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


To: Steve Dietrich who wrote (495380)7/15/2009 1:07:45 PM
From: i-node  Read Replies (2) | Respond to of 1573430
 
>> A simple chart of GDP growth during FDR's presidency

This is, of course, bullshit. While there was growth in GDP, how could there NOT have been? There was massive government spending having people do makework.

But as soon as the the government quit spending, the growth stopped (and retraced). And in fact, without the return to massive spending, mostly in support of the war, who knows when the Depression might have ended.

This really isn't a legitimate debate subject. The policy of FDR actually prolonged, not shortened, the depression -- taking us basically 10 years to dig our way out of it. That certainly isn't a track record we should be pleased with.



To: Steve Dietrich who wrote (495380)7/16/2009 8:32:35 AM
From: combjelly  Read Replies (3) | Respond to of 1573430
 
"A simple chart of GDP growth during FDR's presidency puts the lie to your nonsensical assertions..."

Good luck with that. He will argue that FDR's policies actually prolonged the Depression. Despite the fact that the US weathered it better than any other country except for New Zealand and the USSR. Who had policies even more extreme than FDR. And the fact that the countries which practiced the policies he says the US should have faired the worst.

None of this matters because he has faith.