SpartenOmega117 on 31 December 2012
Well it could be a good idea. The way we get out of recessions, get more jobs, pump economy is by spending a ton of money whether that be on credit or not. We have encouraged increased spending during recessions throughout the nations history, well at least since the idea of Keynesian economics came around. During previous recession the gov lowered interest rates, increased credit, etc. and the country always seemed to come out of recession. However, this past recession is different since simply lowering interest and increasing gov spending is not working and the gov is having a hard time figuring out what exactly will fix the economy. I'm open to Obamas idea
