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meadandale
Participant[quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.
meadandale
Participant[quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.
meadandale
Participant[quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.
meadandale
Participant[quote=Eugene]
Yes – some imports will be more expensive, but imports aren’t a big spending category in anyone’s budget. (You’ll have to pay $30 instead of $20 for a pair of jeans! The horror!) [/quote]This is naive thinking at best.
Many people in this country shop at Wally World, or a similar equivalent. Most of the merchandise in these stores is imported. We also rely heavily on imported produce from the southern hemisphere and may increase our dependence on them now that CA is rationing water to the central valley and CA agriculture is literally drying up.
The good ‘ol US of A manufactures very little anymore..when we are buying all this stuff overseas with a devalued dollar your standard of living will most certainly drop…unless you are invested in foreign markets and currencies.
meadandale
Participant[quote=Eugene]
Yes – some imports will be more expensive, but imports aren’t a big spending category in anyone’s budget. (You’ll have to pay $30 instead of $20 for a pair of jeans! The horror!) [/quote]This is naive thinking at best.
Many people in this country shop at Wally World, or a similar equivalent. Most of the merchandise in these stores is imported. We also rely heavily on imported produce from the southern hemisphere and may increase our dependence on them now that CA is rationing water to the central valley and CA agriculture is literally drying up.
The good ‘ol US of A manufactures very little anymore..when we are buying all this stuff overseas with a devalued dollar your standard of living will most certainly drop…unless you are invested in foreign markets and currencies.
meadandale
Participant[quote=Eugene]
Yes – some imports will be more expensive, but imports aren’t a big spending category in anyone’s budget. (You’ll have to pay $30 instead of $20 for a pair of jeans! The horror!) [/quote]This is naive thinking at best.
Many people in this country shop at Wally World, or a similar equivalent. Most of the merchandise in these stores is imported. We also rely heavily on imported produce from the southern hemisphere and may increase our dependence on them now that CA is rationing water to the central valley and CA agriculture is literally drying up.
The good ‘ol US of A manufactures very little anymore..when we are buying all this stuff overseas with a devalued dollar your standard of living will most certainly drop…unless you are invested in foreign markets and currencies.
meadandale
Participant[quote=Eugene]
Yes – some imports will be more expensive, but imports aren’t a big spending category in anyone’s budget. (You’ll have to pay $30 instead of $20 for a pair of jeans! The horror!) [/quote]This is naive thinking at best.
Many people in this country shop at Wally World, or a similar equivalent. Most of the merchandise in these stores is imported. We also rely heavily on imported produce from the southern hemisphere and may increase our dependence on them now that CA is rationing water to the central valley and CA agriculture is literally drying up.
The good ‘ol US of A manufactures very little anymore..when we are buying all this stuff overseas with a devalued dollar your standard of living will most certainly drop…unless you are invested in foreign markets and currencies.
meadandale
Participant[quote=Eugene]
Yes – some imports will be more expensive, but imports aren’t a big spending category in anyone’s budget. (You’ll have to pay $30 instead of $20 for a pair of jeans! The horror!) [/quote]This is naive thinking at best.
Many people in this country shop at Wally World, or a similar equivalent. Most of the merchandise in these stores is imported. We also rely heavily on imported produce from the southern hemisphere and may increase our dependence on them now that CA is rationing water to the central valley and CA agriculture is literally drying up.
The good ‘ol US of A manufactures very little anymore..when we are buying all this stuff overseas with a devalued dollar your standard of living will most certainly drop…unless you are invested in foreign markets and currencies.
meadandale
Participant[quote=briansd1]I wouldn’t mind if, after Obama’s reelection in 2012…[/quote]
The curtain has been pulled back. MANY ardent Obama supporters in the last election have buyers remorse and will most likely not vote for him again.
He’s Carter v2.0…
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