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To: 2ndDivisionVet

The comments at the site, btw, are pretty funny. Obama and FDR are awesome, Reagan’s economy was horrendous.


6 posted on 11/18/2011 10:52:03 PM PST by Darkwolf377 (Obama: The stupid person`s idea of a smart person.)
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To: All
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7 posted on 11/18/2011 11:08:50 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC BY DONATING NOW! Sarah's New Ping List - tell me if you want on it.)
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To: Darkwolf377
It defies any semblance of reason or logic. They openly admit that this is the worst economy since the Great Depression as gauged by the time it is taking for us to enter a period of recovery. As the article points out, it has been 47 months now, and we still have double-digit underemployment. FDR's New Deal II would drive unemployment above 20% in 1938 - almost a decade after the 1929 crash. Yet these leftists can't seem to grasp the fact that the policies of these two men are what caused that recovery to be unnecessarily delayed.

The biggest lesson to be learned from the Great Depression is this - without exception, every single policy that FDR enacted failed miserably at jumpstarting a recovery. From January 1933 until Dec 7, 1941 marked an era of epic fail for the same policies that are being enacted now.

46 posted on 11/19/2011 1:37:21 PM PST by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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