Posted on 02/04/2009 8:48:45 AM PST by conservativegramma
South Carolina Gov. Mark Sanford tells Newsmax that the economic stimulus plan now before Congress is more pork than stimulus and a “huge mistake.”
Sanford, who is chairman of the Republican Governors Association, also warned that dealing with the nation’s crushing debt will be “painful” — and said Republicans who voted against the stimulus package in the House should be “proud.”
(Excerpt) Read more at newsmax.com ...
This is what I fear also.
The Democrats see 15 years of economic pain as a tiny price to be paid for the chance to gain absolute power over the economy.
In regards to the excessive government spending...yes that kept the Great Depression going...
The one thing that impresses me with Sanford is that...with SC having one of the highest unemployment rates....he has not been “running to the trough” like other GOP governors.
Somehow I get this feeling that SC will rebound from the economic downturn much quicker than other states....with Gov. Sanford not losing his composure....now if he would only choke and drop-kick Lindsey Graham....
Mark Sanford is one of the only principled Republicans left in an executive position. He may be one of the leading lights going into 2012 — and this stand he is taking may be putting him in line for that campaign year. He needs our support!
Basically by creating a giant government boondoggle, all will rely upon what the governemnt hands out and that is based upon what the government creates. The only thing that government can create is order or theft and order is being thrown out the window with theft left in charge.
South Carolina being represented! Way to counter Lindsey Olin Graham!
He certainly seems to be setting himself up for the White House in 2012. If he sticks to his convictions like this then he bears watching.
Not true...in the early part of the depression President Hoover-GOP cut taxes, spending and sent money to the banks...No money was allocated to help an increasingly desperate population. In a time of deflation, most economist believe the only way to save the economy is by throwing money at it...stimulation. Of course you need a good package-not the garbage the Dems have come up with.
South Carolina is in very bad shape...I’ll hold my judgment until I see how Sanford governs his state.
No, it depends on 'which' economist you talk to. Many believe FDR PROLONGED the great depression.
How Government Prolonged the Depression
FDR and Workers Capitalism from Capital Flow Analysis
Great Myths About the Great Depression by Thomas Sowell BTW: Try reading some of Sowell's books on economics - fabulous.
How FDR's New Deal Harmed Poor People from the Cato Institute
FDR's Policies Prolonged Depression by 7 years, UCLA Economists Calculate
The truth is for every pro-FDR article claiming how 'he saved us all etc. etc.' there are 2 or 3 claiming the opposite.
"What did you learn in school today, dear little boy of mine?
What did you learn in school today, dear little boy of mine?"
"I learned that Democrats never lie,
I learned we all deserve a slice of the pie.
I learned that recessions aren't so bad,
I read about the great ones we have had.
Our leaders are the finest men,
And we elect 'em again and again.
And that's what I learned in school today,
That's what I learned in school."
Obama Owes America an Apology for His Lies About the US Economy
Rush Limbaugh Show | February 3, 2009 | Rush Linbaugh
Posted on 02/04/2009 11:13:15 AM PST by yoe
http://www.freerepublic.com/focus/f-news/2178340/posts
I don’t. You could not possibly harm more people than Hoover did...how many died of starvation? I have read the reports also, but I looked at GDP and unemployment. Undoubtedly things improved under Roosevelt. I can send the data if you like. Roosevelt kept people alive...the ‘rugged individualism’ of Hoover was the worst thing in this situation.
Hoover enacted Smoot-Hawley you know. Roosevelt removed the trade barriers but everyone was in a protectionist mood so it did not really help. Personally, I don’t believe protectionism prolonged the depression, it was a convenient excuse for Wall Street who did in fact cause the depression much the same way as today’s problems...derivatives are not new...the bucket financing was really a low tech version...it was outlawed, but the law was revoked in 2000.
Sweden went Keynesian completely and was the first nation to emerge from the depression. The Depression had begun after the crash as things got worse and worse. There is no reason to believe that the policies of Hoover would ever have worked. I don’t think tax cuts help deflation. I do think throwing money at the problem possibly could re-inflate the economy. The stimulus plan we have now is junk...not worth passing. However, a good stimulus plan might help. I worry about high 20’s unemployment if nothing is done.
Consider the possibility that the Dems WANT a Great Depression. Consider that the desperation created by a Depression would allow them to seize absolute power.
I’m not defending Hoover. Did you even bother to read the links I posted?
I have considered that possibility and I agree with you. I have always believed this is a power grab. Straight out of Saul Alinksy and ‘manufactured crisis’.
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