Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Another trillion in debt - thanks Dems!
Message
From
30/01/2009 15:39:53
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01377976
Message ID:
01378553
Views:
10
Government deficit spending can indeed be the correct course of action. It's not the same as you or me trying to spend our way out of debt. Just look what happened in the 1940s. Despite everything FDR had tried in his 8 years in office, the economy was still in the doldrums.

Which just goes to prove the point that you cannot spend your way out of debt. Several economists have said that FDR's New Deal prolonged the depression.
Previous
Reply
Map
View

Click here to load this message in the networking platform