Pento: “The government can have only a negative effect on the economy. Government is vacuous entity...We should cut taxes aggressively and cut spending aggressively. To make impotent the government and give the private sector and the free market as much power as possible so we can grow our way to of this fiscal mess as soon as possible while we strengthen our currency.” (SNIP) Pento: The economy needs to go through a “severe, hopefully truncated, depression. Have it now, have it in the safest and quickest fashion so you can get onto a real and viable recovery.””