Reply #5: I think demand-side remedies--*real* remedies, not just a $600 loan [View All]

[leftofthedial]

against next year's tax refund--would accelerate recovery.

The New Deal, the WPA and other FDR demand-side remedies really helped in the previous Depression.

So far, all I've heard from repukes is, of course, more supply-side stupidity. Obama has alluded to (without specifics so far) a WPA-style program, but all his other economic remedies and his health-care plan are supply-side, "free-market" nonsense. His ideas will improve over the utter madness of the 28-year raygunomic gilded age, orgy for the rich, but they won't really fix anything.

I guess we'll have to wait and see if he keeps appointing free-marketeers or if he wises up and moves to the left for a real economic remedy.