Republicans to vote to repeal Obama's Health Care Reform in Jan 11 - Polidicks

[QUOTE=Strider*;27317322]You think the New Deal got us out of the depression?[/QUOTE] Uh, it helped sustain the country and lower employment until WW2 created the military industrial complex which made the nation even more wealthy for a few years.

[QUOTE=Strider*;27317322]You think the New Deal got us out of the depression?[/QUOTE] It eased the symptoms of the depression at the very least.

[QUOTE=yawmwen;27317362]It eased the symptoms of the depression at the very least.[/QUOTE] No... it prolonged it. And even if it had eased the symptoms for a short while.. at what cost?

[QUOTE=Uberman77883;27204823] Trace them to Carter. Every single person I've met who lived through the Carter administration (democrats and conservatives) state that after the Vietnam war, there was a natural recession during the Carter administration that Carter did not handle correctly, which led to Reagan creating extreme economic growth. However, this growth was only temporary as Reagan's policies to fix Carter's mistakes were only temporary fixes which nobody else tried to fix, which I guess created a chain of presidents not fixing eachother's problems which led to this.[/QUOTE] THIS fucking this

[QUOTE=Strider*;27317322]You think the New Deal got us out of the depression?[/QUOTE] It did get you guys out of the depression.

[QUOTE=Strider*;27317432]No... it prolonged it. And even if it had eased the symptoms for a short while.. at what cost?[/QUOTE] Source. It's pretty much impossible to tell exactly what effect the New Deal had on the economy since WWII started before the New Deal could fully "heal" the economy or fail in doing so. Just about everything I've read on the New Deal says that it at least helped the short term symptoms, if not the economy in the long term. [editline]10th January 2011[/editline] [QUOTE=Habsburg;27317480]It did get you guys out of the depression.[/QUOTE] WWII did. The New Deal did not.

[QUOTE=yawmwen;27317498]WWII did. The New Deal did not.[/QUOTE] It did. WWII just accelerated you into prosperity. [editline]9th January 2011[/editline] If the New Deal had not happened I doubt that America would be the superpower it is today.

[QUOTE=Habsburg;27317577]It did. WWII just accelerated you into prosperity. [editline]9th January 2011[/editline] If the New Deal had not happened I doubt that America would be the superpower it is today.[/QUOTE] It's impossible to tell what effect The New Deal had, so any statement that it helped or hurt the economy is purely speculative.

[QUOTE=yawmwen;27317712]It's impossible to tell what effect The New Deal had, so any statement that it helped or hurt the economy is purely speculative.[/QUOTE] It's not impossible, they kept records for a reason.

[QUOTE=Habsburg;27317577]It did. WWII just accelerated you into prosperity. [editline]9th January 2011[/editline] If the New Deal had not happened I doubt that America would be the superpower it is today.[/QUOTE] Lol no.. you're getting this backwards... World War 2 got us out of the depression because of the jobs produced by providing arms to our allies before our entry into the war. The new deal has no correlation with our super power status.. but World War 2 sure does. We would still however would be the premier economic power regardless of World War 2 but perhaps not the greatest military.

I doubt the states would've ready to jump into the war if the new deal hadn't happened.

[QUOTE=Habsburg;27317775]It's not impossible, they kept records for a reason.[/QUOTE] Records of what? You can't tell from the records because the amount of variables involved. WWII and the lead up was the biggest variable. It completely taints the way you can look at The New Deal because of the drastic effect it had on the economy. You can no longer tell if something was caused by The New Deal or WWII, which means you cannot accurately tell what effect The New Deal had on the economy. [QUOTE=Habsburg;27317810]I doubt the states would've ready to jump into the war if the new deal hadn't happened.[/QUOTE] Can you elaborate please? I need to know how you came to that conclusion.

[QUOTE=Strider*;27317251] The early 1900's was the introduction of the Federal Reserve.. [/QUOTE] what does that have to do with capitalism

[QUOTE=thisispain;27318495]what does that have to do with capitalism[/QUOTE] Probably thinks it involves government intervention because it has "Federal" in it.

Doesn't the federal reserve make our money, and ISN'T a government run organization?

[QUOTE=Tetracycline;27318917]Doesn't the federal reserve make our money, and ISN'T a government run organization?[/QUOTE] They do have the power to make money now, but no, they aren't a government run organization.

[QUOTE=Tetracycline;27318917]Doesn't the federal reserve make our money, and ISN'T a government run organization?[/QUOTE] They have the power to print out money but if you know economics you know that printing money is mostly just to maintain the money that is broken or unusable anymore. Private companies(banks, in particular) are the ones that create money and inflation in our economy.

[QUOTE=Galago;27295034]What about the New Deal?[/QUOTE] Did not work. If you read about the new Deal you find that it did not do much of anything to fix the economy. The savior of america was the Japanese's short sighted imperialistic plans. [editline]10th January 2011[/editline] [QUOTE=yawmwen;27319209]They have the power to print out money but if you know economics you know that printing money is mostly just to maintain the money that is broken or unusable anymore. Private companies(banks, in particular) are the ones that create money and inflation in our economy.[/QUOTE] Explain that to the reserve who only last year had Bernanke saying that "We are not printing money as much as adding zeros to a electronic number" the reserve is making this situation worse with their poor economic planning and general short sightedness.

[QUOTE=Strider*;27317432]No... it prolonged it. And even if it had eased the symptoms for a short while.. at what cost?[/QUOTE] which is why in 1937 when many New Deal programs were rolled back the economy started recovering even faster, right? oh wait it tanked

[QUOTE=Tetracycline;27318917]Doesn't the federal reserve make our money, and ISN'T a government run organization?[/QUOTE] the Reserve is in no way directly controlled by the government. [editline]10th January 2011[/editline] [QUOTE=Habsburg;27317810]I doubt the states would've ready to jump into the war if the new deal hadn't happened.[/QUOTE] I assume you mean be ready for the war. No one was ready for the war, they turned every single factory they could to a military production facility. that is why we where ready for the war and produced enough to fight the war. Couple that with the fact the Japanese bombing turned almost every single american into a spirited patriot willing to give more and sacrifice themselves for America.

[QUOTE=Bluesummers;27321624] Explain that to the reserve who only last year had Bernanke saying that "We are not printing money as much as adding zeros to a electronic number" the reserve is making this situation worse with their poor economic planning and general short sightedness.[/QUOTE] Eh, that's true, since the reserve also loans money. However they really don't have a special power. Any bank or loan organization can create money.

[QUOTE=yawmwen;27321730]Eh, that's true, since the reserve also loans money. However they really don't have a special power. Any bank or loan organization can create money.[/QUOTE] No a bank can not make money out of thin air like the reserve can. When a bank loans money it is backed by collateral and investments. When the Reserve "creates stimulus cash" it is literally taking money from nothing. [editline]10th January 2011[/editline] [QUOTE=Prismatex;27321658]which is why in 1937 when many New Deal programs were rolled back the economy started recovering even faster, right? oh wait it tanked[/QUOTE] It was on its way down regardless, The New Deal was a ineffective tool to solve a greater problem.

[QUOTE=Bluesummers;27321760]No a bank can not make money out of thin air like the reserve can. When a bank loans money it is backed by collateral and investments. When the Reserve "creates stimulus cash" it is literally taking money from nothing. [/QUOTE] So what? Any loan with an interest rate creates more money in an economy.

[QUOTE=Bluesummers;27321760]No a bank can not make money out of thin air like the reserve can. When a bank loans money it is backed by collateral and investments. When the Reserve "creates stimulus cash" it is literally taking money from nothing. [editline]10th January 2011[/editline] It was on its way down regardless, The New Deal was a ineffective tool to solve a greater problem.[/QUOTE] Employment was increasing by 1937, when New Deal reforms were scaled back. [img]http://upload.wikimedia.org/wikipedia/commons/4/46/US_Manufacturing_Employment_Graph_-_1920_to_1940.svg[/img] Spending quickly resumed and the economy picked up again. [url]http://en.wikipedia.org/wiki/Recession_of_1937%E2%80%931938[/url]

[QUOTE=yawmwen;27317879]Can you elaborate please? I need to know how you came to that conclusion.[/QUOTE] Okay yeah I got nothing. I'll back myself up next time I try to make a claim.

[QUOTE=Ridge;27272835]I think they are heros that came to their fellow citizens in their time of need. But I also feel that the feds have no responsibility for them. New York state, or their own states should make the offer. But just a few years ago, literally billions of dollars was raised to help those very same rescuers. What happened to all that money?[/QUOTE] The states are bankrupt as it is. My state, Pennyslvania, is probably not going to not pass a fiscal budget for couple of months because of that. They only reason we did last year was because of the Stimulus package, which actually saved a shit ton of jobs and the like.

[QUOTE=thisispain;27318495]what does that have to do with capitalism[/QUOTE] It destroyed it.

[QUOTE=Strider*;27323971]It destroyed it.[/QUOTE] what i can assure you people still privately own business for profit today (damn putz)

[QUOTE=Strider*;27323971]It destroyed it.[/QUOTE] Are you a sensationalist like hannity or something? Capitalism still exists, the federal reserve isn't even a government institution. Do you know anything about reality?

[QUOTE=HumanAbyss;27315982]No, his recent posts point out he still thinks the canadian system kills more people than it saves.[/QUOTE] I didn't say that. You're a dumbass. [editline]10th January 2011[/editline] [QUOTE=Zeke129;27315948]We already fixed his wagon.[/QUOTE] My wagon lies broken still.