Quote
Originally posted by: forkushV
Without realizing it, what both sides agreed upon was that it was government stimulus spending that did the trick. Government make-work jobs, whether from the New Deal or the from the war, jump started the economy into recovery and then into growth.
It sounds like you agree with that, CowboyKell. So in the primary, are you voting for Bernie or Hillary?
Originally posted by: forkushV
QuoteBack when I was a kid old Democrats would claim that Roosevelt's New Deal programs rescued us from the Great Depression and old Republicans would claim that it was World War II that finally defeated the Great Depression.
Originally posted by: CowboyKellQuote
Originally posted by: forkushV
Yep 1929 was bad.
But then we elected a socialist president, and re-elected him three more times. Things got better.
Calling Roosevelt a socialist by todays standards is a stretch at best.
Why was he so popular? Was it the SEC? the Wagner act? The FDIC? HELL NO, it was the repeal of prohibition!
I will give him my greatest praise for the CCC, you know, the program where men HAD TO WORK to relive them from poverty.
Would his programs had continued to work if it had not been for WWII? Very unlikely.
Without realizing it, what both sides agreed upon was that it was government stimulus spending that did the trick. Government make-work jobs, whether from the New Deal or the from the war, jump started the economy into recovery and then into growth.
It sounds like you agree with that, CowboyKell. So in the primary, are you voting for Bernie or Hillary?
Why be so limiting? The Republican front runner supports rebuilding our infrastructure....and he's the only one of the three who has....you know.....actually built anything.
donald-trump-is-campaigning-on-the-new-deal
"Trump hasn't put together a specific proposal, but he has described it as a “trillion-dollar rebuilding plan,” which would be “one of the biggest projects this country has ever undertaken.” He also suggests that it would create 13 million jobs."
“A few years ago, Moody’s, the financial investment agency, calculated that every $1 of federal money invested in improving the infrastructure for highways and public schools would generate $1.44 back to the economy,” Trump writes in his offensively titled campaign book. “On the federal level, this is going to be an expensive investment, no question about that. But in the long run it will more than pay for itself.”
And for the record...in the Primary...I'm feeling the Bern...because I think Hillary is dishonest and untrustworthy compared to Bernie....and The Democrats will let an independent vote in the California primary but the Republicans wont.