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It's the Great Depression all over again

With "punishing" unemployment for the foreseeable future, the Obama administration is focused on cutting the deficit. This is exactly how FDR extended the Great Depression. We learn nothing.

The one solution to both problems is to pass a better stimulus bill now, but include triggers that raise revenue in the future once we get to acceptable levels of unemployment. But they seem to be balking on that as well.

By fnord12 | December 11, 2009, 11:02 AM | Liberal Outrage


Reference from SuperMegaMonkey

Democratic strategists warn politicians to not use the word "recovery" in the upcoming election year to avoid seeming out of touch. If only those "strategists" were around back in 2009 when President Obama was pivoting away from economic recovery and...    Read More: None dare call it a recovery