Message from @PurpleToad
Discord ID: 653124471330177034
Alright, so the most recent was in fact the worst between the two, however it wasnt the great depression its recovery is still the slowest since that time, and this tends to be the thing with democratic administrations their policies arent good for growth
FDR dragged out the depression hears longer than it needed to go on WW2 is what really got us out of it
Obama did the same largely speaking just not to the same extent
i think the fdr thing is complicated
there are a lot of different interpretation of how exactly his policies impacted the depression
i mean i think that overall his policies were probably helping until 1936 when the fdr admin introduced austerity measures which caused the recession to double dip
https://slate.com/news-and-politics/2019/12/nancy-pelosi-impeach-gordon-sondland.html
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Sadly I cannot actually link that Cato PDF
https://www.propublica.org/article/multiple-women-recall-sexual-misconduct-and-retaliation-by-gordon-sondland
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But all credible economists I can think of and anu honest analyst will yell you that FDR prolonged the Depression
i'm not sure what credible means here
Social security is one of our single greatest failures from that era
if you're talking about the thing i think you're talking about
No. I will not stoop to the Democrats level and support removing anyone for unsubstantiated accusations.
i mean, this is starting to go above my pay grade so to speak
but they were working off of the assumption of general equilibrium in a depression which is a situation that is characterized by strong disequilibrium in the market
@Mersenne I'm not assuming he did it, because the rumors are simply rumors, but big if true
granted i do think certain policies of fdr probably hurt
i mean... if were going there
i would just be inclined to think that at least before 1936 they were a net positive overall
lmao
Meh, if they’re willing to investigate Trump for x3 years, but fail to even call Biden as a witness, the bias speaks for itself.
History and economics show that most were responsible for prolonging the depression
like if you compare the recovery of the united states to canada, which took a very hands off approach, the usa recovered faster
Accusations require evidence, regardless of party.
granted it's a crude comparison
Which is similar with what happened with Obama in 08 onwards
Rather 09
in general though countries that pursued more aggressive stimulus policies recovered faster
i mean, trump did hang with jefferey epstien
with japan being of particular note here
As did Clinton
the pedo island
and a Marvel editor, I think
lol
Japan did not follow stimulus they robbed and raped their nextdoor neighbor
Sure, virtually everyone did, and it’s a disgusting injustice that it’s not being more aggressively investigated.
wait what
They practised expansionism and seized the assets and resources of parts of mainland asia
War is the single greatest economic recovery method