Post by brassmonkey on Feb 19, 2009 20:57:26 GMT -5
Wow.. More socialism from John White.. Only this time he sounds like he has rounded the bend from slight dementia to full-blown... The New Deal Most definitely lengthened the Great Depression-it certainly didn't help it. Hey, Mr. White-Socialism has not worked anywhere it's been in practice!!
And as far as thanking goodness for senators Collins, Snowe, and Spector., that's a disgusting thing to say. These senators are goddamn traitors to the Republican party and filling three seats as Liberals that we need filled with Conservatives. Sometimes I swear that you just act like my 11 y/o son and say things that are stupid but intentionally inflammatory just to get a rise out of people.
Mr. White even says in this post that, whether or not it works, at least we're spending money and will have something to show for it.. So he's okay with lying to the American people and pushing through all the orgasmic pork projects that the Liberals have had on their agendas across the U.S. all the while telling the American people that it will create jobs.. This bill of multi-generational theft, by most well-respected economists estimations, is 30% stimulus and 70% pork, and we're stealing money from our children and grandchildren. Obama is simply a black activist that is looking out for black people and paying their mortgages and merely continuing his work at a community organizer with the title addition of, "In Chief."
Mr. White-you can't spend your way out of a recession.. If this pork spending package is so beneficial for the country, then why doesn't the gov't just spend a trillions dollars a day? That would be the best thing to do, right? We could have all new schools, all new roads and bridges, all new gov't vehicles, etc., and that would stimulate the economy, right? NO! It's stupid and reckless to spend money that we don't have and can't possibly pay back.
"I have to give a point to the Republicans for sticking with their principles, even though events have shown that those principles: small government, tax cuts, supply side economics, and trickle down don't work very well.
There used to be moderate Republicans that were amenable to argument and experience. I guess the recent elections have mostly removed them from the halls of Congress and other political offices. Those that remain seem almost entirely motivated by ultra conservative principles and are little moved by facts. Thank goodness for
What is going to work in our present economic situation is unclear. We have never had a situation quite like this. The nearest parallel seems to be the great depression of 1929-1940. The Republican government did nothing except pass a high tariff in 1930. Gross domestic product went downhill until 1933 when the new Democratic administration undertook a number of stimulus projects and increased federal spending Deficit spending to be sure. (I don't know whether we have paid for it yet.) GDP rose to above 1929 levels by 1937 when federal spending was cut. Spending was increased again in 1938 and GDP has never returned to the 1929 level. While unemployment was still high (by current standards) until the second world war, it did decrease substantially after 1933.
The New Deal may not have been a perfect fix for the economy back then but it surely helped. Since we have no other tested model, (only theories are offered by the conservatives) we should try a program along the same lines as what did work before. While the just passed plan may not end our present problems and some parts may prove wasteful spending, it does have a chance of success.
Regardless of whether it works to end the recession, we will have public improvements to show for our deficit spending. A mostly tax cuts plan would end with nothing to show but the added public debt if it doesn't work. At this juncture it is far better the country do something than to do nothing like the Hoover administration in 1929-1933.
JW "
And as far as thanking goodness for senators Collins, Snowe, and Spector., that's a disgusting thing to say. These senators are goddamn traitors to the Republican party and filling three seats as Liberals that we need filled with Conservatives. Sometimes I swear that you just act like my 11 y/o son and say things that are stupid but intentionally inflammatory just to get a rise out of people.
Mr. White even says in this post that, whether or not it works, at least we're spending money and will have something to show for it.. So he's okay with lying to the American people and pushing through all the orgasmic pork projects that the Liberals have had on their agendas across the U.S. all the while telling the American people that it will create jobs.. This bill of multi-generational theft, by most well-respected economists estimations, is 30% stimulus and 70% pork, and we're stealing money from our children and grandchildren. Obama is simply a black activist that is looking out for black people and paying their mortgages and merely continuing his work at a community organizer with the title addition of, "In Chief."
Mr. White-you can't spend your way out of a recession.. If this pork spending package is so beneficial for the country, then why doesn't the gov't just spend a trillions dollars a day? That would be the best thing to do, right? We could have all new schools, all new roads and bridges, all new gov't vehicles, etc., and that would stimulate the economy, right? NO! It's stupid and reckless to spend money that we don't have and can't possibly pay back.
"I have to give a point to the Republicans for sticking with their principles, even though events have shown that those principles: small government, tax cuts, supply side economics, and trickle down don't work very well.
There used to be moderate Republicans that were amenable to argument and experience. I guess the recent elections have mostly removed them from the halls of Congress and other political offices. Those that remain seem almost entirely motivated by ultra conservative principles and are little moved by facts. Thank goodness for
What is going to work in our present economic situation is unclear. We have never had a situation quite like this. The nearest parallel seems to be the great depression of 1929-1940. The Republican government did nothing except pass a high tariff in 1930. Gross domestic product went downhill until 1933 when the new Democratic administration undertook a number of stimulus projects and increased federal spending Deficit spending to be sure. (I don't know whether we have paid for it yet.) GDP rose to above 1929 levels by 1937 when federal spending was cut. Spending was increased again in 1938 and GDP has never returned to the 1929 level. While unemployment was still high (by current standards) until the second world war, it did decrease substantially after 1933.
The New Deal may not have been a perfect fix for the economy back then but it surely helped. Since we have no other tested model, (only theories are offered by the conservatives) we should try a program along the same lines as what did work before. While the just passed plan may not end our present problems and some parts may prove wasteful spending, it does have a chance of success.
Regardless of whether it works to end the recession, we will have public improvements to show for our deficit spending. A mostly tax cuts plan would end with nothing to show but the added public debt if it doesn't work. At this juncture it is far better the country do something than to do nothing like the Hoover administration in 1929-1933.
JW "
