Wednesday, January 28, 2009

stupid congress... LISTEN!

"More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's 'lost decade' in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today." --two hundred economists in an open letter disseminated by the Cato Institute

1 comment:

smellame said...

Stimulous (pork-ulous) packages will only prolong the problem.