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TARP?
The Bush stimulus?
The artificially low interest rates for a decade.
no idea what you are trying to say
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TARP?
The Bush stimulus?
The artificially low interest rates for a decade.
Any economy based mostly on debt is not a stable platform.
did someone disagree??????????????
Any economy based mostly on debt is not a stable platform.
did someone disagree??????????????
Just most all the right wingers during the Bush years.
did someone disagree??????????????
Just most all the right wingers during the Bush years.
so what??? The Bush years are long over???
yep 3 years long over, but the effects will be felt for another decade.
yep 3 years long over, but the effects will be felt for another decade.
you talk as if the liberals were introducing a BBA during the Bush years? The biggest entitlement was the Prescription Drug Bill. Liberals wanted more spending on it than Republicans, for example.
100% of the energy for the BBA has always been Republican since Jefferson; especially so in the Tea Party Era. See why we are positive a liberal will have a low IQ?
"All varieties of debt" have been falling for years even while the federal public debt's been soaring. The argument here is simply the American people telling the hired help in Washington to shape up or find other work.Any economy based mostly on debt is not a stable platform.
And I am talking about all varieties of debt, not just national debt.
And how many jobs would have been created had the money to fund the stimulus not been taxed away from the private sector?
"The single most important phrase in economics is"....
You can't SPEND your way to prosperity.
The Republicans are just as pro big government as the Democrats. Actions speak louder than words--stop falling for empty rhetoric. The sooner you defenders of liberty realize that the better.
One has to be perfectly stupid not to know that Republicans since Jefferson have been for cutting taxes in order to cut government. Its been in all the papers!
One has to be perfectly stupid, no, BEYOND stupid, INCREDIBLY stupid, not to know that the Republican Party was founded in 1854,
All right, Brutus, you've just convinced me you're a troll. Nobody could sincerely be that stupid.
We're done.
we're done because the Congressional Record is right?
"prime the pump" is perhaps the key phrase in all of economics. When you prime a water pump you get it started with a little water and then it runs on its own.
But, when the liberal primes the economy with federal spending it merely creates a bubble not related to or attached to the broader economy and so is not able to pull the broader economy along.
Worse, the bubble bursts causing a depression in the bubble area leaving it worse off than before, plus, the taxation necessary to finance the bubble further recesses the broader economy that was taxed to finance the bubble.
Now we can understand the futility of Keynesian "prime the pump" economics and the futility of using Obama's stimulus bubble to fix the housing bubble.
Ideally we want minimal taxation and Keynesian interference so the free market will organize the economy in the most efficient way possible.
And the Bush experts all thought this would be over in 6 months.
so your point is?