Thread: Cantor Bets Against U.S.
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Old 07-11-2011, 09:41 AM
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MS Fowler MS Fowler is offline
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Quote:
Originally Posted by Honus View Post
I did misread your previous post. I think I got thrown off by the reference to "democrat hysteria."

That said, I disagree with your priorities. The debt and deficit are problematic, but are not a crisis. Unemployment is the crisis. We should be investing, not cutting. Like this guy says: http://www.washingtonpost.com/opinions/want-to-avoid-another-depression-try-understanding-the-first-one/2011/07/07/gIQAbKlx6H_story_1.html
I might even agree with you. The question then becomes, How do you "invest"?
The private economy is the only long-term solution. Government "jobs" do not grow the economy. Growth happens in the private sector. So how does government encourage growth and hiring in the private sector?
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