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| From 2Millionth Web Log |
...it's no longer a matter of left versus right in this country, but reasonably intelligent versus just plain stoopid:
This morning on C-SPAN’s Washington Journal, a caller asked Rep. Jeb Hensarling (R-TX) how Republicans would solve the current economic crisis. He replied by insisting that the best cure was more tax cuts, and said that recessions are simply "part of freedom":
I don’t think we can figure out how to outlaw recessions any more than we can outlaw tornadoes or outlaw hurricanes. … Economic growth has never gone in one straight line up. It goes in a zigzag line. It’s a part of freedom. Sometimes freedom can be messy. Sometimes freedom has reversals. But it certainly beats the alternative.
Sigh--ignorance might be bliss, but blowing up the global economic and finance system isn't.
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