Quote:
Originally Posted by scottw
This is no longer a theoretical exercise. The idea that increased deficit spending can cure recessions has been tested, and it has failed. If growing the economy were as simple as expanding government spending and deficits, then Italy, France, and Germany would be the global economic kings. And there would be no reason to stop at $787 billion: Congress could guarantee unlimited prosperity by endlessly borrowing and spending trillions of dollars."
|
Bingo, but the controlling egg heads can't see the the forest for the trees.
They think they're so smart that history doesn't apply to them.
Or then again they have a different agenda for America, and it's
not self reliance and individual ingenuity but socialism, which leads to
nothing more than mediocracy.
Either or, we are headed for the ruination of the best form of government ever devised.