Good point, Ivor. The problem is that during our last period of deep deflation, the government applied the model and failed to produce anything close to a recovery. Average money supply (M1 &M2) in the 30s was twice as high as money supply in the 20s, yet that money did not find its way into credit markets or private investment. In 1939, FDR's Treasury Sec. even said that spending money had not worked and he had no idea what to do next. Perhaps he didn't have any ideas, but the Axis did.

We've reached the first 100 day mark. Happy anniversary to all the America haters out there!


Let's all party like it's 1917!

Coke, got a link to more of these fine posters?

Thanks

Coakley loses! Happy 1 year anniversary Odumba!

He got elected by running as a tax cutter (lol- talk about audacity)) and falsely portrayed himself as a moderate. As Saul Alinsky said, adopt the language of your enemy.

Oh well, now people know the real him. He hid his true self from the country's dummies pretty well for someone raised by his commie grandparents to hate America.