View Single Post
  #5   Report Post  
Old March 23rd 09, 08:10 PM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
[email protected] mordacpreventor@hotmail.com is offline
external usenet poster
 
First recorded activity by Weather-Banter: Mar 2009
Posts: 3
Default Obama fails high school math, again

On Mar 23, 7:33*am, Matthew Lybanon wrote:
In article ,
*"Eric Swanson" wrote:

. . .



Republicans, however, slammed Obama's budget as a breathtaking spending
spree. As states and families are struggling to cut spending, the
president's budget "spends too much, taxes too much and borrows too much,"
said Gov. Haley Barbour of Mississippi, in the weekly Republican address.


Where were these Republican critics during the past 8 years of budget
deficits spiraling out of control? *We've done things their way up to
now; don't you think it's time to try something different?

The economic activity generated by building things needed by the
military in World War II is credited for doing more to recover from the
Great Depression than anything else. *More than one economist has
pointed out that we could have gotten the same effect (on the economy)
if we had loaded the planes onto the Liberty ships, taken them to the
middle of the Pacific, and dumped them.



One thing that WWII proved was that the New Deal was too small.

Before the war unemployment was cut in half and the economy was
growing by double digits due to the New Deal spending. The war sped up
the recovery.