TheRealMafoo on 18 May 2009
| rocketpig said: I'll reserve judgement until Obama does something other than spend money we don't have. The amount of money he is throwing out there unregulated is frightening. |
Yea, and the difference in how FDR spent a lot of the money, was to create jobs for people. He did it in a temporary way. Terraformed lands, built roads, whatever. When the economy came back, those jobs (and the cost of them) went away.
Obama is spending money by making permanent policy. When the economy comes back, those dollars will still be spent.
How the government plans to collect those funds, no one knows yet. It's been proven taxes won't do the trick (we have never collected more then 21% of GDP in this country), so not sure what will happen.
