Wayne.B wrote:
On Mon, 09 Aug 2010 17:52:47 -0500, Jim wrote:

Wouldn't keep the wingers from whining, but those who think would see
he's doing something real about the deficit on the revenue side at
least. He'd then do some heavy work on spending and cost control.

Good strategy for another Great Depression: Reduce government
spending and increase taxes. The last guy who tried it during a
major down turn is not remembered too favorably:

http://en.wikipedia.org/wiki/Herbert_Hoover


Big mistake thinking this is the same economy as 1932.
It ain't. That was the stone age.
Structural deficits have to be addressed.
That's all long-term.
So you want to increase gov spending like many say Hoover should have
done? Right now?
And leave the current tax law as is?
And increase the deficit by trillions while destroying the dollar?
Didn't think so.
You just don't want tax hikes.
You should say that instead of posting some antiquated Herbert Hoover
economics bull****.
If you got more than a link to Herbert Hoover spell it out.

Jim - Telling it like it is.