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sugarpop · 06-17-2009, 08:52 PM

Well, I am really not fond of all this spending either, and I am worried about the deficit, but I honestly believe that had we not spent all that money, we would be now where we were in the 30s, in another great depression. There have been a few people in the financial sector on TV lately who said people don't realize how close we actually came to complete collapse. Like, serious financial collapse, and everything that goes along with that. And, we still are not out of it yet. It could very well turn back around and go south again. NOT SPENDING really wasn't an option. If we had done that, we would be in a very different situation now. I believe that.

06-17-2009, 08:52 PM	#5
sugarpop Professor Join Date: Nov 2008 Location: the edge of the abyss Posts: 1,947	Well, I am really not fond of all this spending either, and I am worried about the deficit, but I honestly believe that had we not spent all that money, we would be now where we were in the 30s, in another great depression. There have been a few people in the financial sector on TV lately who said people don't realize how close we actually came to complete collapse. Like, serious financial collapse, and everything that goes along with that. And, we still are not out of it yet. It could very well turn back around and go south again. NOT SPENDING really wasn't an option. If we had done that, we would be in a very different situation now. I believe that.