Pretty funny article. Dem's where whining about the need for more government spending all the way back to 1938.
http://www.cato.org/publications/commentary/us-secular-stagnation
In conclusion......
So, contrary to the stagnationists’ assertions, the government is the problem, not the solution. Secular stagnation in the U.S. is just what it was when Alvin Hansen popularized it in the 1930s: Its bunk. Nothing more than a phony rationale for more government waste.
http://www.cato.org/publications/commentary/us-secular-stagnation
In conclusion......
So, contrary to the stagnationists’ assertions, the government is the problem, not the solution. Secular stagnation in the U.S. is just what it was when Alvin Hansen popularized it in the 1930s: Its bunk. Nothing more than a phony rationale for more government waste.