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An Economic 'Plan'?

ISignFred48 Wrote: Sep 11, 2012 6:49 PM
All of the polls agreed the week of Oct.13, 2008 that Candidate Obama would be the next President. Most of us did not wait until Inauguration to panic. By then it would have been too late. It appeared that Pres. Bush was responsible, but look at the dates, it was triggered by the prediction that we would have a liberal administration and we were going to have to adapt. Pre-existing problems existed but the crash was not the best way to handle them.
rightmostofthetime Wrote: Sep 11, 2012 7:23 PM
"Pre-existing problems existed but the crash was not the best way to handle them."

Huh?

Former president Bill Clinton told the Democratic National Convention that Barack Obama has a plan to rescue the economy, and only the fact that the Republicans stood in his way has stopped him from getting the economy out of the doldrums.

From all this, and much else that is said in the media and on the campaign trail, you might think that the economy requires government intervention to revive and create jobs. It is Beltway dogma that the government has to "do something."

History tells a different story. For the first 150 years of this country's existence, the federal...