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Old July 27th, 2004, 07:37 PM
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Arryn Arryn is offline
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Default Re: OT: Jibjab, Politics, the Big Bang and more!

Quote:
Originally posted by vigabrand:
Sorry to burst your bubble, but those policies led to the good economy of the 90's.
You are massively clueless. If you think that deficit spending leads to a good economy you should talk to former Soviet economists. Deficit spending was the ultimate cause of the collapse of the USSR. The US (along with NATO) bankrupted them by forcing them to spend more on their military than they could afford. Contrary to Khrushchev's famous line "we shall bury you", we buried them -- in debt.

EDIT: what led to the good economy of the 90s was the so-called "peace dividend" when we dramatically cut back on how much money we spent on defense after the USSR collapsed. IOW, when we quit deficit spending.

[ July 27, 2004, 18:52: Message edited by: Arryn ]
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