Sunday, January 07, 2007

Comments on the Economy and How the republicans Have Changed on the Issue

It once was the republicans believed in “pay as you go”, but not anymore. Now they believe in a warped form of Keynesian economics/macro economics. Why is this? This has become a way for them to reward their own, and to boost the economy so there is an appearance of prosperity.

Former US Senator Lloyd Millard Bentsen Jr., a great man from Texas, said that if you spend lots of money like using a credit card you can have the illusion of prosperity. That’s what the republicans have done each time they’ve been in power. Run up the deficit spending borrowed money. They are not responsible. Republicans need to clean up their act!

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