The problem with this rhetoric is that it is based on a misunderestimation of the historic proportions of what has happened to the U.S. economy since 2006. We are not merely in a transitory slump that can be cured by Keynesian "pump-priming." The collapse of the housing bubble exposed systemic weaknesses in the American financial structure.Like him or love him, this was over two years ago when Ron Paul gave this speech.
(below the fold)
Thanks to RMS