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

To: i-node who wrote (730475)	8/2/2013 12:13:03 PM
From: tejek	1 Recommendation Recommended By bentway Read Replies (4) \| Respond to of 1578638

>> It amazes me how indifferent you all are to the plight of other Americans...........esp the ones who are unemployed; how your wallets come first. Not everyone agrees that spending taxpayer dollar improves the plight of other Americans. That is your tunnel-vision point of view based on zero knowledge of economics or history. BS. Only Rs like you think spending is wrong. Of course history is on my side. Not only is history on my side..........one need look no further than modern day Europe and the miserable mess in which it finds itself. It's current plight confirms that its you who has a very weak understanding of economics. Henry Morganthau, who was in charge of spending the money for FDR's administration, famously said, "We have tried spending money. We are spending more than we have ever spent before and it does not work....After eight years of this administration we have just as much unemployment as when we started...and an enormous debt to boot!" Except he's wrong.................here is a track record of the unemployment rate during the Great Depression: Average rate of unemployment in 1929: 3.2% in 1930: 8.9% in 1931: 16.3% in 1932: 24.1% in 1933: 24.9% in 1934: 21.7% in 1935: 20.1% in 1936: 16.9% in 1937: 14.3% in 1938: 19.0% in 1939: 17.2% 3 So what happened in 1937? Stupid Rs happened.......they demanded that FDR cut the deficit: By 1936, the main economic indicators had regained the levels of the late 1920s, except for unemployment, which remained high at 11%, although this was considerably lower than the 25% unemployment rate seen in 1933. In the spring of 1937, American industrial production exceeded that of 1929 and remained level until June 1937. In June 1937, the Roosevelt administration cut spending and increased taxation in an attempt to balance the federal budget. [87] The American economy then took a sharp downturn, lasting for 13 months through most of 1938. Industrial production fell almost 30 per cent within a few months and production of durable goods fell even faster. Unemployment jumped from 14.3% in 1937 to 19.0% in 1938, rising from 5 million to more than 12 million in early 1938. [88] Manufacturing output fell by 37% from the 1937 peak and was back to 1934 levels. [89] en.wikipedia.org Sound familiar? It should. Rs forced FDR to curtail spending and the unemployment jumped right back up. Rs were wrong in 1937 and they are wrong now. But you all are so frigging stupid and so desperately love your money that you refuse to learn from your mistakes. Expanding on this comment, "We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot." Morgenthau was wrong then and he was wrong a few years later when he told the allies to strip of the Germans of everything......essentially repeating the same mistakes made after WW I. He should have been an R: In 1944, Morgenthau proposed the Morgenthau Plan for postwar Germany, calling for Germany to lose the heavy industry, and the Ruhr area "should not only be stripped of all presently existing industries but so weakened and controlled that it can not in the foreseeable future become an industrial area". [16] Germany would keep its rich farmlands in the east. However Stalin insisted on the Oder-Neisse border, which moved those farming areas out of Germany. Therefore the original Morgenthau plan had to be dropped, Weinberg argues, because it was "too soft on the Germans, not too hard as some still imagine." [17] en.wikipedia.org. So, while you cynically suggest that "we" don't care about other Americans, you should keep in mind that a lot of us are just looking at the facts, which are that when government spends money on "jobs", it doesn't NOT improve the "plight of the American People." At least if history is an indication. While you may cynically attribute attitudes that don't agree with yours to some kind of hatred toward other people, perhaps you ought to reexamine your OWN motivations. I can understand you being wrong to the detriment of fellow Americans, but it is hard to understand a continued commitment to a political ideology that has caused so much pain and suffering by the American people. You don't care about the rest of Americans particularly poor Americans. You only care about yourselves. It is such narrow, piggish behavior that its amazing there isn't more negative reaction directed at Rs.