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An Economic 'Plan'?

Paleo-Con Wrote: Sep 11, 2012 4:29 PM
In fact, Reducing RATES increases investment EVERY SINGLE TIME the government has chosen that route. It amazes me that history means nothing to progressives (I use that term as pejoritively as they use trickle-down). Or, is it that it does mean something to them - a stumbling block?

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...