Better Luck than Last Time (Click for article)

It's been amazing to me that the government and more so the American people can't seem to use common sense and historical argument as a means of determining what NOT TO DO this time! It is also amazing to me that we've let people gain power in this country that believe that the reason we spent 11 years in a depression 80 years ago was because the New Deal'ers didn't SPEND ENOUGH!!??

We can't even see the not so distant past and look at Japan in the 1990's. They tried this very thing and they now have what they call 'the lost decade' where they had no growth. They tried to create money and balloon deficit spending and it didn't work.

It won't work. Plain and simple. The only way is for people to feel that the future is steady and will improve. Not be up and down with huge swings, but stable and on an incline (even if it is only a small incline). Until the average person feels safe to spend some dough and more importantly the wealthier of us feel safe to begin investing and creating capital and business and opportunities will we get out of it. Reaganonomics, man. Obamanomics is going to not only keep us here or worse, but it already is creating a house of debt that we will never get out from under, ever. Shame on George Bush for being on their side of this. Shame on all Republicans and conservatives who were/are not railing against ALL OF THIS!

(Click to read WSJ article)