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Reply #13: He can't offer another stimulus [View All]

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Oasis_ Donating Member (201 posts) Send PM | Profile | Ignore Mon Aug-08-11 11:38 PM
Response to Reply #12
13. He can't offer another stimulus
as the House simply wouldn't even begin to argue its merits. It's DOA. But the "hidden" stimulus is in the falling commodity prices. That's how we're going to turn this thing around. It may get a little worse before it gets better, but right now it's all we have. QE3 would be the death knell. Allow the markets to self-correct and align us on a course to expand. Volcker created the recession of '82 to combat inflation--we can create the GENUINE recovery of '11/12 on the back of falling commodities.

Oasis
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