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The Water Cooler
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In all honesty this breaks my heart ...
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<blockquote data-quote="Rajder" data-source="post: 1292786" data-attributes="member: 11636"><p>Didn't we just have 8 years of cutting taxes, deregulating business, and not enforcing EPA regulations and where did that get us? I used to believe that same thing but when we applied all of those concepts for an 8 year period and got nothing but a declining economy and the worst recession since the great depression I don't know what to think anymore. The only thing that I know is the Democrats want to give all our money to the poor and the Republicans want to give our money to the rich and as usual us in the middle class are stuck holding the check. </p><p></p><p>Pretty much every study done shows that if we give people more money they are just going to save it and not spend it. Businesses have a ton of money but aren't willing to spend it, banks have money but aren't willing to lend it, and consumers are just trying to save their money. I'm not sure exactly how to fix the economy but I am sure that is going to be quite a while until it is fixed.</p></blockquote><p></p>
[QUOTE="Rajder, post: 1292786, member: 11636"] Didn't we just have 8 years of cutting taxes, deregulating business, and not enforcing EPA regulations and where did that get us? I used to believe that same thing but when we applied all of those concepts for an 8 year period and got nothing but a declining economy and the worst recession since the great depression I don't know what to think anymore. The only thing that I know is the Democrats want to give all our money to the poor and the Republicans want to give our money to the rich and as usual us in the middle class are stuck holding the check. Pretty much every study done shows that if we give people more money they are just going to save it and not spend it. Businesses have a ton of money but aren't willing to spend it, banks have money but aren't willing to lend it, and consumers are just trying to save their money. I'm not sure exactly how to fix the economy but I am sure that is going to be quite a while until it is fixed. [/QUOTE]
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