Obama's Fiscal Responsibility Party - The Ring Of Fire

1,130 views · Published 20 February 2009 · 6:20 · Indexed 6 October 2026

Channel: The Ring of Fire · 2009 · News & Politics

Watch on YouTube

If The Great Depression taught us anything, it is that deficit spending, if done wisely, works.  Other countries, like Germany and Japan, have been spending like this for years, which is why they are doing better than most industrialized nations.  Mike Papantonio of Air America's Ring of Fire appears on Your World with Neil Cavuto to talk about President Obama's stimulus plan, and why this deficit spending is necessary to help turn the economy around.

More from this channel