“our problem is we do not have a Reagan in the WH this time. We have an FDR wanna be. “
WE need to get people to know the TRUTH about the New Deal NOW...
http://www2.nationalreview.com/dest/2009/01/08/fdr.jpg
Thank you for the link.
I'm finding that most people don't understand that to create permanent new jobs that the only way to do this is through private business. If 0 pursues job creation through govt as soon as the stimulus is stopped the jobs disappear. A good example is the 1930's, but even more current the 1990's in Japan.
In the 1930's unemployment was also extended because of stupid wage and price controls and regulation imposed on business. In Japan they ended up with a lost decade because everytime their economy started to grow they stopped their govt stimulus approach and immediately sunk back into a recession.
The bigger issue is what happens in America affects the entire world. At some point other nations will stop buying treasuries and doing business in dollars.
