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

To: combjelly who wrote (701162)	2/26/2013 3:59:33 PM
From: Tenchusatsu	1 Recommendation Read Replies (1) \| Respond to of 1576160

CJ, When you point out the growing disparity, they claim it is inevitable and nothing can be done about. But when you point it it hasn't always been the case ... a) Who said nothing can be done about it? b) When did you ever (validly) point out that it hasn't always been the case? c) Do you have anything to support your partisan view that Republicans are the "real malefactors" other than the oh-so-good intentions of the Democrats and the Keynesians? Tenchusatsu

To: combjelly who wrote (701162)	2/26/2013 4:45:13 PM
From: i-node	Respond to of 1576160

>> "Keynesian economics doesn't work, but it was the extra spending that ended the Great Depression" is another one. Here is what I said: "The Depression should never have lasted until the war began in the first place. It was FDR domestic policy that dragged it out for a decade to begin with. The war effort did put people to work but that's not what ended the Depression. We know, with plain certainty, that government cannot create jobs, it can only hire people. The war acted as a jobs program. The depression ended and the US became an economic power, not by virtue of the war effort, but by the destruction of substantial economies around the world. Which meant when it was over there was no competition -- everyone looked to the US as their supplier." That is, the extra spending did NOTHING to end the Depression. It served only to run the debt. The War SPENDING did not end the Depression. The fact that we were the only major producer left in the world did. I'm not sure where you find any contradiction in that.