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Does the US have any leeway for increased government spending?
by Colman (colman at eurotrib.com) on Tue Jan 22nd, 2008 at 09:34:23 AM EST
[ Parent ]
OHhh, some $600 billion earmarked for weapons.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Tue Jan 22nd, 2008 at 09:38:13 AM EST
[ Parent ]
No, seriously.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Tue Jan 22nd, 2008 at 09:46:42 AM EST
[ Parent ]
Well it hasn't stopped them from running up 7 trillion so far why on earth would you think they need some sort of 'leeway'?

Its call a printing press and they will use it! (21stC digital one mind)

by acrowe on Tue Jan 22nd, 2008 at 05:22:55 PM EST
[ Parent ]
Yes, assuming it's not run by idiots, but that's quite an assumption, as you know.  The idea has got to be to give the economy a series of shots in the arm until Wall Street sorts itself out and the private sector comes back.

I'd prefer it be done with fiscal policy, so that we could get some much-needed work done.  Handing it over to the Fed may well result is just another bubble somewhere.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Tue Jan 22nd, 2008 at 09:41:58 AM EST
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