What is the point of this 48 second sound bite? Are we conservatives supposed to be impressed that you have at least said something? As I recall you guys got the bailout and spendapalooza going when you voted in the TARP for Bush, which clearly "pre-socialized" the economy and laid the ground work for Obama to be able to continue to blame all the spending on Bush. So while you distance yourselves from blame, Obama blames Bush. Come on you RINOS, get some "cajones" and make some real noise!
Actually the great depression ended because of the start of world war 2. Unemployment was virtually eliminated because of the war economy (in which the government subsidized businesses). In fact most of the New Deal regulations were in effect until the deregulation during the 70's and 80's.
All of teh massive spending programs, the so-called shovel ready projects NObama wants to copy ended with the beginning of WWII. The govt stopped trying to pretend it could employ the country and concentrated on fighting the war.
THAT is when the economy recovered.
The new deal was a failure and NObama is copying. Therefore NObama will screw up the economy far worse than any of his predecessors.
Look up Japan's lost decade. They tried to spend their way out of a recession and it didn't work!
Actually we were doing fine while we had a republican senate and house. It was when the democrats took the majority in both houses when things started going down the tubes. But as far as the financial mess, most of that was caused by democrats like barry frank, chris dodd and there friends on the housing and banking committees. You should educate yourself before you try to blame those that you hate. Otherwise it kinda makes you look stupid. The liberal media will only tell you one side.
The housing market crashed because the housing committee forced Fannie Mae and Freedie Mac to make loans to people that NEVER should had got loans. By the way, that committee has been full of democrats for a long time.
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Thomas, Snellville, Ga
AnthonyRaindrop 2 years ago
Probably on planet Keynes
anon2999 2 years ago
I think he lost Obama voters when he said "accumulate"
anon2999 2 years ago
What is the point of this 48 second sound bite? Are we conservatives supposed to be impressed that you have at least said something? As I recall you guys got the bailout and spendapalooza going when you voted in the TARP for Bush, which clearly "pre-socialized" the economy and laid the ground work for Obama to be able to continue to blame all the spending on Bush. So while you distance yourselves from blame, Obama blames Bush. Come on you RINOS, get some "cajones" and make some real noise!
creaturesGREATnSmall 2 years ago
Do some research on "The New Deal", where did you study you economics? I guess you did not study economics at all.
basakanon2009 2 years ago
I HAVE done research on the New DEal. All it did was PROLONG the depression! Even FDR's treasury secretary admitted that.
The country's economy didn't recover until FDR stopped all the new deal shit when World War 2 started.
The truth is that Keynesian economics is a proven failure and has never worked.
TNT93535 2 years ago
Actually the great depression ended because of the start of world war 2. Unemployment was virtually eliminated because of the war economy (in which the government subsidized businesses). In fact most of the New Deal regulations were in effect until the deregulation during the 70's and 80's.
basakanon2009 2 years ago
All of teh massive spending programs, the so-called shovel ready projects NObama wants to copy ended with the beginning of WWII. The govt stopped trying to pretend it could employ the country and concentrated on fighting the war.
THAT is when the economy recovered.
The new deal was a failure and NObama is copying. Therefore NObama will screw up the economy far worse than any of his predecessors.
Look up Japan's lost decade. They tried to spend their way out of a recession and it didn't work!
TNT93535 2 years ago
Actually this budget will help fix the mistakes that the republicans made under Bush.
basakanon2009 2 years ago
says obama.
thatonedude675 2 years ago
Actually we were doing fine while we had a republican senate and house. It was when the democrats took the majority in both houses when things started going down the tubes. But as far as the financial mess, most of that was caused by democrats like barry frank, chris dodd and there friends on the housing and banking committees. You should educate yourself before you try to blame those that you hate. Otherwise it kinda makes you look stupid. The liberal media will only tell you one side.
bucshockey04 2 years ago
The housing market crashed because the housing committee forced Fannie Mae and Freedie Mac to make loans to people that NEVER should had got loans. By the way, that committee has been full of democrats for a long time.
bucshockey04 2 years ago