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


To: i-node who wrote (455838)2/12/2009 10:20:31 AM
From: michael971231 Recommendation  Read Replies (1) | Respond to of 1574010
 
WW2 put the nation back to work building military equipment and employing soldiers in the war effort. Whats being tried here is the next best thing unless you have someone you want to fight WW3 with. Problem is that the pump priming is not enough, not too much.
Re: WW2, it got us out of the recession in the late 30s not the depression of 29-32. FDR new deal worked well enough until they tried to become fiscally restrained too fast.



To: i-node who wrote (455838)2/12/2009 10:59:18 AM
From: combjelly1 Recommendation  Respond to of 1574010
 
"There is ZERO evidence that government spending EVER took us out of a recession."

Sure there is. That sort of managing recessions through stimuli is a big factor in ending the Panics which marked previous centuries.

"Tax cuts? Yes."

There is no evidence of that at all.