Grover Norquist, president of Americans for Tax Reform, explains why the so-called "Stimulus Package" better known as the Pelosi-Obama-Reid Spending Package won't work during the press conference held by National Taxpayers Union (NTU) and Citizens Against Government Waste (CAGW).
For more information on Americans for Tax Reform and/or Grover Norquist, please visit www.atr.org.
please demonstrate less of an understanding of keynesian economics next time, grover. what the analogy should be is 2 bodies of water: one stagnant lake that the rich people chill in, and a flowing river that is the real economy. the rich people dont reinvest most of their money like conservatives love to suggest; they hoard it because reserves of wealth equal power. obama is forcing them to put their money where their mouth is and actually use it to help the economy
ericfeinberg28 1 year ago
norquist needs a new analogy, btw.
exbronco1980 2 years ago
norquist is saying that going into debt is bad. he's saying that the democrats shouldn't borrow and spend. i'm not an expert in macroeconomics. i know this tho: going into debt is not an inherently bad thing. individuals and companies go into debt all the time. often one has to go into debt to get through life
exbronco1980 2 years ago
Another overly simplistic analogy for an amazingly complex problem, his analogy does nothing but mislead people. This is just another example of how some people think there just is not enough to go around for everyone so only the most vicious animals should get a piece of the pie and f--k the rest. Typical shortsighted narrow minded vision of weak people who are too scared to accomplish anything in there pathetic lives.
peter1114222 2 years ago
The sad part is that analogy perfectly summed up the plan. Lets make america richer by spending more money because we saw how well tat worked during the great depression.
brpadington 2 years ago
too complicated for you to understand?
EvilMongrelMonkey 3 years ago
Surely Norquist can come up with a better analogy for why this stimulus doesn't work than filling up a lake!
whoo689 3 years ago