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Stimulus More Dangerous After We Recover

By Jim Vicevich / February 19, 2009 /

Pat Toomey, with the Club For Growth, had some sobering words for Neil Cavuto last night. Not only does he believe that the current Prokapalooza can’t pull the economy from recession, but he believes as the nation recovers, as it always does, there will be those who believe that massive spending was in the fact…

FDR’s New Deal stifled economy for 15 years

By Steve McGough / January 8, 2009 /

So why did the Great Depression last for more than 15 years? In 2009, many think the United States could be in a 1929 situation, where the government has the opportunity to take action by spending more cash, or let the capitalist system loose, cutting taxes and letting the free market run. In the 1930s,…

Recounting, not rewriting, history – the Great Depression

By Steve McGough / April 17, 2009 /

Even though I have two books on the desk that I have yet to finish reading, I’m interested in perusing books about economics. Not advanced economics, but just the basics. I’m still trying to find the time to read Basic Economics – on our book list – but thanks to a tip from the good…

Looking back at the Great Depression – tax rates and more

By Steve McGough / September 21, 2009 /

This is not inside-baseball economics stuff – don’t be afraid. Arthur B. Laffer at the Wall Street Journal has a good historical review of the Great Depression and what happened with tax rates during the period.