Recessions are a necessary part of markets. Removes dead wood. Obviously Wolff doesn't understand that.
I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
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s are in chargeYes I do. FDR prolonged the Great Depression instead of letting it run its course. Pretty much what we have going with.the quantative easing. The 2008 crisis should have been allowed to run its course. Instead we printed and printed money to hold the recession down. Has resulted in huge debt, high inflation, and likely will lead to another Great Depression.
hmmm that must be why he never lost a presidential election
he hired 10% of america by the govt
we could likewise do the same and make the economy sustainable.
Where does the money come to put 10% of our population on the government payroll? FDR put people to work building roads, etc. Was able to hire 10% because we had 25% unemployment. If you hired 10% now where are they coming from with 4% unemployment? And what would they do?
cut the war budget
tax the rich
we know fdr did at least one of those
yea you wouldnt have to necessarily hire 10% now, or maybe you would....30 million americans lost hteir manufacturing jobs.
green new deal asap
Government doesn't produce anything. We aren't going to tax everyone to death so that we can pay 10% of the population nice salaries to do busy work.
The 10% of the population you propose hiring aren't going to create things like the internet. And while FDR paid people very little I'm sure you'd want this 10% to be paid well with great benefits too. So you're going to have to jack up taxes for everyone, not just the rich, to cover the high salaries and benefits of 35 million people. Who you would want to have a say in everything they do so there goes any chance of efficiency. Do you ever think things through?
Just the rich my friend
Were richer now than before too
They can do a green new deal. Public transit.
The pay would be better than ei
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You think all that can be paid for by the people who already pay the bulk of income taxes? What you're talking about is confiscating their wealth. Not just tax more of their income. You'd ruin the stock markets, you'd stop the creation of new business. Why would anyone innovate and create new business when the government is going to take it away? And why would anyone who could afford a car want to ride public transit anyways? Seriously you live in a fantasy world.
In a recession the market is not creating jobs
Fdr did the right thing hiring 10% of the workers
Tax the rich. If he could hire 10% then, you can do it now.
Ppl dont want to be stuck in rush hour, cars are inefficient and more expensive, ppl increasingly cant afford a car
America did well with high taxes on the rich. Better than it did when it lowered them
oldngray
nowhere special
The socialist solution always involves other people's money
Since you know everything economically, it seems musk and trump are going after medicaid
Did you miss out on w bush going after ss?
Capitalists go after workers money. Socialism seeks to end that
People get stuck in rush hour in some cities. So what?
FDR didn't provide them with nice salaries and benefits.
The high taxes on the rich were only on the highest part of their income. The bulk of their income was with the same rates as everyone else. And America didn't do better either. Because eventually high taxation leads to creating dependency. Name one highly taxed state where there's not a dependent class and high rates of crime and drug abuse?
What did Bush do other than suggest we consider privatizing SS?
oldngray
nowhere special
You can't move on from that fake talking point.
Better than ei!
Europe is better
It was almost a maximum income in usa.
Rush hour is a problem
Thank you for supporting my case
Something similar is being proposed now for medicaid
Ralph nader mentioned it a few times since jan. You better watch out! And question your news sources
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