Quote:
Originally Posted by Excaliber
Well Dan, at least you recognize a recovery is underway. In spite of the monumental mistakes of the previous administration(s)...
Aint nothing "natural" about it! It is and will be a direct result of an administration that "hit the ground running" from day one and made some very tough decisions within months of taking office.
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You brought up the "Great Depression," comparing it with Obum's crisis. I doubt that is an accurate comparison, but won't argue that point. What is a fair comparison is that both FDR and BHO saw spending our way to prosperity as the way to go. If the public chooses to spend, it works, when the Gov. spends money it doesn't have, AND WON'T GET, it does not work. Throughout FDR's spending programs there were constant signs that recovery was, "just around the corner." A popular Democratic slogan. the stock market rebounded extremely well. BUT, the depression started with the market crash in 1929, and the end of the depression was December 7th 1941. 12 years of outrageous Gov. spending did NOT end the depression despite frequent "signs of recovery." Bombs falling on Pearl Harbor ended the depression, NOT Government waste programs.