Quote from Gabfly1:
"If everyone just keeps hitting their head against the wall in exactly the same way, then maybe the headache will stop."
Not exactly. There are two sides to the Keynesian equation. Bush employed only the spending, tax-cutting side even when it wasn't actually needed. At least Clinton before him took some measures to work the other side of the equation by decreasing the deficit and going into budget surplus during his administration. And when Bush drove the car into the ditch, to use Obama's analogy, you wish to just "stay the course?"Quote from 377OHMS:
Sorry but your boy broke it so he owns it. The only people beating their head against the wall is the Keynesians who keep deluding themselves away from austerity towards "stimulus".
We all know what repetitive action while expecting new results means.
Quote from Gabfly1:
Not exactly. There are two sides to the Keynesian equation. Bush employed only the spending, tax-cutting side even when it wasn't actually needed. At least Clinton before him took some measures to work the other side of the equation by decreasing the deficit and going into budget surplus during his administration. And when Bush drove the car into the ditch, to use Obama's analogy, you wish to just "stay the course?"
Quote from 377OHMS:
Bush was president years ago. You folks own this economy and will be held accountable very soon.
Quote from Gabfly1:
But you think pulling the US economy out of the ditch Bush left it in was a freebie?