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BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.
Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.
Of course, they only tell you half the story.
To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.
So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.
Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.
Frankie out here California unemployment is at 10.8%.....where are those jobs Frankie?....this State has the biggest Economy in the land.....and just about the highest Unemployment in the land.....WHERE are all these jobs Frankie?Actual facts REALLY get you, eh,lol
In the Jobs Act and Tranportation Bill Pubs have been sitting on for a YEAR.
I could live with not fixed, but not with the lack of progress. Not Good Enough. That's why I want a change.
So you want change? A change back to what we had in 20Jan09? Because Romney-Ryan are pushing the same policies that put us where we were then.
Yeah well Obama/Bidens Socialist plans are working so wonderfully..
People are WORSE off today than they were with Bush
BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.
Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.
Of course, they only tell you half the story.
To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.
So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.
Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.
What they also aren't telling you is that taxes were cut after WWI because taxes had been raised to pay for the war. That's how we used to operate.
Nowadays the one trick tax cuts Republicans cut taxes DURING wars, and then want to cut them further when the wars end, then want to cut them further when the economy slows down, then want to cut them further when the economy picks up then want to cut them further when the next war starts.
Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.
Of course, they only tell you half the story.
To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.
So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.
Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.
What they also aren't telling you is that taxes were cut after WWI because taxes had been raised to pay for the war. That's how we used to operate.
Nowadays the one trick tax cuts Republicans cut taxes DURING wars, and then want to cut them further when the wars end, then want to cut them further when the economy slows down, then want to cut them further when the economy picks up then want to cut them further when the next war starts.
The government also used to sell war bonds to pay for the war, which they had to pay back with interest.
Now we just borrow the money from China.
I can fix the economy in one year.Abolish ALL foreign aid. Abolish the main military and put out notice that any aggressive nation will be met with a nuclear firestorm.Use the remainder of the navy for ocean cleanup and interrupting dope flow to murka, #1 in junkie per capita.
Put the meatheads in the farm fields and the smart ones on the borders(if there are enough smart ones).
Problem solved.
Yes. You'll have to nuke an aggressive nation so the rest will know you mean business. I recommend IsNtReal.
Our sabotaged public education system never taught you that Harding, Mellon and Coolidge turned around a far worse economy in under 2 years.
Reagan fixed his in under three, with no help from a lying Democrat Congress
BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.
Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.
Of course, they only tell you half the story.
To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.
So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.
Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.
What they also aren't telling you is that taxes were cut after WWI because taxes had been raised to pay for the war. That's how we used to operate.
Nowadays the one trick tax cuts Republicans cut taxes DURING wars, and then want to cut them further when the wars end, then want to cut them further when the economy slows down, then want to cut them further when the economy picks up then want to cut them further when the next war starts.
The government also used to sell war bonds to pay for the war, which they had to pay back with interest.
Now we just borrow the money from China.
LOL
What's the difference?
The government also used to sell war bonds to pay for the war, which they had to pay back with interest.
Now we just borrow the money from China.
LOL
What's the difference?
If you can't see the difference between getting your own people to fund the war and getting a foriegn country to pay for it, I'm not sure if there's any hope for you.
Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.
He got it b/c of a handful of turncoat Republicans. The vote was never in jeopardy. But thanks for another round of liberal revisionist history.
You're kidding, right?
Making people "beg" for charity isn't helping them... Sorry.
Some day, the REpublican party might return to sanity, but not with the current bunch in charge. Not until we get rid of the TEA crazies and Romney.
who is holding a gun to peoples heads making them BEG to suck off us taxpayers?
And someday you might return to sanity..sheeesh
Who's holding a gun to your head?
No, seriously, who?
I would personally be for every one of those people who are able bodied having a job... but that isn't how the system you support works.
We got to near full employment under Clinton, and the Business Community (that really runs the GOP, the Teabaggers and Religious nuts aer just useful idiots) absolutely hated it, even though they were making record profits. They hated having to share. THey hated having to offer competitive salaries.
And this is where the GOP has lost its way. It put the interests of corporations above those of the working class, figuring the working class could just be manipulated by pushing their religious and racial buttons.
Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.
Of course, they only tell you half the story.
To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.
So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.
Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.
What they also aren't telling you is that taxes were cut after WWI because taxes had been raised to pay for the war. That's how we used to operate.
Nowadays the one trick tax cuts Republicans cut taxes DURING wars, and then want to cut them further when the wars end, then want to cut them further when the economy slows down, then want to cut them further when the economy picks up then want to cut them further when the next war starts.
The government also used to sell war bonds to pay for the war, which they had to pay back with interest.
Now we just borrow the money from China.
He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.
Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.
Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.
President Clinton in his speech last night stated that although he inherited a bad economy from Bush Sr., the economy that Obama received from Bush Jr. was much worse, and that no president, not him, nor any of his predecessors could have fixed the economy in only 4 years.
Maybe Obama's new slogan should be "saved in 4, fixed by 8".
Reagan fixed it in under three years, cumswallower.
More like two (2).
Yep. If Obama was serious about fixing the economy, he would pursue policies more like Reagan instead of compounding Carter.
Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.
Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.
Spin it any way you like, Dick but the fact will ALWAYS remain that with millions of Americans out of work and waiting for him to fix the economy, Barack Obama decided they could wait and instead spent the bulk of his time and energy trying to push through the Progressive's "Holy Grail"...government subsidized health care.
President Clinton in his speech last night stated that although he inherited a bad economy from Bush Sr., the economy that Obama received from Bush Jr. was much worse, and that no president, not him, nor any of his predecessors could have fixed the economy in only 4 years.
Maybe Obama's new slogan should be "saved in 4, fixed by 8".
