Now they are reaping what they have sowed.
Does that mean EVERYONE deserves this? no. But life isn't fair. If you live in a liberal state, I suggest you vote with your feet.
People in 1910 were not rich, nor was this country better off. End of Story.
I contend that the economic downturn is the fault of the government. Hands down.
I can play the blame the people game. Previous generations of Americans are to blame for creating the bad government that we have now. The same people have been making bad decisions, electing bad politicians, and doing anything else in their power to create horrible situations for a long time now.
The stupid liberal mindset of today’s generations ... you got it ... the faults of Previous generations of Americans... Who you ask? Every single person of every previous generation regardless of political affiliation as ultimately they can be directly held at fault for today’s problems.
Ha - if I had my way ... no one over 40 would be allowed to make a single decision ever again. Maybe we would get somewhere then.
Wonderful US History
“In 1923, the United States produced 49% of all products worldwide. 6 In the years between 1919 and 1927, the American economy grew ten times as fast as in the years of 1900-1919. 7”
[Twenty years dominated by Teddy and Woodrow Wilson — 1900-1919. Even sharper than that — a depression that spilled into 1921. 1919 and 1927 ... sharper than that ... the Harding Recovery from 1921 policy / Roaring Twenties, leaping out from a depression through tax cuts AND spending cuts! It would be interesting to compare Teddy’s Panic of 1907 on through to Wilson’s depression into 1921 with Harding’s 1922 - 1927]
5 Detlef Junker, “Die Aussenpolitik der USA 1920-1940”, in: Otmar Franz ed., Am Wendepunkt der europaeischen Geschichte (Goettingen, 1981), p. 202.
6 Hermand, p. 49.
7Ibid., p. 52.
8 Ibid., p. 49.
9 Ibid., p. 51.
10 Ibid., p. 52.
11 Mary Nolan, Visions of Modernity: American Business and Modernization of Germany (Oxford, 1994), pp. 30ff.