The Mudcat Café TM
Thread #102499   Message #2446558
Posted By: GUEST,heric
21-Sep-08 - 12:54 PM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
DougR: Of course it won't crash short term. But we are talking about $7,000 per home on the taxpayers, (to be funded progressively by income tax), plus the costs of a new government agency, plus the costs of the independent firms they will subcontract to, plus the interest on all of that for decades, and ignoring the further devaluation of the dollar.

The economy will be dragging this new deadweight behind it for a long time, while other things remain unfunded and we can't control Iraq or Afghanistan. And we are addressing but a fraction of the bad debt, anyway.

I'll bet Barry Goldwater is dry heaving in his grave while you laugh at the "lefties."

Meanwhile we get to elect a new Republican administration which gives us these inspirational words: "It's so nice to be in a state where they appreciate hockey, good huntin', good fishin', and great football."

Goldwater would vote Democratic in this election.