- Joined
- Dec 13, 2015
- Messages
- 9,594
- Reaction score
- 2,072
- Location
- France
- Gender
- Male
- Political Leaning
- Centrist
about incomes which are now reaching 1999 levels!!!!
And who refused the stimulus-spending in 2010 when they took control of HofR - whilst acclaiming the virtues of inane Austerity Budgeting!
What happened were not only lower income-levels but lower Employment-to-Population Rate levels. No jobs were being created and therefore no impetus either to improve incomes in a morose economic environment.
Only Stimulus-Spending by governments in a downturn will bring back economic activity. We've known that since Keynes pronounced the notion upon the world in his book (1931) and Roosevelt took the lesson seriously. Presidents have been employing the tool adeptly every since. (Except when most Replicant PotUSs think that DoD is where the "stimulus-spending" should be done, then go off to war to show "how right we are!".)
My point: America is in the present mess because it richly deserves to be there after Gross Economic Mismanagement by a succession of Replicant presidents since the 1980s (starting with Reckless Ronnie)!
And you are saying that the Democrats are to blame?
You gotta be kidding or wacko or both ...
_______________
Last edited: