Bush & Greenspan methods fighting against recession:
- Increased deficit spending
- Loosening of monetary policy, significantly lowering feds funds rates
Housing Bubble
Obama & Bernanke methods fighting against recession:
- Increased deficit spending
- Increased deficit spending
- Loosening of monetary policy, significantly lowering feds funds rates
Albert Einstein's famous definition of insanity is as follows: Doing the same thing over and over again and expecting different results.
Lasse Enersen:
Adele Enersen:
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1 Comments:
I could kiss you for these posts! I am a grad student in the US and there are many people that claim Obama and his policies are beloved around the world (even when I find myself shaking my head and wondering "why?" so it is very refreshing to find that is not always the case.
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