Comments on: Growth is the key to US fiscal recovery

By: Ghandiolfini

Ghandiolfini — Wed, 21 Apr 2010 22:07:06 +0000

CDNrebel, good points, there are still dividend rates that can fall, it is called ‘ploughback’, another name for going on a financial diet.

By: gramps

gramps — Wed, 21 Apr 2010 21:29:43 +0000

OK, economic growth for whom ?..the banks are fine, the people are out of work..

By: CDNrebel

CDNrebel — Wed, 21 Apr 2010 19:43:10 +0000

It’s also worth noting that Canada slashed its national debt over CDN$100 billion or more than 15% from 1992-2007 while our economy was growing every bit as strongly as America’s. And Canada is not an isolated case…

By: CDNrebel

CDNrebel — Wed, 21 Apr 2010 19:40:37 +0000

The growth of the last 30 years has been on the backs of slashing interest rates and an ENORMOUS build up of debt. Growth fuelled by debt, only made possible by the falling interest rates. Well, now there’s no where for interest rates to fall… all the tax cuts in the world can’t save the economy. It’s time to suck it up and prepare for having less and do what it takes to repair the economic structure. Otherwise, see you next crisis!