Quote:
Originally Posted by wig
Well, I think that is a little simplistic.
I'm obviously no fan of the situation we find ourselves in, but I'm not sure the people who are calling for the Gov't to get out of the way and refrain from spending money during an economic crisis really understand what the consequences would look like.
What do you think would have happened if Bush/Obama did not attempt to stabilize the system?
I can't even imagine anyone in power choosing to let it all collapse. It may happen anyway, but as a strategy? To do it on purpose?
There is such a thing as the lesser of two evils.
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Yes wig and as you might be familiar, the lesser of two evils would have been for us to fail and start over. What the government has done(lol at Obama Administration), is postpone the inevitable and make the inevitable exponentially worse. I follow the school of thought that if something is going to fail, let it fail and start all over again. It would destroy so many lives, but I'd rather have it happen sooner to less people, than later to more people. What Europe is going through is nothing compared to what we're going to go through when it's end game.