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Policymakers have made another Depression Unavoidable


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2011 Jun 4, 11:03am   12,017 views  59 comments

by kentm   ➕follow (0)   💰tip   ignore  

continuing the 'fyi' reposting series...

http://www.informationclearinghouse.info/article28244.htm

If you slash government spending, lay off workers, and trim the deficits, then spending will slow, incomes will shrivel, GDP will wither, and the economy will slip back into recession.

Mike Whitney

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58   Â¥   2011 Jun 6, 4:35pm  

ChrisLA says

if Obama did not sell the necessity of the bail outs. And he sure did it.

Obama was elected a month after the bailouts were signed into law.

http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

You do understand this point of reality, right?

59   Done!   2011 Jun 7, 3:23am  

state says

Tenouncetrout says

Let me clear this up…
0,700,000,000,000 What Bush gave in that Bail out.

3,800,000,000,000 What has been paid to date.
3,100,000,000,000 Is what Obama has given in one form of stimulation bail out or other.

lmao, “let me just throw up some numbers without any source or explanation, also let me start one with a zero because I need everything to line up for my OCD”

If you can't be more creative with snappy comebacks than that, then quit being a Nudzh.

Obama_Bailout_Beneiciary

Here's bailout money hard at work.

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