SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Mannie who wrote (14939)1/31/2009 1:56:27 PM
From: Northern Marlin8 Recommendations  Read Replies (2) | Respond to of 50328
 
Actually, government spending, initiated by Hoover and embellished by Roosevelt, prolonged the Great Depression. It was not until 1946 that the depression ended. I realize this is opposed to everything you and I were taught in government schools. But honestly, what government agency is going to approve a history or economics text which teaches students that government intervention stifles economic growth?

Do you really see World War II as a giant stimulus package? Government forced millions of its citizens to leave the country, many to die or be injured (I guess you could say that solved the unemployment problem!). Government intervened in the economy to obtain war materiel, resulting in a drastic reduction in the production of consumer goods (That doesn’t sound very stimulating to me!).

It wasn’t until 1946, when government cut down its intervention in the economy, that the country experienced a boom.



To: Mannie who wrote (14939)1/31/2009 2:44:59 PM
From: Joe Btfsplk1 Recommendation  Respond to of 50328
 
It would seem that government spending was what brought us out of the great depression.

Message 25369382



To: Mannie who wrote (14939)1/31/2009 7:36:31 PM
From: NOW  Read Replies (1) | Respond to of 50328
 
of course it would seem so, that is what we are all led to beleive