Thread: Bernanke: Premature Fiscal Tightening Risky
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Old 10-06-2010, 10:25 PM
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Praxeas Praxeas is offline
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Re: Bernanke: Premature Fiscal Tightening Risky
Quote:
Originally Posted by Jermyn Davidson View Post
Again, Bernanke and many others believe that it was the government's intervention at a key point in this struggle that saved the country, economically speaking.


They have history to back them up. The same experts cite the government's lack of intervention in the beginning that allowed the Great Depression to become so great.
JD, after spending a trillion of the tax payers money do you really expect these guys to say "oops, my bad. We spent your money and it did no good"?

BTW we did a bail out at the beginning, remember? Under Bush? And it just got worse and worse under Obama
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