Has the current presidential administration doomed our future?

[Ecthy]

He is one of the greatest we've ever had.

This nation can be so proud of him.

[Ecthy]

It isn't public debt that drives the economy, it's part of the processes that can lead up to public debt. However there are many debt-inducing processes that don't help the economy at all.

[Ned]

Originally posted by Lorizael


Roosevelt also did that thing. With those camps. And the interning. After the war had started, obviously. But some might view that as a mistake of sorts.

We also interned nationals from other Axis powers. I hear no tears about their fate from the left.

[Ned]

Originally posted by Ecthy
It isn't public debt that drives the economy, it's part of the processes that can lead up to public debt. However there are many debt-inducing processes that don't help the economy at all.

Right.

People who say that public debt is bad would also say that our banking system is bad because it allows people to go into debt.

[Lorizael]

Interesting. Why is it that only the Japanese that were interned get press? I haven't heard about that at all, from the left or from the right. Their fate deserves just as many tears, obviously, except that I'm an inhuman robot who doesn't cry.

[Ned]

It may be interesting to note that Bush's popularity is approaching that of Lincoln's just prior to a string of military victories in 1864 saved his presidency.

[Lorizael]

Eh. Who thinks Lincoln was a good president?

[BlackCat]

Originally posted by Ned


The bottom line, BlackCat, is that public debt is good and deficits are good. Both drive economic expansion.

Well, then I probably should vote for Socialistisk Folkeparti since they are the party that promises to spend more money than any other

Unless I'm wrong, then that was the theory used in the 70'es that almost broke this country - I think that I will hold my vote on that path just a while longer.

[Ned]

Originally posted by Lorizael
Interesting. Why is it that only the Japanese that were interned get press? I haven't heard about that at all, from the left or from the right. Their fate deserves just as many tears, obviously, except that I'm an inhuman robot who doesn't cry.

One reasons may be that with the Japanese, it was all of them including citizens, while with respect to the other AXIS powers, it was only the nationals of thoses countries.

But the real reason we hear about the Japanese today and not about the Germans and Italians is that it fulfills an underlying leftist agenda to prove that America is racist.

[Lorizael]

Hey that's pretty cool. I've always wanted to have an agenda.

[Ned]

Originally posted by BlackCat


Well, then I probably should vote for Socialistisk Folkeparti since they are the party that promises to spend more money than any other

Unless I'm wrong, then that was the theory used in the 70'es that almost broke this country - I think that I will hold my vote on that path just a while longer.

Obviously, BlackCat, the trick is to drive demand to a point so that the money supply is not increasing faster than the economy can grow. That merely causes inflation which must be fought with ridiculously high interest rates that themselves tend to kill expansions.

The expansion in debt must match roughly the expansion in the economy.

[BlackCat]

Originally posted by Ned


Obviously, BlackCat, the trick is to drive demand to a point so that the money supply is not increasing faster than the economy can grow. That merely causes inflation which must be fought with ridiculously high interest rates that themselves tend to kill expansions.

The expansion in debt must match roughly the expansion in the economy.

Well, we both have high growth, decreasing public debt and more or less deflation (depends upon how it's calculated).

[Master Zen]

Originally posted by Ned


One reasons may be that with the Japanese, it was all of them including citizens, while with respect to the other AXIS powers, it was only the nationals of thoses countries.

But the real reason we hear about the Japanese today and not about the Germans and Italians is that it fulfills an underlying leftist agenda to prove that America is racist.

You are utterly deluded Ned as well as completely ignorant of history.

Indeed, germans and italians were also sent to camps. The difference is however, was that these were german and italian nationals, not American citizens. Japanese people on the other hand, were interned regardless of the fact that they were japanese nationals or american citizens. Well over half of those interned were US citizens.

So how exactly is that NOT racist?

How exactly is the segregation policies against blacks at the time NOT racist?

Please...

[Imran Siddiqui]

This 'surplus=always bad' theory is making my head hurt. Especially since we should all know that deficit spending when the economy is running on all cylinders (like the late 90s) is very, very bad (hint: inflation).

[Joseph]

Originally posted by BlackCat


Quite right, but there are also those who thinks that it was Roosevelt that lured US into WWII

He did. He knew that if we did not get into it sonner rather than later, it may have be to late for us. Hitler had some nice toys on the burner for us. There was the US Missile (call the New York missile), the US bomber, newer classes of Subs. Even an Aircraft Carriers in the works. And don't forget all kinds of jet aircraft and the Maus, and E-90 tanks.