Fred Thompson explains the economy - Very funny!

Discussion in 'Politics' started by Gord, Dec 19, 2008.

  1. Gord
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    Gord Active Member

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  2. midcan5
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    midcan5 liberal / progressive

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    There is a tiny bit of truth in that but spending is a solution, the (a) problem was not spending it was margin buying by too many who speculated housing would continue to grow. In a sense it is the bubble mentality that was at fault and the lack of regulatory brakes. And he obviously knows nothing about the great depression as spending helped a great deal. Read the stats sometime. Notice too he is a member of the party that believed fully in voodoo economics. Too funny indeed.

    The End of Wall Street's Boom - National Business News - Portfolio.com

    Timeline of the Great Depression
     
  3. Gord
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    Gord Active Member

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    Uh - no...

    FDR's policies prolonged Depression by 7 years, UCLA economists calculate / UCLA Newsroom
     

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