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URL:  https://boards.fool.com/guh-davids-channeling-his-inner-alstry-go-lick-33970602.aspx

Subject:  Re: Bogus Fiscal Crisis Date:  2/5/2013  3:22 PM
Author:  BigFatBEAR Number:  393826 of 392

Guh. David's channeling his inner Alstry. Go lick a frozen pole in Liberty, David. Maybe being stuck to a pole will yield positive benefits to your ego.

This is the argument Paul Krugman has been saying for quite some time, yes? A fairly standard, and accurate, Keynesian assessment of where we're at. And one of the reasons why most of the GOP is, frankly, full of BS on fiscal issues (to say nothing of social issues).

The question is - will political leaders be brave enough to raise taxes and/or tighten fiscal policy once the economy does fully recover? If the past is any indication, I'm guessing they won't tighten when they need to, just like most investors aren't brave enough to buy/sell when they really need to.


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