View Full Version : Let's spend our way out of this recession!



mugofbeer
12-14-2009, 10:15 PM
If we do, we may doom our economy!

Deficits Must Be Curbed or It's A Disaster For Economy: Study - CNBC (http://www.cnbc.com/id/34419063)

However, the US could reap a profit from all the TARP bailouts:

"U.S. taxpayers could ultimately see a profit of $13 billion to $14 billion from Citigroup's payback of bailout investments, including dividends paid, a U.S. Treasury official said on Monday."

But would this administration actually do the prudent thing and use this profit to reduce the deficit? Hell no! They said that they will spend their way out of the recession!

decepticobra
12-15-2009, 07:28 AM
the chief problem with the u.s. economy is that its a capitalist one.