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Old 03-09-2011, 06:58 PM
 
5,915 posts, read 4,029,852 times
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Quote:
Originally Posted by kazoopilot View Post
WWII improved our economy because of massive public spending and government (defense) investment in the economy.

Without the New Deal and economic regulations, the Depression would have been even worse.
Many economists disagree with you on that.
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Old 03-09-2011, 07:00 PM
 
1,461 posts, read 1,235,348 times
Reputation: 790
Quote:
Originally Posted by Frank DeForrest View Post
You think a state managed economy is better?
Which systems have survived/thrived?

Soviet Union vs. America

N. Korea vs. S. Korea

East Germany vs. West Germany

China vs. Taiwan
Neither the US, S Korea, West Germany (former), the Republic of China were or are capitalist. They are a mixed economy. Traditional capitalism in the US ended with the great depression. The debate over who is more successful the PRC or the ROC is up to debate in the economic arena.
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Old 03-09-2011, 07:00 PM
 
Location: Atlanta metro
5,645 posts, read 3,991,437 times
Reputation: 982
Quote:
Originally Posted by kazoopilot View Post
WWII improved our economy because of massive public spending and government (defense) investment in the economy.

Without the New Deal and economic regulations, the Depression would have been even worse.
So now you're FOR defense spending? I'm so confused.
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Old 03-09-2011, 07:00 PM
 
Location: Viña del Mar, Chile
16,416 posts, read 25,305,120 times
Reputation: 16469
Quote:
Originally Posted by Kirdik View Post
Many economists disagree with you on that.
Agreed, most economists actually agree that the New Deal extended the Great Depression.
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Old 03-09-2011, 07:02 PM
 
26,850 posts, read 15,083,378 times
Reputation: 12624
Quote:
Originally Posted by kazoopilot View Post
WWII improved our economy because of massive public spending and government (defense) investment in the economy.

Without the New Deal and economic regulations, the Depression would have been even worse.
Wonders aloud how a nations economy is improved by killing off it's workforce and destroying it's resources?
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Old 03-09-2011, 07:04 PM
 
Location: Los Angeles
14,382 posts, read 7,532,805 times
Reputation: 6626
Quote:
Originally Posted by kazoopilot View Post
FDR's regulations and social initiatives brought us out of the Great Depression and led us to the most economically prosperous times in American history. There's a reason FDR was elected three times. Best president ever.
Just how old... young are you? Which history book did you get hold of because that's nowhere near factual? It took a world war and utter destruction of two continents to bring us out of our financial woes. IF Roosevelt and the war department knew that Japan was going to bomb Pearl, and let it happen, then they were geniuses from a financial perspective. Getting into that war made us a global super power and the UK, France, Japan and other nations went into debt to us.

We became the Rothchilds to a world at war. We made money off supplying weapons and then rebuilding the countries our weapons destroyed. The greatest President? I seriously doubt that.

Now we are just a shadow of what we were 20 years ago through arrogance and inept governing.

Quote:
Originally Posted by kazoopilot View Post
Total anarchy is the freest possible system, but it also leads to murder, theft, poverty and human suffering. I want a system that brings peace, justice, righteousness, goodness, fairness and happiness. Obviously, we need some degree of freedom, but I really don't think it's the most important thing in the world.

Last edited by CaseyB; 03-10-2011 at 05:33 AM.. Reason: rude
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Old 03-09-2011, 07:07 PM
 
Location: Southern Minnesota
5,990 posts, read 11,237,226 times
Reputation: 3200
Quote:
Originally Posted by andrea3821 View Post
So now you're FOR defense spending? I'm so confused.
No, I'm not for defense spending. I was just stating that -- in the 1940s -- it killed off the last effects of the Depression. My point was that government spending improved the economy, not that it had to be defense spending.

Today, I'm for government economic stimulus in improving our infrastructure, revitalizing urban and rural areas and starting new public works projects.
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Old 03-09-2011, 07:12 PM
 
1,461 posts, read 1,235,348 times
Reputation: 790
Quote:
Originally Posted by burgler09 View Post
Agreed, most economists actually agree that the New Deal extended the Great Depression.
Most are right wing nuts. Fact is that the New Deal preserved the political stability of this nation. While Germany and Eastern Europe went facist, when France entered a decade of political and economic wilderness, while Great Britian entered a decade of political and economic strife, the US remained stable and was able to fend off calls for facism and socialism here. The New Deal is what saved this nation.
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Old 03-09-2011, 07:14 PM
 
Location: Atlanta metro
5,645 posts, read 3,991,437 times
Reputation: 982
Quote:
Originally Posted by kazoopilot View Post
No, I'm not for defense spending. I was just stating that -- in the 1940s -- it killed off the last effects of the Depression. My point was that government spending improved the economy, not that it had to be defense spending.

Today, I'm for government economic stimulus in improving our infrastructure, revitalizing urban and rural areas and starting new public works projects.
But you have to realize that the stimuli have NOT worked. All they did was put up signs saying "here are you tax dollars at work" with nobody actually working.
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Old 03-09-2011, 07:32 PM
 
Location: Los Angeles
14,382 posts, read 7,532,805 times
Reputation: 6626
You said:

"Total anarchy is the freest possible system, but it also leads to murder, theft, poverty and human suffering. I want a system that brings peace, justice, righteousness, goodness, fairness and happiness. Obviously, we need some degree of freedom, but I really don't think it's the most important thing in the world."
Didn't you?

That is a completely bogus ideology that someone spun and you now believe it. You'd give up freedom for security, your individual liberties for the promise of happiness. You are the most dangerous person I've read from in awhile and you are completely unaware of it.


How about naming one country, JUST ONE, that has ever enjoyed peace, justice, righteousness, goodness, fairness and happiness, aside from the USA, and is still around to be a gleaming example for us to follow. Do this and I'll move on.

Last edited by CaseyB; 03-10-2011 at 06:01 AM..
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