RonHill
Veteran
Location: FLL, FL
My Posts This: Topic Forum | armageddon| Quote |
| OMG!! How can anyone argue with such clear proof. "Look at any history book"
Hey, we are still waiting on that proof. Well, actually, I'm not, because I know you're just blowing smoke out .......
|
Not my fault you don't read and do not know history. In fact, NPR was talking about this yesterday...Again, not my fault you don't listen to news either.
But just for you...Since you are lazy and would rather blame others for you not knowing something. Just use wiki...if that's not good enough, do your own research. I am not going to scan books onto here for you to read.
Hell, I'll give you a wiki link and some quotes.
http://en.wikipedia.org/wiki/Great_Depression
| Quote |
| Franklin D. Roosevelt, elected in 1932, primarily blamed the excesses of big business for causing an unstable bubble-like economy. Democrats believed the problem was that business had too much money, and the New Deal was intended as a remedy, by empowering labor unions and farmers and by raising taxes on corporate profits.
|
Sound familiar?
| Quote |
| New regulations and attempts at economic stimulus through a new alphabet soup of agencies set up in 1933 and 1934 and previously extant agencies such as the Reconstruction Finance Corporation did not halt economic stagnation....
After the Recession of 1937, conservatives were able to form a bipartisan conservative coalition to stop further expansion of the New Deal and, by 1943, had abolished all of the relief programs. In 1946, large-scale relaxation of government controls[citation needed] over the wartime economy, including a sharp reduction of taxes, allowed for increased innovation in consumer goods and a marked increase in consumer spending. Unemployment rates also returned to normal levels. The New Deal was, and still is, controversial and widely debated.
|
| Quote |
| The Roosevelt Administration reacted by launching a rhetorical campaign against monopoly power (Read big business-Ron), which was cast as the cause of the depression
|
Of course...I could actually take the time and read a book on FDR to you by phone...But I think your mind is made up and no amount of data that is given to you will change anything....So the exercise would be a waste of time and effort.
I have given you some data...The rest is up to you. Of course, you will take the option of ignoring it and staying with the same narrow mindset you started with, IMO.
And some quotes for you:
“Admirers of FDR credit his New Deal with restoring the American economy after the disastrous contraction of 1929—33. Truth to tell–as Powell demonstrates without a shadow of a doubt–the New Deal hampered recovery from the contraction, prolonged and added to unemployment, and set the stage for ever more intrusive and costly government. Powell’s analysis is thoroughly documented, relying on an impressive variety of popular and academic literature both contemporary and historical.”
–Milton Friedman, Nobel Laureate, Hoover Institution
“There is a critical and often forgotten difference between disaster and tragedy. Disasters happen to us all, no matter what we do. Tragedies are brought upon ourselves by hubris. The Depression of the 1930s would have been a brief disaster if it hadn’t been for the national tragedy of the New Deal.”
–P.J. O’Rourke, author of Parliament of Whores and Eat the Rich
I have a book here called FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression
You can buy it from B&N.com
You might need this once you realize you don't know all that you think you do.
 |
