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The Basement
Gibson raided
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<blockquote data-quote="Tim McCulloch" data-source="post: 35735" data-attributes="member: 67"><p>Re: Gibson raided</p><p></p><p>Sure, Mark. Ultimately there is the 'us' that votes in folks that make lots of promises. 'Us' also have short attention spans and memories, because we re-elect those same folks.</p><p></p><p>I'm of the Paul Krugman school; the reason for an unremarkable result from the "stimulus" is because it was neither big enough nor spent on the right things to make a quantifiable difference. I *believe* that things would be worse without the recent deficit spending, but I can't back that up any more than someone who claims it to be worthless. We just don't know what _would_ have happened if nothing (or more) had been done. What is certain is that the deficit boogeyman has scared the bejebus out of folks - it was only about 10 years ago that the Vice President said "deficits don't matter"; now suddenly it's a BFD among those who believed his statement a decade earlier. I'm not taking a side, it's just interesting to note the shift.</p><p></p><p>Have fun, good luck.</p><p></p><p>Tim Mc</p></blockquote><p></p>
[QUOTE="Tim McCulloch, post: 35735, member: 67"] Re: Gibson raided Sure, Mark. Ultimately there is the 'us' that votes in folks that make lots of promises. 'Us' also have short attention spans and memories, because we re-elect those same folks. I'm of the Paul Krugman school; the reason for an unremarkable result from the "stimulus" is because it was neither big enough nor spent on the right things to make a quantifiable difference. I *believe* that things would be worse without the recent deficit spending, but I can't back that up any more than someone who claims it to be worthless. We just don't know what _would_ have happened if nothing (or more) had been done. What is certain is that the deficit boogeyman has scared the bejebus out of folks - it was only about 10 years ago that the Vice President said "deficits don't matter"; now suddenly it's a BFD among those who believed his statement a decade earlier. I'm not taking a side, it's just interesting to note the shift. Have fun, good luck. Tim Mc [/QUOTE]
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