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  • rdietsche34 rdietsche34 Mar 26, 2009 2:43 PM Flag

    Obama Humor

    This is one of the more factual posts that have appeared in some time. Finally someone spelled out how to control an overheated economy. It has long been known there are a number of ways to control inflation but the Republicans refused to do any of them because they might be critized for making hard choices. When the economy is going good, this is the time to raise taxes to pay down debt accumulated when the economy needs priming. But, the Republicans chose to keep on borrowing and spending so that future generations would be saddled with the payment of the debt. When the economy is going down, this is the time to lower taxes. If they were lowered during good times, it is hard to lower them any more when the economy goes bad.

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