You make comments like this from time to time. I’m not convinced you’re wrong. We do have a number of economic differences today, some that may preclude our pulling out of this in a few years.
Growth was very slow under Bush, and he did come up with tax cuts. I’m not sure how their size compares to what Reagan did. I’ve advocated cuts to spur the economy, but you may have a point that it didn’t work under Bush. On the other hand, Bush’s cuts may not have been drastic enough to spur growth.
What’s your take on what would turn this economy around?
I personally think that pulling back a lot of our manufacturing would help. It puts people to work here, and their salaries when spent will put a lot of others back to work.
Later...