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Over the last few weeks, you've probably heard dozens of comparisons between this "new" New Deal and our current economic crisis to the "old" New Deal from Franklin Roosevelt and the Great Depression of the 1930s.

In the 1930s, we were the largest creditor nation in the world. So, even though all that spending did nothing to end the Depression, we had a lot of bucks sitting around to play with before creating a deficit and the federal budget.

This time around, we are the largest debtor nation in the world. So, continuing to spend money that we don't have, will only make the hole in which we currently find ourselves deeper and deeper.

Next: Stop digging!