ninjadude, on 11 October 2012 - 05:43 PM, said:
It would have recovered anyway. But much slower. Much much slower. This is already the longest recovery in history. You want it to be worse? why? Wouldn;t be to obstinately obstruct anything the president does would it?
Well according to your graph, the Recovery would have a gap between the ARRA and no Stimulous of about 100 dollars per capita (2012 Projected), where at the worst it would have been closer to 450-475 per capita. If that trend continues the two lines should meet in 2013. So...... It seems that it would not have been significantly lengthened. Maybe by... 15% to 20%. 5 years instead of 4? Or something of that order. That is not "much slower" that is just slightly slower.
So my point still stands that I think the money could be argued to have been better unspent, rather then running up the Debt. It could very well be that the US credit rating would never have been downgraded. Who knows??
Edited by DieChecker, 12 October 2012 - 03:05 AM.
Here at Intel we make processors on 12 inch wafers. And, the individual processors on the wafers are called die. And, I am employed to check these die. That is why I am the DieChecker.
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