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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (339953)6/12/2007 9:46:08 PM
From: TimF  Read Replies (1) | Respond to of 1574216
 
Much of the world was in depression, and much of the world had an extension of government power. For example the increases in tarrifs at the beginning of the depression where wide spread, and even countries that didn't directly raise them got caught by the crossfire of the trade war.

Before the great depression there where a number of severe downturns (which tended to be called "panics" then rather then "depressions".)

They where quire painful, but people pulled out of them by operating in a free market.

It wasn't this simple event where a questionable injection of supply side economics would have done the trick.

Never said that it would be simple. If its simple then it can be something the government can do, but organizing an economy well is too complex of task.