Will There Be A Depression if Romney Wins: Swingers Discussion 210647101

SwingLifeStyle Swingers Personal Ads. | SwingLifeStyle Swingers Clubs

Busy Swingers Forum

Everything you always wanted to know about swingers.

TOPIC: Will There Be A Depression if Romney Wins

Created by: LQQKNFORU Original Starting post for this thread:
If Mitt Romney is elected president, then the economy may experience another recession, according to Paul Krugman. "I think there's a real chance that he'll manage to pursue a policy in the first couple of years that simultaneously blows up the deficit and depresses the economy," "Tax cuts for the rich, who won't spend them, and slash spending for the poor and the middle class, who will be forced to cut back. And so we end up managing to have a simultaneous deficit explosion and double-dip recession." Tax cuts for the rich do not help economic growth, according to two recent studies, and some analyses have found that Romney's proposed tax cuts would help the wealthy the most. Romney also has promised to slash government spending by roughly one-fifth, which economists say would hurt consumer demand. Krugman said that over the long term, Romney's economic policies could lead to a "depression," saying: "It's the Republican policies that are much more likely to make us end up like Greece." Romney has accused President Obama of pursuing policies that would lead to a Greek-like debt crisis in the U.S. But that analysis failed to take into account that the U.S. budget deficit is shrinking, and that the Federal Reserve can weaken the U.S. dollar when necessary, while Greece does not have that same option for the euro. "I'm not seeing a lot of evidence that he [Romney] really does understand it [economics]. People say he's a smart guy, but it's not visible in his statements, and it's not visible in his off-the-cuff reactions either." I realize that those on the Right will not believe the above, but what if what he predicts comes to pass. What is the Right going to say then? Will you blame it all on BHO? How will you "spin" it.

Created by: LQQKNFORU
Original Starting post for this thread:

If Mitt Romney is elected president, then the economy may experience another recession, according to Paul Krugman. "I think there's a real chance that he'll manage to pursue a policy in the first couple of years that simultaneously blows up the deficit and depresses the economy," "Tax cuts for the rich, who won't spend them, and slash spending for the poor and the middle class, who will be forced to cut back. And so we end up managing to have a simultaneous deficit explosion and double-dip recession."

Tax cuts for the rich do not help economic growth, according to two recent studies, and some analyses have found that Romney's proposed tax cuts would help the wealthy the most. Romney also has promised to slash government spending by roughly one-fifth, which economists say would hurt consumer demand.  Krugman said that over the long term, Romney's economic policies could lead to a "depression," saying: "It's the Republican policies that are much more likely to make us end up like Greece."  Romney has accused President Obama of pursuing policies that would lead to a Greek-like debt crisis in the U.S. But that analysis failed to take into account that the U.S. budget deficit is shrinking, and that the Federal Reserve can weaken the U.S. dollar when necessary, while Greece does not have that same option for the euro. "I'm not seeing a lot of evidence that he [Romney] really does understand it [economics]. People say he's a smart guy, but it's not visible in his statements, and it's not visible in his off-the-cuff reactions either."

I realize that those on the Right will not believe the above, but what if what he predicts comes to pass.  What is the Right going to say then?  Will you blame it all on BHO?  How will you "spin" it.

GoTo Page: 1 2 3 4 5 6 7 8 9 10 ... More

1 to 10 of 92

End

User Details are only visible to members.	The depression created by the Republic-con Party and it titular candidate Willard will be countered by a celestial occurrence prophesied by Pegasus. It will be the Day Of Judgement of the Lord, carrying out the Harvest of His Grapes of Wrath on foolish Americans who accepted the lying lies of the lying priesthood and political cult. [I'll be joining the Riders In the Storm, a division of the Light & Truth Brigade].
Treasure Is FL			Username hidden (6109 post)

User Details are only visible to members.	Dont read them?
Saint Louis MO			Username hidden (12119 post)

User Details are only visible to members.	Real depression is what I feel reading political posts on SLS.
Amherst Canada			Username hidden (1700 post)

User Details are only visible to members.	"Americans are being taxed to support what we call 'public' schools, but are actually "government force-tax-funded schools." Got it. Thanks for clearing it up. Because this and the other stuff only came to be since BHO became POTUS and that is why he is a socialist/Commie whatever.
Cape Coral FL			Username hidden (4080 post)

User Details are only visible to members.	I am not implying anything. I am saying that, based on those posts, you are nutty as a fuitcake... I am typing on my phone, so a more cogent analysis will have to wait until tomorrow...
Lakeside CA			Username hidden (15720 post)

User Details are only visible to members.	tbr, "And here I thought Fj, Lucky, and Mickey were the looney ones" you're not implying me are you? I answered your question.
Sacramento CA			Username hidden (686 post)

User Details are only visible to members.	And again you prove you are the looney one...
Sanford NC			Username hidden (18796 post)

User Details are only visible to members.	And here I thought Fj, Lucky, and Mickey were the looney ones...
Lakeside CA			Username hidden (15720 post)

User Details are only visible to members.	So?
Saint Louis MO			Username hidden (12119 post)

User Details are only visible to members.	Heard of martial law? The US can make curfews... They can take control of all tv, cable, radio, and Internet means, and WE can do nothing. They can take control of all roads, bridges and highways. And even have armed soldiers and vehicles patrol all neighborhoods, private or not. And here is the kicker... The gov't can take control of your home and land. Either in payment or force if they deem it more valuable to the government to the Feds than you.
Tempe AZ			Username hidden (2030 post)

GoTo Page: 1 2 3 4 5 6 7 8 9 10 ... More

1 to 10 of 92

End

TOPIC: Will There Be A Depression if Romney Wins

		HELP
FORUMS: General Discussions: Politics: Will There Be A Depression if Romney Wins