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

To: i-node who wrote (511483)	9/8/2009 8:46:25 PM
From: tejek	Read Replies (1) \| Respond to of 1578534

> Given that things improved from that time forward, I'd say it worked. Except it didn't. Have you never heard of the "Roosevelt Recession" or "Depression within a Depression"? That was in '37 when FDR insisted on cutting government spending. What happened? Unemployment surged. The depression was ON, AGAIN. You simply can't spend your way out of a bad economy. And 1937 is probably the evidence of this fact one could dream of. So then, by 1940, FDR spent his way out on WW II. You just undermined your whole argument. Why don't you just admit you can only think in partisan and ideological terms.

To: i-node who wrote (511483)	9/9/2009 11:18:47 AM
From: combjelly	Read Replies (2) \| Respond to of 1578534

"Except it didn't. Have you never heard of the "Roosevelt Recession" or "Depression within a Depression"?" Right. It was when FDR bowed to pressure to go back to the economic theories that failed. Which failed again. Until that point, and just afterwards, the economy had improved to pre-Crash levels. Except for exports. "You simply can't spend your way out of a bad economy. And 1937 is probably the evidence of this fact one could dream of." Like I said, you apparently get your understanding of economics off of the back of cereal boxes... All of the problems hadn't been solved. As should be obvious to anyone with half a brain or less. However, as the metrics show, things were getting close.