What is the saying about history repeating a second time as a farce?
To: Lou Budvis
2 posted on
08/04/2011 3:51:37 PM PDT by
WOBBLY BOB
(My mind is like a steel trap: rusty and illegal in 37 states.)
To: Lou Budvis
Ah. The New New Deal. Same as the Old New Deal. Very RAW.
3 posted on
08/04/2011 3:56:25 PM PDT by
Lazlo in PA
(Now living in a newly minted Red State.)
To: Lou Budvis
Where have these guys been? Amity Shlaes figured this out long ago. See her excellent book The Forgotten Man.
4 posted on
08/04/2011 3:58:18 PM PDT by
foxfield
(Sarah Palin, America's "girl next door".)
To: Lou Budvis
"We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."Understand, some people just don't thrive without a crisis in the midst.
It's a contrived and promoted status.
5 posted on
08/04/2011 4:01:30 PM PDT by
EGPWS
(Trust in God, question everyone else)
To: Lou Budvis
Those two economists will be landed on like heretics. FDR is the Messiah to Democrats and their apparatchiks in academia.
To: Lou Budvis
We learn from history that we learn nothing from history. — George Bernard Shaw
8 posted on
08/04/2011 4:08:32 PM PDT by
Uri’el-2012
(Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
To: Lou Budvis
We can all second guess, but we all know the reason. FDR’s policies didn’t do squat. No one wanted them, he enforced them. (He’ll pad the supreme court). Then WWII happened, FDR was a hero. He was a failure, before the war happened. Then all this crap happened. He forced it all on us. We’ve been realizing all this since. We’ve been pretending the history of WWII, like slavery, nevern was a democrat endorsed issue, it never happened. FDR was the worst president ever. He gave us Obama.
To: Lou Budvis
11 posted on
08/04/2011 4:16:50 PM PDT by
Rumplemeyer
(The GOP should stand its ground - and fix Bayonets)
To: Lou Budvis
15 posted on
08/04/2011 4:46:06 PM PDT by
Bean Counter
( The fit is hitting the shan....)
To: Lou Budvis
17 posted on
08/04/2011 5:11:04 PM PDT by
GOP Poet
(Obama is an OLYMPIC failure.)
To: Lou Budvis
"We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."In other words, it's a shoe-in.
18 posted on
08/04/2011 5:18:40 PM PDT by
_a_0_0_
To: Lou Budvis
How about 12 yrs rather than 7.
20 posted on
08/04/2011 6:02:37 PM PDT by
TASMANIANRED
(We kneel to no prince but the Prince of Peace)
To: Lou Budvis
Obama has done exactly the same thing: favored the sectors of the economy with heavy union involvement over everybody else. It’s surprising how independent FDR’s justice department was to challenge those policies in court; no hope yet on the horizon as Holder is a man of zero integrity.
21 posted on
08/04/2011 6:08:07 PM PDT by
gusopol3
To: Lou Budvis
The economists of Chicago have known this since the days of Frank Knight (one of Milton Friedman’s mentors).
The Viennese have known it since the days of Menger and Boehm-Bawerk (two mentors of Ludwig von Mises).
These UCLA guys don’t seem to get out much.
23 posted on
08/04/2011 6:30:11 PM PDT by
Erasmus
(I love "The Raven," but then what do I know? I'm just a poetaster.)
To: Lou Budvis
“We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”
Obama has been gumming it up in hopes of a prolapse.
25 posted on
08/04/2011 6:33:17 PM PDT by
tet68
( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
To: Lou Budvis; LS
I think that this is 1932, read a lot of the LS school of economics there seems to be a lot of parallels.
To: Lou Budvis
“As we’ve seen in the past several years, salaries and prices fall when unemployment is high. By artificially inflating both, the New Deal policies short-circuited the market’s self-correcting forces.”
No self-correcting except in the housing market.
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