repeter
DP Veteran
- Joined
- Apr 2, 2009
- Messages
- 3,445
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- 682
- Location
- California
- Gender
- Male
- Political Leaning
- Centrist
The Fed also signifcantly raised interest rates. Thanks to Harding's hands off approach, the market mostly recovered by 1923, years before Europe
George W. Bush
The fact that we were tied into the world economy means we went down along with it. Europe hurt us, since it's economy was devastated by WWI. We were pretty lucky to have our industry on the other side of the Atlantic, or we would have had a lot more damage done to our economy. Anyway, since we were tied into Europe's economy, when they started experiencing economic growth, around 1926 or so, we were well out of the recession.
Yes, since we weren't bombed, and we didn't fight trench warfare on our front yard...
I think it was a theoretical possibility before year 2000 that Bush would become the next president.
So its perfectly valid to vote for Bush also.
I don't know about it being "pollitically correct" but I believe America, after 40 years of standing in front of the Soviet Union, deserves a bit of credit for forcing it into the situation that brought the Berlin Wall down. Denying Middle Eastern oil? Aiding Asian militaires? Aiding Afghani fighters? Beating the influential race in the Middle East? Denying them access in the South Americas? Embarrasing them over the Cuban Missle Crisis? Glamorizing has nothing to do with it.
But groveling to the opinions of international feelings about how America is supposed to be denied any credit is politically correct, isn't it?
BS. 40 years of denying the Soviets their party is exactly what saw them overburdened and at an end. Reagan was the icing. "Politicial correctness" has people seeking anything that will agree with international anti-American cheers these days.
Tell you what....you take America out of the equation going back to 1945 and consider where the Soviet Union would be in 1989.
That doesn't explain why we got out of it so quickly, even without all of these drastic measures you say that we have to take.
Because if I understand it correctly, the recession was mostly the result of transitioning from a war-based economy. That is something that the market can handle much easier than the catastrophic meltdown that was the Great Depression.
Why should that change anything? I thought that recessions were because of insufficient demand. :roll:
Recessions are based on lots of things, and each recession can be caused by different situations. Let's not try to oversimplify things here.
So why does the fact that we were coming out of a war change the way that the recession was ultimately ended?
I think it was a theoretical possibility before year 2000 that Bush would become the next president.
So its perfectly valid to vote for Bush also.
You seem to have the answers, you tell me.
It doesn't change a thing. We got out of that recession quicker because the burden of government was lessened.
Blaming everything on the amount of government intervention is simplistic and ignores many other more important factors.
Complexity for complexity sake isn't much of an argument.
Relevance to what I was referring to is none.
Worst 20th Century President.
I've explained why I believe that Richard Nixon and Ronald Reagan violated their oaths and subverted the U.S. Constitution. They were more than merely criminal in their acts, they were traitorous.
I think at the least some of those who voted ‘James Earl Carter’ as the worst president of the 20th century, namely, Agent Ferris, apdst, bicycleman, Dav, EpicDude86, Goshin, LadyLiberty, LaMidRighter, Missouri Mule, Partisan, Porchev, ptif219, Redress, Vader, should explain their vote and help us understand just what acts he committed that in their eyes causes him to deserve this scourge.
I've explained why I believe that Richard Nixon and Ronald Reagan violated their oaths and subverted the U.S. Constitution. They were more than merely criminal in their acts, they were traitorous.
I think at the least some of those who voted ‘James Earl Carter’ as the worst president of the 20th century, namely, Agent Ferris, apdst, bicycleman, Dav, EpicDude86, Goshin, LadyLiberty, LaMidRighter, Missouri Mule, Partisan, Porchev, ptif219, Redress, Vader, should explain their vote and help us understand just what acts he committed that in their eyes causes him to deserve this scourge.
All of the 20th century presidents violated their oath of office. :roll:
In a word, Iran.
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