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Kasz216 said:
akuma587 said:
So the Cold War can justify deficit spending but a humongous economic crisis can't?

For a lot of people yes.

A full scale Nucleaer war between the US and USSR would of been a lot more disasterous then the current economic crisis.

The fact you can't instantly recognize that is kinda crazy.

I recognize that some people believe that, but saying that the rational behind one is substantially more sound than the other is questionable to me.

I don't blame Reagan for the spending as much as I blame the people who have taken some of Reagan's ideas to such an extreme degree that it has really come back to haunt us.  I hate how he popularized deficits and demonized taxes while doing so under the cloak of fiscal responsibility.  And I think his tax cuts were a good idea for the economic problem he was facing, stagflation.  Tax cuts are about the only way to deal with stagflation.

I cannot stand how some people now believe that tax cuts can solve any economic problem.  That's just as stupid as saying that government spending can solve any economic problem.  You can't fix every problem with one solution.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson