John Maynard Keynes To The Rescue!

evince said:
List of recessions in the United States - Wikipedia, the free encyclopedia

Here is the historical list of all US recessions.

Now go look at them and study the patterns seen.

I know you wont but other people who are not so TIED to their failed ideas might.

You will realise we had a cycle of boom and bust the happened every few years. These times made it very hard for the regular Joe to build and secure their futures. The wealthy on the other hand could make money on the up side and the down side.

The population got fucked mostly and eeked along.

After the GD Glass steagal was put in place and all of the sudden we had a middle class that emerged at steady pace and the recessions were futher apart and shallower.

The facts are there and you have to shimmy, shake, tip toe, rewrite history, deny facts, go blind, hold your breath and stomp your little feet to keep from seeing reality.

It makes your life miserable, why not just give up on the failed ideas and think of soemthing that you wont have to shimmy, shake, tip toe, rewrite history, deny facts, go blind, hold your breath and stomp your little feet to defend.

GET SOME NEW IDEAS THAT ARE NOT PROVEN FAILURES!
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According to your link, the Great Depression lasted 3 years, 7 months. LOL
 
Southern Man said:
Capitalist is prone to cycles due to over-speculation, causing market correction. Left alone, these recessionary periods recover relatively quickly, usually in a period of months. Liberals see these as an opportunity to advance their agenda, lengthening the recovery period to several years if not a decade or more.

We saw this with FDR and the New Deal, which lengthened the 1930's depression by about seven years. It took much of the UK's cash, given to us in return for tools of war, to start our recovery.

Under Obama's Hope and Change, we may never recover.
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Laissez faire capitalism belongs in the 19th and early 20th century as a philosophy, not in modern times. If you call the near collapse of the world's financial systems a market correction then you are seriously deluded. I will agrre with you though that us good old Brits helped to dig you out of recession prior to WW2.
 
Bittermark said:
It often did in the days before conservatives adopted the "strangle the beast" strategy so that they wouldn't have to deal with cutting the government themselves.
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Liberal Democrats have zero interest in cutting government, why would they? They have proven they can get away with increasing spending and regulations as much as they want and any massive over trillion deficit from that spending they can blame on a puny declining $83 billion Iraq war or $40 billion in tax cuts for the rich.
And if that doesn't work, blaming the "free market", corporate power and greed will always get an instant 45% of the nation who are morons and will believe them instantly.
 
tom prendergast said:
Laissez faire capitalism belongs in the 19th and early 20th century as a philosophy, not in modern times. If you call the near collapse of the world's financial systems a market correction then you are seriously deluded. I will agrre with you though that us good old Brits helped to dig you out of recession prior to WW2.
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We have a near collapse now because of government intervention in the housing market. Obamanomics has now created a situation where deficits cannot be paid back. Capitalism works best when government by and large gets out of its way.
 
tom prendergast said:
Laissez faire capitalism belongs in the 19th and early 20th century as a philosophy, not in modern times. If you call the near collapse of the world's financial systems a market correction then you are seriously deluded. I will agrre with you though that us good old Brits helped to dig you out of recession prior to WW2.
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that's because of the bubble that was created because bankers knew THE GOVERNMENT WOULD BAIL THEM OUT! stupid douche.
 
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