Originally posted by Oerdin
View Post
Announcement
Collapse
No announcement yet.
Stimulus = failure
Collapse
X
-
If there is no sound in space, how come you can hear the lasers?
){ :|:& };:
-
Alright, I'm speaking to a moron. The GDP had recovered and the nation was experiencing growth but it was yet as broad based as needed to be entirely self sufficient. You can see that the process did work though and the economy did recover even after the New Deal was ended. Yes, there was an adjustment period but your claim that the depression didn't end until WW2 is just factually wrong. You lost, accept it.Try http://wordforge.net/index.php for discussion and debate.
Comment
-
There's this little thing we call in the biz called a business cycle. You cannot say that "Program A saved the economy!" because it is impossible to prove. Sure, there may be indicators that say "Oh, since program A was implemented the economy has been growing!", but that's just the result of the natural cycle of expansions and recessions, and cannot be traced solely to program A.
The New Deal just created a bubble, like HC said, and when programs were cut back (end the New Deal "ended"), the economy tanked, according to your graphs there. Therefore, the New Deal didn't really do anything. It was just a paper tiger and a temporary band-aid."Government is the great fiction, through which everybody endeavors to live at the expense of everybody else." -- Frédéric Bastiat
(+7.00, -6.97)
Comment
-
The depression was not part of a regular business cycle.Try http://wordforge.net/index.php for discussion and debate.
Comment
-
Originally posted by gribbler View PostWasn't unemployment still high until the beginning of WWII? The New Deal seems like a mixed success.
edit: how exactly did the new deal create a bubble?Try http://wordforge.net/index.php for discussion and debate.
Comment
-
What was the name of your fake Chinese student in NYC DL?Try http://wordforge.net/index.php for discussion and debate.
Comment
-
Originally posted by Oerdin View PostThe depression was not part of a regular business cycle."Government is the great fiction, through which everybody endeavors to live at the expense of everybody else." -- Frédéric Bastiat
(+7.00, -6.97)
Comment
Comment