Top 3 Myths About the Great Depression and the New Deal

er, FDR saved America from the Great Depression...er, Hoover's Laisse Faire policies killed the economy...um FDR's Make Work Plans saved or created tens of million of jobs and kept unemployment low.
 
er, FDR saved America from the Great Depression...er, Hoover's Laisse Faire policies killed the economy...um FDR's Make Work Plans saved or created tens of million of jobs and kept unemployment low.

That was a bit confusing frank could you explain iut one more time?:lol:
 
er, FDR saved America from the Great Depression...er, Hoover's Laisse Faire policies killed the economy...um FDR's Make Work Plans saved or created tens of million of jobs and kept unemployment low.

That was a bit confusing frank could you explain iut one more time?:lol:

That's what I was taught...FDR saved America from Capitalism and Hoover's Roaring 20's. FDR kept the Depression from being really bad
 
er, FDR saved America from the Great Depression...er, Hoover's Laisse Faire policies killed the economy...um FDR's Make Work Plans saved or created tens of million of jobs and kept unemployment low.

That was a bit confusing frank could you explain iut one more time?:lol:

That's what I was taught...FDR saved America from Capitalism and Hoover's Roaring 20's. FDR kept the Depression from being really bad

WOW so America stayed in a depression longer than any other country and war doesn't create real wealth?
 
Mackinac Center for Public Policy - Wikipedia, the free encyclopedia



Mackinac Center scholars generally recommend lower state and local taxes, reduced regulatory authority for state agencies, labor law revisions including making Michigan a right-to-work state, school choice via universal tuition tax credits, and enhanced protection of individual property rights. They have been outspoken in their opposition to state higher taxes, economic central planning programs including subsidies, targeted corporate tax breaks,
 
Mackinac Center for Public Policy - Wikipedia, the free encyclopedia



Mackinac Center scholars generally recommend lower state and local taxes, reduced regulatory authority for state agencies, labor law revisions including making Michigan a right-to-work state, school choice via universal tuition tax credits, and enhanced protection of individual property rights. They have been outspoken in their opposition to state higher taxes, economic central planning programs including subsidies, targeted corporate tax breaks,

According to the video most Economic historians would disagree with you.
 
Mackinac Center for Public Policy - Wikipedia, the free encyclopedia



Mackinac Center scholars generally recommend lower state and local taxes, reduced regulatory authority for state agencies, labor law revisions including making Michigan a right-to-work state, school choice via universal tuition tax credits, and enhanced protection of individual property rights. They have been outspoken in their opposition to state higher taxes, economic central planning programs including subsidies, targeted corporate tax breaks,

According to the video most Economic historians would disagree with you.

Dear fool, those are not my words they are from wiki which knows more about this right wing think tank than you do.
 
Only three?

I got a whole slew of them here: Great Myths of the Great Depression [Mackinac Center]

NO not only three just the top three:lol:

I did notice that from your link it said the great depression ended in 1941 where as my link the man said 1947

The 1947 Idea assumes that the Period of Growth from 41 to 47, was artificial, spurred on by spending on WWI, and not a genuine Recovery. Kinda like what Obama thinks a Recovery is.
 
Depression-GDP-output-1.gif
 
Obama's Director of the White House National Economic Council & Clinton's Secretary of the Treasury Lawrence Summers at 22:00 in video
"If Hitler had not come along, Franklin Roosevelt would have left office in the beginning of 1941 with an unemployment rate in excess of 15% and an economic recovery strategy that had basically failed."

Democrat's hero John Maynard Keynes
"Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget."

Government spending is now 47% of GDP & growing. In 2000 it was only 36.14% of GDP. We are now just 3% away from being a government controlled economy. That is the level we spiked to during WWII at the end of the great depression. Now government just remains at depression era spending levels & the economy is tanking.

Democrats scream that government has been cut to the bone over the last 20 years since Regan but the fact is government spending as percent of GDP rose under Regan, Bush & Bush. It only fell under Clinton.

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Lawrence Reed - Wikipedia, the free encyclopedia




Born

September 29, 1953 (age 57)



Nationality

United States



Institution

Foundation for Economic Education



Field

Economics, Public Policy



Alma mater

Slippery Rock University of Pennsylvania (M.A.)
Grove City College (B.A.)



Influences

F.A. Hayek
Ludwig von Mises
Henry Hazlitt
Fredric Bastiat




Lawrence W. (Larry) Reed (born September 29, 1953) is president of the Foundation for Economic Education (FEE), headquartered in Irvington-on-Hudson, New York, a position he has held since September 1, 2008. Before joining FEE, Reed served as president of the Mackinac Center for Public Policy, a Midland, Michigan based free-market think tank. To date, he remains Mackinac’s president emeritus.[1][2]
 
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