Quote:
Originally Posted by detbuch
So if the macro trends are "20 to 50 year cycles that move the flow of money up or down to bring stability (i.e. growth) over the long haul", and if this is the "mixed economy that guarantees life, liberty, and happiness," then worries of unsustainability are unwarrented, and complaints of us being inches away from an Indian style class system are delusional. And if Obama's policies won't influence these happiness guaranteeing macro trends, then his health care and stimulus initiatives are just vote getting gimmicks since, due to the macro trends, there are no actual crises that we must hurry up and fix.
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It's fine to be worried about unsustainable behavior, the point is that the system will more than likely correct itself. Obama's stimulus was perhaps inevitable, and I'd argue McCain would have done nearly the exact same thing. Bush, leader of the GOP was already well down the road...
-spence