In an open letter disseminated by the Cato Institute, two hundred economists stated, "More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's 'lost decade' in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today."
Spending Our Way To Prosperity By Harris Sherline
"O LORD, revive thy work in the midst of the years, . . . in wrath remember mercy" (Habakkuk 3:2).
"Wilt thou not revive us again: that thy people may rejoice in thee?" (Psalm 85:6)
Wednesday, February 11, 2009
Quote about the Stimulus Package
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