I just cannot stand when people try to argue about the economy

because common sense can get you pretty far when dealing with money.

 

Barack Obama is "in office", not George Bush.

 

I think Sky just put up this thread to see who would bite!

Chomp

 

lol

 

then maybe we should have people from elitetrader make the economic decisions of the federal government

 

"I just cannot stand when people try to argue about the economy"


Well then, just sit.

 

Yah, because those "university trained" professors sure know what they're doing. They're the only ones who seem to have a complete understanding of the situation.

As a previous poster stated, economics is not a hard science and cannot be compared to medicine.

 

Try to find a university professor who can tell you how to control the effective credit multiplier in our banking system.. (not simply set the maximum multiplier)

Hard science or not, no one out there can even answer that question in a manner that will relate to a practical solution without absurd unintended consequences. And thus, we are in a quandary.

We're flying blind in a system we don't have full grasp over. Thus it becomes understandable how discussions about the economy can have a lot in common with ones about religion.

 

Yeah, what he said.