recession will surely follow if that happens.

A credit lowering will have a negative impact on our economy.

Before the election, the Gov Accountability Office said that
if we do nothing and let the cliff happen—THIS would be
the best case scenario! Neither Obama’s plan or Ryan’s would
get debt to 60% GDP like going over the cliff would get us to.
The other two plans would get us to over 70% of GDP–Ryan’s
being slower than Obama’s.

Obama had this idea to spend crazy in the first part and then scale back to let the economic activity that had been thus generated by that crazy spending work to improve the debt situation!

Has anyone ever heard of getting out of debt by spending crazy first?

HA Well, people must have believed that lie ’cause they voted
for the whole farce.

That is why we are at this now in late December. People think that
we should give tons of tax revenues to our spenders and let them
go crazy so that we can get out of debt! HA

thank God for Boehner. He knows that spending isn’t going to
reduce debt!

Dec 18, 2012 3:37pm EST  --  Report as abuse
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