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Pab Sungenis

(9,612 posts)

1. Austerity is the WORST way to fight an economic downturn.

Reply to marmar (Original post)

Tue May 29, 2012, 07:16 AM

May 2012

That's what Hoover did. And it hasn't helped Europe.

Cut taxes and spend during downturns to get out of them, then raise taxes and cut spending during up periods.

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Paul B. Farrell: Warning: America’s new Age of Austerity starts now [View all] marmar May 2012 OP

Austerity is the WORST way to fight an economic downturn. Pab Sungenis May 2012 #1

The right never wants to recognize that WWII was a government program and ended the Depression... rfranklin May 2012 #2

So was the Reagan "revolution." Pab Sungenis May 2012 #3

In 2008 I wondered why Obama or any Democrat wanted to be President tularetom May 2012 #4

The only ones who should be living an austere life are the wealthy who can afford it. Larkspur May 2012 #5

Thank you. woo me with science May 2012 #7

du rec. nt xchrom May 2012 #6