Message from @BBmine
Discord ID: 533869126180143124
naturally it will
But how can it
How can what ?
deflation occur ?
And it was the capital spent on wartime investment into factories and employment that resulted in the consumption-driven boom after the war
How can money just rise to meet demand without some sort of intervention
Boom in what?
The economy
read above
GDP data was inflated
I would ask for a source but I have to leave anyways
Apologies
bye
Pce
I can’t give a source as you even said military spending
which is what I say above
It’s inflated as it did not go towards consumer goods
I think we should abolish the presidential term limit so trump can run in 2024 and so on
As much as I like Trump, he would be a bad president if he kept on running
How?
And when he dies, do you really want Hillary Clinton's best buddy in office for 20 years?
Franklin got 4 and he did amazing
And he was a dem
That was before the Constitution said you only get 2
And let’s be honest, when trump does Kanye, Trump Jr. or another republican will take over and that’s one of the only things I’m against in the constitution
@ParadiseRacer24 FDR was terrible
that guy was a economic catastrophy
And the Japanese internment
Terrible? How. The new deal brought us out of the Great Depression, served as an amazing general for World War Two and the people loved him so much he got elected 4 times
@ParadiseRacer24 no he didn’t
He extended the depression
His very policies extended and delayed the recovery to after WW2
The new deal was a disaster that extended the Great Depression , like always government intervention delays recovery. Just like what happened in 2008
I’m not saying the new deal is the best thing ever, but it gave people jobs, it’s better than what Hoover did
Hoover did the exact same thing but FDR did it 10x worse
It gave people jobs , barely
Real unemployment and the unemployment itself was much higher
It also prolongated the recession
Yet GDP growth was the fastest in YS history for most of his presidency