Quote:
Originally Posted by Cali Coug
Keynesian economics, my friend. That is what dug us out of the Great Depression (view WWII as a gigantic spending project of the government, along with all of FDR's programs).
As I mentioned, the idea is to lift multiple sectors of the economy, not just one. That is why there is a lot of spending for R&D as well.
Again, whether or not this bill makes sense is one debate, but Tex's statement that none of the spending he listed does anything to stimulate the economy reflects a deep lack of understanding of economics.
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How cute. There's still a few people left who think the New Deal ended the Great Depression. That little War in the 40's ... all part of FDR's grand economic plan.
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