Quote:
Originally Posted by icenine
Charles deficit spending is here to stay read some American and 20th Century history....it is not going anywhere. If we did not run deficits and if banks did not create money by loaning way beyond what they hold in reserves none of us would be able to own our own homes. It has to be properly regulated though.
It is sad that there is such anger about government in general....I can tell some people have never been out of the US and fail to appreciate what we have here in this nation. We have problems and big government debt that needs fixing. But destroying government is not the answer.
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What in the world? Deficit spending is good now? Really?
OK, so all those posts that blasted Bush for screwing up the economy - can we please get those removed? Cuz if this post is right, then Obama would never have had a messed up economy to fix with all his deficit spending. If this post is right, then why bother with fiscal restraint at all? And thank you God for all those banks that you guys bashed in earlier posts for kicking their own underwriting rules to the curb and loaning way beyond their reserves and thus creating all those toxic assets.
Sheesh!
05-10-2012, 06:41 PM
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