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MDogg why do you support this idea of a "new, new deal" with Obama? Not logical

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M Dogg™:

--- Quote from: Infinite African West Coastin on January 05, 2009, 08:26:19 PM ---If it was possible to really execute a New Deal, we first have to look at how ridiculous the first New Deal was.  You must consider the implications of this.  If it was truly realistic to impose price controls and wage controls on businesses. 

Then take it a step further and why doesn't the government just demand that every job pay at least $1 million dollars an hour, enforce that every American that wants one be given a job, and that the price of gas, milk, and all other commodities never rises above $1.00?  Wouldn't that be great?  I mean, doesn't the government have the power to do that?  I mean, we are the greatest country on Earth right?  Come on, why can't they do that?

--- End quote ---

huh??

Man, I got to get on more... lol

It's like this, the New New Deal is simple, Obama is going to bring in infrastructure, which is something FDR did, but on top of that, his going to invest in alternative energy, which is cool 'cause it's the main link of our present to our near future.

Though Death Is Callin, I'ma Keep Ballin:
The dollar will collapse.

Matty:
lol indeed. americans needs to start saving more and consuming less and credit needs to be less readily available to facilitate this. government also needs to cut spending itself and of course stop printing money and propping up bad companies to let the market corrections occur. this might be a recycled point of view but it's so unbelievably common sense i don't see how someone couldn't atleast partially agree.

creating a load of government jobs to build shit isn't the answer either because it's just more spending (inflation) and will be inefficient. since when was the government good at getting stuff done. it's their fault for the mess in the first place.

west koasting:
That's what's up

Matty:
i'm gonna put down this way of thinking about america's finance that i heard.

think about it on an individual level. you are broke, unemployed and gotta keep borrowing money for your budget. big debt. obama's plan of building new infrastructure to stimulate the economy is as good as this broke individual borrowing even more money and spending it on fixing his house that he lives in. he didn't have the money to do it in the first place and he still hasn't got a job afterward and is deeper in debt.

building roads and shit only stimulates the economy as far as it takes america further into debt with no real plan of how to fix the massive deficits afterward. atleast spend the money on factories or something, things that will actually stimulate the REAL economy and provide better outlooks for the future.

its complete nonsense peeps.

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