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MissMillie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:31 PM
Original message
I've been thinking all weekend
this downgrade thing may not be about the fight, but about the actual deal.



Obama just agreed to take serious $$ out of the economy.... and economists think that's stupid.

1937 anyone?
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BackToThe60s Donating Member (266 posts) Send PM | Profile | Ignore Tue Aug-09-11 07:35 PM
Response to Original message
1. You must be EXHAUSTED!
Sorry. Couldn't resist! Rec!
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MissMillie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:49 PM
Response to Reply #1
4. fair enough
not really exhausted... I know I'm right.

for some reason, though, despite the 1937 record, the American public is a hard sell.


Not to toot my own horn, but the American public doesn't recognize history like I do.... for some reason 1937 doesn't seem to resonate w/ them.... but I used to work w/ economists--the real ones.
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BackToThe60s Donating Member (266 posts) Send PM | Profile | Ignore Tue Aug-09-11 07:58 PM
Response to Reply #4
7. Ever met the guy who SHOULD have been Treasury Secretary.....
Edited on Tue Aug-09-11 07:59 PM by BackToThe60s
Paul Krugman?
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MissMillie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 08:20 PM
Response to Reply #7
8. no, but Larry Summers
had an office 2 floors down
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:40 PM
Response to Original message
2. Yes, 1937.
And Hoover. And Japan.
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BackToThe60s Donating Member (266 posts) Send PM | Profile | Ignore Tue Aug-09-11 07:43 PM
Response to Reply #2
3. Uh,
Hoover wasn't President in 1937... :hide:
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:51 PM
Response to Reply #3
6. And Japan didn't have it's economic downturn then either.
Just pointing out how people do the same thing over again.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:50 PM
Response to Original message
5. Links, for anything at all??? I have no idea what you're
trying to relay.
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