Stimulus = failure

[Hauldren Collider]

Of course we're talking about the US, the graphs are both about the US.

Also, no, it wasn't a bubble. It just shows that when you majorly cut back spending during a weak economy you slip back into recession which shouldn't surprise anyone.

You're the one who was arguing we were almost out of it, ******. If cutting back the Keynesian spending at any time results in a recession, it means the spending created a bubble. You do not understand supply and demand even a little bit, do you?

[bumfister]

HC: Damn, son. You just got schooled.

[Dinner]

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.

[epmd]

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.

[giblets]

Wasn'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?

[Dinner]

The depression was not part of a regular business cycle.

[Dinner]

Wasn'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?

Yes, the unemployment rate didn't fall as low as it was during the 1920's bubble but the New Deal did manage to almost half the unemployment rate in a very short period of time. It was still around 14% though that was better then 27%. The unemployment rate didn't fall to the rate of the bubble years of the late 1920's until 1944. Of course, that figure includes almost 50 million men in uniform working in the military.

[Drake Tungsten]

Drake as a history of making DLs and having them parrot is positions.

Embarrassing sentences like this are a clear indication that you're just a DL I'm using to make liberals look bad.

[Dinner]

What was the name of your fake Chinese student in NYC DL?

[Drake Tungsten]

Urban Ranger

[DaShi]

That was mine.

[epmd]

The depression was not part of a regular business cycle.

Distinguish: contraction vs. recession vs. depression

[HalfLotus]

Stimulus = failure

New Deal = bigger failure

[DaShi]

Unbelievable!

[HalfLotus]

Can I just make that my sig and save you fools the time and bandwidth?