If too much debt helped us into this economics crisis, how is MORE debt

  • Thread starter Thread starter Near
  • Start date Start date
N

Near

Guest
going to make us better off? in the long-run?

Please explain this and help me understand. I am not insulting you liberals and democrats, or demonizing what you are saying. I simply wish to understand you. Thanks. :-)
I want democrats and liberals only to answer this question please, as I want to know their thoughts on the matter. Please don't be discouraged from speaking.
 
You can't just equate all forms of debt. There's a world of difference between a fair and reasonable loan loan that and the predatory lending that got us into this mess.

When the markets are frozen, the government is the only entity left that can stimulate it. What we're seeing today has the same causes - and same solutions as the great depression.
 
It can't... has never worked before, and will be the end of the U.S. as a superpower and beginning of a Chinese superpower, if Obama continues.
 
Back
Top