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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (17614)	12/6/2002 3:55:11 PM
From: TigerPaw	Read Replies (3) \| Respond to of 93284

what helped more was the advent of war It was not the war, but the eventual peace that helped the economy. The U.S. was the only country in a position to supply the rest of the world with the necessary goods to rebuild. Junior's war with Iraq will cost far more than the country can hope to make rebuilding in the aftermath. TP

To: Neocon who wrote (17614)	12/6/2002 4:21:32 PM
From: Steve Dietrich	Read Replies (2) \| Respond to of 93284

<<But as soon as he eased off on deficit spending, we had a second recession in the period, suggesting that pump priming was not going so well, and that what helped more was the advent of war.........>> What bigger public works project is there than a world war? Taxes and federal spending were never higher, and it pulled us out of the Great Depression. Steve

To: Neocon who wrote (17614)	12/7/2002 9:35:40 AM
From: bearshark	Read Replies (1) \| Respond to of 93284

>>>But it is difficult to evaluate what good the New Deal did for the economy overall.<<< We can say that Mr. Roosevelt took action immediately after taking his oath. These actions are described in his book "On Our Way," which was published in 1934. After Mr. Roosevelt took office, the incredible decline stopped and growth in the GDP was restored. By 1934, the economy was in recovery--tenuous--but recovery none the less. World War II changed things drastically and prevents us from evaluating the effects of Mr. Roosevelt's actions in isolation. Perhaps we should just thank the generation that preceded us for their dedication to this country throughout World War II and for being the ultimate cause for economic recovery. >>>Surely he presented a relatively moderate alternative to demogogues like Father Coughlin, and helped to undermine support for the Left.<<< This is a very good point. Many people do not realize what was waiting on the fringes of our political landscape. Mr. Roosevelt guided us through this threat and maintained our capitalist economy--although a bit modified.