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Old 09-25-2012, 08:01 PM
 
32,516 posts, read 37,183,567 times
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If Reagan had been president during the Depression:

Nancy would would not have gone into the coal mines.

She would, however, have still ordered the expensive dishes.
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Old 09-25-2012, 08:13 PM
 
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Ho hum..........another thread that has turned into mostly pointing out how evil Rayguns was.
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Old 09-25-2012, 09:55 PM
 
Location: Maryland about 20 miles NW of DC
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Quote:
Originally Posted by Motion View Post
What would he had done differently from FDR?

Ronald Reagan was alive back then and could vote for FDR which he did because he was a Democrat. Reagan was also a Union activist who belonged to the Screen Actors Guild (A Union). In the late 1940s he was the President of that union. He didn't start his drift to the right until his acting career started to tank and he lauched a new career as a corporate shill and hosted programs like "Death Valley Days" which was funded by the makjers of 20 Mule Team Borax a laundry product. .
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Old 09-25-2012, 10:19 PM
 
Location: Texas
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Originally Posted by GABESTA535 View Post
Reagan-like economic policies from Republican presidents Harding, Coolidge, and Hoover are what caused the Depression and what made America turn to FDR and the Democrats. Hoover specifically rejected measures that would have gotten the government more involved in fighting the Depression and was defeated in a landslide.
No it wasn't. It was the complete opposite of what you made up. The cause was the exact same thing that happened on this depression.
The Federal Reserve lowered interest rates below market which caused the mal investment. Every time government gets involved in manipulating the free market we experience booms and busts. The busts are always worse than the booms. The dot com bubble was the same thing.
Harding got us OUT of the mini depression in the early 1920's in under 2 years. Unemployment went from 12 to under 4.
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