Sure. When Bush left office in early 2009, it's like the preceding 8 years never happened. That burgeoning economic zit of unprecedented proportions just disappeared on his last day in office. It was magical. You should have been there.
Gabfly1 Registered: Nov 2009 Posts: 2690 New Post 08-21-10 09:37 AM Sure. When Bush left office in early 2009, it's like the preceding 8 years never happened. That burgeoning economic zit of unprecedented proportions just disappeared on his last day in office. It was magical. You should have been there. --------------------------------------------- +1
There are two components to Keynesiansim: 1. Build up a surplus during an economic boom 2. Spend some of it during a downturn to lessen its severity The problem is politicians always forget No.1