Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Road Walker who wrote (687718)	12/10/2012 5:38:25 PM
From: i-node	Read Replies (1) \| Respond to of 1578563

Deregulation and bank over reach (almost) killed our economy (rescued by Bush/Obama policy). But if the New Deal gave us 70 years of prosperity then certainly lets double down. And there is no doubt we've been the worlds most successful economy since the New Deal was implemented. Coincidence? Unfortunately, RW, it doesn't work that way. There is no free lunch. That 70 years of perceived prosperity came at the expense of future generations' standards of living. That's the downside to living on borrowed money. Eventually, the fun stuff is over.

To: Road Walker who wrote (687718)	12/10/2012 6:00:38 PM
From: Brumar89	Respond to of 1578563

The New Deal didn't give us prosperity. It prolonged the Depression which only ended because FDR was diverted from his war on domestic enemies by the necessity of a war on foreign enemies. If he'd been alive at the end of the war, we might not have recovered.

To: Road Walker who wrote (687718)	12/10/2012 6:08:22 PM
From: Tenchusatsu	3 Recommendations Respond to of 1578563

RW, But if the New Deal gave us 70 years of prosperity It didn't. But it did form the basis of the entitlement mentality we have today. Can't have a chicken in every pot if you continually raise taxes on the ones raising the chickens. Tenchusatsu

To: Road Walker who wrote (687718)	12/10/2012 6:49:54 PM
From: tejek	1 Recommendation Respond to of 1578563

>> A deliberate choice was made during the Great Depression to narrow the gap between the wealthy and everyone else via tax policy and regulations. Yes, it is called the New Deal and it has killed our economy 70 years later. Deregulation and bank over reach (almost) killed our economy (rescued by Bush/Obama policy). But if the New Deal gave us 70 years of prosperity then certainly lets double down. And there is no doubt we've been the worlds most successful economy since the New Deal was implemented. Coincidence? Did you catch it? 70 years later and the New Deal finally does the dirty deed. Amazing how some people analyze things.