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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (585752)9/16/2010 1:43:06 AM
From: i-node1 Recommendation  Read Replies (3) of 1574102
 
>> Reagan's massive deficits say that his tax cuts were a total failure at "raising revenue", as was "supply side economics"

Chris, I'm pretty comfortable waiting until November to see what the American People think.

But it was great to hear Ron Paul on CNN tonight saying, "Keynesianism is dead". Something some of us have been saying for while in so many words, but he put it succinctly.

What we know is that spending a trillion dollars did ABSOLUTELY NOTHING to improve our economy and probably damaged it further.

The argument that government spending can bring about economic prosperity is just about to be retired into the annals of failed economic policy.
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