Monthly Archives: September 2010

Obama’s Stimulus Copy of FDR’s “Pump Priming”

Obama’s stimulus is briefly compared to Frankin Roosevelt’s New Deal “Pump Priming.” It shows how deficit spending does not lead to recovery from a recession or depression. Continue reading

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Impact of tax cuts and government spending cuts in 1920s

Are you aware that… The US came out of the 1919-1920 depression when Secretary of the Treasury Andrew Mellon got Congress to do the following: repeal the excess profits tax, lower the corporate tax, and cut in half the personal … Continue reading

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