Video of Obama: Stimulus Pulled Us From ‘Great Depression’

Obama the self-proclaimed student of history doesn't know his history (a usual). Fact of the matter is that the Great Depression was prolonged because of the out of control spending. All this debt that we are assuming will simply not help. What is being done right now is what led to Japan's "lost decade." It also deepened and lengthened the Great Depression. Looking back to 1939, Roosevelt's own Treasury secretary, Henry Morgenthau, had realized that the New Deal economic policies had failed. Said Morgenthau,

"We have tried spending money. We are spending more than we have ever spent before and it does not work. . . . After eight years of this Administration we have just as much unemployment as when we started. . . . And an enormous debt to boot!"

That's a quote that should be in everyone's mind right now. It's not. We haven't learned from history and are therefore doomed to repeat it.And by 'we' I mean Obama specifically and the Democratic Party in general. Which brings me to this: Obama: Stimulus Pulled Us From ‘Great Depression’

Speaking of the stimulus: Stimulus Cash Being Used For Obama Logos?