6ftdeep wrote:This thread is making my head hurt.. Everyone should agree to just disagree. I m not even sure why I keep reading it.
Most people have pretty strong feelings about these topics, and it is very hard to convince someone of those feelings of anything differently, specially on topics such as these. Both sides could have valid points, but each side is going to disregard the valid points and focus on the invalid points.. Naturally how debates work .. You go in circles, and it is usually the side that can better articulate their points and grab better attention and pick apart the not so good points of the other that seems to come out on top.
Its pretty interesting the thoughts people have on the subject, tough. And even more interesting to see how many people avoided the conversation.
Economics is a confusing topic for a lot of people. It's probably why a lot of people stay out of the debate. Even for those of us who are educated on it, we can stand by our policy thoughts all we want, but it's still a tricky thing. That's why you have guys like Bernanke who are vetted immensely before being given the power to make economic policy changes.
I think we all can agree that the current economic model, as it stands now, is not good for the future of this nation. The amount of debt, the trade gap, etc has us on a path of unsustainability; we cannot keep an economy afloat on home building/buying and service jobs like we have tried to do for the last 10 years. We need growth and manufacturing, we need energy, etc. The problem is, nobody can agree on what or how to make the policy changes that are needed to bring us out of this recession GLOBALLY and get us back on the right track.
Maybe if we grew some balls and made China stop deflating their currency to further their standing, we could see some headway, but I don't see that happening anytime soon.