Dusty Bake Activate
Fukk your corny debates
Just saying...I remember back on all these libertarians, free marketeers, paranoid conspiracy theorists, Ron Paul stans, and paleoconservatives were boldly predicting complete calamity and utter destruction of the American economy in late 2008 and 2009.
Meta, Gundam, a bunch of other dudes whose names I can't recall. I remember reading stuff about how the stock market would do a death spiral and our standard of living would be reduced to 3rd world status...all this apocalyptic language and imagery. The dollar was going to collapse. There was several comparisons to Zimbabwe. There was going to be runaway inflation. The stimulus was going to be failure and a disaster. I remember when the Fed announced QE and Gundam made a thread declaring America died that day. We were all supposed to take our money out of the stock market and stock up on guns and canned goods.
Obviously economic growth is still sluggish, unemployment is still high, and no one's satisfied with the progress, but none of that stuff happened.
Ironically, if we implemented y'alls ideas of no fiscal or monetary stimulus, and massive tax cuts, your Mad Max fantasies probably really would've occurred.
Meta, Gundam, a bunch of other dudes whose names I can't recall. I remember reading stuff about how the stock market would do a death spiral and our standard of living would be reduced to 3rd world status...all this apocalyptic language and imagery. The dollar was going to collapse. There was several comparisons to Zimbabwe. There was going to be runaway inflation. The stimulus was going to be failure and a disaster. I remember when the Fed announced QE and Gundam made a thread declaring America died that day. We were all supposed to take our money out of the stock market and stock up on guns and canned goods.
Obviously economic growth is still sluggish, unemployment is still high, and no one's satisfied with the progress, but none of that stuff happened.
Ironically, if we implemented y'alls ideas of no fiscal or monetary stimulus, and massive tax cuts, your Mad Max fantasies probably really would've occurred.