"Like FDR, President Obama inherited a nation in economic crisis. Let us not forget, however, that Roosevelt’s policies converted the crisis into a decade-long full-blown depression. Why anyone would seek to emulate that experience is beyond me." - Alan Blinder, in a letter to the Wall Street Journal
4 comments:
I'm always fascinated that those who actually cause the crisis never get any blame.
Crisis? What crisis?
The only crisis is when FDR/Carter/Teleprompter Jesus - style messiahs start trying to intervene in the economy.
@ Invisible Backhand.
I agree! So I blame you for all of your entitlement mentality, that has created a debt ridden, overtaxed, uneducated, and collectivist cluster fuck that we call the government.
Keep digging holes and filling them in.
You have now been blamed.
I'm wondering who created this Fannie Mae/Freddie Mac/Community Reinvestment Act crisis?
Was it the Lion's Club? The Rotarians? The Methodist Ladies Sewing Circle? The BeeGees?
Who was the culprit? HUNT THEM DOWN !!!
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