View Single Post
Old 05-09-2011, 05:48 AM   #20
StizePypemype

Join Date
Oct 2005
Posts
479
Senior Member
Default
Reagan combined spending and tax cuts to achieve the Keynesian strategy of increasing demand through debt spending.

Alternatively it didn't work as well for Bush or Obama.

So it helps to ask yourself how the government can push the economy so much for so long and see little to no sustainable growth for about a decade.

Blame Bush, blame Obama, I don't care. Personally I blame the fact that the US labor market has not been a good investment for about a decade.
None of them caused a down grade in our rating. Obama has.
StizePypemype is offline


 

All times are GMT +1. The time now is 12:01 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity