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<blockquote data-quote="bbsam" data-source="post: 683460" data-attributes="member: 22662"><p>Thank you, Wk. I will take your assertion that Hoover/FDR is a case study in Bush/Obama. But in doing so the question arises, "Why all the doom and gloom from the Right?" According to Robert Reich on NPR last week, government debt spending under FDR I believe rose to 120% of GDP. We didn't fall apart as a nation. Current unchecked government spending would reach 70% by 2020. My numbers may be off a little, but the point remains the same. The debt is not the number one problem right now and the government in a sluggish economy remains the "buyer of last resort". I will even go so far as to say that maybe even without government intervention maybe the country would have pulled out of the Great Depression. Maybe we'd pull out of this recession without government intervention. But (and this is a huge Rush Limbaugh sized but), life would become far more painful and far more difficult for alot of the citizens of this country. There is nothing wrong with the government helping to alleviate some of that pain no matter how draconian one's reading of the Constitution may be.</p></blockquote><p></p>
[QUOTE="bbsam, post: 683460, member: 22662"] Thank you, Wk. I will take your assertion that Hoover/FDR is a case study in Bush/Obama. But in doing so the question arises, "Why all the doom and gloom from the Right?" According to Robert Reich on NPR last week, government debt spending under FDR I believe rose to 120% of GDP. We didn't fall apart as a nation. Current unchecked government spending would reach 70% by 2020. My numbers may be off a little, but the point remains the same. The debt is not the number one problem right now and the government in a sluggish economy remains the "buyer of last resort". I will even go so far as to say that maybe even without government intervention maybe the country would have pulled out of the Great Depression. Maybe we'd pull out of this recession without government intervention. But (and this is a huge Rush Limbaugh sized but), life would become far more painful and far more difficult for alot of the citizens of this country. There is nothing wrong with the government helping to alleviate some of that pain no matter how draconian one's reading of the Constitution may be. [/QUOTE]
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