Economists who claim that Obama might repeat the mistakes of 1937 should go back and ask where are Obama's 1930 to 1937. Those years have not yet happened in this recession, so how in the hell can Obama be at 1937 already? Further, where is Obama's pivotal 1936, the year of the fascist uprising in Europe?
This is batshit crazy, these are mainly economists who live and breath the public sector. The election of Brown is not yet a Fascist uprising, only a threat to return to Republican expansion of government and fraud. That Obama nips it in the bud would be a miracle, but there is no reason to try and pacify the masses with more Rahm Doctrine. Absent the missing 6 years, we have to find another model for Obama, and that model is Bill Clintion, 1994, not 1937.
Economists have gotten much wrong, but when they are wrong on purpose, then they should leave the profession.
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