- May 20, 2009
- 144,340
- 66,700
- 2,330
Yes, it took some time and experimentation to find the right answer.So no longer does America fight recessions/depressions with a balance-the-budget policy, but now with Keynes/FDR policy of government-spends-money.
And it extended the FDR depression by 7 years and made the Obama economy the worst since FDR
The next problem to be solved is how to stop Republicans from starting recession/depressions. I would suggest not to let a Hoover type try to solve the problems for almost four years.
I wonder how Republicans thought balancing the budget would solve the problem?
Obama racking up $14 Trillion in new debt is just more trial and error