Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

On This Week, Senator Conrad calls out Repugs for proposing Hoover economics.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 11:26 AM
Original message
On This Week, Senator Conrad calls out Repugs for proposing Hoover economics.
Damn straight.

STEPHANOPOULOS: Congressman Pence, and the question is, will the House Republicans and Republicans in general also come up with a budget that addresses the kinds of concerns that Jared Bernstein just raised?

PENCE: The House Republicans are going to come up with a budget alternative that is going to be built on fiscal restraint and getting this economy growing again. Look...

STEPHANOPOULOS: A comprehensive alternative?

PENCE: It's going to be a comprehensive alternative. And let me tell you, after -- it's after months of runaway spending on the federal level. I mean, we saw last -- last year's Wall Street bailout, the part of -- auto bailout, and then we saw the so-called stimulus bill, then the omnibus bill.

You know, the American people have had it. I mean, the president's budget, the American people know, spends too much, taxes too much, and it borrows too much. And they want this government and this administration to start doing what families in my district in eastern Indiana, small businesses and family farms are doing, and that is making decisions, setting aside tomorrow what we don't have to spend until today, and putting the family budget ahead of the federal budget.

You know, the president yesterday said on his radio address, he said a firm foundation -- a lot of people will be singing that phrase in churches this morning -- he said his firm foundation of spending on energy and education and health care, well, the firm foundation in this country is our faith in God, our economic freedom, and our natural resources, and the American people know it.

...

CONRAD: Well, first of all, the place where I would diverge from Congressman Pence is, if we didn't take these extraordinary steps, we'd be back to Hoover economics. I mean, the prescription that he just provided is exactly what Hoover economics represented at the time of the Great Depression.

If we did not take these aggressive steps to give lift to the economy at this time of significant contraction, we could have faced an economic collapse. And that wasn't just my view. That was the view of the head of the Federal Reserve. That was the view of the Republican secretary of treasury. That was the view of the Republican president of the United States

http://abcnews.go.com/ThisWeek/story?id=7143160&page=1
Printer Friendly | Permalink |  | Top
ErinBerin84 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 11:27 AM
Response to Original message
1. I really can't stand Mike Pence
He especially bothers me.
Printer Friendly | Permalink |  | Top
 
jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 11:29 AM
Response to Reply #1
2. He's a smarmy self-righteous flat-earth fundie.
There's no doubt something really sordid lurks in his closets.
Printer Friendly | Permalink |  | Top
 
Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 11:31 AM
Response to Original message
3. Good
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 30th 2024, 07:15 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC