Fifty One Herbert Hoovers

Fiscal Expansion on the spending side has simply not been tried.

Paul Krugman:

Why Have Deficits Exploded?: For all those commenters saying that we must have had a surge in government spending — I mean, look at the deficit! — a simple picture.

Government spending has continued to rise more or less on its pre-crisis trend. Revenue has plunged, because the economy is deeply depressed.

Other questions?