wrote in message
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On Mon, 1 Feb 2010 10:27:25 -0800, "nom=de=plume"
wrote:
Never said they were the same. Deficit spending is needed sometimes.
Regulation is needed in the financial system for sure.
I think you need to be looking toward a time when we will be getting
the deficit under control and I don't see that in my lifetime.
If you look at where the deregulation of the financial system got
started you will see it was during the Clinton and Bush II
administrations.
The deficit or the debt? I think the deficit will improve, but probably
never be gone completely. That's not a terrible thing. The debt will likely
always be around, but can be slowed.
Deregulation certainly continued with Reagan.
http://en.wikipedia.org/wiki/Reaganomics
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Nom=de=Plume