Message from @PurpleToad

Discord ID: 653124471330177034


2019-12-08 06:36:55 UTC  

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

2019-12-08 06:37:30 UTC  

FDR dragged out the depression hears longer than it needed to go on WW2 is what really got us out of it

2019-12-08 06:37:48 UTC  

Obama did the same largely speaking just not to the same extent

2019-12-08 06:37:49 UTC  

i think the fdr thing is complicated

2019-12-08 06:38:02 UTC  

there are a lot of different interpretation of how exactly his policies impacted the depression

2019-12-08 06:38:48 UTC  

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

2019-12-08 06:40:03 UTC  

Sadly I cannot actually link that Cato PDF

2019-12-08 06:40:39 UTC  

But all credible economists I can think of and anu honest analyst will yell you that FDR prolonged the Depression

2019-12-08 06:40:56 UTC  

i'm not sure what credible means here

2019-12-08 06:40:58 UTC  

Social security is one of our single greatest failures from that era

2019-12-08 06:41:07 UTC  

if you're talking about the thing i think you're talking about

2019-12-08 06:41:13 UTC  

No. I will not stoop to the Democrats level and support removing anyone for unsubstantiated accusations.

2019-12-08 06:41:21 UTC  

i mean, this is starting to go above my pay grade so to speak

2019-12-08 06:41:56 UTC  

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

2019-12-08 06:42:24 UTC  

@Mersenne I'm not assuming he did it, because the rumors are simply rumors, but big if true

2019-12-08 06:43:10 UTC  

granted i do think certain policies of fdr probably hurt

2019-12-08 06:43:20 UTC  

i mean... if were going there

2019-12-08 06:43:28 UTC  

i would just be inclined to think that at least before 1936 they were a net positive overall

2019-12-08 06:43:28 UTC  

trump has what 25 accusers?

2019-12-08 06:43:30 UTC  

lmao

2019-12-08 06:43:36 UTC  

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.

2019-12-08 06:43:37 UTC  

History and economics show that most were responsible for prolonging the depression

2019-12-08 06:43:45 UTC  

like if you compare the recovery of the united states to canada, which took a very hands off approach, the usa recovered faster

2019-12-08 06:43:52 UTC  

Accusations require evidence, regardless of party.

2019-12-08 06:43:58 UTC  

granted it's a crude comparison

2019-12-08 06:44:03 UTC  

Which is similar with what happened with Obama in 08 onwards

2019-12-08 06:44:14 UTC  

Rather 09

2019-12-08 06:44:20 UTC  

in general though countries that pursued more aggressive stimulus policies recovered faster

2019-12-08 06:44:25 UTC  

i mean, trump did hang with jefferey epstien

2019-12-08 06:44:29 UTC  

with japan being of particular note here

2019-12-08 06:44:31 UTC  

As did Clinton

2019-12-08 06:44:34 UTC  

the pedo island

2019-12-08 06:44:37 UTC  

and a Marvel editor, I think

2019-12-08 06:44:41 UTC  

lol

2019-12-08 06:44:50 UTC  

Japan did not follow stimulus they robbed and raped their nextdoor neighbor

2019-12-08 06:45:01 UTC  

Sure, virtually everyone did, and it’s a disgusting injustice that it’s not being more aggressively investigated.

2019-12-08 06:45:02 UTC  

wait what

2019-12-08 06:45:19 UTC  

They practised expansionism and seized the assets and resources of parts of mainland asia

2019-12-08 06:45:30 UTC  

War is the single greatest economic recovery method