Yet the depression continued until there was forced stimulus production because of a war.
Spending isn't enough if you don't also stimulate production.
If the government attempts to provide the product without the production it extends the problem, it doesn't help anybody to just spend. We must spend effectively.
The above is absolutely s
pot on, No1
Note that even if we stimulate production
now, a significant amount of the production stimulated will happen in some other land ...some land where
they still make stuff.
When I was a boy, American was a nation run by citizens who worked in factories and
MADE STUFF...stuff that they bought and sold
to each other.
That generation had suvived through the last great BANKER'S depression, and they'd just fought the war for their very existence against the Axis FASCIST powers.
That generation clearly understood what it meant to be a citizen
of a nation and they understood that the nation's fate and theirs were tied together.
Then my generation and those that followed became a nation of consumers
rather than citizens
When people on boards like these tell me that they care more about buying their shirts cheaply than the overall wellbeing of the nation's working class, I know that this nation is now so populated with spoiled, rather stupid children, and that the society is bound to unravel.
We either care about this nation we either understand that we all must sacrifice
somewhat to make it work, or this society goes down. It's really that simple.
Obviously not enough of us understand that being a citizen is a birthright, but one that comes with responsibilities to
THIS NATION...not as consumers, but to its
CITIZENS.
Our leaders of late, have been nothing but selfish pigs and their attitude has become the
zietgiest of our time.
9-11 happened and what did the idiot tell us?
"Go shopping"!!!!!!!
When Bush the Idiot wasn't removed from office
at that point, it should have been apparent to all of us what total incompetents were in CONGRESS, too.
It's taken nearly fifty years of economically destructive policies on the part of the master class, but the selfish bastards have broken the Republic's economic back, folks.
Some of you believe this was purely an organic outcome, and that it was not expected.
I personally cannot believe that.
Why?
Because far too many of us who were not in power
knew an economic meltdown was inevitable.
The FUNDAMENTALS -- you remember those fundamentals, right? Those are the economic things that people like Bush II and McCain kneejerkingly kept telling us were sound? --
ARE NOT RIGHT.
The Imbalance in our trade is not a minor prick in the economy
It is a bleeding arterial wound.
Because not ONLY ismoney leaving our shores, but those imports represent TENS OF MILLIONS OF JOBS that American do not HAVE.
One had to have been completely bamboozled by the economic priests to think that isn't the problem that is at the root of the current economic meltdown.
Everybody had been told by ROSS PEROT that this was a disasterous policy.
Remember him?
He was characterized as a nutter, remember?
And that is EXACTLY what has been done to millions of American, folks.
Anyone who wouldn't SWEAR THAT THE EMPORER HAD MARVELOUS CLOTHES was dismissed, disenfranchised, marginized from political power, or otherwise PUNISHED for
not swearing to the validity of the LIES that the master class was selling the unwashed.
