[Vision2020] Borrow and spend [was Say what?]

[Sue Hovey]

Well Mr. Austria doesn't know his history very well, does he?

Guess he never heard of Hoovervilles.   

Sue H. 
  ----- Original Message ----- 
  From: Ralph Nielsen 
  To: vision 2020 
  Sent: Wednesday, February 11, 2009 6:59 PM
  Subject: [Vision2020] Borrow and spend [was Say what?]


  Borrow and spend! Isn't that exactly what the Republicans have been doing for the past eight years and beyond, beginning with Ronald Reagan? Tax and spend, as the Democrats do, means pay as you go, but borrow and spend leads to bankruptcy. 

  Ralph Nielsen

  "When [President Franklin] Roosevelt did this, he put our country into a Great Depression.  He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That's just history."

  - Rep Steve Austria (R-OH) (February 10, 2009)


  http://tinyurl.com/bwetr3


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