our economy has gotten ever worse since the Big Fed deals of post-ww2
What big Fed deal, how has our economy gotten worse, and how did the big fed deals make it worse assuming it did?
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our economy has gotten ever worse since the Big Fed deals of post-ww2
freeing slaves: Progressivism
civil rights: progressivism
workers' rights: progressivism
OSHArogressivism
equalityrogressivism
separation of church and staterogressivism
anti-child labor laws: progressivism
all opposed by 'conservatives'
conservatism: resistance to change; preservation of the status quo
Progressive gave us some very important regulations. Without Teddy, we wouldn't have any restrictions on consumer products or monopolies. I can't see why people are arguing for more deregulation when we've been getting deregulation since Reagan and are now in an economic crap hole. I blame deregulation for the failing of banks, if subprime mortages were more tightly restricted alot of this mess wouldn't have happened. I don't like how invovled the government is in the economy right now, but I believe it should certaintly regulate commerce.
Well it's not true that you wouldn't have any regulation on "monopolies" without Roosevelt, because the Sherman Antitrust Act was signed under Benjamin Harrison to combat those evil capitalists.
Oh, and by the way, we have an extremely regulated market. The Federal Reserve can create money out of thin air and change the interest rates on a whim.
Currency is not a "market". It is a means to facilitate exchange.
Well it's not true that you wouldn't have any regulation on "monopolies" without Roosevelt, because the Sherman Antitrust Act was signed under Benjamin Harrison to combat those evil capitalists.
Oh, and by the way, we have an extremely regulated market. The Federal Reserve can create money out of thin air and change the interest rates on a whim.
Currency is not a "market". It is a means to facilitate exchange.
However, tampering with the currency and interest rates has a profound effect on the market.
, how has our economy gotten worse?
, how has our economy gotten worse?
The Fed satepped in to guide the markets in order to meet the war needs in WW2.
It used to be that a man w/ a HS education could earn enough to buy a house and support his family
Now, both parents work just to get by, most people never pay off their house or credit cards (passing their debt to the next generation when they die) the dollar is worth about as much as toilet paper was in the 50s Guilded Era...
Real Wealth and buying power keep decreasing