Fred Thompson explains the economy - Very funny!

[Gord]

Fred Thompson explains the economy - Very funny!

Fred on the Economy

 

[midcan5]

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

 

[Gord]

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

Uh - no...

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