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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (613043)5/26/2011 9:35:14 PM
From: combjelly  Respond to of 1578334
 
"Oh, right. Fiscal stimulus. Great idea. Except it doesn't work."

What do you think cutting taxes without cutting spending is, i-node? Magic?

"We have tried spending money. We are spending more than we have ever spent before and it does not work."

Unfortunately, Morganthau was proven wrong. Not just once, but repeatedly. To the point that the standard response to a recession by every industrialized country is to boost deficit spending. And it has worked, every time.

Despite your claims to the contrary.

Now if you want to talk about ideas that don't work, look no further than Reaganomics. All it has done is transferred wealth to the wealthy, decimated the middle class and burdened us with massive debt.

Yet you think it is the best thing ever.