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Banana
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Join Date: Feb 2005
 
2009-02-06, 08:55

Quote:
Originally Posted by ezkcdude View Post
Or do you think the government should Hoover and do-nothing us through it?
Erm, just to point out that Hoover wasn't a Do-Nothing. If you want a Do-Nothing, try Calvin Coolidge or Warren Harding. One could argue he didn't do enough (as FDR was even more outrageously interventionist than Hoover was), but he certainly was very interventionist.

And I have to ask the same question I asked for bailout- where is the money coming from? There's no such thing as free lunch so someone's got to pay up, and any borrowing to finance investment is kind of self-defeating and practically always a losing proposition.
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