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Reply to "Markets to Tea Party: You Suck!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Exactly, the fall in the stock market has everything to do with *their* nonsensical, crippling austerity measures; and nothing whatsoever do do with *our* nonsensical, crippling austerity measures. Funny though that you can't understand that policy has anything to do with "poor economic #s here int he US."[/quote] Jesus Christ, what the fuck are we (Europe/USA) supposed to do? Let our debt/GDP go up above 200% and run 10%/GDP deficits for the next decade? [/quote] You seem to be completely ignorant of even the barest outlines of basic macroeconomics. No, you don't do trillion dollar stimulus packages every year for the next decade. You just need one large enough to make up for a shortfall in private demand. Your side's basic argument is that a defibrillator doesn't work because you already held a 9 volt battery to the patient's chest and it didn't do anything. And before you start blathering about how the government can't create jobs, I'd point you to a little known phenomenon called World War II. Or do armaments magically get an exemption form the iron-clad law that stimulus never works?[/quote]
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