PEN-L
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Re: [Pen-l] Wall Street awaits the new RTC
- To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] Wall Street awaits the new RTC
- From: "Jim Devine" <jdevine03@xxxxxxxxx>
- Date: Mon, 21 Jul 2008 14:23:29 -0700
- Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:received:received:message-id:date:from:to :subject:in-reply-to:mime-version:content-type :content-transfer-encoding:content-disposition:references; bh=xz4mXtTbRKUoLtqMOb9M9d9CSodwgKBbGJmtUlA3mFs=; b=YJb8GP1a7C4aOlrHqOWsxD/oATIITRWdv8sk8tPeI3bSuRJjpXy4sfDhsVkDk8uxQ3 QruxodJyJFfu7WU7ghz9cAzkHauhRCmoyAUvJ78YGqzKxSuWe/srITDnV9sWeQQGNbr2 W3zb1+72Gompi11Jk2rJImww4lWpucRXcTnkU=
- Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=message-id:date:from:to:subject:in-reply-to:mime-version :content-type:content-transfer-encoding:content-disposition :references; b=t/CjDBF8xPP8aXrgymnYlopfV7m9+Zx7EjJbpqSsHT6QEWllIofiR8vGacGlw7525e 09amDoL5EUbld+OO/OMx6qjIYD8+ZLoJ+Ml/aYl5BB6cI295apIcGU3PDVpQu+aOw+i1 O+jZzguXjX0HgPOvQcMzPwMoNSLINM5ri9PGs=
On Mon, Jul 21, 2008 at 5:46 AM, Marvin Gandall
<marvgandall@xxxxxxxxxxxx> wrote:
> I expect the main policy thrust to be higher interest rates and cuts in
> social spending to contain the mounting bailout-related fiscal deficit,
> which translates into austerity for the working class rather than the rich.
why does the Federal government have to worry about the fiscal
deficit? it seems that a bigger deficit could be appropriate in a
severe recession.
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
[ Other Periods
| Other mailing lists
| Search
]