Sunday, February 08, 2009


Here is an excellent brief explanation by Harold Chorney about the role of government in delivering stimulus to a failing economy.

John McCain complained today of Obama's stimulus proposal: "I think it's a massive -- it's much larger than any measure that was taken during the Great Depression..." Um, it was precisely the lack of such measures that made the Great Depression the Great Depression and caused it to last over 10 years. We should all be grateful that he lost.

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