It didn't work then and it wont work now.

"Hoover believed in a balanced budget and not pumping government money into the economy. He believed in "rugged individualism" and relied on the individual, the churches and private charities, and the local and state governments to handle most of the economic help that was needed."

Read more: http://wiki.answers.com/Q/What_did_Herbert_Hoover_do_in_response_to_the_great_depression#ixzz2BRwcBXMv

Does this sound familiar? A balance budget, reliance on the individual, churches, charities, local and state governments.

This only worsen the Great Depression and now we are doing the same things again.

Governments run like business.

It doesn't work for anyone but the rich.
The reason that the minimum wage is low, yet there isn't a maximum wage. Those in power(govt and business) set the wage scale and the pay scale, unfairly. That's capitalism.

The problem with all of the Repub ideas is that they put riches and profit ahead of the nation and the greater good.
The republican party platform stands against everything our forefathers stood for.IMHO.

In my opinion, Mr. Stockhammer's English is very hard to understand. It is partly the way he pronounces his vowels, but also his intonation is not English.

I think he may be Austrian. I am very used to that accent, but the sort of melodious speech that is typically Austrian is hard to follow in English. The rhythm of our language, the way we use our consonants to punctuate our speech and permit differentiation of the meanings of words that sound quite similar is lost when the speaker has a strong Austrian dialect.

Here is an interesting paper I found by Googling Mr. Stockhammer's name and Austria.

http://www.researchonmoneyandfinance.org/media/conference-07-09/Stockhammer.pdf