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Drowning In Red Ink

From Instapundit - redink.jpg

Now - I know that Bush ran up the bill a bit - but for the life of me I can't see how Obama's massive overspending will correct things.

And something else - you know all those folk who discount the idea of trickle-down economics? Isn't this whole stimulus plan BASED on the hope that trickle-down from massive government spending will somehow fuel the economy into a growth spurt?

How do you get it both ways? Or is it only valid trickling if GOVERNMENT does it while pouring out tankersful of red ink?

J.

Comments (1)

suek:

I've been trying to learn more about the economic stuff, and frankly, don't feel I'm succeeding particularly well. This is one of the sites I've been visiting, and found this article today.

Opinions?

http://market-ticker.denninger.net/archives/977-Squirrel-Finds-Nut-IRA.html

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