Ignoring the Obvious Cure

Obama says the recession “could linger for years” if he doesn’t “pump money into the economy” with a “stimulus package,” much like Bush did, with no results. This is Keynesian economics, a system that has been proved wrong for many years, that government spending and DEFICIT spending can stop economic downturns. He refuses to learn from history, that every time you REDUCE taxes (as John Kennedy, Ronald Reagan, and George Bush did, which INCREASED the "tax take" each time, in Reagan's case almost DOUBLING it), allowing investors to KEEP more of their money. So they will invest it in projects that will not only create MORE taxable income, thus INCREASING the “tax take,” PLUS creating MORE JOBS. This is the “cure” that is obvious to most intelligent people, but not to Democrats, and especially not to socialists, which Obama IS. (Yahoo News/AP)