"unless lawmakers gum up a recovery with ill-conceived stimulus policies" is merely opinion without evidence. By 1935 the UE was coming down, then the pres and congress enacted conservative economic legislation that gummed up the recovery.
Jake, why did "conservative economic legislation" succeed wildly in 1921 but fail for FDR?
False: the 1921 legislation slowed down the expansion. The 1930s legislation has been explained several times above, so, no, you don't get "just once more."
Jake, I posted the data set that showed the economy boomed after 1921 and UE went down to 3% and stayed there until Progressive Hoover.
Are you concussed? Do you have memory issues? Why are you back on the demonstrably false "1921 legislation slowed down the expansion" meme. Can you show us this "Slowdown"? You're literally the only person on the planet saying it
Jake, I posted the data set that showed the economy boomed after 1921 and UE went down to 3% and stayed there until Progressive Hoover.
I am not jake, but you are playing little con troll games, me boy. The 1921 recession was explained to you as what all rational people know- a short term recession caused by the end of wwI. that you are unable to read, understand, or remember is your functional malfunction. Me poor ignorant con troll.
The great Republican Depression of 1929 was a DEPRESSION, caused by lack of aggregate demand. Totally different, as anyone with a little bit of functioning brain matter understands. Again, it is no ones fault that you are a congenital idiot.
Are you concussed? Do you have memory issues? No one but you is concussed, or confused, nor has memory issues. Except con trolls like yourself. But as I explained, you are a congenital idiot, which is not your fault.
The question is, me poor ignorant lying con troll, is why do you try to rely on a recession caused by a war ending to prove something about a recession that was totally different. Is it:
1. Just that you are too stupid to know that the two downturns were completely different?
2. That you, being a stupid con troll, think all downturns are the same?
3. Just like to make up lies to prove your other lies?
4. That you are simply butt stupid?
/QUOTE]
1921: Presidents Harding and Coolidge trust the free markets and stands aside to let assets, liabilities and wages reprice, Severe recession ends in 18 months and unemployment flat-lines at 3% for 7 years
1929: Presidents Hoover and FDR abhor the free market and are convinced they should be in total command of the US economy causing 11 years of the worst economy in human history only ended with the biggest world war in human history
I was asking Jake to explain his "1921 legislation slowed down the expansion", and you chime in to again demonstrate that you're in Starkey territory when it comes to marcoeconomics[
Says a guy who can not even spell the word. Really, thanks for proving you are a fool. I do indeed understand macro economics. It is you who has no education and no understanding of the subject. But, what the hell, as a con troll and a congenital idiot, what can one expect.
Let us know what your delusional mind thinks marcoeconomics is, dipshit.
