Ed Driscoll

Building a Bridge to the 1930s

Stimulus:

“All we’re doing is going into the basket and saying, ‘Damn, what did they do in ’32, what did they do in ’34, what did they do in ’36,’ and we’re pulling them out, dusting them off, giving them a paint job, correcting the fenders a bit, and we’re using them,” Congressman Paul Kanjorski (D-PA) said. “To get us through the horrendous problems we may have over the next several years, we’ve got to make these old programs work, and we’ve got to be as inventive as hell.”

Ed Driscoll.com, May 10, 2008, the Dow was over 12,700, unemployment was at 5.5 percent, and the collapse of the fall of 2008 was still nothing but a Sorosian fantasy.

Response: “Let’s Be Honest: We’re in a Depression, Not a Recession, And There’s No End In Sight.”

— Richard Posner, the New Republic, today.