Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 534065253051531264
And busted again
The "boom" was inflated as I said above
Spending does not stimulate the economy
Yet it got the factories back in business and people employed, which led to a tremendous growth in consumer goods growth after the war
And, perhaps more importantly, it broke the pro-cyclical negative attitude about the economy at the time
The only thing FDR was good at was foreign policy
"Pro-cyclical negative attitude "
?
Visitor it wasn't consumer goods
All of it was the millitary grade goods
Which was not increasing the standard of living
it's hard to prove that, I don't think there's sources about "increase in razor blade production during the 30-40s"
but there's plenty of ones about increase in military production
yeah
and we also had a bust
The bust was from the withdrawal of stimulus, since spending is included on gdp
The bust was due to malinvestment
due to the expansion of credit
It's like every single one
Since if a stimulus is needed to keep the economy going, it means the government will go into debts, it's not economically sustainable
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ where’s my Reagan 😡
Being remembered as the demigod of Anglo-American conservatism and not as the gun-grabbing nannyist illegal-loving cuckaduck he was
Oh I didn’t know any of that
I jew knew that he did his best to make the US free market
As free as possible*
Trickle down economics is not *watertight* 😉 but yes everyone's wages rose in the 80's
I mean it works better than the government giving people money
And Reagan wasn't malicious really
With foreign policy, he was forced into a bad place, fooled by the neocons of the Project for a New American Century, who of course were mostly Jews
But domestically we still had some problems
I mean the contra thing also wasn’t fantastic
was it Reagan who had the “Star Wars” dream
Or was that carter
yeah
Reagan, I believe
Damn
That’s not good either
Now with Reagan, we did see some bad shit pass through Congress
Namely