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Politics : Formerly About Advanced Micro Devices

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tejek

To: i-node who wrote (833844)	2/2/2015 12:36:47 PM
From: combjelly	1 Recommendation Read Replies (2) of 1579697

You keep making the same nonsense claims. There is no evidence that FDR prolonged the Great Depression by weeks, much less years. You keep ignoring the fact that most of the world was mired in the depression and none of them improved any faster save New Zealand. Who had a New Deal equivalent on steroids. And you ignore the results of the Bush Recession. The larger the stimulus, the better the country did. The more austerity, the worse they did. Applying austerity measures before the economy improves enough, harms it. Every. Time. No. Exceptions. Period. You have to reconcile that before you make wild claims about what might have been. The Bush Bellyflop was a beautiful set of experiments. A bunch of countries with the same problems for the same reasons and a spectrum of remedies. A spectrum of results with consistent themes. Chicago School and Austrian School doesn't work in a financial crisis. If it ever works without precipitating a crisis.

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