One Man’s Capitalism….

[rightwinger]

The free market system is far superior to any other and at this time it is so unbelievably easy, beyond easy to find qualified, hard working, immensely productive workers.

With proper Government oversight

Yep. And as we keep decreasing that, our inequalities increase, and socialism becomes more interesting to many. People who vote. That's no coincidence.

This keeps up, and we'll have our very own French Revolution. It's already starting.

The Producers of this country highly disagree with you.

Now the people who made bad life decisions and poor choices highly agree with yor statement.

You have to divide people in their order of things.

Capitalists used to share a higher proportion of profit with the workers. Since Reagan, that percentage has decreased

 

[Daryl Hunt]

The free market system is far superior to any other and at this time it is so unbelievably easy, beyond easy to find qualified, hard working, immensely productive workers.

And that is what is wrong. it's not the free market, it's the fair market. In a free Market, there can only be one.

 

[Mac1958]

The free market system is far superior to any other and at this time it is so unbelievably easy, beyond easy to find qualified, hard working, immensely productive workers.

With proper Government oversight

Yep. And as we keep decreasing that, our inequalities increase, and socialism becomes more interesting to many. People who vote. That's no coincidence.

This keeps up, and we'll have our very own French Revolution. It's already starting.

The Producers of this country highly disagree with you.

Now the people who made bad life decisions and poor choices highly agree with yor statement.

You have to divide people in their order of things.

Well, let me know when you can take the vote away from people you don't like.

 

[Persistence Of Memory]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

 

[LAUGHatLEFTISTS]

A good post. The free market is alive and well. It's unfortunate that decent paying jobs $30 per lhour plus, are able to be shipped overseas because the workers there don't have to be paid but a slave wage to do them. Those companies that do that to american workers who are so far and away the hardest working most productive and dedicated in the world, should be penalized.

Huh? I thought they hated Trump because he's orange.

 

[Persistence Of Memory]

In my life I've learned one thing.

Those with the least amount of money earned in a lifetime KNOW the most about finances...................BAWWWWHAAAAAA.,..........My God. Stick to widget making and sftfu.............LOLOL

 

[rightwinger]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

 

[PoliticalChic]

So now you are trying to rewrite history. The Crash happened in 1929 brought on by the total release of all regulations. When FDR took over in 1933, the Nation had millions living in the streets, in tents, in cars that they couldn't afford to put gas into, under bridges, in cardboard boxes, wooden shipping crates. And there were 3 1/2 million armed WWI vets with starving, cold and miserable families that the entire Federal Government were rightfully fearful of. The Country was about half a second from a full blown Civil War where the Federal Troops would have been outnumbered and outgunned by at least 100 to one. And I doubt if the Feds could have gotten the Federal Troops to fire on those desperate Veterans. You think it's bad today, think again. The Federal Government didn't do the New Deal because it was what they would normally do. Normally, they would cater to the rich like all others before them. But due to the circumstances, they had to do something very drastic and very fast. One of my Grandfathers worked on the Million Dollar Highway project. The other was a Dairy Farmer who "Contributed" Milk, Cream and Cheese to those programs. My mother would collect coal from the coal that would fall from the coal trains along the rails so they could heat their house. My father herded Sheep (They got to keep the Sheep but the Cattle was controlled). People had to eat and work. And have incomes to just survive. Your unfettered "Capitalism" almost destroyed America and lost the United States Constitution in the process.

So you try and rewrite history. Well take a good look at today. History is repeating itself because you refuse to learn from history. Better to rewrite it and just grab what you can and say, "I got mine".

Time for you to learn the truth: it was the Democrat Depression.

The Depression was the result of FDR's intentions.
He knew that Republican Harding had defeated a similar recession in short order, so he did the very opposite.



1. The basis of FDR's 1932 campaign to win the presidency from Herbert Hoover was his emphatic promise to the suffering American people, that he would balance the budget. Of course, he also promised that he would use the government to create jobs, and that they "had a right to a comfortable living."

http://www.heritage.org/initiatives/first-principles/primary-sources/fdrs-commonwealth-club-address

2. Roosevelt went further! The cause: "It arises from one cause only and that is the unbalanced budget at he continued failure of this administration to take effective steps to balance it!

If that budget had been fully and honestly balanced in 1930, some of the 1931 troubles would have been avoided. Even if it had been balanced in 1931, much of the extreme dip in 1932 would have been obviated. Every financial man in the country knows why this is true." http://www.presidency.ucsb.edu/ws/?pid=88399



a. And this: "... carrying out the plain precept of our Party, which is to reduce the cost of current Federal Government operations by 25 percent." Ibid.



FDR's promises!!!



And.....the very same plan that Harding used to tame an earlier upheaval.

And it worked.





3. ....to begin with, in March of 1933, he didn't fill his cabinet with persons committed to a balanced budget. A pretty much poke 'in your eye.'

Nah....instead the bunch put together the huge spending and administrative expansion of his first hundred day, Douglas knew the real deal.

. Roosevelt expanded the federal government and ran up deficits much greater than those of Hoover.

Take a good look around you today. With Covid 19 going on, it amounts to about the same thing. And I don't fault Rump for having to borrow money (2 trillion just this quarter alone). Regardless of how we got here, we are here. But we aren't nearly as bad off as our Grand Parents were in 1932. And we don't have nearly the character they had either. If Hoover had done what you claimed, there would have been NO Depression, only another recession.

Are you aware that Bush, Jr presented to Congress in 2003 a bailout plan of 733 billion and was laughed off Capital Hill be both sides? By 2009, that same plan was expanded to 1.3 trillion and accepted. And that plan was all the prevented us from another Depression. Instead, we settle for another Recession.

The Depression was already in place by the time FDR took office in 1933. And I as pointed out, it was do something drastic or the Nation was lost to a Civil War. The Feds and the Governors did what they had to do not what they wanted to do.

But you keep trying to rewrite history but it's still a long series of lies.

Sad how you cowardly Liberals will never simply admit the truth about your gods and godfathers.

Roosevelt was a devotee of Stalin and his dictatorial powers, and did everything he could, both to support and defend the Bolsheviks, and to make certain the Depression was extended.

"FDR’s policies prolonged Depression by 7 years, UCLA economists calculate"

FDR’s policies prolonged Depression by 7 years, UCLA economists calculate

www.ff.org

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot."

Morgenthau, Henry, Jr. (May 9, 1939). Henry Morgenthau Diary, Microfilm Roll #50 (PDF, 1.9 MB).
Henry Morgenthau Jr. - Wikipedia.



I'm never wrong.

 

[rightwinger]

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Hoover was the fall guy for eight years of reckless Coolidge/Harding policies

 

[Persistence Of Memory]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

The 1st yrs of a depression are tough. Yep. 12 yrs of the adultering cripple produced poor results, Rosevelt was great at smoking cigarettes, drinking cocktails, ignoring his wife, and sleeping 12 hrs a day. It took 2 hrs to put him together for the day and 2 hours to dismantle the poor thing.

 

[PoliticalChic]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

The 1st yrs of a depression are tough. Yep. 12 yrs of the adultering cripple produced poor results, Rosevelt was great at smoking cigarettes, drinking cocktails, ignoring his wife, and sleeping 12 hrs a day. It took 2 hrs to put him together for the day and 2 hours to dismantle the poor thing.

Just be careful......for those people, he is a god, like Obama!

You may be accused of blasphemy!

 

[Gdjjr]

Arrogant ignorance. They won't look in the mirror when they scream about the commies.

That is a bi-partisan effort- the political stripe is immaterial.

 

[PoliticalChic]

5. The nature of the US government has changed considerably since it s inception. This, due largely, to the fact that so very many of our early Presidents were taught and influenced by German political ideas, notably those of Hegel. They, the intellectual descendants of those who worshipped Bismarck’s Prussia or Mussolini’s Ministry of Corporations…the lodestar of enlightened economic policy….in a quest for the holy grail of government-business ‘collaboration’ are known today by the sobriquet 'Progressives.'



For the Founders, the individual was the important part…..for those that spring from Hegel, government is. Hegel said, “The state says … you must obey …. The state has rights against the individual; its members have obligations, among them that of obeying without protest”

Everything you own and your are.....belongs to government. Pretty much explains the Democrat slave South.




6. Franklin Roosevelt was inspired by the power of the dictators. He took Mussolini’s Fascist economic system, and imposed it on America.

His economic adviser, Rex Tugwell was opposed to any private business not controlled by the government. General Hugh Johnson was working with Tugwell on a bill to create the NRA, and gave Francis Perkins the book by Rafaello Viglione, "The Corporate State," in which the neat Italian system of dictatorship for the benefit of the people was glowingly described." Francis Perkins, "The Roosevelt I Knew." The NRA was copied from Mussolini's corporative system. p.47


Perkins questioned whether Johnson 'really understood the democratic process..." New Dealers had no problem with the fascist nature of their plans. They actually imprisoned a NJ tailor who charged a nickel below the price FDR set.



Imagine forcing one citizen to bake a cake they didn't choose to......

 

[Persistence Of Memory]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

The 1st yrs of a depression are tough. Yep. 12 yrs of the adultering cripple produced poor results, Rosevelt was great at smoking cigarettes, drinking cocktails, ignoring his wife, and sleeping 12 hrs a day. It took 2 hrs to put him together for the day and 2 hours to dismantle the poor thing.

Just be careful......for those people, he is a god, like Obama!

You may be accused of blasphemy!

Well I'm about to put Bush 43 in the same company as Rusevelt so they should cut me some slack. LOL

 

[Persistence Of Memory]

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Hoover was the fall guy for eight years of reckless Coolidge/Harding policies

There you go. Hoover had no chance with that rude congress of his day. He was slow to act.

Harding was lucky he choked off...lol

Harding has a soft spot with me. He fathered a child in his senate office CLOSET with a woman 30 yrs his junior.

His heart was working fine then. he was still corking her until he died. Nan killed him...lol

 

[rightwinger]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

The 1st yrs of a depression are tough. Yep. 12 yrs of the adultering cripple produced poor results, Rosevelt was great at smoking cigarettes, drinking cocktails, ignoring his wife, and sleeping 12 hrs a day. It took 2 hrs to put him together for the day and 2 hours to dismantle the poor thing.

Hoover and Republicans only made matters worse over three years. That is why they did not elect another Republican for twenty years.

 

[Gdjjr]

The cartels practice capitalism- the US gov't practices crony capitalism to help enforce hegemony and BOTH Party's subscribe to it.
Free trade is what counts. There is no such thing as "fair trade"- (one man's trash is another man's treasure)
A "system" will *always* fail due the inherent weak link in its chain. A "system" requires a controlling mechanism. The key. Controlling. Free markets are influenced by unseen forces (private transactions). Mechanisms are prone to failure from wearing out. Private transactions can only exist in a free market and will only work when capitalism is a key component.
Congress critters use interpretation of authority to institute control which is not what the original intent was.
Originally, congress was to help ensure (not insure) that one district didn't have a legal advantage over another- yet, here we are with regulations favoring one over another- the diametric opposite. POTUS's have been over stepping their boundaries from the beginning- as have congress critters- what is the answer? Proper Education.

 

[Gdjjr]

Hoover and Republicans only made matters worse over three years.

Oh bullshit. The "system" made matters worse- it is a bi-partisan effort- today even.

 

[PoliticalChic]

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program was FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



1."The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."
Know how many there were?
Over thirty. And the average length was a year or so.
List of recessions in the United States - List of recessions in the United States - Wikipedia

The Great Depression was a shock to the economic system like no other. Remember, just prior to this recession, Republican free market polices led to what John Kennedy called ‘a rising tide that lifts all boats.’ The ‘Roaring Twenties.’

"After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."
The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty


The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties


The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...."

A New Society: Economic & Social Change

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring T

www.cliffsnotes.com

2. Note how Republican Harding solved the ’20-’21 depression, and we’ll see how Democrat FDR knew about the solution, but did the very opposite.

"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ...Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
One of Harding’s campaign slogans was "less government in business," and it served him well. … just a year and a half after Harding became president, the Roaring 20s were underway
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces.
America’s Greatest Depression*Fighter by Jim Powell



Either the free market......or "You didn't build that!"

There is no separating politics and economics.

You are so correct.
Most depressions in our history lasted a relative short time as they healed themselves.
The Great Depression was great only because it lasted so so many yrs more than it should have.

It is so laughable when Hoover is blamed for the market crash 8 months in his admin from years of dizzying speculation and insane margins on borrowing for stocks.

Kind of like blaming Bush for 911, 8 months in after Bin Laden planned under Monica's boyfriends red nose for 5 F yrs................BAWWWHAHA.

The Great Depression gave us 25 percent unemployment under Rrepublican Hoover. That was after three years

It took FDR to save us

The 1st yrs of a depression are tough. Yep. 12 yrs of the adultering cripple produced poor results, Rosevelt was great at smoking cigarettes, drinking cocktails, ignoring his wife, and sleeping 12 hrs a day. It took 2 hrs to put him together for the day and 2 hours to dismantle the poor thing.

Just be careful......for those people, he is a god, like Obama!

You may be accused of blasphemy!

Well I'm about to put Bush 43 in the same company as Rusevelt so they should cut me some slack. LOL

Sorry.....the Bolsheviks require 100% purity or it's the gulag.

 

[PoliticalChic]

The cartels practice capitalism- the US gov't practices crony capitalism to help enforce hegemony and BOTH Party's subscribe to it.
Free trade is what counts. There is no such thing as "fair trade"- (one man's trash is another man's treasure)
A "system" will *always* fail due the inherent weak link in its chain. A "system" requires a controlling mechanism. The key. Controlling. Free markets are influenced by unseen forces (private transactions). Mechanisms are prone to failure from wearing out. Private transactions can only exist in a free market and will only work when capitalism is a key component.
Congress critters use interpretation of authority to institute control which is not what the original intent was.
Originally, congress was to help ensure (not insure) that one district didn't have a legal advantage over another- yet, here we are with regulations favoring one over another- the diametric opposite. POTUS's have been over stepping their boundaries from the beginning- as have congress critters- what is the answer? Proper Education.

You're gettin' ahead of me.....

This was in the OP

One Man’s Capitalism….

…is another man’s Fascism

Combine politics and economics and you get politics.

In this thread:
a. Republican Harding vs Democrat Roosevelt: Depressions.
b. Mussolini’s economic program waw FDR’s New Deal
c. Crony Capitalism, or how politicians get rich
d. The real reason bureaucrats hate Trump.



I'll get to that.....