Chambliss Doubles-Down on Neo-Hooverism

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"Chambliss Doubles-Down on Neo-Hooverism"


Saxby Chambliss makes his clearest statement yet in favor of a neo-Hooverite approach to the economic downturn, positioning himself to the right of Ben Bernanke:

Dustin asked him if he supports Federal Reserve Chairman Ben Bernake’s call for a second stimulus package.

“Should we attach more debt to the current deficit for our children and grandchildren to pay, without knowing its going to help?,” Chambliss responded. “I think if I had to say today, I don’t think that’s a package I could support.”

Far better to let our children and grandchildren grow up amidst an endless depression is, I suppose, his take.

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