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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (92531)9/4/2018 2:31:22 AM
From: pocotrader  Read Replies (1) | Respond to of 365710
 
boy you don't history very well. FDR helped get the US out of that depression, WW2 helped as well



To: combjelly who wrote (92531)9/4/2018 4:15:40 AM
From: i-node  Read Replies (1) | Respond to of 365710
 
>>Ask him how long the Great Depression would have lasted if FDR hadn't screwed the economy up.

FDR did some things early on that needed doing. But he, like you and most others in this thread, mistakenly believed you could stimulate the economy back into growth by spending money on consumption. Exactly what Obama did.

Trump, and Reagan, among others, showed that economic stimulus requires the stimulation of business, because it is productivity that causes economies to grow, not consumption. It is merely a misunderstanding of how growth happens.