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They treated them exactly as they are: Temporary illnesses like colds or flue caught by an economy for reasons having entirely to do with the inner workings of an economy.
They just let the economy do what it has always done - - - right itself and start rolling again.
But this current crop of idiots have convinced themselves that they must fuck with it - - as if they could possibly apprehend what motivated an economy to do any given thing on any given day. The problem is that they can't do either. They can not reliably mess with an economy and they can not understand it either.
Which all pretty much means that they are way more likely to do harm than good. Which seems to be the case.
We were promises an immediate turn around and got only more jobs losses and a weaker dollar.
More businesses are going belly up and more are leaving the USA for places like Australia and Ireland.
I know for a certainly that if I had a business with a global market I'd be moving to Australia or Ireland. Why stay here where a pack of psychotic vampires will bleed you dry?
They just let the economy do what it has always done - - - right itself and start rolling again.
But this current crop of idiots have convinced themselves that they must fuck with it - - as if they could possibly apprehend what motivated an economy to do any given thing on any given day. The problem is that they can't do either. They can not reliably mess with an economy and they can not understand it either.
Which all pretty much means that they are way more likely to do harm than good. Which seems to be the case.
We were promises an immediate turn around and got only more jobs losses and a weaker dollar.
More businesses are going belly up and more are leaving the USA for places like Australia and Ireland.
I know for a certainly that if I had a business with a global market I'd be moving to Australia or Ireland. Why stay here where a pack of psychotic vampires will bleed you dry?
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Re: In years past governments let recessions run their course
Sat, July 11, 2009 - 3:45 PMRecessions don't just happen, there created...always has been Zip you know that....there is not a businessman alive who doesn't know one true fact....if you leave the interest rate alone at a resonable rate no more that 8% interest that all business will find the equalization of the market and productivity would resume at a constant and affordable rate in time...the growth of the national GNP would be constant and future demands could be met with efficentcy....but what the Fed did was got all the money gamers into the action...you know the hucksters and players on Wall Street....they milked the machine...which is what the idea of the Fed...keeping the rate low....instead of growth you will get Inflation....yea I took Business as well....its all bullshit....thats why I am so radical to day....the formula was proven at 6% mortgage rate in the 50s that created the boom in the economy......just research it and see. -
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Re: In years past governments let recessions run their course
Sun, July 12, 2009 - 8:34 AM************Recessions don't just happen, there created****************
That is the stuff of conspiracy theorists and other mental defectives.
All the largest moneyed entities on the planet are in ferocious competition with each other.
There is no great cabal.
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