tag:blogger.com,1999:blog-122860087135730716.post5935268431032015389..comments2024-03-11T00:20:28.670-07:00Comments on Richard H. Serlin: There's no excuse for underspending on great high NPV investmentsRichard H. Serlinhttp://www.blogger.com/profile/09824966626830758801noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-122860087135730716.post-12165170113154907482009-01-12T23:12:00.000-08:002009-01-12T23:12:00.000-08:00Scary how much that graph looks like this one:http...Scary how much that graph looks like this one:<BR/><BR/>http://macromarketmusings.blogspot.com/2009/01/great-depression-debate-in-one-picture.htmldonnahttps://www.blogger.com/profile/00762690167864156774noreply@blogger.comtag:blogger.com,1999:blog-122860087135730716.post-10743264501079765332009-01-11T07:10:00.000-08:002009-01-11T07:10:00.000-08:00Thanks for the post, it is clear and it seems non-...Thanks for the post, it is clear and it seems non-misleading. <BR/><BR/>With regards to Obama's "la la New Age persona" I think he was trying to communicate his philosophy of governing and his core principles. The test will be how his policy-results-policy loop works. A key indicator, I believe, is his willingness to accept responsibility when things do not go right. <BR/>A key element is the number of people such as myself being able to understand the policy debate and the result. I think blogs such as yours are invaluable in this regard. ThanksAnonymousnoreply@blogger.com