Don’t repeat fiscal mistakes

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By The Daily Progress

Published: October 5, 2008

John McCain says: Let us not point fingers and blame. Both parties need to work together to solve the current economic meltdown.

Hold everything! We must examine the situation to see how we got here and what to do to avoid the same errors.

Ronald Reagan and the Republican-controlled Congress of the 1980s set us up for this. We are now going to pay $700 billion for the Republican idea of “less government” and deregulation.

William A. Faust
Albemarle Count

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