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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Paul Smith who wrote (34654)11/17/2012 6:41:10 PM
From: Broken_Clock1 Recommendation  Read Replies (1) | Respond to of 85487
 
I think you are erring by using the false, or at least, "massaged" unemployment stats

This recession has been the worst since the GD, even worse than the early 80's.



To: Paul Smith who wrote (34654)11/17/2012 6:59:53 PM
From: Wharf Rat  Read Replies (1) | Respond to of 85487
 
"In 1937 things actually went backwards."

Yup; he listened to the folks who said we needed to balance the budget, and it caused a relapse. A lesson in austerity still not learned.

"FDR claim to fame is WW2".
Among other things.

washingtonpost.com



To: Paul Smith who wrote (34654)11/17/2012 9:05:12 PM
From: Sdgla  Respond to of 85487
 
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.”
? Alexis de Tocqueville