Democrats are another Republican Party.

[Kasz216]

PS3beats360 said:

Kasz216 said:

Also, I will agree the Democrats are like the Repubican party.  Not for the reasons the OP said...

but just because they're ineffectual and their attempts to fix things only lead to bigger holes, issues and problems.

This election will cause a deadlock and prevent anything from happening.

 

Which, you'd think would be bad for change... but when both parties ideas on fixing our economic boat is to shoot more holes in it....

 

Yeah.  Better to do nothing.

 

Spending doesn't fix a problem caused by spending.

Both main parties way out of an economic recession would be to use different spending measures and lowering taxes to stimulate the economy. Governments spend during an economic downturn and save during a booming economy. Spending is needed to generate jobs. Private spending drops off and job losses during an economic downturn. Government must spend more money to create demand and create jobs to keep the economy running. When economy recovers and private spending increases, then government spending decreases. 

Spending in the economy creates more  jobs and increases economic activity. A government not spending during an economic downturn would be a bigger mistake. Public works programs help stimulate the economy and creates jobs and benefits the nation. Deficit spending is good during an economic downturn lasting a year or two in a 7 or 10 year economic business cycle. Tax cuts plus deficit spending are good for the economy.

Public railway, public roads, public hospitals and public schools and other public community infrastructure are public works programs that benefit the nation. Wasting money on never ending wars overseas and expanding your defense force larger than the Roman Army is  waste. $1 billion per day of the US national budget is  being spent on the US Defence budget.

Yeah, except in all of our history of trying that... it's never worked.

Kensyian economics has never worked... It didn't work under FDR, It didn't work under Nixon... all it ever does is create a double dip that prolongs the recessession and makes things worse.  It will happen again here.  We had some good GDP growth this quarter but it was all due to inventories rising in quanitity higher then expected.  Which means it will be a drag in further quarters likely leading to a big double dip.  Private spending will decrease with public spending... because the incentives to spend will disapear.

 

Furthermore, we're recovery from a downturn in the economy that was caused by government intervention causing a downturn in realesetate markets across the country, that cause the derivitives market to crash.

The economic downturn's problem was basically government interefereing and causing problems that the banks couldn't account for, because such problems were unheard of and impossible to happen in normal circumstances.