johnm h Wrote:
Nov 21, 2012 8:45 AM
While you are right, corrective action that cuts spending will not harm the economy. Keynesian spending is harmful not stimulative and cutting useless overhead strengthen's the economy. But if we should manage to stimulate growth by reforming regulations, taxes then we would face a real challenge as the near 400 percent increase in the monetary base started heading toward a near 4000 percent increase in money. This is why the Obama administration welcomes stagnation. It gives them time to advance their takeover of the Republic.