12-21-2008, 05:12 PM
mikeylikesit wrote:
We ain't gonna' spend our way out of this so why not just stop spending and live a simpler existence while letting the chips fall where they may? Pick up what's left and go on from there.
I'm pretty sure most economists are of the opinion that if we are to avoid something like what happened during the Great Depression then we need to do exactly the opposite of what you are saying. You sound surprisingly like a Neo-Hooverite:
http://www.washingtonmonthly.com/archive...016025.php