asterism
Congress != Progress
Wait a minute! Isn't this the same school of economic theory that tells us that in spite of the fact consumer spending makes up to 70% of economic activity, only the wealthiest deserve tax breaks?If the mess Bush left was just an average economic downturn, you might have a point. But banking, Wall Street and the Global economy drove into the ditch on Bush's watch. It may take more than giving rich folks a tax break to solve the problem.
Ditch or no ditch the results don't match the predictions from the group telling us to "Put the car in D."
[ame]http://www.youtube.com/watch?v=VTRHkRqIjs4[/ame]
No.
Isn't this the same school of thought that condemns trade unions so they can drive wages down to Chinese or Indian levels so the stock holders can see a greater profit?
No.
Doesn't it then follow that lower wages depresses economic activity?
Lower wages do to a point, higher wages do to a point.
Isn't this the same school of thought that champions loosening regulations on Wall Street so risky schemes like derivatives can reap high returns for a few while endangering the financial system for the many?
No.
Good idea! Let's do the very same things that created this mess in order to alleviate this mess!
I'm not suggesting that. I'm pointing out how the current plan isn't working.