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Re: Nate Silver prediction on Nov 6, Electoral 

By: faul in ALEA | Recommend this post (1)
Fri, 07 Sep 12 8:01 PM | 113 view(s)
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Msg. 09838 of 54959
(This msg. is a reply to 09836 by Cactus Flower)

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Hi Alea........

The Fed is now buying around 80% of US debt......from
61% last year.............that itself shows you that nobody
believes the US is capable of bearing its debt burden....
Ditto Europe.....Ditto UK.......Ditto the World.........

So where did that $6 Trillion go in 4 years?

To the Rich or the Poor...........??


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The above is a reply to the following message:
Re: Nate Silver prediction on Nov 6, Electoral
By: Cactus Flower
in ALEA
Fri, 07 Sep 12 7:13 PM
Msg. 09836 of 54959

he already did, doma.

i understand you think the us is incapable of bearing its debt burden.

but simply lower the cost of healthcare by 2-3% of gdp, and the us will be on a much better track.

so ... obamacare took a lot of effort, but it begins the process of cost containment. not just with insurance-led models. but also with the growth of medicare-related services. add a public option perhaps, as government-run healthcare is demonstrably cheaper..

another way to escape the debt is to grow the economy faster. so, yes, more stimulus please. but this time, emphasise infrastructure. pays for itself over time.

finally, redraw taxes a little more progressively to increase government revenue from those who can afford it.


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