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Politics : President Barack Obama
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To: RetiredNow who wrote (144942)8/6/2014 10:59:45 PM
From: Wharf Rat  Read Replies (1) of 149317
 
"Nothing about Keynesianism through QE and lowering interest"

That's just life support to maintain the economy, for when you can't do real Keynesian stuff. I don't think anybody is happy about it, but when you don't spend money on the usual suspects, like the grid and the potholes and the bridges and the old schools and sewage treatment plants, and the teachers/cops/firefighters/ first responders, or the unusual suspects like bombs and bombers, which is what Raygun did (along with teachers, et al), you are left with the Fed doing the best they can.

The biggest change was in '81, . What happened? Raygun began to take from the 90% and give to the 1%. Maybe we should take money from the 1%, and give it to the 50% by passing the hiway bill and a host of green programs, such as we saw '09.

What's wrong with this picture?

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