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To: clochard who wrote (112574)7/6/2015 2:15:49 PM
From: Elroy Jetson1 Recommendation

Recommended By
Fiscally Conservative

  Respond to of 218633
 
Deflationary / depression economics turns everything on its head.

The only real losses are the lost labor of people not working and the capital misdirected and diminished by foolish things like real estate bubbles.

Blue Dog Democrats tried balancing the federal budget in 1936, and they got an earful from all of America's major businesses as new orders declined by 48%.