Re: Hellpuppy, I am so glad you were wrong....
Lots of over simplification on all of our parts. None of us are economists. I'm just going back to my original point that I dont think bigger gonvernment fixes anything. It can bandaid things and quiet the populace, that's about it.
Even FDR and his "new deal" to end the great depression. He put a lot of people to work, that was the start of a huge growth of American government. Before it ran it's course, we entered World War II. That war really stimulated the economy, everyone was working in jobs to support the war or serving in it. And we rode the waves of growth when the men returned home right into the baby boomer area, the development of the Interstate system, huge growth in automive and technologies like television, aerospace, etc.
It all starts with jobs.
Obama is right about one thing, and I hope it works out sooner rather than later. A conversion of our energy infrastructure from fossil fuels to something else could give us another 30-40 year ride.
But if nothing changes, Mexicans will be doing the physical labor of building it out, the hardware technology will be built in the pacific rim and the code will be written in India.
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