Then you raise taxes and interest rates.....Not during crashes. Bush did the opposite and destroyed the banking industry and then had to invent tarp to save the gang on Wall Street who owns our government . These criminals and ignoamus' wouldn't send you a dime but bailed out their friends with YOUR money..
Think about it next time you think voting makes a difference!
Kick That Can - NYTimes.com
But that’s a secondary issue. The key point is this: While it’s true that we will eventually need some combination of revenue increases and spending cuts to rein in the growth of U.S. government debt, now is very much not the time to act. Given the state we’re in, it would be irresponsible and destructive not to kick that can down the road. Start with a basic point: Slashing government spending destroys jobs and causes the economy to shrink.