The next big hit to the economy? | The Lookout - Yahoo! News Repugs? I was right, the housing bubble, not government overspending has hurt the economy more than anything. For those rightwingers who say our social welfare system is too generous they need to come to Europe our systems look draconian compared to theirs. More importantly, taking away social welfare help will take money out of the economy and all those markets and businesses that depended on such money will go to crap and shat will just get worst. Repug solutions, lol, the recipe to disaster.