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BamaLivesFootba ●
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robert1975 said...
Well we can start with the price controls, Then go on to how our Government would limit the amount of crop the farmers could grow to artificially keep the price of food high, when the country was starving and cheap food without the price controls would have helped people.
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BamaLivesFootba ●
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BamaLivesFootba ●
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rms02d said...
Most economic indicators were going upward before 1939, so its a bit ridiculous to say that WWII was the sole reason that the economy got better, of course it played a primary role.
Your opinion that Roosevelt's policies made the Depression worse, is a minority opinion among economists and peer-reviewed research, so your "background" doesn't make your opinion irrefutable fact.
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robert1975 said...
Well I just named the price control issue off the top of my head, and since you have nothing to contribute as FDR policies that helped to get us out of the Depression. Well I have no desire to just teach you about the entire Great Depression tonight. I got better things to do. But thanks for your contributions to the discussion which amounted to "no" but I have nothing to say as to why I believe that to be true.
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CptAUmerica21 ●
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robert1975 said...
Well I just named the price control issue off the top of my head, and since you have nothing to contribute as FDR policies that helped to get us out of the Depression. Well I have no desire to just teach you about the entire Great Depression tonight. I got better things to do. But thanks for your contributions to the discussion which amounted to "no" but I have nothing to say as to why I believe that to be true.
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CMXI said...
Ah, the good old cop-out.
Seriously, if you're so sure you're right, it shouldn't be at all difficult to point to legitimate sources and explain why you're correct. Seriously, if you can't defend your view, it's pretty pathetic to even assert it in the first place, and especially for someone with a supposed Econ background.
How about this: I switched out of my Econ major after my freshman year, so we'll just assume that you've had more Econ experience than me, but that I understand the basic terms. Explain your theory to me - that's not too much to ask, is it?
This post was edited by robert1975 on 2/20/2013 at 9:15 PM
robert1975
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BamaLivesFootba ●
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robert1975 said...
still haven't heard a counter argument to my first point, why would I spend all night doing a thesis on this stuff if none of you "economists" have anything of value to contribute.
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robert1975 said...
Well I just named the price control issue off the top of my head, and since you have nothing to contribute as FDR policies that helped to get us out of the Depression. Well I have no desire to just teach you about the entire Great Depression tonight. I got better things to do. But thanks for your contributions to the discussion which amounted to "no" but I have nothing to say as to why I believe that to be true.
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ilovelamp51
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CMXI said...
I love how you just edited this post to conveniently remove your idiotic assertion that the Smoot-Hawley Tariff Act caused the Great Depression.
Black Tuesday happened 8 months before the passage of the Smoot-Hawley Tariff Act. How could the passage of that Act have possibly started the recession which caused the Great Depression?
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rms02d said...
Price controls in Agriculture didn't starve people.
Price controls aren't a bad thing when thousands of share-croppers and tenant farmers are growing cotton and corn without coordination. Which is what the US was doing from the Civil War up to 1930. Its not like every Farmer could go online and purchase a Futures contract to lock in prices on their crops.
Part of the collapse in agriculture prices in the early 30's was due to overproduction because of a lack of coordination between farmers. Hence the Agricultural Adjustment Act.
Those price controls did help to increase the wealth of the farming community too. Not sure how that is a bad thing.
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robert1975 said...
Oh lol, I was wondering where that got deleted I must have hit the wrong key in my frustration with someone who has nothing of value to add, thanks for mentioning it for me.
The Smoot Tariff Act and starting a world wide trade war helped to turn a recession into a depression, so when FDR took over instead of having him and the new democratic congress repeal it, we instead of tried to do other policies that didn't work. Instead of letting the monetary deflate and let prices adjust to the new money base, we pursed price controls and other monetary polices to try and inflate the money supply that didnt work. Japan did the same thing in the 90s and went through a decade of no growth.
To be honest the only policy of the New Deal that I liked was the FDIC insurance for banks.
Really come one, what policies did FDR do that were so wonderful. I just know some of you guys can contribute something meaningful to the discussion.
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robert1975 said...
Oh lol, I was wondering where that got deleted I must have hit the wrong key in my frustration with someone who has nothing of value to add, thanks for mentioning it for me.
The Smoot Tariff Act and starting a world wide trade war helped to turn a recession into a depression, so when FDR took over instead of having him and the new democratic congress repeal it, we instead of tried to do other policies that didn't work. Instead of letting the monetary deflate and let prices adjust to the new money base, we pursed price controls and other monetary polices to try and inflate the money supply that didnt work. Japan did the same thing in the 90s and went through a decade of no growth.
To be honest the only policy of the New Deal that I liked was the FDIC insurance for banks.
Really come one, what policies did FDR do that were so wonderful. I just know some of you guys can contribute something meaningful to the discussion.
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Do you consider Abraham Lincoln to have been a tyrant ?