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News-Sentinel.com Your Town. Your Voice.
Opening Arguments

Rat. Sinking ship.

It would be good news that an economic incompetent was leaving the White House if there  weren't so many of them left there:

Departing White House chief economist Christina Romer urged Congress on Wednesday to "finish the job of economic recovery" by pumping more cash into the economy through additional tax cuts for businesses and middle-class families, as well as fresh investments in the nation's infrastructure.

[. . .]

Romer, a macroeconomist and expert on the Great Depression, has made no secret of her opinion that more federal spending is needed to prevent high unemployment from becoming a permanent condition. Although acknowledging concerns about rising deficits, she has persistently pressed for more spending than most lawmakers - and some administration officials - have been willing to stomach.

Hey, the stimulus obviously didn't work, so let's do it some more! And see just how high we can run up the deficits and debt! I'm a Great Depression expert, so pay attention!


Bob G.
Thu, 09/02/2010 - 10:19am

All one has to do is ask the Three Stooges WHAT TO DO when you have a hole in the bottom into your boat...
(read ship-of-state)

Why, drill ANOTHER hole in the bottom to LET THE WATER OUT...!
"Soitenly...n'yuk, n'yuk, n'yuk"

(are those economic storm clouds to the East?)
Batten down the hatches, boys & girls.